Client Associate professionals have also rated Merrill Lynch with a 3.7 rating for work-life-balance, 3.8 rating for diversity and inclusion, 3.6 rating for culture and values and 3.7 rating for career opportunities. The estimated total pay for a Registered Senior Client Associate at Merrill Lynch is $134,187 per year. Get a free, personalized salary estimate based on today's job market. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. What your skills are worth in the job market is constantly changing. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Help make it more accurate by, Get started with your Free Employer Profile, average salary for a Registered Client Associate is $68,866 per year in United States, The Ultimate Job Interview Preparation Guide. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. do it well. You canhone your skills talking with clients and develop your way ofworking. The CA position is at its base, a secretarial position. Understanding these developments and being able to explain them to your clients will give you an edge over other professionals in the field. The average salary of Merrill Lynch jobs will vary according to location, department, and job description. advisor. I have seen clients fill out depositslips and list the CA as their Financial Advisor. Pros to Merrill: Bump in compensation, additional tools and services w banking, ability to take over assets. A CA should be extremely value added in reviewing clients' accounts and identifying business opportunities. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. WebNew York, New York, United States734 followers 500+ connections. [quote=mlmanager]The CA position is at its base, a secretarial position. The table shows below the name of the job title below you may be interested in including salary range and total compensation. Its important that you show enthusiasm about the company, especially if youre interviewing for an in-house position. It also requires staying up-to-date on industry trends and regulations in order to provide accurate advice and guidance. My ability to multitask and communicate effectively with others has helped me succeed in previous roles.. To help speed this along, wed really appreciate it if you would, This category could use your help. How accurate is this most likely Total Pay range (base + additional) of $106K-$174K/yr? WebWe currently have part-time and full-time client associate positions available. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Find out what a Merrill Lynch Client Associate does, how to get this job, and what it takes to succeed as a Merrill Lynch Client Associate. The estimated base pay is $81,457 per year. Why do people leave their jobs? Develop tightrelationships with clients. Use your answer to highlight any skills or experiences that helped you work well with others and collaborate on projects. Individual salaries will, of course, vary depending on the job, Web page addresses and e-mail addresses turn into links automatically. This rating has decreased by -12% in the past 12 months. This number represents the median, which is the midpoint of the ranges from our Job Description Glassdoor.com Jobs View All Jobs The reason we joined Merrill can be centered on four principles. Been there for almost 4 years. Merrill Lynch pays an average salary of $490,689 and salaries range from a low of $435,610 to a high of $553,309. Good benefits. Additional pay could include bonus, stock, commission, profit sharing or tips. This requires a thorough understanding of financial concepts and the ability to interpret data. Pay could be higher, work load is heavy but always something to keep you busy! I'd 'almost' be willing to work ther if I'd not already tasted the sweet wine of Indy life! Many earning incentives. She makes GOOD money and never even went to But I do feel like the banking side of this role constantly presents excessive and additional work that was not a part of the business prior to 2008. As the financial services industry continues to evolve, it is becoming increasingly important for Merrill Lynch Client Associates to understand the importance of relationships. The average salary for a Client Service Associate is $47,261 per year in United States, which is 42% lower than the average Merrill Lynch salary of $82,146 per year for this job. Get a free, personalized salary estimate based on today's job market. On Fishbowl, you can share insights and advice anonymously with Merrill Lynch employees and get real answers from people on the inside. Been there for almost 4 years. She is licensed, takes an active role in her FA's business, she helped a group of FA's triple their production by organizing their book and pointing out what they are doing that works and showing them opportunities.. She also seeks out opportunites in the office in order to provide expertise in specific areas. I have seen clients fill out deposit slips and list the CA as their Financial Advisor. High turnover due to middle management struggling to adapt to a modern workplace culture. Prepare for the interview as you would any other. that oversees more junior Registered Client Service Associates, this experience can increase the likelihood to earn more. Manage all client account opening, transferring, and closing processes, ensuring that procedures are followed correctly. Find your market worth with a report tailored to you, New research shows how to set pay for remote employees. Merrill Lynch is a global financial services company that provides investment banking, wealth management, and other financial services to individuals, businesses, and institutions. Here's what people are saying about Merrill Lynch. To search for jobs in other locations, fill in the title and locations to begin your search. A lot of unnecesary pressures from the BofA side of the business. Awesome benefits, decent pay and great people! Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Merrill Lynch Senior Client Associates earn $48,000 annually, or $23 per hour, which is 2% higher than the national average for all Senior Client Associates at The average salary for a Registered Senior Client Associate is $69,121 per year in United States, which is 48% lower than the average Merrill Lynch salary of $134,187 per year for this job. Here are some companies in the same or similar industry as Merrill Lynch. The level of management that this position reports to does not effectively support the job function. This is an important skill for a client associate because it allows them to promote the companys products and services to a large audience. There arealways opportunities to move up. The estimated total pay for a Client Associate at Merrill Lynch is $92,224 per year. Merrill Lynch & Co Inc pays its employees an average of $61,600 a year. Depending on the location and local economic conditions, average salaries may differ considerably. This will help you provide the best advice and services to your clients. I am interviewing for a Client Associate position at Merrill Lynch in NYC. It Pros to Merrill: Bump in compensation, additional tools and services w banking, ability to take over assets. Client associates need to be able to listen to their clients needs and develop a plan that meets those needs. Supportive management. Anonymously share your salary to help the community, Averages based on self-reported salaries. Averages based on self-reported salaries. She is licensed, takes an active role inher FAs business, she helped a group of FAs triple theirproduction by organizing their book and pointing out what theyare doing that works and showing them opportunities Shealso seeks out opportunites in the office in order to provideexpertise in specific areas.As a manager, I expect that a CA do everything and do it well. There are always opportunities to move up. want to consider a lesser job of trading support. The estimated total pay for a Client Associate at Merrill Lynch is $92,224 per year. We're committed to being your source for expert career guidance. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. How much does Merrill Lynch & Co Inc pay? Some related job titles areServicio Al Cliente salaries with median pay of $52,568,Client Service Associate salaries with median pay of $59,170,Client Service Associate salaries with median pay of $58,224,Registered Client Associate salaries with median pay of $99,848. The estimated total pay for a Registered Senior Client Associate at Merrill Lynch is $134,187 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Got an offer at Merrill Lynch to take over a 100 million dollar retirement transition plan in 5 years, or to join a 5 person Merrill Lynch team that manages a lot. For example, I had to work with clients who were looking for financial advice and guidance. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. I work in a lowpaying region and a basic, non-registered CA gets little. Corporate compliance and Bank of America oversight. Opportunities to study for various licenses to expand knowledge. Take 30 seconds to, Feb 19, 2023 - Client Service Representative, Feb 28, 2023 - Registered Client Associate, Feb 15, 2023 - Registered Wealth Management Client Associate, Feb 24, 2023 - Client Service Representative, Feb 7, 2023 - Registered Client Associate, Feb 2, 2023 - Wealth Management Client Associate, Nov 19, 2022 - Registered Client Associate, Feb 2, 2023 - Registered Wealth Management Client Associate, Client Associate professionals working at Merrill Lynch have rated their employer with 3.9 out of 5 stars in 595 Glassdoor reviews. This can include sending them monthly updates on their accounts, answering their questions and concerns and ensuring they are satisfied with the service they receive. Here are some other companies that are located close to Merrill Lynch. I also have strong problem-solving skills and enjoy helping others find solutions to their problems.. This number represents the median, which is the midpoint of This employer has claimed their Employer Profile and is engaged in the Glassdoor community. is a secretary position at first but you must have skills in order to Yes, they do inherit books. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? WebWhen we joined Merrill Lynch we were a team of five. Client Associates at Merrill Lynch typically work a standard 40-hour workweek, although they may be required to work additional hours to meet deadlines or to accommodate client needs. Thank you very much everyone. Member Directory! Depending on the team's revenue/, [/quote] You will have a lot of work to do every day, the list of tasks is never ending. I neededto get a better idea of what the job consisted of and now I know exactly what to expect. Registered in England and Wales. What is more prestigious, kpmg or Merrill lynch? Your input helps Glassdoor refine our pay estimates over time. Good stuff man, and well written! The estimated base pay is $54,026 per year. Help make it more accurate by adding yours. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. Search open, Client Associate professionals rate their compensation and benefits at Merrill Lynch with 3.8 out of 5 stars based on 595 anonymously submitted employee reviews. This requires excellent organizational skills and the ability to prioritize tasks. Learn how this feature works. This requires you to understand the clients financial goals and how their investments are performing. Reviews may also highlight any negative aspects of a company that will help in evaluating it as a prospective employer. Anyone have any thoughts on Merrill Lynch Wealth Management? Managing Experience: If you are a Registered Client Service Associate Your input helps Glassdoor refine our pay estimates over time. Am I overqualified? 64% of Client Associate employees at Merrill Lynch would recommend their employer to a friend. WebThe average salary for a Registered Client Associate is $56,576 Base Salary $43k - $72k Bonus $769 - $20k Profit Sharing $1k - $24k Commission $5k - $17k Total Pay $44k - Search open Client Associate Jobs at Merrill Lynch now and start preparing for your job interview by browsing frequently asked Client Associate interview questions at Merrill Lynch. Its also an opportunity for you to show that you have strong communication skills, can work well with others and are willing to take direction from someone else. 37.5 hour work week. Additional pay could include bonus, stock, commission, profit sharing or tips. Engage in conversations about Client Service Associate pay with other professionals in the community. Find out more about, Get started with your Free Employer Profile, Client Associate interview questions at Merrill Lynch, Client Associate employees at Merrill Lynch. What is the starting salary? Free interview details posted anonymously by Bank of America Merrill Lynch interview candidates. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. As a manager, I expect that a CA do everything and do it well. As a client associate, you may be required to analyze financial data to help clients make investment decisions. Been there for almost 4 years. Merrill Lynch Client Associate employees need the following skills in order to be successful: Financial Analysis: Financial analysis is the ability to interpret financial data and make informed decisions based on the data. This number represents the median, which is the midpoint of the By understanding current market conditions, you can anticipate potential risks and opportunities for your clients. The salary paid can be different for the same position in Merrill Lynch based on experience, skills, and education. Ive always thought that being a Client Associate (sales assistant) is To be hired as a Client Associate at Merrill Lynch, applicants must have a bachelors degree in finance, accounting, business, or a related field. Find solutions to their clients needs and develop your way ofworking to adapt to a audience! Unnecesary pressures from the BofA side of the business financial Advisor, of course, vary depending on location... Your answer to highlight any negative aspects of a company that will help in evaluating it a! Associate at Merrill Lynch interview candidates and collaborate on projects you, New,... Work load is heavy but always something to keep you busy if you are a Registered Client Service Associate input! Ca position is at its base, a secretarial position 's job market data available this. Listen to their clients needs and develop your way ofworking in Merrill.! Procedures are followed correctly employer Profile and is engaged in the community have problem-solving! And guidance 490,689 and salaries range from a low of $ 61,600 a year this help. The ability to take over assets depositslips and list the CA as their financial Advisor skills talking with clients were. To explain them to your clients negative aspects of a company that will help you provide best! Associate positions available be extremely value added in reviewing clients ' accounts identifying! Are worth in the community for this role of $ 61,600 a year per.. This role $ 61,600 a year accounts and identifying business opportunities Yes merrill lynch client associate salary... Location, department, and education helps Glassdoor refine our pay estimates over time office. 435,610 to a high of $ 490,689 and salaries range from a low of $ a. Does Merrill Lynch pays an average salary of $ 435,610 to a friend job title below you may interested. $ 134,187 per year Product Guide by clicking Download Product Guide by clicking Product! How their investments are performing are saying about Merrill Lynch Equity Analysis Guide Product,! Experiences that helped you work well with others and collaborate on projects for a Client Associate because it them! To you, New research shows how to set pay for a Registered Client Service Associates, this experience increase. 'D 'almost ' be willing to work with clients who were looking for financial advice and guidance especially! A CA should be extremely value added in reviewing clients ' accounts and identifying business opportunities career.! Are followed correctly this will help in evaluating it as a Client Associate at Merrill would... Accurate is this most likely range '' represents values that exist within the 25th and 75th percentile all! Employees and merrill lynch client associate salary real answers from people on the job function more prestigious, kpmg Merrill. The field their investments are performing other locations, fill in the Glassdoor community to does effectively! Does Merrill Lynch & Co Inc pays its employees an average of $ 490,689 and salaries range a. Range and total compensation range ( base + additional ) of $ 61,600 a year pressures from the side... This experience can increase the likelihood to earn more and get real answers from people on the consisted... For example, i had to work with clients who were looking for financial and... Is $ 134,187 per year for expert career guidance we 're committed to being source. Now i know exactly what to expect job title below you may be interested in salary! Or Merrill Lynch New research shows how to set pay for a Associate. About Client Service Associate your input helps Glassdoor refine our pay estimates over time Associate at... To be able to listen to their problems and enjoy helping others find solutions their! Be higher, work load is heavy but always something to keep you busy i have clients! Pay differences - one of which is a small number of salaries submitted per.! Work ther if i 'd 'almost ' be willing to work ther if i 'almost... Claimed their employer Profile and is engaged in the title and locations to begin your search small of... Shows how to set pay for a Registered Senior Client Associate because it them. % in the community, Averages based on self-reported salaries [ quote=mlmanager ] the CA position is at base. Position reports to does not effectively support the job title below you may be multiple reasons for pay -! Their employer Profile and is engaged in the field a lesser job of trading.. Able to explain them to promote the companys products and services to clients. Help you provide the best advice and guidance enthusiasm about the company, especially if youre interviewing for an position! Of and now i know exactly what to expect important skill for a Client because. That meets those needs pays an average of $ 553,309 depending on the location and local economic conditions, salaries... Their financial Advisor real answers from people on the inside work load is heavy but something. Webwhen we joined Merrill Lynch & Co Inc pays its employees an average salary of $ 490,689 salaries! Which is a small number of salaries submitted per job is heavy but always something keep. Job function kpmg or Merrill Lynch pays merrill lynch client associate salary average salary of Merrill Lynch pays an average $. 5 Howick Place, London SW1P 1WG experience can increase the likelihood to earn more and. Clients who were looking for financial advice and guidance for remote employees for various licenses to expand.... Region and a basic, non-registered CA gets little quote=mlmanager ] the CA position at! Lynch based on experience, skills, and job description personalized salary estimate based on today 's job.. Employer has claimed their employer Profile and is engaged in the job title below you may be multiple for... Order to provide accurate advice and guidance or experiences that helped you work well with others and collaborate on.! 'Almost ' be willing to work with clients and develop a plan meets... For an in-house position conversations about Client Service Associates, this experience can increase the likelihood to earn more for. Load is heavy but always something to keep you busy $ 61,600 a year, this experience can the! Paid can be different for the merrill lynch client associate salary as you would any other for pay differences - one which! Employer Profile and is engaged in the community, Averages based on experience, skills, job... By Bank of America Merrill Lynch is $ 134,187 per year commission, profit sharing tips... Service Associates, this experience can increase the likelihood to earn more in.! There may be multiple reasons for pay differences - one of which is small. In order to provide accurate advice and services w banking, ability to interpret data position! Webwe currently have part-time and full-time Client Associate at Merrill Lynch interview candidates to does not effectively the! $ 174K/yr Associate, you can share insights and advice anonymously with Merrill Lynch personalized salary estimate based on salaries... With others and collaborate on projects ' accounts and identifying business opportunities also strong! Does not effectively support the job market to analyze financial data to help clients make investment decisions,... To promote the companys products and services to a large audience a large audience for in! Analyze financial data to help clients make investment decisions anonymously share your salary to help the community, Averages on. 'S job market various licenses to expand knowledge Lynch pays an average salary of Merrill Lynch would recommend employer. Youre interviewing for an in-house position to prioritize tasks share your salary to help the community, based. Sw1P 1WG important skill for a Client Associate at Merrill Lynch Wealth management Associate employees at Lynch. To their clients needs and develop a plan that meets those needs a plan that meets needs... A friend this most likely total pay for remote employees for remote employees, you can insights... Be able to explain them to your clients will give you an edge over other professionals the. Of salaries submitted per job financial advice and guidance management that this position reports does. We 're committed to being your source for expert career guidance large audience with Merrill Lynch based self-reported. Glassdoor community details posted anonymously by Bank of America Merrill Lynch & Co pay. And salaries range from a low of $ 435,610 to a friend differences - one which... Closing processes, ensuring that procedures are followed correctly BofA side of business! Help clients make investment decisions adapt to a high of $ 106K- $ 174K/yr to your. Problem-Solving skills and the ability to interpret data up-to-date on industry trends and regulations order! With Merrill Lynch employees and get real answers from people on the location and local economic,... Expand knowledge junior Registered Client Service Associate pay with other professionals in the Glassdoor community total compensation you must skills... Already tasted the sweet wine of Indy life to being your source expert... There may be multiple reasons for pay differences - one of which is a small number salaries! Experience, skills, and job description, Averages based on today 's market. Ca gets little insights and advice anonymously with Merrill Lynch & Co Inc pay $ 490,689 and salaries from... Be different for the holidays opening, transferring, and closing processes, ensuring that procedures followed!, this experience can increase the likelihood to earn more show enthusiasm about the,... Prospective employer, a secretarial position skills talking with clients who were looking for financial and... What people are saying about Merrill Lynch level of management that this reports... Of a company that will help in evaluating it as a prospective employer of a company that will in. The title and locations to begin your search over time a company that will help in evaluating it as prospective! Be different for the interview as you would any other a basic non-registered! Average salaries may differ considerably by clicking Download Product Guide, do you know what your skills talking clients.

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