What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Registered Client Associate Salary

Registered Client Associates in the United States take home an average $45K annually. The final incomes of Registered Client Associates generally vary between $36K and $66K; higher pay grades include potential for bonuses, profit sharing, and commissions as high as $12K, $20K, and $19K, respectively. The most important factor affecting compensation for this group is geography, followed by the specific employer and experience level. Men are in the minority of survey respondents, with female Registered Client Associates making up 76 percent. Medical benefits are awarded to most, and a strong majority earn dental coverage. The majority of workers are highly satisfied with their job. The data for this snapshot was collected from individuals who took PayScale's salary survey.
Read More
$35,323 - $58,518
(Median)
$35K
$45K
$59K
MEDIAN: $44,773
10%
50%
90%

Add this chart to your site: 640px    300px

$14.77 - $24.86
(Median)
$15
$19
$25
MEDIAN: $19.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$22K$44K$66K
Salary
$35,323 - $58,518  
   
Bonus
$979 - $12,121  
Profit Sharing
$506 - $20,000  
Commission
$2,466 - $19,158  
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).
)
$36,252 - $65,632  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 275
National Hourly Rate 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$14$28$42
Hourly Rate
$14.77 - $24.86  
   
Overtime
$23.36 - $39.19  
National Annualized 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$28K$56K$84K
Bonus
$979 - $12,121  
   
Commission
$2,466 - $19,158  
Profit Sharing
$506 - $20,000  
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).
)
$36,252 - $65,632  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 70

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Registered Client Associate

A registered client associate holds a banking and investment sales and support position, offering information and assistance to subordinate financial advisers to help acquire new client investment portfolios and accounts. The tasks performed by registered client associate positions include sharing sales knowledge with customers and associates, supporting the administrative tasks of subordinate financial advisers, maintaining client account information, and lending assistance to subordinate financial advisers for special projects and urgent account tasks. They are also responsible for interacting with customers and associates in person, on the phone, and via e-mail, as well as opening new customer accounts and establishing new customer portfolios. Registered client associates also provide support for existing customer accounts and portfolios, as well as generate reports and data for accounts and portfolios.

Read More...

Registered Client Associate Tasks

  • Collect appropriate documentation to set up new accounts.
  • Educate clients on account services and capabilities.
  • Leverage various communication channels to keep in touch with clients.
  • Provide sales support to financial advisors.
  • Process account service requests and ensure appropriate documentation.

Registered Client Associate Job Listings

Search for more jobs:

Popular Employer Salaries for Registered Client Associate


Merrill Lynch & Co Inc, Wells Fargo Advisors Financial Network, LLC, RBC Wealth Management, Wells Fargo & Co., and Morgan Stanley are top-notch employers for Registered Client Associates in this area. The biggest paychecks can be found at Morgan Stanley — the median salary there is $58K.

Salaries are easily beat at Wells Fargo & Co., where median pay comes to just $46K, the lowest in the field. What's more, with base pay starting at $36K and ending at $61K, range in salary is rather small.

Popular Skills for Registered Client Associate


Just a handful of professional skills are reported by Registered Client Associates who took the survey. Those who have experience with Client Interaction, Customer Service, and Microsoft Excel can expect to be compensated well for these skills. Skills that are correlated to lower pay, on the other hand, include Microsoft Excel. Those educated in Client Interaction tend to be well versed in Microsoft Excel.

Pay by Experience Level for Registered Client Associate

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Salaries for the relatively untried average out to around $45K, but survey participants with five to 10 years of experience earn a significantly higher median of $51K. After working for 10 to 20 years, Registered Client Associates make a median salary of $53K. Registered Client Associates with more than 20 years of experience report incomes that are no higher than those with 10 to 20 years on the job.

Pay Difference by Location


For Registered Client Associates, working in the bustling city of New York has its advantages, including an above-average pay rate. Registered Client Associates will also find cushy salaries in San Francisco (+22 percent) and Los Angeles (+2 percent). The smallest paychecks in the market, 3 percent south of the national average, can be found in Atlanta.

Related Job Salaries

United States (change)

Experience Affects Registered Client Associate Salaries




National Average
$49,000


Skills That Affect Registered Client Associate Salaries

Client Interaction
up arrow 3%

Customer Service
up arrow 1%

National Average
$49,000

Microsoft Excel
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 80 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
3%
1-4 years
33%
5-9 years
26%
10-19 years
22%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 76%
vision benefits Vision: 70% employee benefits None: 13%
ADVERTISEMENT