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Broker Assistant Salary

Earnings for Broker Assistants in the United States come in at around $42K annually on average. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Although approximately one in three lack health benefits of any kind, the larger part do enjoy medical insurance, and approximately one-half get dental coverage, too. Female Broker Assistants far outnumber their male contemporaries among survey respondents. Work is enjoyable for Broker Assistants, who typically claim high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$29,274 - $60,427
(Median)
$29K
$42K
$60K
MEDIAN: $42,463
10%
50%
90%

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$10.20 - $22.68
(Median)
$10
$15
$23
MEDIAN: $15.00
10%
50%
90%

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National Salary 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$21K$42K$63K
Salary
$29,274 - $60,427  
   
Bonus
$75.00 - $11,864  
Commission
$2,479 - $3,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,494 - $60,096  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 94
National Hourly Rate 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$13$26$39
Hourly Rate
$10.20 - $22.68  
   
Overtime
$0.00 - $37.55  
National Annualized 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$26K$52K$78K
Bonus
$75.00 - $11,864  
   
Commission
$2,479 - $3,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,494 - $60,096  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 42

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Job Description for Broker Assistant

Broker assistants perform a number of tasks in brokerage houses. Their responsibilities include managing petty cash accounts, maintaining hedge fund records, and maintaining office supplies. Additionally, they may perform a range of administrative tasks such as scheduling meetings, filing for expense reimbursement, and handle calls and emails to the office. A broker assistant often reports to the brokers in their organizations; occasionally, they may report to a higher-level professional such as the vice president.

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Broker Assistant Tasks

  • Assist with billing, compliance, and other processes.
  • Create templates and communication documents.
  • Answer and direct phones and emails.
  • Enter and analyze data, identifying discrepancies or missing data.
  • Answer questions and provide data when questions or problems arise.

Broker Assistant Job Listings

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Pay by Experience Level for Broker Assistant

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Survey participants with less than five years' experience pocket $37K on average, but those with five to 10 years of experience enjoy a much bigger median of $49K. On average, Broker Assistants make $52K following one to two decades on the job. Broker Assistants who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $47K.

Related Job Salaries

United States (change)

Experience Affects Broker Assistant Salaries

Experienced
up arrow 26%

Mid-Career
up arrow 19%

Late-Career
up arrow 15%

National Average
$41,000

Entry-Level
up arrow 9%

Job Satisfaction

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

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
9%
1-4 years
44%
5-9 years
16%
10-19 years
21%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 65% dental benefits Dental: 50%
vision benefits Vision: 40% employee benefits None: 33%