Merrill Lynch & Co Inc, Edward Jones Investments, J.P. Morgan Chase & Co. (JPMCC), Edward Jones, and Ameriprise Financial, Inc. are all popular places to work. The biggest paychecks can be found at J.P. Morgan Chase & Co. (JPMCC)—the median salary there is $72,092; however, employees are subject to a wide range in pay, with salaries starting at only $29K and climbing to $126K. Other leaders in compensation levels are Wells Fargo & Co. at $56,500, Merrill Lynch & Co Inc at $55,573, and Wells Fargo Advisors Financial Network, LLC, where Entry-Level Financial Advisors annually earn $48,595.
Edward Jones Investments offers the smallest salaries in town—$44,621 on average—but the considerable range in workers' salaries (stretching from $28K to $82K) creates a rather varied pay scale. Others at the bottom of the scale for this job include AXA Advisors LLC at $45,000, and Ameriprise Financial, Inc. where $45,719 is the norm, but it is worth noting that some Entry-Level Financial Advisors there earn up to $70K.