The data suggests the salary range of Chartered Financial Analysts from $34,906 - $116,703. The bonuses are from $1,454 - $41,217. The Profit sharing is from $23.49 - $28,118. This results in Total Pay ranging from $37,477 - $139,591.
Sample size of 151 individuals? And, this is from a random blogspot page? Anyone remember that dude on here about a year ago that kept asking us stupid survey type questions? This is probably where our responses ended up.
The snapshots were taken from www.payscale.com as of date 18/12/2011. They were just shared on the blog the actual source is payscale.com. I don’t have any solid grounds to form opinion about payscale.com. Just thought to share.
The highest paid CFA has at least one more comma than $140K max in that ‘data’. To be a Charterholder you have to have what, 4 years qualified work experience? Anybody with charter qualifying experience in the US that has been doing there work for 4 years making less than 60-70K / year would be an extreme outlier to me. Taking into account (my guess) that the average charterholder is probably more like 40 than 30, I’d guess average total comp of 200-250K (or more) with a median around 120K (in the US). Younger ones making less, some making 7-8 figures.
And to further discredit this study, any ‘research’ that lists CFA Charterholders with less than one or 1-4 years experience is instantly regarded as borderline worthless - as you can’t be awarded a charter without 4 years experience, this garbage becomes even more blatantly rubbish.