Average Personal Financial Advisor Salary in Tirana, Albania for 2025
In this article, we will look at the average Personal Financial Advisor salary for 2025 in Tirana and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!
The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.
All salary information is in the local currency, which is the Albanian lek. To keep things simple, we are using the ALL currency code instead of the currency symbol L.
How Much Does a Personal Financial Advisor Make in Tirana?
A Personal Financial Advisor working in Tirana will typically earn around 1,405,700 ALL per year, and this can range from the lowest average salary of about 646,600 ALL to the highest average salary of 2,242,500 ALL.
These are average salaries for a Personal Financial Advisor in Tirana and include benefits such as housing and transport. It's also possible for a Personal Financial Advisor to earn more or less than the average salaries shown above.
Personal Financial Advisor salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.
Distribution of Personal Financial Advisor Salaries in Tirana
So we've looked at the average salaries a Personal Financial Advisor will earn in Tirana. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a Personal Financial Advisor can earn between 646,600 ALL and 2,242,500 ALL on average in Tirana. This is known as the range in statistics.
The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.
Median salary
The median salary for a Personal Financial Advisor in Tirana is 1,524,300 ALL. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 1,524,300 ALL, and 50% of the population earn more than 1,524,300 ALL.
If you are earning more than the median salary, that's a good indicator that you are being paid well.
If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).
Percentiles
Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.
For the average Personal Financial Advisor salary in Tirana, 25% of the population are earning less than 975,700 ALL while 75% of the population earn more than 975,700 ALL.
75% of the population earn less than 2,026,800 ALL, and 25% of the population earn more than 2,026,800 ALL.
Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.
The difference between a median and an average salary
The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.
- If your salary is higher than the average and the median salary, you are earning well compared to others.
- If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
- If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.
Personal Financial Advisor Salary by Experience Level in Tirana
The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.
We have researched the average Personal Financial Advisor salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.
- 0 - 2 Years Experience. A Personal Financial Advisor in Tirana that has less than two years of experience can expect to earn somewhere in the region of 736,700 ALL.
- 2 - 5 Years Experience. With two to five years of experience the average Personal Financial Advisor salary would increase to 983,100 ALL.
- 5 - 10 Years Experience. From five to ten years of experience as a Personal Financial Advisor, the average salary would be 1,450,700 ALL.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,765,300 ALL.
- 15 - 20 Years Experience. A Personal Financial Advisor with 15 to 20 years of experience can earn an average of 1,930,500 ALL.
- 20+ Years Experience. For a Personal Financial Advisor with more than 20 years, the expected average salary increases to 2,086,500 ALL.
Average Salary by Experience Chart
| 0-2 Years | - | 736,700 ALL |
| 2-5 Years | +34% | 983,100 ALL |
| 5-10 Years | +48% | 1,450,700 ALL |
| 10-15 Years | +22% | 1,765,300 ALL |
| 15-20 Years | +9% | 1,930,500 ALL |
| 20+ Years | +8% | 2,086,500 ALL |
Personal Financial Advisor Salary by Education Level in Tirana
As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?
In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.
The salary you can earn based on your education is very specific to both your location and the career path you choose.
In our research, we looked at the average salary for a Personal Financial Advisor in Tirana based on the education level of the employees in order to find out whether a better education level would increase your salary.
- High School. A Personal Financial Advisor in Tirana with a high school education can earn an average salary of 903,500 ALL.
- Certificate or Diploma. A Personal Financial Advisor in Tirana with a certificate or diploma education can earn an average salary of 1,062,500 ALL.
- Bachelor's Degree. A Personal Financial Advisor in Tirana with a bachelor's degree education can earn an average salary of 1,537,500 ALL.
- Master's Degree. A Personal Financial Advisor in Tirana with a master's degree education can earn an average salary of 2,015,600 ALL.
Average Salary by Education Chart
| High School | - | 903,500 ALL |
| Certificate or Diploma | +18% | 1,062,500 ALL |
| Bachelor's Degree | +45% | 1,537,500 ALL |
| Master's Degree | +31% | 2,015,600 ALL |
How Much is a Master's Degree or MBA Program?
The approximate cost of a master's degree or post-graduate program like an MBA in Albania is around 480,000 to 1,440,000 ALL and takes two years to complete.
As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.
It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.
Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.
Personal Financial Advisor Salary Compared by Gender
In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.
In Tirana, a male personal financial advisor will earn an average of 1,320,500 ALL, while a female personal financial advisor will earn around 1,192,400 ALL.
This means that a male personal financial advisor earns approximately 11% more than a female personal financial advisor for performing the same job.
Average Salary by Gender Chart in Tirana
| Male | - | 1,320,500 ALL |
| Female | -11% | 1,192,400 ALL |
Personal Financial Advisor Average Pay Raise in Tirana
In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.
From our research, we can see that the average pay raise for a Personal Financial Advisor in Tirana is around 7% every 29 months.
The national average pay raise across all professions and industries in Albania is around 4% every 29 months.
In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.
To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:
Annual Increase = ( Increase Rate ÷ Months ) × 12
So for this example, it would be:
Annual Increase = ( 7 ÷ 29 ) × 12 = 3%
What this means is that a Personal Financial Advisor in Tirana can expect to receive an average pay raise of around 3% every 12 months.
Annual Pay Raise by Industry in Tirana for 2025
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Albania.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
| Banking | - | 3% |
| Energy | - | 6% |
| Information Technology | - | 9% |
| Healthcare | - | 3% |
| Travel | - | 6% |
| Construction | - | 9% |
| Education | - | 3% |
Personal Financial Advisor Bonus and Incentive Rates in Tirana
Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.
Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.
A Personal Financial Advisor is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.
33% reported that they had not received any bonuses in the previous 12 months.
For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.
| Received Bonus | - | 67% |
| No Bonus | - | 33% |
What are the Types of Bonus?
There are a number of difference types of bonus you can receive in a job. Including:
- Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
- Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
- Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
- Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.
Government vs Private Sector Salaries
Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.
Public sector employees in Albania earn approximately 14% more than private sector employees in the same role.
| Public Sector | - | 1,249,900 ALL |
| Private Sector | -14% | 1,097,500 ALL |
Salaries for Jobs Similar to a Personal Financial Advisor
In the table below, we have salary information for jobs that are similar to a Personal Financial Advisor in Tirana.
| Job Title | Category | Salary |
|---|---|---|
| Account Examiner | Accounting and Finance | 658,300 ALL |
| Account Executive | Accounting and Finance | 1,027,600 ALL |
| Accountant | Accounting and Finance | 862,400 ALL |
| Accounting Analyst | Accounting and Finance | 1,012,100 ALL |
| Accounting Assistant | Accounting and Finance | 679,200 ALL |
| Accounting Associate | Accounting and Finance | 627,900 ALL |
| Accounting Clerk | Accounting and Finance | 514,300 ALL |
| Accounting Coordinator | Accounting and Finance | 791,200 ALL |
| Accounting Head | Accounting and Finance | 1,632,100 ALL |
| Accounting Manager | Accounting and Finance | 1,716,600 ALL |
| Accounting Officer | Accounting and Finance | 615,000 ALL |
| Accounting Specialist | Accounting and Finance | 1,125,500 ALL |
| Accounting Supervisor | Accounting and Finance | 1,212,800 ALL |
| Accounting Technician | Accounting and Finance | 588,500 ALL |
| Accounting Unit Controller | Accounting and Finance | 1,380,400 ALL |
| Accounts Executive | Accounting and Finance | 1,125,300 ALL |
| Accounts Officer | Accounting and Finance | 652,200 ALL |
| Accounts Payable Assistant | Accounting and Finance | 696,700 ALL |
| Accounts Payable Associate | Accounting and Finance | 798,900 ALL |
| Accounts Payable Clerk | Accounting and Finance | 602,700 ALL |
| Accounts Payable Manager | Accounting and Finance | 1,606,100 ALL |
| Accounts Payable and Receivable Specialist | Accounting and Finance | 829,000 ALL |
| Accounts Receivable Administrator | Accounting and Finance | 1,224,800 ALL |
| Accounts Receivable Clerk | Accounting and Finance | 605,700 ALL |
| Accounts Receivable Financial Analyst | Accounting and Finance | 1,138,500 ALL |
| Accounts Receivable Manager | Accounting and Finance | 1,583,700 ALL |
| Accounts Receivable Team Leader | Accounting and Finance | 1,259,300 ALL |
| Assistant Accountant | Accounting and Finance | 653,200 ALL |
| Assistant Accounting Manager | Accounting and Finance | 1,547,500 ALL |
| Assistant Auditor | Accounting and Finance | 864,700 ALL |
| Assistant Corporate Controller | Accounting and Finance | 1,161,000 ALL |
| Assistant Finance Manager | Accounting and Finance | 1,800,200 ALL |
| Assistant Financial Controller | Accounting and Finance | 1,157,300 ALL |
| Audit Director | Accounting and Finance | 1,990,300 ALL |
| Audit Supervisor | Accounting and Finance | 1,510,400 ALL |
| Auditing Clerk | Accounting and Finance | 652,200 ALL |
| Auditing Manager | Accounting and Finance | 1,751,700 ALL |
| Billing Clerk | Accounting and Finance | 639,900 ALL |
| Billing Coordinator | Accounting and Finance | 767,400 ALL |
| Billing Specialist | Accounting and Finance | 864,900 ALL |
| Billing Supervisor | Accounting and Finance | 1,296,900 ALL |
| Bookkeeper | Accounting and Finance | 559,000 ALL |
| Bookkeeping Specialist | Accounting and Finance | 799,300 ALL |
| Budget Analyst | Accounting and Finance | 1,464,200 ALL |
| Budget Manager | Accounting and Finance | 1,765,300 ALL |
| Business Support Analyst | Accounting and Finance | 976,300 ALL |
| Capital Markets Associate | Accounting and Finance | 1,320,500 ALL |
| Cash Flow Analyst | Accounting and Finance | 1,296,900 ALL |
| Cash Management Manager | Accounting and Finance | 1,703,200 ALL |
| Cash Management Officer | Accounting and Finance | 990,700 ALL |
| Cashbook Clerk | Accounting and Finance | 552,400 ALL |
| Chartered Accountant | Accounting and Finance | 1,102,100 ALL |
| Chief Accountant | Accounting and Finance | 1,249,900 ALL |
| Collections Clerk | Accounting and Finance | 535,800 ALL |
| Collections Representative | Accounting and Finance | 739,500 ALL |
| Collections Specialist | Accounting and Finance | 896,700 ALL |
| Corporate Controller | Accounting and Finance | 1,283,600 ALL |
| Corporate Treasurer | Accounting and Finance | 1,678,300 ALL |
| Cost Accountant | Accounting and Finance | 829,000 ALL |
| Cost Accounting Manager | Accounting and Finance | 1,751,700 ALL |
| Cost Accounting Supervisor | Accounting and Finance | 1,391,600 ALL |
| Cost Analyst | Accounting and Finance | 1,405,700 ALL |
| Credit Controller | Accounting and Finance | 1,212,800 ALL |
| Credit Manager | Accounting and Finance | 1,846,200 ALL |
| Credit and Collection Manager | Accounting and Finance | 1,703,200 ALL |
| Credit and Collection Staff | Accounting and Finance | 623,200 ALL |
| Credit and Loans Officer | Accounting and Finance | 639,900 ALL |
| Debt Adviser | Accounting and Finance | 1,357,900 ALL |
| Debt Collector | Accounting and Finance | 663,100 ALL |
| Debtors Clerk | Accounting and Finance | 600,000 ALL |
| Debtors Controller | Accounting and Finance | 615,000 ALL |
| Deputy CFO | Accounting and Finance | 2,362,300 ALL |
| Deputy Head of Finance | Accounting and Finance | 2,374,400 ALL |
| Derivative Trader | Accounting and Finance | 1,510,400 ALL |
| Director of Finance | Accounting and Finance | 2,519,500 ALL |
| Economist | Accounting and Finance | 1,942,700 ALL |
| Equity Analyst | Accounting and Finance | 1,500,800 ALL |
| Escrow Assistant | Accounting and Finance | 721,600 ALL |
| Executive Accountant | Accounting and Finance | 960,900 ALL |
| External Auditor | Accounting and Finance | 1,182,800 ALL |
| Finance Administrator | Accounting and Finance | 1,006,300 ALL |
| Finance Analyst | Accounting and Finance | 1,594,500 ALL |
| Finance Associate | Accounting and Finance | 752,600 ALL |
| Finance Director | Accounting and Finance | 2,566,100 ALL |
| Finance Executive | Accounting and Finance | 1,788,300 ALL |
| Finance Licensing Clerk | Accounting and Finance | 596,800 ALL |
| Finance Licensing Manager | Accounting and Finance | 1,583,700 ALL |
| Finance Licensing Specialist | Accounting and Finance | 902,100 ALL |
| Finance Manager | Accounting and Finance | 2,435,600 ALL |
| Finance Officer | Accounting and Finance | 791,600 ALL |
| Finance President | Accounting and Finance | 2,423,000 ALL |
| Finance Relationship Manager | Accounting and Finance | 1,942,700 ALL |
| Finance Release Analyst | Accounting and Finance | 975,700 ALL |
| Finance Specialist | Accounting and Finance | 1,450,700 ALL |
| Finance Team Leader | Accounting and Finance | 1,980,600 ALL |
| Financial Accountant | Accounting and Finance | 823,400 ALL |
| Financial Actuary | Accounting and Finance | 1,357,900 ALL |
| Financial Administrator | Accounting and Finance | 1,357,900 ALL |
| Financial Advisor | Accounting and Finance | 1,583,700 ALL |
| Financial Analyst | Accounting and Finance | 1,510,400 ALL |
| Financial Applications Specialist | Accounting and Finance | 1,038,700 ALL |
| Financial Assistant | Accounting and Finance | 672,600 ALL |
| Financial Associate | Accounting and Finance | 679,200 ALL |
| Financial Associate | Accounting and Finance | 838,100 ALL |
| Financial Claims Analyst | Accounting and Finance | 1,172,900 ALL |
| Financial Claims Manager | Accounting and Finance | 1,560,800 ALL |
| Financial Claims Supervisor | Accounting and Finance | 1,450,700 ALL |
| Financial Clerk | Accounting and Finance | 643,400 ALL |
| Financial Commercial Analyst | Accounting and Finance | 1,273,300 ALL |
| Financial Compliance Analyst | Accounting and Finance | 1,345,400 ALL |
| Financial Consultant | Accounting and Finance | 1,159,900 ALL |
| Financial Controller | Accounting and Finance | 1,333,900 ALL |
| Financial Controller | Accounting and Finance | 1,417,600 ALL |
| Financial Coordinator | Accounting and Finance | 780,700 ALL |
| Financial Customer Service Manager | Accounting and Finance | 1,476,700 ALL |
| Financial Dealer and Broker | Accounting and Finance | 904,700 ALL |
| Financial Director | Accounting and Finance | 2,401,300 ALL |
| Financial Encoder | Accounting and Finance | 701,400 ALL |
| Financial Manager | Accounting and Finance | 2,254,400 ALL |
| Financial Manager | Accounting and Finance | 2,304,300 ALL |
| Financial Operations Manager | Accounting and Finance | 2,065,400 ALL |
| Financial Policy Analyst | Accounting and Finance | 1,306,100 ALL |
| Financial Project Manager | Accounting and Finance | 1,811,000 ALL |
| Financial Quantitative Analyst | Accounting and Finance | 1,450,700 ALL |
| Financial Reporting Consultant | Accounting and Finance | 1,198,300 ALL |
| Financial Reporting Manager | Accounting and Finance | 1,621,400 ALL |
| Financial Section Head | Accounting and Finance | 1,693,600 ALL |
| Financial Services Manager | Accounting and Finance | 2,100,900 ALL |
| Financial Services Sales Agent | Accounting and Finance | 934,900 ALL |
| Fixed Assets Administrator | Accounting and Finance | 840,100 ALL |
| Forensic Accountant | Accounting and Finance | 983,700 ALL |
| Fraud Detection Supervisor | Accounting and Finance | 996,600 ALL |
| Fraud Prevention Manager | Accounting and Finance | 1,655,500 ALL |
| Fund Accountant | Accounting and Finance | 778,900 ALL |
| Grants Coordinator | Accounting and Finance | 646,600 ALL |
| Group Financial Manager | Accounting and Finance | 2,543,000 ALL |
| Internal Auditor | Accounting and Finance | 1,132,900 ALL |
| Internal Control Adviser | Accounting and Finance | 1,273,300 ALL |
| Internal Control Officer | Accounting and Finance | 707,600 ALL |
| International Tax Director | Accounting and Finance | 1,990,300 ALL |
| Inventory Accountant | Accounting and Finance | 862,400 ALL |
| Investment Advisor | Accounting and Finance | 2,184,900 ALL |
| Investment Analyst | Accounting and Finance | 1,621,400 ALL |
| Investment Associate | Accounting and Finance | 1,476,700 ALL |
| Investment Broker | Accounting and Finance | 1,380,400 ALL |
| Investment Fund Manager | Accounting and Finance | 1,980,600 ALL |
| Investment Operations Manager | Accounting and Finance | 1,835,700 ALL |
| Investment Underwriter | Accounting and Finance | 754,900 ALL |
| Investor | Accounting and Finance | 1,094,000 ALL |
| Investor Relations Manager | Accounting and Finance | 1,716,600 ALL |
| KYC Team Leader | Accounting and Finance | 1,716,600 ALL |
| Loan Processor | Accounting and Finance | 695,400 ALL |
| Management Accountant | Accounting and Finance | 939,000 ALL |
| Management Economist | Accounting and Finance | 1,980,600 ALL |
| Paymaster | Accounting and Finance | 714,300 ALL |
| Payroll Administrator | Accounting and Finance | 1,099,800 ALL |
| Payroll Benefits Coordinator | Accounting and Finance | 890,100 ALL |
| Payroll Billing Manager | Accounting and Finance | 1,476,700 ALL |
| Payroll Clerk | Accounting and Finance | 728,500 ALL |
| Payroll Manager | Accounting and Finance | 1,537,500 ALL |
| Payroll Officer | Accounting and Finance | 707,700 ALL |
| Payroll Specialist | Accounting and Finance | 847,000 ALL |
| Payroll Supervisor | Accounting and Finance | 1,075,700 ALL |
| Pensions Administrator | Accounting and Finance | 899,900 ALL |
| Pricing Analyst | Accounting and Finance | 1,391,600 ALL |
| Private Equity Analyst | Accounting and Finance | 1,547,500 ALL |
| Project Accountant | Accounting and Finance | 943,800 ALL |
| Proposal Development Coordinator | Accounting and Finance | 757,300 ALL |
| Receivables Accountant | Accounting and Finance | 765,100 ALL |
| Regulatory Accountant | Accounting and Finance | 917,700 ALL |
| Retirement Plan Analyst | Accounting and Finance | 1,283,600 ALL |
| Revenue Management Specialist | Accounting and Finance | 1,345,400 ALL |
| Revenue Recognition Analyst | Accounting and Finance | 1,560,800 ALL |
| Risk Management Director | Accounting and Finance | 2,052,200 ALL |
| Risk Management Supervisor | Accounting and Finance | 1,693,600 ALL |
| Staff Accountant | Accounting and Finance | 844,100 ALL |
| Tax Accountant | Accounting and Finance | 800,200 ALL |
| Tax Administrator | Accounting and Finance | 934,900 ALL |
| Tax Advisor | Accounting and Finance | 1,320,500 ALL |
| Tax Analyst | Accounting and Finance | 1,333,900 ALL |
| Tax Associate | Accounting and Finance | 722,100 ALL |
| Tax Consultant | Accounting and Finance | 1,391,600 ALL |
| Tax Director | Accounting and Finance | 2,026,800 ALL |
| Tax Examiner | Accounting and Finance | 934,900 ALL |
| Tax Manager | Accounting and Finance | 1,751,700 ALL |
| Tax Research Manager | Accounting and Finance | 1,751,700 ALL |
| Teller | Accounting and Finance | 514,300 ALL |
| Treasury Accountant | Accounting and Finance | 884,700 ALL |
| Treasury Analyst | Accounting and Finance | 1,357,900 ALL |
| Underwriter | Accounting and Finance | 618,800 ALL |
| Underwriting Assistant | Accounting and Finance | 581,000 ALL |
| Vice President of Finance | Accounting and Finance | 2,221,600 ALL |
Salary Comparison by City
If you want to compare salaries with different cities in Albania, you can use the links below to explore the data for each specific city we have researched.
| City | Average Salary |
|---|---|
| Berat | 1,212,800 ALL |
| Durres | 1,333,900 ALL |
| Elbasan | 1,259,300 ALL |
| Fier | 1,320,500 ALL |
| Gjirokaster | 1,212,800 ALL |
| Korca | 1,249,900 ALL |
| Lezhe | 1,175,700 ALL |
| Sarande | 1,147,500 ALL |
| Shkodra | 1,249,900 ALL |
| Vlore | 1,273,300 ALL |
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