Investment Advisor Assistant Salary
Investment Advisor Assistants in the United States can expect wages of $44K per year on average. Among survey respondents, women are more common than men; 83 percent of Investment Advisor Assistants are female. Just under one in three of professionals in this line of work do not receive benefits; however, the larger part report medical coverage and half claim dental coverage as well. The majority of Investment Advisor Assistants claim high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.
Job Description for Investment Advisor Assistant
Investment advisor assistants typically work independently in an office during regular business hours, and may occasionally work with co-workers and clients to ensure that their needs are met.Read More...
Basic organizational and computer skills are necessary in this position, and these assistants typically meet with their supervisor and upper management to receive feedback. They must be able to keep accurate and organized account records, make portfolios, make trade offers, and order appropriate items. They must also establish positive relations with their clients and maintain quality customer service, and close attention to detail is also important for success.
Investment advisor assistants must be able to multitask and maintain schedules while staying flexible, and employers generally require at least a four-year degree, five years of relevant experience, computer skills, a series 7 license, and at least two years of experience in financial operations.
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Pay by Experience Level for Investment Advisor Assistant
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Investment Advisor Assistants with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Relatively untried employees who have fewer than five years of experience earn around $41K on average. People who have worked for five to 10 years can expect a higher median salary of $42K. For Investment Advisor Assistants, 10 to 20 years of experience on the job amounts to an average salary of $46K. Investment Advisor Assistants who have stuck around for more than two decades see earnings that are no higher than those of folks who have worked for 10 to 20 years.
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