Schwab Institutional Salary

As of August 2026, the average hourly salary for employees at Schwab Institutional in the United States is $70. This translates to an approximate annual wage of $145,668. Salaries at Schwab Institutional typically range from $61 to $80 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Schwab Institutional Pay for Different Roles?

Explore detailed salary information for specific jobs at Schwab Institutional. Based on our data, the highest paying job is the Broker, with an hourly wage of $59. The table below outlines the hourly wage ranges for most popular roles within the company.
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Current Job Openings at Schwab Institutional

Ready for your next career move? Explore current job openings at Schwab Institutional. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Schwab Institutional’s Pay Competitive? Salary Benchmarking Analysis

How does Schwab Institutional's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
corporate.americancentury.com/en.html $55
-21.6%
Reflects market rates for standard general contracting, differing from specialized roles.
DA Davidson Companies $48
-30.8%
DA Davidson Companies likely leverages performance bonuses over the high base salary shown here.
Broad Street Trading Broad Street Securities Group $66
-5.6%
Broad Street Trading Broad Street Securities Group focuses strategically on recruiting and training entry-level apprentices.
Freedom Holding Corp $57
-18.0%
Normalized for lower cost-of-living zones where Freedom Holding Corp primarily operates.
Financial Services Industry $59
-16.6%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Schwab Institutional

Considering a career at Schwab Institutional? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Work-life balance is respected, with flexible arrangements that adapt to individual needs. This forward-thinking approach keeps us at the forefront of financial technology, providing exciting challenges and opportunities to work with state-of-the-art tools. The culture is dynamic but grounded in strong professional values. This professional environment is highly motivating and creates a stimulatin...
Clients rely on our expertise, and employees take pride in delivering results. Every day brings a new opportunity to grow. Benefits are standard but could be more competitive. Total rewards packages are competitive within our sector. This is a good position for those who prefer structure, routine, and reliable expectations in a large organization. This focus not only enhances my skills but also de...
The company size means your voice is heard. Hiring standards are high but fair. What I appreciate most is how this diversity enhances our problem-solving and client service capabilities. The best part of working here is the constant encouragement to learn and improve.
Leadership genuinely listens and provides growth opportunities. I greatly appreciateIn a rapidly evolving industry, they actively invest in cutting-edge platforms, data analytics, and AI to enhance client services and operational efficiency. Strong teamwork and open communication across departments. My team delivers with consistency, and leadership is always willing to coach. Employee resource gro...

Schwab Institutional Overview

Website
www.schwabinstitutional.com
Founded In
1987
Employees
1,000 - 3,000 employees
Industry
Financial Services
Headquarter Address
101 Montgomery St San Francisco California CA 94104
Revenue
$500 Million - $1B
Phone Number
+1 4156277000
Social Media
About Schwab Institutional
Schwab Institutional is a leading provider of custodial, operational and trading support for independent investment advisors. Since 1987, Schwab Institutional has supported independent investment advisors by offering support and services to help grow their businesses and help their clients reach their financial goals. As of September 30, 2007, client assets custodied with Schwab Institutional stoo

What Benefits Does Schwab Institutional Offer Beyond Salary?

A competitive compensation package is more than just a salary. Schwab Institutional offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near San Francisco?

Understanding the cost of living near San Francisco is key to truly evaluating a salary offer or your current compensation at Schwab Institutional.
San Francisco's Cost of Living Index is approximately 243.5 (143.5% more expensive than US average; 74.2% more than CA average). One of the most expensive cities globally, extreme housing costs, high transportation, and very high prices for all goods/services. When planning your budget based on a salary from Schwab Institutional, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,200 - $5,000+ A significant portion of Schwab Institutional salary. Location choices impact this heavily.
Utilities (Basic) $200 - $320 Electricity, Heating, Cooling, Water etc.
Public Transportation $81 (Muni Monthly Pass 'M') Essential for most commuters; car ownership is costly.
Groceries (Single Person) $550 - $850 Can be higher with more dining out or specialty stores.
Personal & Leisure $600 - $1,200+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,081 - $8,221+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Schwab Institutional

1. What is the typical salary range (low to high) for most roles at Schwab Institutional?

The typical salary range for most roles at Schwab Institutional is approximately from $61 to $80 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Schwab Institutional pay compared to corporate.americancentury.com/en.html?

The average annual salary at Schwab Institutional is $145,668, or an hourly wage of $70, in comparison to corporate.americancentury.com/en.html which pays $114,256 per year or $55 per hour.

3. How does experience level affect salary at Schwab Institutional?

Experience level is a significant factor in determining salary at Schwab Institutional, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Schwab Institutional in San Francisco is fair given the local cost of living?

To determine if a salary offer from Schwab Institutional in San Francisco is fair, first compare the gross salary to our data for similar roles at Schwab Institutional and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for San Francisco" to understand its purchasing power.

5. What are the key factors that influence salary levels at Schwab Institutional?

Several key factors influence salary levels at Schwab Institutional. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Schwab Institutional likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.