Financial Advisor vs Management Consultant salary
In Australia, a management consultant earns about 23% more than a financial advisor — $206,803 vs $167,941 per year.
Showing amounts in USD (USD default; source data is AUD). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies
Finance & Business
Financial Advisor$167,941/yr
- Monthly
- $14,018
- Hourly
- $81
- Range
- $92,368–$260,309
- 10-yr outlook
- +13%
Pays more
Finance & Business
Management Consultant$206,803/yr
- Monthly
- $17,210
- Hourly
- $99
- Range
- $113,742–$320,545
- 10-yr outlook
- +10%
Pay range, side by side
| Percentile | Financial Advisor | Management Consultant |
|---|---|---|
| Entry (10th) | $92,368 | $113,742 |
| 25th | $130,189 | $160,307 |
| Median | $167,941 | $206,803 |
| 75th | $214,160 | $263,709 |
| Senior (90th) | $260,309 | $320,545 |
National Australia figures in AUD. Individual pay varies with experience, employer, and location.
More Finance & Business comparisons
Frequently asked questions
- Does a financial advisor or management consultant earn more in Australia?
- A management consultant earns more, at about $298,000 per year vs $242,000 for a financial advisor — roughly 23% ($56,000) more.
- What is the salary range for these roles in Australia?
- A financial advisor typically earns $133,100–$375,100, while a management consultant earns $163,900–$461,900 per year.
- How much do these jobs pay per month in Australia?
- On a monthly basis before tax, a financial advisor averages about $20,200 and a management consultant about $24,800.
- How do entry-level salaries compare?
- At the 10th percentile in Australia, a financial advisor earns about $133,100 while a management consultant earns about $163,900 per year.
- How do senior-level salaries compare?
- At the 90th percentile in Australia, a financial advisor earns about $375,100 while a management consultant earns about $461,900 per year.
- Are financial advisor and management consultant similar careers?
- Both roles sit in the Finance & Business category on Pay by Role, which is why we compare them head-to-head. Day-to-day work still differs — review each job page for skills and outlook.