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Retail Broker Salary in Michigan

How much does a Retail Broker make in Michigan? The salary range for a Retail Broker job is from $51,664 to $65,180 per year in Michigan. Click on the filter to check out Retail Broker job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$58,457
Per Year
The average salary for a Retail Broker is $58,457
per Year in Michigan.
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
$51,664
$58,457
Medium
$65,180

Highest Paying Cities for Retail Broker in Michigan

Here are the top eight that pay the highest Retail Broker salary in MI. Due to the cost of living in different locations, the Retail Broker salary will also be different. Ann Arbor with the highest wage for the Retail Broker in Michigan has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Retail Broker

Retail Broker works in Michigan will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.

How Much Do Similar Professions Get Paid in Michigan?

The Retail Broker jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Retail Broker, while they have the Retail Broker responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Broker
Average salary
United States
$94,074
per Year
Broker Assistant
Average salary
United States
$37,595
per Year
Business Broker
Average salary
United States
$63,447
per Year
Broker In Charge
Average salary
United States
$86,026
per Year
Energy Broker
Average salary
United States
$61,605
per Year
Stock Broker
Average salary
United States
$160,556
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 Retail Broker Do?

Under Regulation Best Interest, broker-dealers will be required to act in the best interest of a retail customer when making a recommendation of any securities transaction or investment strategy involving securities to a retail customer.

December 12, 2021

The Form CRS Relationship Summary will require registered investment advisers and broker-dealers to provide retail investors with simple, easy-to-understand information about the nature of their relationship with their financial professional.

December 11, 2021

Sales agents who work for retail brokerage companies, and who are licensed to sell securities, are commonly referred to as retail brokers, stockbrokers or the antiquated, but gentile, customer's man or woman.

December 11, 2021

The MetaTrader suite, which is licensed by brokers and offered to traders, is one of the most widely used trading platforms for retail forex and CFDs trading globally.

December 10, 2021

‘Flash Boys’ exchange IEX ramps up effort to cater to Reddit retail crowd, forms broker committee to improve stock-market structure.

December 09, 2021

Most Common Benefits for Retail Broker

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

Frequently Asked Questions

Common questions about salaries for a Retail Broker
Get a personal salary report to know Which factors can influence Retail Broker salary.
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Under Regulation Best Interest, broker-dealers will be required to act in the best interest of a retail customer when making a recommendation of any securities transaction or investment strategy involving securities to a retail customer.
Is this information useful?
Thank you!
Check the below career pages for detailed pay ranges for similar professions to Retail Broker:
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Saline pays the highest Retail Broker wage. Get personal salary report to explore more salary information in different cities.
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The Retail Broker salary range is $51,664 to $65,180 in MI.
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