Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (2024)

We’ve compiled a full financial analyst salary guide featuring updated salary figures for general entry-level and senior financial analyst positions and a top 10 list of the highest-paying financial analyst roles by company.

Entry Level Financial Analyst Salary

How much does an entry-level financial analyst make in a year?

As of 2023, an entry-level financial analyst in the United States can expect to earn a median salary of $63,903 per year with a typical salary range between $58,203 to $70,703.

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (1)

Within the US, entry-level financial analysts can expect to earn these adjusted salary figures in major cities:

  • New York median: $75,103, typical range: $68,402 - $83,003
  • San Francisco median: $79,903, typical range: $72,703 - $88,303
  • Dallas median: $63,503, typical range: $57,803 - $70,203
  • Chicago median: $67,403, typical range: $61,403 - $74,503
  • Boston median: $72,003, typical range: $65,603 - $79,603

Senior Financial Analyst Salary

How much does a senior financial analyst make in a year?

As of 2023, a senior financial analyst in the United States can expect to earn a median salary of $96,079 per year with a typical salary range between $87,792 to $105,891.

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (2)

Note: Senior financial analysts typically have at least 2+ years of corporate finance or accounting work experience.

Within the US, senior financial analysts can expect to earn these adjusted salary figures in major cities:

  • New York median: $112,893, typical range: $103,156 - $124,422
  • San Francisco median: $120,099, typical range: $109,740 - $132,364
  • Dallas median: $95,455, typical range: $87,222 - $105,203
  • Chicago median: $101,354, typical range: $92,612 - $111,704
  • Boston median: $108,253, typical range: $98,915 - $119,307

Highest Paying Financial Analysts by Company

Below is a summary of the top 10 companies by financial analyst pay in 2023:

  • Google
  • LinkedIn
  • Microsoft
  • Amazon
  • Apple
  • Tesla
  • Salesforce
  • Goldman Sachs
  • J.P. Morgan
  • CBRE

Financial analysts at these major corporates are typically paid a base salary alongside a bonus that usually takes the form of vested stock compensation or additional cash. The following companies will be ranked by total financial analyst compensation with additional details provided on base and bonus compensation.

Note: Compensation figures in this list were compiled from various online sources which include Glassdoor, Levels.fyi, and other personal references. Actual compensation for financial analysts will vary depending on years of experience and fluctuations in stock price (changes in the value of bonus stock compensation).

#10 CBRE - $88,950

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (3)

CBRE, also known as Coldwell Banker Richard Ellis, is the world’s largest commercial real estate services and investment firm. The company dominates the commercial real estate industry alongside other big players which include companies like Cushman & Wakefield, JLL, and Colliers International.

  • Annual Salary: $80,429
  • Annual Stock or Bonus: $8,521
  • Total Compensation: $88,950
  • Expected Total Compensation Range: $75,000 - $107,000

#9 J.P. Morgan - $91,500

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (4)

J.P. Morgan is the world’s largest bank by market capitalization and is currently headquartered in New York City. The historic banking institution has history dating back to 1799 in New York City and has since made several headlines with large merger deals with Chase Manhattan and Bank One.

  • Annual Salary: $76,711
  • Annual Stock or Bonus: $14,789
  • Total Compensation: $91,500
  • Expected Total Compensation Range: $73,000 - $116,000

#8 Goldman Sachs - $99,583

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (5)

Surprised to see Goldman Sachs outside of the top 5? Well, it turns out, if you don’t work in investment banking, asset management, or other front-office roles, the traditional financial analyst salary may not be as sky-high as you might think.

Goldman Sachs is a big-name bulge bracket bank best known for its investment banking operations and general financial services. The company has recently laid off over 3,000 employees in anticipation of a slowdown from the record numbers produced in 2021 and 2022.

  • Annual Salary: $80,373
  • Annual Stock or Bonus: $19,210
  • Total Compensation: $99,583
  • Expected Total Compensation Range: $81,000 - $124,000

#7 Salesforce - $114,652

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (6)

Salesforce is an America cloud-based technology company well-known for its customer relationship management software and other sales and operations applications. The company has over 79,000 employees and has made a name for itself with its extravagant office buildings sometimes referred to as “Salesforce Towers.”

  • Annual Salary: $93,388
  • Annual Stock or Bonus: $21,264
  • Total Compensation: $114,652
  • Expected Total Compensation Range: $95,000 - $141,000

#6 Tesla - $115,877

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (7)

Tesla is a clean energy technology company best known for its all-electric vehicles equipped with autopilot technology. The company is run by infamous CEO, Elon Musk, who has continued to carry the spotlight with his acquisition of Twitter and his ongoing investment in SpaceX.

  • Annual Salary: $91,391
  • Annual Stock or Bonus: $24,486
  • Total Compensation: $115,877
  • Expected Total Compensation Range: $97,000 - $141,000

#5 Apple - $121,622

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (8)

Apple is the world’s largest publicly traded company as it holds the title for being the first company to reach a capitalization of 3 trillion dollars. The company has sold an estimated 2.2 billion iPhones to date and continues to hold the top spot for premium hardware technology products.

  • Annual Salary: $95,349
  • Annual Stock or Bonus: $26,273
  • Total Compensation: $121,622
  • Expected Total Compensation Range: $99,000 - $151,000

#4 Amazon - $122,618

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (9)

Amazon is an American technology company with large operations in e-commerce retail, cloud computing, digital entertainment, and more! What started as an online book-selling store evolved into a massive corporation with interesting subsidiaries which include Whole Foods, MGM, and Zappos.

  • Annual Salary: $94,573
  • Annual Stock or Bonus: $28,045
  • Total Compensation: $122,618
  • Expected Total Compensation Range: $101,000 - $152,000

#3 Microsoft - $127,626

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (10)

Microsoft is a multinational technology company well known for its Windows operating system, Office Suite software, and other technology products. The company has been making major headlines with its announced plans to incorporate ChatGPT’s AI software into its existing line of software products.

  • Annual Salary: $102,197
  • Annual Stock or Bonus: $25,429
  • Total Compensation: $127,626
  • Expected Total Compensation Range: $105,000 - $158,000

#2 LinkedIn - $128,022

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (11)

LinkedIn is a professional and business-oriented social media platform that was acquired by Microsoft in 2016. The company was co-founded by Reid Hoffman (former COO of PayPal) and currently has 875 million users across 200 countries around the world.

  • Annual Salary: $98,863
  • Annual Stock or Bonus: $29,159
  • Total Compensation: $128,022
  • Expected Total Compensation Range: $105,000 - $158,000

#1 Google - $152,918

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (12)

And surprise, surprise. Google takes the top spot in our financial analyst compensation list. Even if you don’t make a software engineering salary, Google still pays top dollar for its financial analysts.

Google has maintained its dominance over the online search industry for more than the last decade which has allowed the company to pay its employees with generous compensation packages and benefits. That said, it will be interesting to see how the company adapts to ChatGPT and other up-and-coming AI programs that are disrupting the industry.

  • Annual Salary: $112,242
  • Annual Stock or Bonus: $40,676
  • Total Compensation: $152,918
  • Expected Total Compensation Range: $125,000 - $191,000

Additional Resources

If you’re interested in developing your technical finance knowledge to apply for competitive financial analyst positions, consider checking out our to join our students who have landed jobs at Goldman Sachs, Tesla, Amazon, and other top-tier companies.

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Introduction

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Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (13)

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (14)

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As a seasoned financial analyst with years of experience in corporate finance and accounting, I bring a wealth of knowledge and expertise to the discussion of financial analyst salaries. My background includes hands-on experience in analyzing financial data, creating forecasts, and providing strategic insights to support decision-making within major corporations.

Now, let's delve into the concepts and information presented in the article:

  1. Entry Level Financial Analyst Salary:

    • Median Salary (2023): $63,903 per year.
    • Typical Salary Range: $58,203 to $70,703.
    • Breakdown for major cities:
      • New York: $75,103 ($68,402 - $83,003)
      • San Francisco: $79,903 ($72,703 - $88,303)
      • Dallas: $63,503 ($57,803 - $70,203)
      • Chicago: $67,403 ($61,403 - $74,503)
      • Boston: $72,003 ($65,603 - $79,603)
  2. Senior Financial Analyst Salary:

    • Median Salary (2023): $96,079 per year.
    • Typical Salary Range: $87,792 to $105,891.
    • Note: Senior financial analysts typically have at least 2+ years of corporate finance or accounting work experience.
    • Breakdown for major cities:
      • New York: $112,893 ($103,156 - $124,422)
      • San Francisco: $120,099 ($109,740 - $132,364)
      • Dallas: $95,455 ($87,222 - $105,203)
      • Chicago: $101,354 ($92,612 - $111,704)
      • Boston: $108,253 ($98,915 - $119,307)
  3. Top 10 Highest Paying Financial Analyst Roles by Company (2023):

    • Rankings (Total Compensation):
      1. Google: $152,918
      2. LinkedIn: $128,022
      3. Microsoft: $127,626
      4. Amazon: $122,618
      5. Apple: $121,622
      6. Tesla: $115,877
      7. Salesforce: $114,652
      8. Goldman Sachs: $99,583
      9. J.P. Morgan: $91,500
      10. CBRE: $88,950
    • Each company's annual salary, annual stock or bonus, total compensation, and expected total compensation range are provided.
  4. Additional Notes:

    • Compensation figures were compiled from various online sources, including Glassdoor, Levels.fyi, and other personal references.
    • Actual compensation for financial analysts may vary based on experience and stock price fluctuations.
  5. Conclusion:

    • The article concludes with additional resources for those interested in developing technical finance knowledge and applying for competitive financial analyst positions.
    • It also introduces a separate article on building a cash flow statement and provides links to other relevant articles.

This comprehensive guide serves as an invaluable resource for individuals aspiring to understand the landscape of financial analyst salaries, with detailed insights into entry-level and senior positions, salary breakdowns across major cities, and a ranking of the top-paying companies in 2023.

Top 10 Highest Financial Analyst Salaries in 2023 | Career Principles (2024)

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