$97,203
Avg. Salary
$70.00
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$19,774

Profit Sharing

$6,878

Commission

$42,000

The average pay for a Stock Broker in New York, New York is $70.00 per hour.

The average pay for a Stock Broker in New York, New York is $97,203 per year.

$50
10%
$70
50%
$250
90%
MEDIAN $70
$41k
10%
$97k
50%
$447k
90%
MEDIAN $97,203
$40,851 - $447,272
$41K
$97K
$450K
MEDIAN: $97,203
10%
50%
90%

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$50.00 - $250
$70
MEDIAN: $70.00
50%

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$0$527K
Salary $40,851 - $447,272
Bonus $993 - $503,353
Profit Sharing $0.00 - $82,248
Commission $42,000
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).
)
$44,088 - $527,111
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2018
  • Individuals Reporting: 52
Hourly Data $0$250
Hourly Rate $70.00
Hourly Tips $0.63
Annual Data $0$527K
Bonus $993 - $503,353
Commission $42,000
Profit Sharing $0.00 - $82,248
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).
)
$44,088 - $527,111
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2018
  • Individuals Reporting: 5

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.

Read More...

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.

About New York, New York

Kings County, New York
8,550,405
Male:
4,081,698 (47.7%)
Female:
4,468,707 (52.3%)
The City of New York, often called New York City or simply New York, is the most populous city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, one of the most populous urban agglomerations in the world. With a U.S. Census Bureau-estimated 2015 population of 8,550,405 distributed over a land area of just 305 square miles (790 km2), New York is also the most densely populated major city in the United States. A global power city, New York City exerts a significant impact upon commerce, finance, media, art, fashion, research, technology, education, and entertainment, its fast pace defining the term New York minute. Home to the headquarters of the United Nations, New York is an important center for international diplomacy and has been described as the cultural and financial capital of the world. Situated...
New York, NY:
$55,752
New York:
$60,850
$1,317
New York, NY:
$538,300
New York:
$293,500
4.7%

Stock Broker Job Listings

Pay by Experience Level for Stock Broker

Pay by Experience for a Stock Broker has a positive trend. An entry-level Stock Broker with less than 5 years of experience can expect to earn an average total compensation of $98,000 based on 17 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Stock Broker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $197,000 based on 11 salaries. An experienced Stock Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $149,000 based on 10 salaries. A Stock Broker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $149,000 based on 5 salaries.

Key Stats for Stock Broker

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 2 votes.
Less than 1 year
12%
1-4 years
28%
5-9 years
30%
10-19 years
18%
20 years or more
12%

Experience Affects Stock Broker Salaries

Mid-Career
▲88%

Experienced
▲42%

Late-Career
▲42%

National Average
$105,000

Entry-Level
▼7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 2 votes.

Years of Experience

Less than 1 year
12%
1-4 years
28%
5-9 years
30%
10-19 years
18%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 56%
vision benefits
Vision: 22%
no benefits
None: 11%