Financial Advisor Salary at Merrill Lynch & Co Inc

The average pay for a Financial Advisor at Merrill Lynch & Co Inc is $49,666 per year. The skills that increase pay for this job the most are Investment Management, Portfolio Management, and Investment Planning. Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience. Most people with this job move on to other positions after 20 years in this field.

$34,096 - $250,000
(Median)
$34K
$50K
$250K
MEDIAN: $49,666
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$110K$220K$330K
Salary
$34,096 - $250,000  
   
Bonus
$0.00 - $30,868  
Profit Sharing
$507 - $205,156  
Commission
$5,128 - $303,042  
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).
)
$40,256 - $326,467  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 89
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Pay by Experience Level for Financial Advisor at Merrill Lynch & Co Inc

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

United States (change)

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Experience Affects Financial Advisor at Merrill Lynch & Co Inc Salaries

Experienced
up arrow 287%

Late-Career
up arrow 231%

Mid-Career
up arrow 11%

National Average
$67,000


Skills That Affect Financial Advisor at Merrill Lynch & Co Inc Salaries

Investment Management
up arrow 100%

Portfolio Management
up arrow 46%

Investment Planning
up arrow 11%

Financial Advisor
up arrow 5%

National Average
$67,000

Sales
up arrow 16%

Customer Relationship Management (CRM)
up arrow 25%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.

Gender

Female
24 %
Male
76 %

Years of Experience

Less than 1 year
9%
1-4 years
46%
5-9 years
18%
10-19 years
20%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 76%
vision benefits Vision: 64% employee benefits None: 8%
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