Registered Client Associate Salary

Median pay for Registered Client Associates in the United States is around $48K per year. In the world of Registered Client Associates, overall income ranges from $39K near the bottom to $72K at the top; this can include more than $16K from bonuses and more than $20K from profit sharing in exceptional cases. Residence is the main element affecting pay for this group — the company and tenure are driving factors as well. Men are in the minority of survey respondents, with female Registered Client Associates making up 72 percent. Medical benefits are awarded to a large number, and most earn dental coverage. Job satisfaction is high and work is enjoyable for most Registered Client Associates. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
Read More
$39,190 - $61,995
$39K
$48K
$62K
MEDIAN: $47,834
10%
50%
90%

Add this chart to your site: 640px    300px

$16.61 - $26.88
$17
$22
$27
MEDIAN: $21.64
10%
50%
90%

Add this chart to your site: 640px    300px

$0$72K
Salary $39,190 - $61,995
Bonus $1,011 - $16,203
Profit Sharing $725 - $19,866
Commission $750 - $25,490
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).
)
$38,749 - $72,464
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 202
Hourly Data $0$42
Hourly Rate $16.61 - $26.88
Hourly Tips $6.67
Overtime $0.00 - $42.35
Annual Data $0$72K
Bonus $1,011 - $16,203
Commission $750 - $25,490
Profit Sharing $725 - $19,866
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).
)
$38,749 - $72,464
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 74

Find Out Exactly What You Should Be Paid

United States (change)

Employers: 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

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

Common Career Paths for Registered Client Associate


Add this chart to your site:   640px 640px    300px 300px


For Registered Client Associates, career advancements do not tend to correlate with a rise in salary. On average, lower-level Registered Client Associates earn similar salaries to those in higher-end positions like Registered Client Service Associate.

Registered Client Associate Job Listings

Popular Employer Salaries for Registered Client Associate


Registered Client Associates flock to Merrill Lynch & Co Inc, Wells Fargo Advisors Financial Network, LLC, Wells Fargo & Co., RBC Wealth Management, and Royal Bank of Canada, highly regarded companies that employ a generous number of people in this profession. Royal Bank of Canada offers the highest compensation with a median salary of $77K.

Offering a median salary of only $48K, Wells Fargo Advisors Financial Network, LLC pays the least. Not only that, but the earnings range of $37K to $69K is pretty narrow, too.

Popular Skills for Registered Client Associate


Registered Client Associates typically list a handful of skills they use on the job. Those who have experience with Customer Service, Client Interaction, and Microsoft Excel can expect to be compensated well for these skills. Skills that seem to negatively impact pay include Microsoft Excel. Most people who know Client Interaction also know Microsoft Excel.

Pay by Experience Level for Registered Client Associate

Pay by Experience for a Registered Client Associate has a positive trend. An entry-level Registered Client Associate with less than 5 years of experience can expect to earn an average total compensation of $47,000 based on 121 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Registered Client Associate with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $57,000 based on 85 salaries. An experienced Registered Client Associate which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $54,000 based on 61 salaries. A Registered Client Associate with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $54,000 based on 28 salaries.

Pay Difference by Location

National Average: $52,219

Larger city markers indicate a job is popular in that location.

Washington is home to an above-average pay rate for Registered Client Associates, 53 percent higher than the national average. Registered Client Associates will also find cushy salaries in Los Angeles (+30 percent), San Francisco (+17 percent), Seattle (+17 percent), and Newport Beach (+5 percent). The lowest-paying market is Chicago, which sits 11 percent below the national average. Two other places where employers offer below-median salaries are Miami (6 percent less) and Atlanta (4 percent less).

Related Job Salaries

Key Stats for Registered Client Associate

Gender

Female
72 %
Male
28 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 57 votes.
Less than 1 year
4%
1-4 years
41%
5-9 years
27%
10-19 years
18%
20 years or more
9%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Registered Client Associate Salaries

▲9%

▲4%

▲4%

National Average
$52,000

▼11%

Skills That Affect Registered Client Associate Salaries


National Average
$52,000



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 57 votes.

Gender

Female
72 %
Male
28 %

Years of Experience

Less than 1 year
4%
1-4 years
41%
5-9 years
27%
10-19 years
18%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 81%
vision benefits
Vision: 76%
no benefits
None: 11%
ADVERTISEMENT