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Average Salary for Merrill Lynch & Co Inc Employees

Change Country United States » Employer Name » Merrill Lynch & Co Inc Overview » Merrill Lynch & Co Inc Salary
Updated: 30 Aug 2014
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About This Company
Merrill Lynch & Co Inc
Headquarters:
250 Vesey Street
New York City, New York 10281
Year Established:
1914
Industries:
financial services, security brokers, dealers
Also Known As:
merrill lynch
About:
Merrill Lynch is the wealth management division of Bank of America. With over 15,000 financial advisors and $2.2 trillion in client assets, it is the world's largest brokerage. Formerly known as Merrill Lynch & Co., Inc., prior to 2009 the firm was publicly owned and traded on the New York Stock Exchange ...
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How This Employer Pays
Merrill Lynch & Co Inc typically pays its employees
3%
above market
Similar employers pay their employees:
5%
above market
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 48 Merrill Lynch & Co Inc votes.
national salary data
Employer: Merrill Lynch & Co Inc
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$180K$360K$540K
[-]Financial Advisor (37)
$48,132 - $505,317  
   
[-]Financial Advisor (37)
Salary$32,821 - $358,405  
   
Bonus$0.00 - $48,479  
Commission$5,106 - $528,506  
Profit Disbursement$1,130 - $19,508  
Total Pay$48,132 - $505,317  
[+]Registered Client Associate (22)
$39,213 - $69,730  
   
[+]Registered Client Associate (22)
Salary$36,703 - $61,825  
   
Bonus$-0.50 - $14,899  
Total Pay$39,213 - $69,730  
[+]Administrative Assistant (5)
$28,891 - $64,873  
   
[+]Administrative Assistant (5)
Salary$28,641 - $60,832  
   
Bonus$475.04 - $7,817  
Total Pay$28,891 - $64,873  
[+]Client Services Associate (5)
$24,551 - $57,528  
   
[+]Client Services Associate (5)
Salary$29,911 - $51,055  
   
Total Pay$24,551 - $57,528  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
PayScale
Country: United States | Currency: USD | Updated: 30 Aug 2014 | Individuals Reporting: 167

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Job Satisfaction (?
XThe job satisfaction faces show how satisfied employees are with their job at a particular employer, relative to other employers. For example, when all five faces appear smiling, that doesn't mean all employees at that employer are "Extremely satisfied," but it does mean a significant majority are "Extremely satisfied" compared to workers at other employers.
)
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Extremely satisfied
Somewhat satisfied Image
Somewhat satisfied
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Highly satisfied
Typical Benefits Healthcare BenefitsDental BenefitsVision Benefits Healthcare BenefitsDental BenefitsVision Benefits Healthcare BenefitsDental BenefitsVision Benefits
Popular Perks 401(k), Paid holidays & vacation, Life insurance / disability 401(k), Paid holidays & vacation 401(k), Paid holidays & vacation, Life insurance / disability

alumni
Key Statistics for Merrill Lynch & Co Inc

Gender
Female
43%
female alumni
 
Male
57%
male alumni
Salary:$41,004 - $74,728 $48,921 - $101,523
Years of Experience
Less than 1 year
4%
1-4 years
36%
5-9 years
24%
10-19 years
25%
20 years or more
11%
Top Degrees
Bachelor's Degree
57 salaries
$39,197 - $99,202
Master of Business Administration (MBA)
13 salaries
$39,156 - $126,045
Bachelor of Arts (BA), Economics
8 salaries
$40,521 - $98,264
Master of Business Administration (MBA), Finance
6 salaries
$58,958 - $105,806
Bachelor of Science (BS / BSc), Finance
6 salaries
$40,337 - $91,563

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