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Financial Advisor Salary at Merrill Lynch & Co Inc

The average pay for a Financial Advisor at Merrill Lynch & Co Inc is $49,862 per year. The skills that increase pay for this job the most are Portfolio Management, Investment Management, and Investment Planning. Experience strongly influences income for this job. Most people move on to other jobs if they have more than 20 years' experience in this field.
$33,249 - $243,918
(Median)
$33K
$50K
$240K
MEDIAN: $49,861
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
$33,249 - $243,918  
   
Bonus
$0.00 - $30,710  
Profit Sharing
$4,250 - $18,500  
Commission
$5,000 - $305,209  
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).
)
$39,362 - $319,794  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 85
United States (change)

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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.

Experience Affects Financial Advisor at Merrill Lynch & Co Inc Salaries

Late-Career
up arrow 228%

Experienced
up arrow 142%

Mid-Career
up arrow 4%

National Average
$68,000


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

Portfolio Management
up arrow 125%

Investment Management
up arrow 122%

Investment Planning
up arrow 120%

Financial Advisor
up arrow 10%

National Average
$68,000

Sales
up arrow 17%

Customer Relationship Management (CRM)
up arrow 23%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 29 votes.

Gender

Female
22 %
Male
78 %

Years of Experience

Less than 1 year
9%
1-4 years
42%
5-9 years
20%
10-19 years
20%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 80%
vision benefits Vision: 65% employee benefits None: 7%