As of December 01, 2024, the average annual pay of Trader (OTC) II in Rapid City, SD is $76,363. While Salary.com is seeing that Trader (OTC) II salary in Rapid City, SD can go up to $107,446 or down to $47,696, but most earn between $61,358 and $92,633. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Trader (OTC) II in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $104,082 | $8,674 | $2,002 | $50 |
| Average | $85,801 | $7,150 | $1,650 | $41 |
| 25th Percentile | $68,941 | $5,745 | $1,326 | $33 |
An entry-level Trader (OTC) II with under 1 year experience makes about $71,152. With less than 2 years of experience, a mid-level Trader (OTC) II makes around $71,598. After 2-4 years, the Trader (OTC) II pay rises to about $74,497. Those senior Trader (OTC) II with 5-8 years of experience earn roughly $82,106, and those Trader (OTC) II having 8 years or more experience are expected to earn about $84,526 on average.
| Levels | Salary |
|---|---|
| Entry Level Trader (OTC) II | $71,152 |
| Intermediate Level Trader (OTC) II | $71,598 |
| Senior Level Trader (OTC) II | $74,497 |
| Specialist Level Trader (OTC) II | $82,106 |
| Expert Level Trader (OTC) II | $84,526 |
| Entry Level | 17% |
| Mid Level | 17% |
| Senior Level | 13% |
| Top Level | 4% |
| Experienced | 1% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Wealth Management: Wealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services offered by a complex mix of asset managers, custodial banks, retail banks, financial planners and others. There is no equivalent of a stock exchange to consolidate the allocation of investments and promulgate fund pricing and as such it is considered a fragmented and decentralised industry. High-net-worth individuals (HNWIs), small-business owners and families who desire the assistance of a credentialed financial advisory specialist call upon wealth managers to coordinate retail banking, estate planning, legal resources, tax professionals and investment management. Wealth managers can have backgrounds as independent Chartered Financial Consultants, Certified Financial Planners or Chartered Financial Analysts (in the United States), Certified International Investment Analysts, Chartered Strategic Wealth Professionals (in Canada), Chartered Financial Planners (in the UK), or any credentialed (such as MBA) professional money managers who work to enhance the income, growth and tax-favored treatment of long-term investors.
CFA: The Chartered Financial Analyst program is a postgraduate professional certification offered internationally by the American-based CFA Institute to investment and financial professional
| Skill | Salary | Demand |
|---|---|---|
|
Organizing
|
$86,290 |
13%
|
|
Consulting
|
$85,526 |
12%
|
|
Portfolio Management
|
$82,472 |
8%
|
|
Front Office
|
$81,708 |
7%
|
|
Building Relationships
|
$81,708 |
7%
|
|
Investment Management
|
$81,708 |
7%
|
