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Careersβ€ΊRolesβ€ΊJunior Financial Consultant
Junior

Junior Financial Consultant

An entry-level consultant supporting client financial engagements β€” working under senior consultants on advisory, transaction, or operational finance projects. The starting tier in finance consulting careers, with broad early-career exposure.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
E
C
S
I
A
R
Enterprisingleading, persuading
Conventionalorganizing, detail-oriented
Based on Holland Code framework
Industries that often hire Junior Financial Consultants
Administrative ServicesEnergy & UtilitiesWholesale & DistributionFinancial Services Β· 94%Professional Services Β· 3%Healthcare Β· 1%
Job markets for Junior Financial Consultants
Where Junior Financial Consultant jobs concentrate Β· ~334 metro areas
Based on employment in related occupations
Mapped SOC categories:
Finance
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers
What it's like

What it's like to be a Junior Financial Consultant

Most days tend to involve engagement work under senior supervision β€” research, analysis, model-building, document preparation, and the steady client-facing deliverables that consulting engagements produce. You'll often spend time on-site or via client video meetings, support senior consultants on specific workstreams, and present findings in junior-appropriate forums. Engagement cycles drive the rhythm.

The variance between settings is real β€” Big Four advisory practices run structured rotational programs with deep practice specialization (M&A, restructuring, performance improvement); mid-tier consulting firms offer earlier client exposure and broader scope; boutique financial consultancies provide niche depth; independent consultants offer flexibility but less structured development. Travel and utilization targets define junior consultant rhythms.

People who tend to thrive here are comfortable with client-facing work, capable of structured analysis under deadline pressure, and willing to put in the hours that consulting demands. CFA, CPA, MBA candidacy or progress matter alongside specialty focus. The work tends to offer broad exposure, fast skill development, and a clear ladder toward senior consultant and manager roles, with the trade-off being the utilization-and-travel demands β€” for those drawn to project variety, the pace can be energizing.

What people in this role value
IndependenceAbove avg
AchievementAbove avg
Working ConditionsModerate
RecognitionModerate
RelationshipsModerate
SupportLower
O*NET Work Values survey
✦ Editorial β€” written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape β€” and where it can take you.

Earning potential across this track
$239K$179K$119K$60K$0KLower paying386 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Energy & Utilities$94K+10%
Technology & Information$94K+9%
Professional Services$92K+7%
Financial Services$83K-3%
Government$82K-4%
Compared to Finance average across all industries
1 BLS OEWS May 2024 covers all Junior Financial Consultants (SOC 13-2052.00), not just this title Β· BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Related rolesExplore Finance β†’
Junior Financial ConsultantAccount CoordinatorJunior Financial AgentJunior Financial AdvisorJunior Financial PlannerJunior Finance ConsultantJunior Financial CounselorJunior Financial Life PlannerJunior Personal Financial AdvisorJunior Personal Financial PlannerJunior Financial Advisor AssociateJunior Financial Solutions AdvisorJunior Patient Financial CounselorJunior Financial Investment AdviserJunior Financial Investment AdvisorJunior Personal Financial CounselorJunior Certified Financial Planner (cfp)Junior Financial Relationship ConsultantJunior Financial Retirement Plan Specialist
Exploring the Junior Financial Consultant career path? Truest helps you figure out if it's the right fit β€” and plan your path forward.
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✦ Editorial β€” career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape β€” helpful for context, but your specific experience will depend on level, specialty, and where you work.

$50K–$208K
Salary Range
10th – 90th percentile
270K
U.S. Employment
+9.6%
10yr Growth
24K
Annual Openings

How Junior Financial Consultant pay & employment are changing

$77K$74K$72K$69K$66K201920202021202220232024$66K$77K
BLS OEWS May 2024 Β· BLS Employment Projections 2024–2034

Skills & Requirements

Reading ComprehensionActive ListeningSpeakingWritingCritical ThinkingJudgment and Decision MakingComplex Problem SolvingService OrientationSocial PerceptivenessMathematics
O*NET OnLine Β· Bureau of Labor Statistics
Mapped SOC Codes
13-2052.00

Explore related roles

Roles with similar work and overlapping career paths

midFinancial Consultant$90KmidAsset Manager$142KmidPortfolio Manager$104KmidAsset Analyst$92KseniorSenior Asset Analyst$92KmidAccount Manager$114K
View all Finance roles β†’

Common questions about what it's like to be a Junior Financial Consultant

What does a Junior Financial Consultant do?

An entry-level consultant supporting client financial engagements β€” working under senior consultants on advisory, transaction, or operational finance projects. The starting tier in finance consulting careers, with broad early-career exposure.

How much does a Junior Financial Consultant make?

Median pay for a Junior Financial Consultant is about $102K nationally, with the field ranging roughly from $50K to $208K depending on experience, employer, and metro (BLS).

What skills does a Junior Financial Consultant need?

Core skills for this role include Reading Comprehension, Active Listening, Speaking, Writing, and Critical Thinking.

What education do you need to be a Junior Financial Consultant?

Most people in this role hold a bachelor's degree.

Is a Junior Financial Consultant in demand?

Employment in this field is projected to grow about 9.6% through 2034, with roughly 270,480 people working in it today (BLS).

What jobs are similar to a Junior Financial Consultant?

Closely related roles include Financial Consultant, Asset Manager, and Portfolio Manager.

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) Β· BLS Employment Projections Β· O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.