How much does a fractional CFO make?

The salary of a fractional CFO can vary depending on factors such as location, industry, and the scope of services provided. On average, a fractional CFO can earn anywhere from $150 to $500 per hour, with many charging flat fees or retainer-based rates for ongoing services. For businesses that opt for a more customized engagement, fractional CFOs may also work on a project basis, which can result in varying fees based on the specific needs of the company. In general, fractional CFOs provide a cost-effective solution for companies seeking high-level financial expertise without the full-time commitment of hiring a traditional CFO, making them a valuable resource for small to medium-sized businesses.

When calculating how much a fractional CFO can make annually, it typically depends on the number of clients they serve and the level of expertise they offer. A well-established fractional CFO with a strong portfolio of clients can earn anywhere from $100,000 to $300,000 per year, with some top professionals in the field earning even more. The flexibility of this role, coupled with the opportunity to work with multiple clients across various industries, allows fractional CFOs to scale their income based on demand and their professional reputation. As businesses continue to seek more affordable and scalable financial leadership, the demand for fractional CFO services is expected to rise, potentially increasing earning opportunities in the future.