Bringing in the most money are Information Technology Managers — their earnings average $98K per year. Financial Advisors are a close second at $65K along with Registered Client Service Associates (about $50K) and Office Managers (around $47K). Financial compensation for Registered Sales Assistants is rather low — on average only approximately $35K — relative to the rest of the company.
When it comes to location, the highest average paycheck ($89K annually) can be spotted in Denver, Colo.; Seattle, Wash. (around $74K), Tampa, Fla. ($67K), and the company's headquarter city of St. Petersburg, Fla. (approximately $52K) are the next top-paying cities. Green Bay, Wisc. is one of the lowest-paid cities, with earnings averaging $38K. U.S. pay levels are highest in the state of Colorado; salaries there average to about $89K per year.
Years of Experience
For those with five to nine years of experience, average earnings amount to $52K annually. When we consider tenure, a substantial portion of employees (41 percent) have been working for one to four years and make approximately $46K per year on average.
Certifications and Degrees
Certified Financial Planners are compensated at a much higher rate than non-authorized workers, bringing in close to $86K annually. Becoming an Uniform Investment Adviser Law Examination - can certainly pay off here; those folks make $76K on average. Raymond James & Associates, Inc. compensates Master of Business Administration (MBA)-holders the most at around $64K per year.
In this position, it pays to have Financial Modeling in your toolkit; employees who claim proficiency enjoy a higher median salary of $70K annually. A garden variety skill at Raymond James & Associates, Inc. is Microsoft Excel; slightly less than a fourth of Raymond James & Associates, Inc.'s people use it regularly. Key skills also include Customer Relationship Management, Customer Service, and Microsoft Office.
Benefits and Perks
Company benefits — namely paid time off for both vacation and sick leave — are received by just 31 percent. Almost all employees take advantage of the 401(k) plan that Raymond James & Associates, Inc. sponsors. A strong majority of employees report having health insurance, and a majority of respondents report having dental coverage. The company also dishes out perks such as a stock purchase plan, tuition reimbursement, life insurance, and flexible hours.