Schwab Institutional Salary

As of September 2026, the average annual salary for employees at Schwab Institutional in the United States is $145,668. This translates to an approximate hourly wage of $70. Salaries at Schwab Institutional typically range from $127,538 to $165,520 annually, 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 annual salary of $123,269. The table below outlines the annual salary ranges for most popular roles within the company.
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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 $114,256
-21.6%
corporate.americancentury.com/en.html operates with a leaner overhead structure, impacting base wage offers.
DA Davidson Companies $100,828
-30.8%
Typical compensation structure for smaller regional agencies like DA Davidson Companies.
Broad Street Trading Broad Street Securities Group $137,483
-5.6%
Broad Street Trading Broad Street Securities Group focuses strategically on recruiting and training entry-level apprentices.
Freedom Holding Corp $119,519
-18.0%
Freedom Holding Corp likely leverages performance bonuses over the high base salary shown here.
Financial Services Industry $121,514
-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. How much does Schwab Institutional in the United States pay?

Schwab Institutional pays its employees an average of $145,668 per year. The average salary at Schwab Institutional range from $127,538 to $165,520 per year. 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. Do Schwab Institutional employees get a higher salary than its peer company?

The salary at Schwab Institutional is higher than its peer company. 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 much does salary increase with years of experience at Schwab Institutional?

Salary progression with years of experience at Schwab Institutional is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Schwab Institutional vary by office location?

Yes, it's very likely that salaries at Schwab Institutional vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for San Francisco section provides more context.

5. Does Schwab Institutional offer good benefits?

Schwab Institutional typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Schwab Institutional" section on this page.