Broker Partner made a median salary around $51,812 in December, 2024.
The best-paid 25 percent made $59,483 probably that year, while the lowest-paid 25 percent made around $44,777.
Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
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 states and districts that pay Broker Partner the highest salary are District of Columbia (around $64,145)
, California (around $63,569), New Jersey (around $63,165), Alaska (around $62,762), and Massachusetts (around $62,704).
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
Q:What is the salary range of Broker Partner in Macon, GA?
A:In 2024
, the lowest-paid Broker Partner in Macon, GA earned an average annual salary of $44,777
, while the highest-paid made $59,483.
Q:What is the salary for a Broker Partner in California?
A:Broker Partner employed in California earned an average salary of $63,569 in 2024.
Average Broker Partner Pay vs. Other Jobs
Broker Partner earned an average salary of $51,812 in 2024.
Other jobs related to Broker Partner earned the following average salary in December, 2024.
Brokermade $85,687,Insurance Brokermade $84,494,Floor BrokerandBroker Assistantmade $160,704and $34,243 respectively.
Insurance Broker develops and markets customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Assesses and negotiates quotes from different carriers based on exposure, risk, and financing. Being an Insurance Broker develops recommendations to advises customers on the best options that will meet their needs and to place and retain the business. Requires knowledge of complex insurance products and a variety of lines such as commercial property & casualty, employee benefits, and others. Additionally, Insurance Broker requires a bachelor's degree. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management). Typically reports to a supervisor or manager. The Insurance Broker occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Insurance Broker typically requires 2 -4 years of related experience.
Floor Broker receives buy and sell orders from clients or company executives and completes these orders on the securities trading floor. Evaluates market volatility and ensures clients receive the best rate available. Being a Floor Broker requires a bachelor's degree in area of specialty and may require state licensure. Typically reports to a supervisor or manager. To be a Floor Broker typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature.
Business brokers, also called business transfer agents, or intermediaries, assist buyers and sellers of privately held businesses in the buying and selling process. They typically estimate the value of the business; advertise it for sale with or without disclosing its identity; handle the initial potential buyer interviews, discussions, and negotiations with prospective buyers; facilitate the progress of the due diligence investigation and generally assist with the business sale.
Agency relationships in business ownership transactions involve the representation by a business broker (on behalf of a brokerage company) of the selling principal, whether that person is a buyer or a seller. The principal broker (and his/her agents) then become the agent/s of the principal, who is the broker's client. The other party in the transaction, who does not have an agency relationship with the broker, is the broker's customer.