Financial Advisor Salary at Merrill Lynch & Co Inc

The average pay for a Financial Advisor at Merrill Lynch & Co Inc is $49,740 per year. The skills that increase pay for this job the most are Investment Management, Portfolio Management, Investment Planning, and Financial Advisor. 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.

$34,663 - $250,000

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$110K$220K$330K
Salary
$34,663 - $250,000  
   
Bonus
$0.00 - $30,861  
Profit Sharing
$507 - $205,156  
Commission
$5,087 - $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).
)
$40,705 - $326,467  
Country: United States | Currency: USD | Updated: 18 Jul 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.

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Experience Affects Financial Advisor at Merrill Lynch & Co Inc Salaries

Experienced
up arrow 310%

Late-Career
up arrow 266%

Mid-Career
up arrow 19%

National Average
$61,000


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

Investment Management
up arrow 121%

Portfolio Management
up arrow 61%

Investment Planning
up arrow 23%

Financial Advisor
up arrow 14%

National Average
$61,000

Sales
up arrow 8%

Customer Relationship Management (CRM)
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

Less than 1 year
10%
1-4 years
47%
5-9 years
17%
10-19 years
19%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 74%
vision benefits Vision: 62% employee benefits None: 7%
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