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Wholesaler, Financial Services Salary

For Financial Services Wholesalers, bonuses and commissions account for a significant portion of income and add up to three in four of their $84K yearly pay. Cash earnings for Financial Services Wholesalers — which occasionally include more than $100K from bonuses and more than $68K from profit sharing — stretch from around $48K to approximately $240K. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Most Financial Services Wholesalers survey respondents are men (71 percent). Medical benefits are awarded to almost all, and a large number earn dental coverage. Job satisfaction is reported as high by the vast majority of workers. This overview is based on answers to PayScale's salary questionnaire.
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$39,549 - $120,413
MEDIAN: $59,824

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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.
$39,549 - $120,413  
$1,957 - $100,095  
Profit Sharing
$405.47 - $68,211  
$10,365 - $141,914  
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).
$48,189 - $239,788  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 189
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Job Description for Wholesaler, Financial Services

  • 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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Financial Services Wholesalers seem to require a number of specific skills. Fortunate workers who know Sales command much higher paychecks, scoring salaries 40 percent above average. At the other end of the pay range are skills like Microsoft Office, Market Research, and Windows Operating System General Use.

Pay by Experience Level for Wholesaler, Financial Services

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

Experience is an important factor influencing the compensation of Financial Services Wholesalers. The median compensation for relatively untried workers is $63K; in the five-to-10 year group, it's higher at around $88K. Six-figure salaries surface after one to two decades on the job — experienced professionals in this group reap a six-figure median of $144K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $170K on average.

Related Job Salaries

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Experience Affects Wholesaler, Financial Services Salaries

up arrow 102%

up arrow 71%

National Average

Skills That Affect Wholesaler, Financial Services Salaries

up arrow 40%

National Average

up arrow 2%

Marketing Communications
up arrow 15%

Microsoft Word
up arrow 16%

Windows Operating System General Use
up arrow 17%

Market Research
up arrow 18%

Microsoft Office
up arrow 19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 39 votes.


29 %
71 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 96% dental benefits Dental: 87%
vision benefits Vision: 71% employee benefits None: 3%