How much does a Discount Brokerage Department Manager make in the United States? The average Discount Brokerage Department Manager salary in the United States is $133,899 as of November 23, 2022, but the range typically falls between $106,138 and $144,178. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, helps you determine your exact pay target. 

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Based on HR-reported data: a national average with a geographic differential
25% $106,138 10% $80,864 90% $153,536 75% $144,178 $133,899 50%(Median)
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Job Description for Discount Brokerage Department Manager

Discount Brokerage Department Manager manages and leads a group of discount brokers responsible for the purchase and sale of securities for clients at discounted commissions. Develops marketing programs and strategies to increase profitability and enter new markets. Being a Discount Brokerage Department Manager monitors transactions for accuracy and ensures satisfactory customer service. May interact with the organization's full-service brokers as needed. Additionally, Discount Brokerage Department Manager ensures compliance with any applicable regulations. Requires a bachelor's degree in a related area. Requires NASD Series 7 license. Typically reports to a director. The Discount Brokerage Department Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Discount Brokerage Department Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2022 View full job description

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Job Openings for Discount Brokerage Department Manager
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Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
Fiscal Year Ended in 2021
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
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City, State Miami, FL Compared to national average
City, State Chicago, IL Compared to national average
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City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average

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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Discount Brokerage Department Manager in the United States. The base salary for Discount Brokerage Department Manager ranges from $106,138 to $144,178 with the average base salary of $133,899. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $119,955 to $182,846 with the average total cash compensation of $145,573.
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Skills associated with Discount Brokerage Department Manager: Transaction Monitoring, Brokerage Trading Software, Securities Laws and Regulations, Securities Trading ...More

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Salary estimation for Discount Brokerage Department Manager at companies like : FS Bancorp, Inc., LTC PROPERTIES INC, SILVERCREST ASSET MGT

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