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What is the salary range of Discount Brokerage Sales Representative?

As of December 01, 2024, the average annual pay of Discount Brokerage Sales Representative in the United States is $53,468. While Salary.com is seeing that Discount Brokerage Sales Representative salary in the US can go up to $75,452 or down to $35,297, but most earn between $43,957 and $64,975. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Discount Brokerage Sales Representative in the United States.

Discount Brokerage Sales Representative Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $64,975 $5,415 $1,250 $31
Average $53,468 $4,456 $1,028 $26
25th Percentile $43,957 $3,663 $845 $21

Average Salary

25% $43,957 10% $35,297 90% $75,452 75% $64,975 $53,468 50%(Median) Didn’t find job title? Click
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What is the hourly and monthly salary as a Discount Brokerage Sales Representative?

As of December 01, 2024, the average hourly salary is $26 (range: $17 to $36); the average monthly salary is $4,456 (range: $2,941 to $6,288).

Click the switch button below to see weekly and yearly salary of a Discount Brokerage Sales Representative.

Last Updated on December 01, 2024
Last Updated on December 01, 2024

What are the salaries of Discount Brokerage Sales Representative with different levels of experience?

As of December 01, 2024, Salary.com is seeing that an entry-level Discount Brokerage Sales Representative with under 1 year experience makes about $47,879. With less than 2 years of experience, a mid-level Discount Brokerage Sales Representative makes around $48,303. After 2-4 years, the Discount Brokerage Sales Representative pay rises to about $50,849. Those senior Discount Brokerage Sales Representative with 5-8 years of experience earn roughly $57,873, and those Discount Brokerage Sales Representative having 8 years or more experience is expected to earn about $60,268 on average.

Levels Salary
Entry Level Discount Brokerage Sales Representative $47,879
Intermediate Level Discount Brokerage Sales Representative $48,303
Senior Level Discount Brokerage Sales Representative $50,849
Specialist Level Discount Brokerage Sales Representative $57,873
Expert Level Discount Brokerage Sales Representative $60,268
$47,879 0 yr
$48,303 < 2 yrs
$50,849 2-4 yrs
$57,873 5-8 yrs
$60,268 > 8 yrs
Last Updated on December 01, 2024
Entry Level 10%
Mid Level 10%
Senior Level 5%
Top Level 8%
Experienced 13%
View as graph
Last Updated on December 01, 2024

How much does salary of Discount Brokerage Sales Representative vary from state to state?

How much does salary of Discount Brokerage Sales Representative vary from city to city?

Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.

For example, as of December 01, 2024, the average yearly salary of Discount Brokerage Sales Representative in San Francisco, CA is $66,835 and in New York, NY, the average annual salary goes to $62,450. While a Discount Brokerage Sales Representative earns $59,937 per year in Boston, MA.

What is the salary trend of Discount Brokerage Sales Representative?

For those exploring the changing dynamics of Discount Brokerage Sales Representative salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of December 01, 2024, our research highlights a notable shift in Discount Brokerage Sales Representative compensation over the past six years. For instance, the median salary has moved from $68,344 in 2023 to about $65,329 in 2024 (for a comprehensive analysis of Discount Brokerage Sales Representative salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.

Average Annual Salary of Discount Brokerage Sales Representative Over Time

2020
$???
2021
$???
2022
$???
$68,344
2023
$65,329
2024
$64,662
2025
2026
$???
Last Updated on December 01, 2024
2020
$???
2021
$???
2022
$???
2023
$68,344
2024
$65,329
2025
$64,662
2026
$???
Last Updated on December 01, 2024

Discount Brokerage Sales Representative Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $68,344
2024 $65,329
2025 $64,662
2026 View More
Last Updated on December 01, 2024

Job Openings of Discount Brokerage Sales Representative

Salary.com job board provides millions of Discount Brokerage Sales Representative information for you to search for. Click on search button below to see Discount Brokerage Sales Representative job openings or enter a new job title here.

Most Common Benefits for Discount Brokerage Sales Representative

Based on HR-reported data: a national average with a geographic differential
Base Salary 59.4%
Bonuses 12.7%
Social Security 5.5%
401k/403b 2.2%
Disability 0.6%
Healthcare 5.9%
Pension 3.9%
Time Off 9.7%
Core Compensation
Core Compensation Median % of Total
Base Salary $53,468 59.4%
Bonus $11,455 12.7%
Value of Benefits
Core Compensation Median % of Total
Social Security $4,967 5.5%
401K/403B $2,013 2.2%
Disability $584 0.6%
Healthcare $5,345 5.9%
Pension $3,506 3.9%
Time Off $8,740 9.7%
Total Compensation $90,076 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on December 01, 2024

What are the salaries of a Discount Brokerage Sales Representative with different levels of education?

Salaries for Discount Brokerage Sales Representative with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Discount Brokerage Sales Representative with a Associate's Degree is $49,011 - $54,451. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Discount Brokerage Sales Representative Salaries by Degree Level

Last Updated on December 01, 2024
Typical Education for Discount Brokerage Sales Representative
Degree Level % of user with this level of education
High School 9.7%
Associates 3.2%
Bachelors 61.3%
Masters 25.8%
Typical Education for Discount Brokerage Sales Representative
High School 9.7%
Associates 3.2%
Bachelors 61.3%
Masters 25.8%
view as table

Discount Brokerage Sales Representative Salaries by Degree Level

Last Updated on December 01, 2024

What Am I Worth?

FAQ about Discount Brokerage Sales Representative

1. What is the average salary of a Discount Brokerage Sales Representative?

The average annual salary of Discount Brokerage Sales Representative is $53,468. In case you are finding an easy salary calculator, the average hourly pay of Discount Brokerage Sales Representative is $26; the average weekly pay of Discount Brokerage Sales Representative is $1,028; the average monthly pay of Discount Brokerage Sales Representative is $4,456.

2. Where can a Discount Brokerage Sales Representative earn the most?

A Discount Brokerage Sales Representative'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 Sales Representative earns the most in San Jose, CA, where the annual salary of a Discount Brokerage Sales Representative is $67,102.

3. What is the highest pay for Discount Brokerage Sales Representative?

The highest pay for Discount Brokerage Sales Representative is $75,452.

4. What is the lowest pay for Discount Brokerage Sales Representative?

The lowest pay for Discount Brokerage Sales Representative is $35,297.

5. What are the responsibilities of Discount Brokerage Sales Representative?

Discount Brokerage Sales Representative is responsible for the timely buying and selling of securities for clients at discounted commissions. Ensures accuracy of transactions and keeps abreast of market conditions. Being a Discount Brokerage Sales Representative typically does not make investment recommendations unless client holds advised account or other fee-based product. Requires a bachelor's degree in area of specialty or in a related area and may require state licensure. Additionally, Discount Brokerage Sales Representative requires NASD series 7 license. Typically reports to a manager or head of a unit/department. The Discount Brokerage Sales Representative occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Discount Brokerage Sales Representative typically requires 2 -4 years of related experience.

6. What are the skills of Discount Brokerage Sales Representative

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Networking: Ability to maintain, build and expand a personal and business contact list to grow one's career and business opportunities.

2.)

CRM: Customer relationship management (CRM) is a technology for managing all your company's relationships and interactions with customers and potential customers.

3.)

Legal Documents: Legal document means any document affecting the legal rights of any person including, but not limited to, any deed, mortgage, will, trust instrument, contract or any document filed in any court, quasi-judicial or administrative tribunal.

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Discount Brokerage Sales Representative is $53,468 per year in the United States, updated at December 01, 2024.
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