An Entry-Level Financial Advisor at Merrill Lynch & Co Inc earns an average salary of $50,111 per year. A skill in Sales is associated with high pay for this job.

$41,657 - $62,769
(Median)
$42K
$50K
$63K
MEDIAN: $50,111
10%
50%
90%

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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$50K$100K$150K
Salary
$41,657 - $62,769  
   
Bonus
$1,949 - $129,711  
Profit Sharing
$2,225  
Commission
$13,500  
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).
)
$42,291 - $144,259  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 33
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Skills That Affect Financial Advisor Salaries

Sales
up arrow 19%

National Average
$55,000

Portfolio Management
up arrow 4%

Financial Advisor
up arrow 5%

Customer Relationship Management (CRM)
up arrow 5%

Client Interaction
up arrow 5%

Investment Management
up arrow 9%

Investment Planning
up arrow 18%

Job Satisfaction

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

Gender

Female
36 %
Male
64 %

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 65%
medical benefits
Vision: 56%
dental benefits
None: 12%
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