This occupation has a moderate probability of automation.

58.0% probability

of automation

14.4% growth

projected to 2026

271,900 employed

currently in the US

$123,100 annual wage

US, median ($59.18 hourly)

What they do

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.

Risk of automation

This occupation is 58.0% likely to be automated. It ranks 324 of 702 occupations analyzed (higher rank means higher likelihood).

People affected and economic value

In the US, 271,900 people have this job. They earn $123,100 per year on average (the mean annual wage). The occupation therefore represents $33,470,890,000 in annual economic value. The mean hourly wage for this occupation is $59.18.

Official growth forecast

This occupation is projected to grow 14.4% between 2016 and 2026. At this rate, there would be 311,200 people with this job at that time.

References and notes

This article uses data from "The Future of Employment" (PDF), a 2013 study from University of Oxford researchers, and US Bureau of Labor Statistics files including Standard Occupational Classification 2010 Definitions (XLS), May 2016 Occupational Employment Statistics (zip) and 2016-2026 Employment Projections (XLS).