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Prime Broker Salary in Chicago, IL

How much does a Prime Broker make in Chicago, IL? The salary range for a Prime Broker job is from $54,909 to $69,274 per year in Chicago, IL. Click on the filter to check out Prime Broker job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$62,129
Per Year
The average salary for a Prime Broker is $62,129
per Year in Chicago, IL.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$54,909
$62,129
Medium
$69,274

Highest Paying Cities for Prime Broker near Chicago, IL

We list eight cities that pay high wages to Prime Broker near Chicago. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Prime Broker pay level in these cities.

States with Higher Salaries for Prime Broker

Here are the top five states that pay the highest Prime Broker salary in the United States. District of Columbia takes first place with the highest Prime Broker salary is $65,920 per Year. California and New Jersey take the second and third place with $65,328 per Year and $64,913 per Year in the list. A higher average Prime Broker salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Chicago, IL?

The following job titles have similar responsibilities as a Prime Broker. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Prime Brokerage
Average salary
United States
$62,129
per Year
Prime Delivery Driver
Average salary
United States
$53,642
per Year
Prime Brokerage Analyst
Average salary
United States
$71,458
per Year
Prime Power Production Specialist
Average salary
United States
$58,691
per Year
Broker
Average salary
United States
$99,984
per Year
Broker Assistant
Average salary
United States
$39,957
per Year

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

What Does a Prime Broker Do?

The prime broker account monitors the risk in client portfolios via house-designed risk-based margin methods that count the worst case loss for a.

December 20, 2021

The real remuneration paid to a prime broker is often difficult to calculate since it is derived from several sources.

December 13, 2021

Additionally, the prime broker offers stock loan services, portfolio reporting, consolidated cash management and other services.

December 11, 2021

This notes that apart from clearing brokers, no other type from prime broker account has the authority to clear transactions.

December 09, 2021

As a result, prime broker account securities lending departments enables clients to directly borrow from the prime broker account.

December 07, 2021

Most Common Benefits for Prime Broker

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Prime Broker
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The prime broker account monitors the risk in client portfolios via house-designed risk-based margin methods that count the worst case loss for a.
Is this information useful?
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Is this information useful?
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Explore our personal salary report to know the Prime Broker market value in Chicago, IL. And find out if any places are having a higher Prime Broker salary.
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The average salary of a Prime Broker is $62,129 in Chicago, IL.
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