Luxembourg is a major financial centre, and financial advisors play a key role in supporting Luxembourg’s economy. Financial advisors in Luxembourg help individuals and businesses manage their finances. This includes offering guidance on investments, retirement planning, insurance, tax planning, and more.
If you are considering becoming a successful financial advisor, you must work on your skills and gain a higher level of education to get a good salary package. In this complete article, we will explain to you how salary may vary by such factors as education and experience. For more information on Financial Advisor Salary in Luxembourg, read this complete blog post
This Blog Includes:
- What is the Average Financial Advisor Salary in Luxembourg?
- Financial Advisor Salary in Luxembourg By Experience Level
- Financial Advisor Salary in Luxembourg By Education Level
- Financial Advisor Salary in Luxembourg By Organisation
- Financial Advisor Salary in Luxembourg By Regions
- Financial Advisor Salary in Luxembourg By Positions
- FAQs
What is the Average Financial Advisor Salary in Luxembourg?
In Luxembourg, the average annual salary for a Financial Advisor is EUR 112,600, which translates to an average monthly income of EUR 9,383. The salary range varies significantly based on experience and position, with entry-level advisors earning a minimum of EUR 57,360 per year (EUR 4,780 per month). On the other hand, experienced or senior Financial Advisors can earn as much as EUR 176,800 annually, equating to a monthly salary of EUR 14,733. This competitive salary reflects Luxembourg’s status as a financial hub, offering opportunities for advisors across a range of sectors, from banking to wealth management.
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Financial Advisor Salary in Luxembourg By Experience Level
Financial advisor salaries in Luxembourg vary based on experience level. Here’s a general breakdown of average salary by level of work experience:
Years Of Experience | Average Salary Per Year |
0-2 Years | EUR 66,480 |
2-5 Years | EUR 85,020 |
5-10 Years | EUR 116,380 |
10-15 Years | EUR 146,200 |
15-20 Years | EUR 154,700 |
20+ Years | EUR 164,200 |
Financial Advisor Salary in Luxembourg By Education Level
Financial advisor salaries in Luxembourg vary based on education level. Here’s a general breakdown of average salary by level of education:
Education Level | Average Salary Per Year |
Certificate or Diploma | EUR 85,020 |
Bachelor’s Degree | EUR 115,560 |
Master’s Degree | EUR 172,200 |
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Financial Advisor Salary in Luxembourg By Organisation
In Luxembourg, the salary of a Financial Advisor can vary based on the employing organization. Here’s an overview:
Organisations | Average Salary Per Year |
KPMG | EUR 30,000- EUR 48,000 |
EY | EUR 43,000- EUR 60,000 |
PwC | EUR 48,000- EUR 70,000 |
BDO | EUR 32,000- EUR 42,000 |
European Commission | EUR 69,000- EUR 75,000 |
Credit Suisse | EUR 20,000- EUR 30,000 |
ARKET | EUR 22.000- EUR 30,000 |
Luxembourg City Bank | EUR 45,000- EUR 80,000 |
Financial Advisor Salary in Luxembourg By Regions
Financial advisor salaries in Luxembourg vary based on region. Here’s a general breakdown of average salary by different location near Luxembourg:
Regions | Average Salary Per Year |
Luxembourg City | EUR 91,000 |
Diekirch | EUR 51,000 |
Differdange | EUR 57,000 |
Dudelange | EUR 52,000 |
Esch-sur-Alzette | EUR 47,000 |
Grevenmacher | EUR 51,000 |
Rumelange | EUR 53,000 |
Ettelbruck | EUR 54,000 |
Financial Advisor Salary in Luxembourg By Positions
In Luxembourg, the salary of a Financial Advisor varies based on position. Here’s a general overview of average salary by different job roles:
Positions | Average Salary Per Year |
Account Executive | EUR 55,020 |
Accountant | EUR 42,400 |
Assistant Accountant | EUR 31,960 |
Auditing Manager | EUR 89,800 |
Billing Clerk | EUR 34,240 |
Cash Management Manager | EUR 85,460 |
Cost Analyst | EUR 70,940 |
Credit and Collection Manager | EUR 80,800 |
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FAQs
In the Luxembourg region, the typical annual compensation for a finance professional is €60,000, with an estimated total compensation of €65,700.
A Senior Advisor at KPMG can expect to make between €46K and €58K annually, which includes base pay and other benefits. At KPMG, a Senior Advisor’s basic pay averages €47K annually. The average annual bonus is €2,000, which may come in the form of cash bonuses, stock, commissions, profit-sharing, or tips.
Here is the list of some Top In-Demand Occupations in Luxembourg
Finance and Banking.
Information Technology (IT)
Legal and Compliance.
Engineering.
Healthcare.
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