Registered Client Associate Salary

The national average salary for Registered Client Associates is $46K per year; Royal Bank of Canada pays the most in this field, though, offering a median salary of $77K. The figures in this rundown are based on the results of PayScale's salary questionnaire.
Read More
$36,754 - $60,035
(Median)
$37K
$46K
$60K
MEDIAN: $46,283
10%
50%
90%

Add this chart to your site: 640px    300px

$14.90 - $26.09
(Median)
$15
$20
$26
MEDIAN: $19.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$23K$46K$69K
Salary
$36,754 - $60,035  
   
Bonus
$982 - $14,711  
Profit Sharing
$515 - $20,134  
Commission
$2,436 - $20,238  
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).
)
$37,200 - $68,936  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 316
National Hourly Rate 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$14$28$42
Hourly Rate
$14.90 - $26.09  
   
Overtime
$23.27 - $39.45  
National Annualized 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$28K$56K$84K
Bonus
$982 - $14,711  
   
Commission
$2,436 - $20,238  
Profit Sharing
$515 - $20,134  
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).
)
$37,200 - $68,936  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 94
United States (change)

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.

Common Career Paths for Registered Client Associate


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


Many Registered Client Associates move into a Registered Client Service Associate role, which does not lead to a big boost in pay. Registered Client Service Associates on average bring in a similar salary to Registered Client Associates.

Registered Client Associate Job Listings

Search for more jobs:

Popular Employer Salaries for Registered Client Associate

Popular Skills for Registered Client Associate


Registered Client Associates report a narrow range of specific skills. 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. Most people experienced in Client Interaction also know Microsoft Excel.

Pay by Experience Level for Registered Client Associate

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


Those in the early stages of their career can expect to make around $45K; however, individuals with five to 10 years of experience bring in $54K on average — a distinctly larger sum. Registered Client Associates see a median salary of $55K after reaching one to two decades on the job. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Registered Client Associates report making only $53K on average.

Pay Difference by Location

National Average: $50,497

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

For Registered Client Associates, San Francisco provides a pay rate that is 21 percent greater than the national average. Registered Client Associates will also find cushy salaries in New York (+18 percent) and Newport Beach (+9 percent). Those in the field find the lowest salaries in Chicago, 6 percent below the national average. Miami and Atlanta are a couple other places where companies are known to pay below the median — salaries are 3 percent lower and 1 percent lower, respectively.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Registered Client Associate Salaries




National Average
$50,000


Skills That Affect Registered Client Associate Salaries

Client Interaction
up arrow 1%

Customer Service
0%

National Average
$50,000


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 84 votes.

Gender

Female
77 %
Male
23 %

Years of Experience

Less than 1 year
4%
1-4 years
31%
5-9 years
28%
10-19 years
21%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 79%
medical benefits
Vision: 72%
dental benefits
None: 12%
ADVERTISEMENT