$51,188
Avg. Salary
$21.43
Avg. Hourly Rate

Average additional compensation:

$4,899

Bonus

$5,000

Profit Sharing

$10,153

Commission

What am I worth?
How should I pay?

The average pay for a Registered Client Service Associate is $21.43 per hour.

The average pay for a Registered Client Service Associate is $51,188 per year.

10%
$16.22
10%
$21.43
50%
$27.47
90%
90%
MEDIAN $21.43
10%
$39k
10%
$51k
50%
$66k
90%
90%
MEDIAN $51,188
$39,456 - $65,949
$39K
$51K
$66K
MEDIAN: $51,188
10%
50%
90%

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$16.22 - $27.47
$16
$21
$27
MEDIAN: $21.43
10%
50%
90%

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$0$72K
Salary $39,456 - $65,949
Bonus $1,027 - $15,369
Profit Sharing $1,441 - $15,456
Commission $3,523 - $24,392
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).
)
$39,894 - $72,360
  • Country: United States
  • Currency: USD
  • Updated: 18 Apr 2019
  • Individuals Reporting: 607
Hourly Data $0$46
Hourly Rate $16.22 - $27.47
Hourly Tips $3.75
Overtime $24.29 - $46.11
Annual Data $0$72K
Bonus $1,027 - $15,369
Commission $3,523 - $24,392
Profit Sharing $1,441 - $15,456
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).
)
$39,894 - $72,360
  • Country: United States
  • Currency: USD
  • Updated: 18 Apr 2019
  • Individuals Reporting: 127

Job Description for Registered Client Service Associate

Registered client service associates are typically the first point of contact for new and/or existing clients within a financial institution. They assist the sales team with sales leads and maintaining (and building on) client relationships. The primary responsibilities of a registered client service associate generally include educating and providing the client with in-depth knowledge of products and services, serving as a client advocate, assisting clients with opening accounts, and processing customer account changes. They are also in charge of responding to customer inquiries, creating proposals and performance reports for the sales team, and maintaining client account records and documents. Additionally, registered client service associates perform typical administrative duties such as typing, data entry, filing, answering phones, and relaying messages. The client associate usually organizes the logistics of events and provides up-to-date information to the other members.

Read More...
Registered Client Service Associate Tasks
  • Analyze client questions and concerns, escalating problems to appropriate teams and handling service problems to the satisfaction of the client.
  • Manage all client account opening, transferring, and closing processes, ensuring that procedures are followed correctly.
  • Maintain quality relationships with clients, remaining available to offer support.

Popular Employer Salaries for Registered Client Service Associate


Morgan Stanley, UBS, Ameriprise Financial, Inc., Stifel Nicolaus & Company, Incorporated, and Raymond James & Associates, Inc. are all popular places to work. For Registered Client Service Associates, comfortable salaries can be found at Merrill Lynch & Co Inc; in fact, median earnings sit around $60K, the highest in the area. Registered Client Service Associates will also find cushy salaries at UBS (+$60K), UBS AG (+$59K), and Edelman Financial Services (+$57K).

Registered Client Service Associates will find the worst pay at Stifel Nicolaus & Company, Incorporated, where the median salary crawls in at $39K. Furthermore, compensation is curbed at $52K, leaving little room for growth. Wells Fargo & Co., Raymond James & Associates, Inc., and Oppenheimer & Company Incorporated are a few other employers known for handing out relatively lightweight salaries ($44K, $44K, and $45K respectively).

Common Career Paths for Registered Client Service Associate


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Registered Client Service Associates who go on to become Registered Client Associates may see somewhat stagnant compensation. On average, a Registered Client Associate, an upper-level role, pays $50K.

Registered Client Service Associate Job Listings

Popular Skills for Registered Client Service Associate


Survey results imply that Registered Client Service Associates put a diverse skill set to use. Most notably, skills in Series 7, Customer Relationship Management, Microsoft Excel, and Client Interaction are correlated to pay that is above average. Skills that seem to negatively impact pay include Customer Relations and Microsoft Office. For most people, competency in Client Interaction indicates knowledge of Microsoft Office and Microsoft Excel.

Pay by Experience Level for Registered Client Service Associate

Pay by Experience for a Registered Client Service Associate has a positive trend. An entry-level Registered Client Service Associate with less than 5 years of experience can expect to earn an average total compensation of $50,000 based on 150 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Registered Client Service Associate with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $55,000 based on 116 salaries. An experienced Registered Client Service Associate which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $55,000 based on 102 salaries. A Registered Client Service Associate with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $53,000 based on 48 salaries.

Pay Difference by Location

National Average: $54,018

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

For Registered Client Service Associates, busy New York offers a higher-than-average pay rate, 31 percent above the national average. Registered Client Service Associates will also find cushy salaries in Los Angeles (+22 percent), San Francisco (+17 percent), Chicago (+11 percent), and Austin (+10 percent). The lowest-paying market is Seattle, which sits 14 percent below the national average. Employers also pay below the national average in Cincinnati (14 percent lower) and Charlotte (13 percent lower).

Related Job Salaries

Key Stats for Registered Client Service Associate

Gender

Female
71 %
Male
29 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 195 votes.
Less than 1 year
1%
1-4 years
36%
5-9 years
23%
10-19 years
25%
20 years or more
15%

Experience Affects Registered Client Service Associate Salaries

▲3%

▲1%

National Average
$54,000

▼1%

▼7%

Skills That Affect Registered Client Service Associate Salaries

Series 7
▲7%

National Average
$54,000



Client Interaction
▼4%

Customer Service
▼4%


Customer Relations
▼20%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 195 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
1%
1-4 years
36%
5-9 years
23%
10-19 years
25%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 74%
vision benefits
Vision: 65%
no benefits
None: 15%