Financial Advisor at Merrill Lynch & Co Inc Salary

The average pay for a Financial Advisor at Merrill Lynch & Co Inc is $51,925 per year. The skills that increase pay for this job the most are Portfolio Management and Sales. Experience strongly influences income for this job.

$46,436 - $124,376
$46K
$60K
$120K
MEDIAN: $59,909
10%
50%
90%

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$0$195K
Salary $46,436 - $124,376
Bonus $2,068 - $125,549
Profit Sharing $3,750
Commission $31,000
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).
)
$47,966 - $195,108
  • Country: United States
  • Currency: USD
  • Updated: 13 Oct 2017
  • Individuals Reporting: 55

Financial Advisor Job Listings

Pay by Experience Level for Financial Advisor

Pay by Experience for a Financial Advisor has a positive trend. An entry-level Financial Advisor with less than 5 years of experience can expect to earn an average total compensation of $55,000 based on 31 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Advisor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $82,000 based on 12 salaries. An experienced Financial Advisor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $108,000 based on 10 salaries. A Financial Advisor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $224,000 based on 8 salaries.

Key Stats for Financial Advisor

Gender

Female
26 %
Male
74 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 19 votes.
Less than 1 year
4%
1-4 years
51%
5-9 years
12%
10-19 years
21%
20 years or more
12%

Experience Affects Financial Advisor Salaries

Late-Career
▲194%

▲43%

Mid-Career
▲8%

National Average
$76,000

▼28%

Skills That Affect Financial Advisor Salaries


National Average
$76,000

Sales
▼10%


Client Interaction
▼15%

Customer Relationship Management (CRM)
▼15%



Financial Analysis
▼21%

Microsoft Excel
▼41%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 19 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

Less than 1 year
4%
1-4 years
51%
5-9 years
12%
10-19 years
21%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 78%
vision benefits
Vision: 67%
no benefits
None: 9%