A Wholesaler, Financial Services earns an average salary of $71,216 per year. A skill in Sales is associated with high pay for this job. Experience has a moderate effect on income for this job.
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$47,920 - $122,123
(Median)
$48K
$71K
$120K
MEDIAN: $71,215
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$80K$160K$240K
Salary
$47,920 - $122,123  
   
Bonus
$4,932 - $182,461  
Profit Sharing
$18,000  
Commission
$16,106 - $168,860  
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).
)
$48,596 - $233,145  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 45
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Job Description for Wholesaler, Financial Services

Wholesalers of financial services are responsible for facilitating territorial plans, expanding client list, and meeting financial services objectives on behalf of their company. Some of their main responsibilities include working with other firms to delimit zones and reaching agreements for wholesaling services in certain areas.

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Wholesaler, Financial Services Tasks

  • Proactively educate financial advisors/registered representatives regarding company's distributed products and benefits and make recommendations to clients.
  • Provide appropriate guidance to the financial advisors/registered representatives regarding the company's operating results and business strategies.
  • Grow company's market share within the territory through consultation with financial advisors/registered representatives on company's products.
  • Develop new and build upon existing relationships with financial advisors/ registered representatives in the Broker Dealer network within their territory.
  • Maintain knowledge of company's business and market performance/position in order to provide guidance to financial advisors/registered representatives related to company's distributed products.

Wholesaler, Financial Services Job Listings

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Pay by Experience Level for Wholesaler, Financial Services

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

Related Job Salaries

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Experience Affects Wholesaler, Financial Services Salaries

Late-Career
up arrow 89%

Experienced
up arrow 18%


National Average
$106,000


Skills That Affect Wholesaler, Financial Services Salaries

up arrow 13%

National Average
$106,000

Powerpoint
up arrow 22%

Marketing Communications
up arrow 33%

Microsoft Word
up arrow 33%

Microsoft Office
up arrow 34%

Windows Operating System General Use
up arrow 34%

Market Research
up arrow 35%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

Less than 1 year
2%
1-4 years
19%
5-9 years
23%
10-19 years
36%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 74%
medical benefits
Vision: 69%
dental benefits
None: 11%
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