Stock Brokers in the United States can expect wages of $53K per year on average. Total cash compensation to Stock Brokers approaches anywhere from $39K on the lower end to $199K on the higher end; in exceptional cases, this can include more than $56K from bonuses and upwards of $51K from profit sharing. The most influential factor affecting pay for this group is location, though career length and the particular employer have a (lesser) impact as well. The majority of workers are highly satisfied with their job. A large number report receiving medical coverage from their employers and a majority collect dental insurance. Most Stock Brokers survey respondents are men (74 percent). This report is based on responses to the PayScale salary survey.

$37,004 - $153,867
$37K
$53K
$150K
MEDIAN: $53,444
10%
50%
90%

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$13.70 - $48.51
$14
$20
$49
MEDIAN: $19.97
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$180K$360K$540K
Salary
$37,004 - $153,867  
   
Bonus
$979 - $56,002  
Profit Sharing
$408.51 - $50,893  
Commission
$-0.49 - $533,269  
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).
)
$38,971 - $198,564  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 179
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$90$180$270
Hourly Rate
$13.70 - $48.51  
   
Overtime
$26.23 - $42.50  
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$180K$360K$540K
Bonus
$979 - $56,002  
   
Commission
$-0.49 - $533,269  
Profit Sharing
$408.51 - $50,893  
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).
)
$38,971 - $198,564  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 26

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Stock Broker

Stock brokers perform financial services for their organization's clients related to stocks and other securities. They advise their clients on current and prospective investments, help manage their portfolios and provide advice on which investments might have the best returns, as well as process transactions on their clients' behalf. Stock brokers' clients may be individual investors and/or companies, and excellent communication and interpersonal skills are required to communicate effectively with these clients. Stock brokers must be able to make decisions in a fast-paced environment, perform effective financial analysis, manage multiple client portfolios effectively, and work to maintain good relationships with clients. They need to maintain an up-to-date understanding of the stock market and monitor changes in the market throughout their workday.

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Stock Broker Tasks

  • Analyze and interpret portfolios and assist in creation of strategies to meet financial goals of the client.
  • Manage client portfolio with care and integrity, ensuring that their financial well-being is protected.
  • Maintain knowledge of all financial services the company offers and promote these services to the client.

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Pay by Experience Level for Stock Broker

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


Stock Brokers generally obtain higher compensation for more plentiful past experience. Although individuals who have less than five years' experience earn $51K on average, people with five to 10 years benefit from a notably larger average of $74K. After working for 10 to 20 years, Stock Brokers make a median salary of $99K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $100K.

Pay Difference by Location

National Average: $58,775

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

For Stock Brokers, busy New York offers a higher-than-average pay rate, 104 percent above the national average. Stock Brokers will also find cushy salaries in Fort Worth (+4 percent). The lowest-paying market is Austin, which sits 26 percent below the national average, proving that location is a significant contributor to overall pay. Not at the bottom but still paying below the median are employers in Denver and Indianapolis (24 percent lower and 15 percent lower, respectively).

Related Job Salaries

Key Stats for Stock Broker

Gender

Female
26 %
Male
74 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 16 votes.
046
Less than 1 year
9%
1-4 years
46%
5-9 years
21%
10-19 years
14%
20 years or more
9%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Stock Broker Salaries

Late-Career
up arrow 70%

Experienced
up arrow 68%

Mid-Career
up arrow 26%

National Average
$59,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 16 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

Less than 1 year
9%
1-4 years
46%
5-9 years
21%
10-19 years
14%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 67%
vision benefits
Vision: 53%
dental benefits
None: 18%
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