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Registered Client Associate Salary

Registered Client Associates earn around $44K per year on average in the United States, but employers pay the most in San Francisco, offering approximately $62K at the median. Registered Client Associates will also find cushy salaries in New York (+26 percent) and Miami (+2 percent). The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
$34,411 - $58,097
(Median)
34K
44K
51K
58K
MEDIAN: $44,240
10%
50%
75%
90%

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$14.71 - $24.98
(Median)
15
17
22
25
MEDIAN: $19.00
10%
25%
75%
90%

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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
$34,411 - $58,097  
   
Bonus
$715 - $12,344  
Profit Sharing
$506 - $20,000  
Commission
$2,424 - $18,788  
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).
)
$35,111 - $64,690  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 270
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$13$26$39
Hourly Rate
$14.71 - $24.98  
   
Overtime
$22.65 - $39.00  
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$26K$52K$78K
Bonus
$715 - $12,344  
   
Commission
$2,424 - $18,788  
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).
)
$35,111 - $64,690  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 65
United States (change)

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.

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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

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Popular Employer Salaries for Registered Client Associate


Registered Client Associates flock to Merrill Lynch & Co Inc for generous paychecks, where average earnings of $53K lead the pack in compensation; however, Merrill Lynch & Co Inc also provides employees with a wide spectrum of compensation ranging from $37K at one end to $66K at the other end.

Wells Fargo & Co. offers the lowest pay in the field with a median salary of just $48K. There's also little variation in pay at the company, with pay ranging from $39K to $60K.

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 Client Interaction, Customer Service, and Microsoft Excel can expect to be compensated well for these skills. Those proficient in Client Interaction are, more often than not, also skilled in Microsoft Excel.

Pay by Experience Level for Registered Client Associate

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


The average beginner in this position makes around $45K, but folks who have been around for five to 10 years see a markedly higher median salary of $51K. After working for 10 to 20 years, Registered Client Associates make a median salary of $51K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $52K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

Related Job Salaries

Experience Affects Registered Client Associate Salaries




National Average
$48,000


Skills That Affect Registered Client Associate Salaries

Client Interaction
up arrow 4%

Customer Service
up arrow 2%

National Average
$48,000

Microsoft Excel
up arrow 2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 86 votes.

Gender

Female
77 %
Male
23 %

Years of Experience

Less than 1 year
4%
1-4 years
33%
5-9 years
27%
10-19 years
23%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 77%
vision benefits Vision: 69% employee benefits None: 14%