How Much Does a Broker Of Record Make in New Mexico?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Broker Of Record in New Mexico is $35,279. While Salary.com is seeing that Broker Of Record salary in NM can go up to $42,521 or down to $28,878, but most earn between $31,929 and $39,070. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Broker Of Record
Broker
$89,257
New Mexico
Per Year
Record Assistant
$39,813
New Mexico
Per Year
Record Clerk
$42,898
New Mexico
Per Year
Record Analyst
$39,341
New Mexico
Per Year
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Similar Job Salaries to Broker Of Record by Company

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Company average base salary in (usd) range
$147,662/yr
$113,235
$182,088
RANGE: $113,235 - $182,088
Inszone Insurance Services
INSURANCE BROKER
$144,860/yr
$111,012
$178,708
RANGE: $111,012 - $178,708
$81,196/yr
$69,568
$92,823
RANGE: $69,568 - $92,823
IDO ALBUQUERQUE, LTD
Front Desk Receptionist- Broker Concierge
$39,853/yr
$34,126
$45,580
RANGE: $34,126 - $45,580
Inszone Insurance Services
Inszone Insurance Services | Insurance Broker
$147,050/yr
$112,690
$181,410
RANGE: $112,690 - $181,410
The Baldini Agency
No Experience Necessary Remote Insurance Broker UNCAPPED COMMISSION
$140,029/yr
$111,179
$168,879
RANGE: $111,179 - $168,879
Avison Young
Broker
$114,471/yr
$95,522
$133,421
RANGE: $95,522 - $133,421
$110,413/yr
$83,981
$136,845
RANGE: $83,981 - $136,845
GFI Group
Broker
$134,969/yr
$104,030
$165,909
RANGE: $104,030 - $165,909
$122,303/yr
$103,907
$140,699
RANGE: $103,907 - $140,699

Top 10 Highest Paying Cities For Broker Of Record Jobs in New Mexico

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Broker Of Record can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Broker Of Record job salaries in New Mexico. Some cities can pay higher salaries for Broker Of Record jobs, which can indicate that there is a large demand for Broker Of Record positions in this city.
The following table shows top 10 cities where the Broker Of Record salary is higher than other cities in New Mexico. Santa Fe takes first place in this list, followed by Albuquerque, Rio Rancho. The Broker Of Record salary is $35,995 in Santa Fe, which is lower than the national average. There is 0 city's Broker Of Record salary higher than national average in New Mexico.
The average salary for a Broker Of Record in New Mexico is $35,279, but we found that the city with the highest salary for Broker Of Record jobs is Santa Fe, NM, and it is higher than Albuquerque. Broker Of Record jobs in Santa Fe can have the opportunity to earn higher salaries than in other cities in New Mexico.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Santa Fe $35,995 $3,000 $692 $17
Albuquerque $35,812 $2,984 $689 $17
Rio Rancho $35,698 $2,975 $687 $17
Farmington $35,333 $2,944 $679 $17
Clovis $34,018 $2,835 $654 $16
Alamogordo $33,977 $2,831 $653 $16
Hobbs $33,698 $2,808 $648 $16
Roswell $33,405 $2,784 $642 $16
Sunland Park $33,169 $2,764 $638 $16
Las Cruces $32,998 $2,750 $635 $16

What Does a Broker Of Record Do?

The broker of record must follow arbitration policies to investigate disputes and assist with resolutions.
Updated December 22, 2021
The broker-dealer must be able to immediately provide any facsimile enlargement of the record that the SEC, SRO or state securities regulator may request.
Updated December 18, 2021
The broker of record collects and distributes commissions to licensees, according to the brokerage's compensation schedule and policies, as well as each individual licensee’s commission agreement.
Updated December 16, 2021
As Subsection 12 of the Act indicates the broker of record is responsible for ensuring that the brokerage complies with the Act and its regulations.
Updated December 16, 2021
Corporations that designate a broker of record must do so through passage of a corporate resolution made by the board of directors and signed by the officers with the appropriate signing authority.
Updated December 14, 2021

Frequently Asked Questions About a Broker Of Record Salaries

What is the average of a Broker Of Record in New Mexico?

The Broker Of Record salary range is from $31,929 to $39,070, and the average Broker Of Record salary is $35,279/year in New Mexico. The Broker Of Record's salary will change in different locations.

Which location pays the highest Broker Of Record salary in the United States?

The Broker Of Record salary in San Jose, CA is $48,043 which is the highest in the US.

What kinds of reasons will influence the Broker Of Record's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Broker Of Record.

What is the growth rate of the Broker Of Record's salary?

If you are thinking of becoming a Broker Of Record or planning the next step in your career, find the detailed salary report of a Broker Of Record.