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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 $49,842 per year. The skills that increase pay for this job the most are Investment Planning, Investment Management, Portfolio Management, 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.

$33,855 - $275,000
(Median)
$34K
$50K
$280K
MEDIAN: $49,841
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$120K$240K$360K
Salary
$33,855 - $275,000  
   
Bonus
$0.00 - $30,826  
Profit Sharing
$507 - $205,156  
Commission
$10,067 - $304,102  
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).
)
$39,942 - $333,932  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 84

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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)

Experience Affects Financial Advisor at Merrill Lynch & Co Inc Salaries

Experienced
up arrow 274%

Late-Career
up arrow 220%

Mid-Career
up arrow 4%

National Average
$70,000


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

Investment Planning
up arrow 119%

Investment Management
up arrow 117%

Portfolio Management
up arrow 115%

Financial Advisor
up arrow 28%

National Average
$70,000

Sales
up arrow 19%

Customer Relationship Management (CRM)
up arrow 25%

Job Satisfaction

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

Gender

Female
19 %
Male
81 %

Years of Experience

Less than 1 year
11%
1-4 years
40%
5-9 years
20%
10-19 years
21%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 79%
vision benefits Vision: 65% employee benefits None: 9%