Merrill Lynch Private Client Group Salary

As of September 2026, the average annual salary for employees at Merrill Lynch Private Client Group in the United States is $102,083. This translates to an approximate hourly wage of $49. Salaries at Merrill Lynch Private Client Group typically range from $89,702 to $115,537 annually, reflecting the diverse roles and experience levels within the company.
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Is Merrill Lynch Private Client Group’s Pay Competitive? Salary Benchmarking Analysis

How does Merrill Lynch Private Client Group'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
Chef Jobs - the Job Board for Professional Chefs $114,319
+12.0%
Data suggests Chef Jobs - the Job Board for Professional Chefs's workforce skews heavily towards veteran, high-tenure roles.
llcPride International LLC $96,493
-5.5%
Normalized for lower cost-of-living zones where llcPride International LLC primarily operates.
HART Associates Inc $100,227
-1.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
The Montford Group $83,150
-18.5%
The Montford Group likely leverages performance bonuses over the high base salary shown here.
Business Services Industry $120,931
+18.5%
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 Merrill Lynch Private Client Group

Considering a career at Merrill Lynch Private Client Group? 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.
The company has strong financial stability, which provides a great sense of job security. It's a stable place to work, and it is especially exciting or fast-moving. Excellent training programs prepare employees for long-term success. Management is approachable, and the team environment fosters creativity and innovation. The company offers clarity and support.
Leadership invests in people, encouraging innovation without fear of failure. Communication is polite and professional but sometimes lacks transparency. The company offers mentorship and trust. Flexible scheduling options and a reasonable workload allow me to excel professionally while also maintaining a healthy life outside of the office. Safe and healthy work environment. We provide essential se...
This company promotes a high-performance culture without compromising employee well-being. Team-oriented with supportive leadership. Trustworthy and dependable. Overall, it’s a predictable work environment that serves well for those seeking reliability and structured responsibilities over rapid growth or innovation. The company offers decent training and fair pay, but career advancement can take t...

Merrill Lynch Private Client Group Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Business Services
Headquarter Address
125 High Street High Street Tower Boston Massachusetts MA 02110
Revenue
<$5 Million
Phone Number
+1 6179464248
Social Media
About Merrill Lynch Private Client Group
Merrill Lynch Private Client Group is a company that operates in the Financial Services industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Boston, Massachusetts.

What Benefits Does Merrill Lynch Private Client Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Merrill Lynch Private Client Group 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Merrill Lynch Private Client Group.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Merrill Lynch Private Client Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Merrill Lynch Private Client Group salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Merrill Lynch Private Client Group

1. What is the typical salary range (low to high) for most roles at Merrill Lynch Private Client Group?

The typical annual salary range for most roles at Merrill Lynch Private Client Group is approximately from $89,702 to $115,537. 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 Merrill Lynch Private Client Group pay compared to Chef Jobs - the Job Board for Professional Chefs?

The average annual salary at Merrill Lynch Private Client Group is $102,083, or an hourly wage of $49, in comparison to Chef Jobs - the Job Board for Professional Chefs which pays $114,319 per year or $55 per hour.

3. How does experience level affect salary at Merrill Lynch Private Client Group?

Experience level is a significant factor in determining salary at Merrill Lynch Private Client Group, 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 Merrill Lynch Private Client Group in Boston is fair given the local cost of living?

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

5. What factors influence salary increases at Merrill Lynch Private Client Group?

Salary increases at Merrill Lynch Private Client Group are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.