Registered Client Associate Salary

Registered Client Associates usually earn approximately $46K annually in the United States, but Royal Bank of Canada offers a significantly higher median of $77K. The data in this summary comes from the PayScale salary survey.
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$36,754 - $60,035
(Median)
$37K
$46K
$60K
MEDIAN: $46,283
10%
50%
90%

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

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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
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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.

Common Career Paths for Registered Client Associate


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Registered Client Associates' salary tends to stay somewhat level for those who assume higher-end positions like Registered Client Service Associate. Median pay for Registered Client Service Associates is $48K.

Registered Client Associate Job Listings

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Popular Employer Salaries for Registered Client Associate

Popular Skills for Registered Client Associate


Registered Client Associates who responded to the survey indicated only a few skills that 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. Skills that are correlated to lower pay, on the other hand, include Microsoft Excel. Most people skilled in Client Interaction are similarly competent 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 of relatively inexperienced workers fall in the neighborhood of $45K, but folks who have racked up five to 10 years see a notably higher median of $54K. Registered Client Associates claiming one to two decades of experience make an estimated median of $55K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $53K.

Pay Difference by Location

National Average: $50,497

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

For Registered Client Associates, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Registered Client Associates will also find cushy salaries in New York (+18 percent) and Newport Beach (+9 percent). With compensation 6 percent below the national average, Chicago is not known for hefty paychecks and actually represents the lowest-paying market. Workers in Miami and Atlanta earn salaries that trail the national average for those in this profession (3 percent less and 1 percent less, respectively).

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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%
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