As of March 01, 2025, the average annual salary for a Discount Brokerage Operations Manager in the United States is $79,544. Salary.com reports that pay typically ranges from $69,938 to $118,511, with most professionals earning between $61,192 and $153,990.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $118,511 | $9,876 | $2,279 | $57 |
| Average | $79,544 | $6,629 | $1,530 | $38 |
| 25th Percentile | $69,938 | $5,828 | $1,345 | $34 |
An entry-level Discount Brokerage Operations Manager with less than 1 year of experience earns about $75,230. With 1-2 years of experience, the average salary increases to $75,655. For 2-4 years of experience, the pay typically rises to $76,649. Senior-level professionals with 5-8 years of experience earn around $77,784, and those with over 8 years of experience can expect an average of $82,810.
| Levels | Salary |
|---|---|
| Entry Level Discount Brokerage Operations Manager | $75,230 |
| Intermediate Level Discount Brokerage Operations Manager | $75,655 |
| Senior Level Discount Brokerage Operations Manager | $76,649 |
| Specialist Level Discount Brokerage Operations Manager | $77,784 |
| Expert Level Discount Brokerage Operations Manager | $82,810 |
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 2% |
| Experienced | 4% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Discount Brokerage Operations Manager compensation over the past six years. For example, the median salary increased from $120,850 in 2023 to approximately $122,742 in 2024. (For a detailed analysis of Discount Brokerage Operations Manager salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Discount Brokerage Operations Manager information for you to search for. Click on search button below to see Discount Brokerage Operations Manager job openings or enter a new job title here.
Here are companies hiring for Discount Brokerage Operations Manager and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $79,544 | 70.6% | ||
| Bonus | $2,691 | 2.4% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $6,291 | 5.6% | ||
| 401K/403B | $2,549 | 2.3% | ||
| Disability | $740 | 0.7% | ||
| Healthcare | $5,345 | 4.7% | ||
| Pension | $4,441 | 3.9% | ||
| Time Off | $11,070 | 9.8% | ||
| Total Compensation | $112,670 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 16.7% |
| Associates | 13.3% |
| Bachelors | 60.0% |
| Masters | 10.0% |
What Am I Worth?
The average annual salary of Discount Brokerage Operations Manager is $79,544. In case you are finding an easy salary calculator, the average hourly pay of Discount Brokerage Operations Manager is $38; the average weekly pay of Discount Brokerage Operations Manager is $1,530; the average monthly pay of Discount Brokerage Operations Manager is $6,629.
A Discount Brokerage Operations Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Discount Brokerage Operations Manager earns the most in San Jose, CA, where the annual salary of a Discount Brokerage Operations Manager is $99,827.
The highest pay for Discount Brokerage Operations Manager is $153,990.
The lowest pay for Discount Brokerage Operations Manager is $61,192.
Discount Brokerage Operations Manager oversees the daily operations of a discount brokerage. Ensures that brokerage operations adhere to the organization's financial and business strategies. Being a Discount Brokerage Operations Manager monitors the purchase and sale of securities for clients at discounted commissions. Ensures accuracy of transactions, oversees account maintenance, and acts as a liaison with the organization's full-service broker as needed. Additionally, Discount Brokerage Operations Manager ensures compliance with all relevant government regulations. Keeps abreast of market conditions. Requires NASD Series 7 license. Requires a bachelor's degree in a related area. Typically reports to a director. The Discount Brokerage Operations 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 Operations Manager typically requires 3+ years of managerial experience.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
