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Average Salary for Raymond James & Associates, Inc. Employees

Based in St. Petersburg, Fla.,investment banking sector player Raymond James & Associates, Inc. offers many employment opportunities, including Financial Advisor and Registered Sales Assistant positions. Compensation for Raymond James & Associates, Inc. employees tends to be around $53K per year. Geography is the biggest factor affecting pay for Raymond James & Associates, Inc. workers, followed by your experience level and your role at the company. This synopsis is derived from responses to the PayScale's salary survey.

How This Employer Pays

Raymond James & Associates, Inc. typically pays:
-1%
below market
Similar employers pay:
-3%
below market
Similar companies include:
Usaa Insurance
Employer: Raymond James & Associates, 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$50K$100K$150K
[-]Registered Client Service Associate (5)
$30,314 - $68,815  
   
[-]Registered Client Service Associate (5)
Salary$33,343 - $63,115  
   
Bonus$482.27 - $10,158  
Total Pay$30,314 - $68,815  
[+]Financial Advisor (5)
$27,173 - $128,843  
   
[+]Financial Advisor (5)
Salary$30,613 - $109,405  
   
Bonus$465.97 - $18,790  
Total Pay$27,173 - $128,843  
[+]Registered Sales Assistant (4)
$33,630 - $70,594  
   
[+]Registered Sales Assistant (4)
Salary$31,813 - $54,163  
   
Bonus$787 - $16,443  
Commission$3,639 - $24,367  
Total Pay$33,630 - $70,594  
[+]Operations Support Specialist (4)
$23,444 - $53,569  
   
[+]Operations Support Specialist (4)
Salary$24,599 - $51,245  
   
Bonus$165.64 - $7,182  
Total Pay$23,444 - $53,569  
 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.
)
Country: United States | Currency: USD | Updated: 21 Nov 2014 | Individuals Reporting: 107
United States (change)

About This Company

880 CARILLON PKWY
St. Petersburg, Florida 33716

1962

Investment banking

Raymond James & Associates, Raymond James and Associates, Raymond James Financial, Raymond James Financial Services, Inc., Raymond James Financial, Inc.


Freebase CC-BY Source: Freebase, licensed under CC-BY

Locations

When it comes to location, the highest average paycheck (about $89K annually) can be spotted in Denver; Tampa (around $68K), the company's headquarter city of St. Petersburg ($51K), and Los Angeles (approximately $50K) are the next top-paying cities. High paychecks are not found in Green Bay; in fact, at $27K it is one of the worst-paid cities. Across Raymond James & Associates, Inc.'s U.S. offices, employees in the state of Colorado earn the most, taking home $89K per year.

Years of Experience

Five to nine years of work experience seem to result in median wages of approximately $52K. When we consider tenure, a substantial portion of employees (40 percent) have been working for one to four years and make $44K annually.

Jobs

Typically, Financial Advisors are the best paid with salaries hovering at about $60K; Registered Client Service Associates, Sales Associates, and Compliance Specialists also rank near the top of the list, pulling in $47K, $45K, and around $42K, respectively. Earning only $30K, Operations Support Specialists make less than most people in the company.

Certifications and Degrees

Those lacking certification bring in much lower salaries than Certified Financial Planners, who make around $86K. Bigger paychecks are awarded to National Association of Security Dealers , Series 63 Licenses with credentials; these people typically earn $82K per year. The highest-paying degree here is a Master of Business Administration (MBA); Raymond James & Associates, Inc. awards $62K to these degree-holders.

Skills

Skill-wise, employees who report Financial Modeling as part of the toolkit report the most money, earning about $65K on average. A relatively widespread skill at Raymond James & Associates, Inc. is Microsoft Excel; just under one in five of employees use it for work. Employees also tend to round out their skills sets with Customer Service, Microsoft Office, and Customer Relationship Management.

Benefits and Perks

Company compensation for vacation days and sick leave is awarded to only one in three workers. The greater part of workers report contributing to a 401(k). Raymond James & Associates, Inc. provides health insurance to more than half of workers, and a majority of workers do receive dental coverage. Privileges also include a stock purchase plan, tuition reimbursement, life insurance, and flexible hours.

Key Stats for Raymond James & Associates, Inc.

Gender

Female
60 %
Male
40 %
Salary
$29,098 - $58,179
Salary
$38,438 - $76,319
Less than 1 year
3%
1-4 years
39%
5-9 years
21%
10-19 years
27%
20 years or more
10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 27 votes.

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