Discount Brokerage Department Manager Salary in the United States

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 $124,679 as of September 26, 2019, but the range typically falls between $98,819 and $134,246. 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, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

Skills Associated with Discount Brokerage Department Manager: Brokerage Trading Software, Order Processing, Customer Service, Securities Laws and Regulations Compliance ...More

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Salary estimation for Discount Brokerage Department Manager at companies like : FS BANCORP INC, HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC

Jobs with a similar salary range to Discount Brokerage Department Manager : Associate Director, Clinical Research

Job Description

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 NASD Series 7 license. Requires a bachelor's degree in a related area. 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. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Discount Brokerage Department Manager typically requires 3+ years of managerial experience. (Copyright 2019 Salary.com)

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Average Base Salary

Core compensation

 
 
 
98819
134246
124679

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
111690
170254
135544
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 $98,819 to $134,246 with the average base salary of $124,679. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $111,690 to $170,254 with the average total cash compensation of $135,544.
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98819
134246

 

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Job Openings for Discount Brokerage Department Manager
Those that have already made the climb...
Pamela J. Shelley-Kessler , Executive Vice 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 2018
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%