As of March 01, 2025, the average annual salary for a Discount Brokerage Sales Representative in the United States is $53,791. Salary.com reports that pay typically ranges from $44,221 to $65,368, with most professionals earning between $35,507 and $75,908.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $65,368 | $5,447 | $1,257 | $31 |
| Average | $53,791 | $4,483 | $1,034 | $26 |
| 25th Percentile | $44,221 | $3,685 | $850 | $21 |
An entry-level Discount Brokerage Sales Representative with less than 1 year of experience earns about $47,879. With 1-2 years of experience, the average salary increases to $48,303. For 2-4 years of experience, the pay typically rises to $50,849. Senior-level professionals with 5-8 years of experience earn around $57,873, and those with over 8 years of experience can expect an average of $60,268.
| 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 |
| Entry Level | 11% |
| Mid Level | 10% |
| Senior Level | 5% |
| Top Level | 8% |
| Experienced | 12% |
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 Sales Representative compensation over the past six years. For example, the median salary increased from $68,344 in 2023 to approximately $65,329 in 2024. (For a detailed analysis of Discount Brokerage Sales Representative 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 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.
Here are companies hiring for Discount Brokerage Sales Representative and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $53,791 | 59.4% | ||
| Bonus | $11,524 | 12.7% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $4,997 | 5.5% | ||
| 401K/403B | $2,025 | 2.2% | ||
| Disability | $588 | 0.6% | ||
| Healthcare | $5,345 | 5.9% | ||
| Pension | $3,527 | 3.9% | ||
| Time Off | $8,792 | 9.7% | ||
| Total Compensation | $90,589 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 9.7% |
| Associates | 3.2% |
| Bachelors | 61.3% |
| Masters | 25.8% |
What Am I Worth?
The average annual salary of Discount Brokerage Sales Representative is $53,791. 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 $1,034; the average monthly pay of Discount Brokerage Sales Representative is $4,483.
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 $67,508.
The highest pay for Discount Brokerage Sales Representative is $75,908.
The lowest pay for Discount Brokerage Sales Representative is $35,507.
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.
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.
Networking: Ability to maintain, build and expand a personal and business contact list to grow one's career and business opportunities.
CRM: Customer relationship management (CRM) is a technology for managing all your company's relationships and interactions with customers and potential customers.
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.
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.
