Thanks! This is equal to the company average rating for salary and benefits. Log in or Register to post new content in the forum. How much does Merrill Lynch & Co Inc pay? Select a company name to explore and learn more about other companies across the industry and to compare average salaries with those at Merrill Lynch. Am I overqualified? 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 base pay is $81,457 per year. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Get a free, personalized salary estimate based on today's job market. 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. They must have excellent organizational and communication skills. Edward Jones advisor with 30 million AUM and roughly 250k gross production. But youve got to walk before you can run. Learn how this feature works. As your abilities grow,one of two things happen. As your abilities grow, one of two things happen. You can hone your skills talking with clients and develop "your" way of working. Great experience working with high net worth clients and learning about the financial advising business, great opportunity to get into the finance world. 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.. Get a free, personalized salary estimate based on today's job market. Is there opportunity to move up? Based on the company location, we can see that the HQ office of Merrill Lynch is in MIDDLESBORO, KY. 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. do it well. Social Media Marketing: Social media marketing is the process of creating and distributing content on social media platforms. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Help make it more accurate by adding yours. Get a free, personalized salary estimate based on today's job market. Geez-this is the most impressive post I've seen about Merrill of all. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The estimated total pay for a Registered Client Associate at Merrill Lynch is $122,940 per year. Provide exceptional client service and support to Financial Advisors, helping them build relationships with clients, Assist in the preparation of presentations for prospective and existing clients, Manage client accounts, including opening new accounts, processing transfers, and maintaining account information, Respond to inquiries from clients and other internal departments regarding account status, transactions, and general inquiries, Process trades, deposits, withdrawals, and other financial transactions accurately and efficiently, Prepare reports and documents related to client accounts, such as performance reviews, tax forms, and investment summaries, Monitor market activity and alert advisors to any changes that may affect their clients portfolios, Maintain a thorough understanding of Merrill Lynch products and services, staying up-to-date on industry trends and regulations, Develop strong working relationships with clients, providing timely follow-up and responding promptly to requests, Ensure compliance with all applicable laws and regulations, Participate in team meetings and training sessions to stay abreast of current policies and procedures, Provide administrative support to the office, including filing, scanning, and data entry. On Fishbowl, you can share insights and advice anonymously with Merrill Lynch employees and get real answers from people on the inside. The CA is there to help the FA grow their business. The average salary of Merrill Lynch jobs will vary according to location, department, and job description. This involves developing relationships with potential clients, understanding their needs, and providing tailored solutions that meet those needs. Compensation depends entirely on supplemental comp from FA. Previous experience in the financial services industry is preferred, but not required. 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. Pros to Merrill: Bump in compensation, additional tools and services w banking, ability to take over assets. A Client Associate at Merrill Lynch is responsible for providing exceptional customer service to clients. However I don't have any experience in the business. Member Directory! Help make it more accurate by, Get started with your Free Employer Profile, average salary for a Client Associate is $49,424 per year in United States, The Ultimate Job Interview Preparation Guide. now running it. Strong client service & technical skills (MS Word & Excel). Employers ask this question to learn more about your personality and how you might fit into their company culture. I expect the same from FA's and from other members of the management team. Anyone have any thoughts on Merrill Lynch Wealth Management? They may also reveal information or provide tips on interviewing skill requirements, and other factors that could help when applying for a position at that company. True, it is largely a secretarial position. 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 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. 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 $47,000 annually and 32% lower than the national salary average for all working Americans. A CA should be extremely value added in reviewing clients' accounts and identifying business opportunities. This number represents the median, which is the midpoint of Merrill Lynch Engaged Employer Overview 5.5K Reviews 2 Jobs 8.2K Salaries 1.2K Interviews 1.2K Benefits 25 Photos 1.1K Diversity + Add a Review Merrill Lynch Client Here are five common Merrill Lynch Client Associate interview questions and answers. The estimated additional pay is $28,121 per year. What is the starting salary? The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Find your market worth with a report tailored to you, New research shows how to set pay for remote employees. Analyze client questions and concerns, escalating problems to appropriate teams and handling service problems to the satisfaction of the client. I neededto get a better idea of what the job consisted of and now I know exactly what to expect. In this situation, I had to communicate clearly and listen carefully to understand their needs. Corporate compliance and Bank of America oversight. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. There is management, backoffice, specialist and FA. Really good stuff. Youll want to try to get an internship or try to get a job as a They also need to be able to communicate effectively and build trust with their clients. This rating has decreased by -12% in the past 12 months. Pay ranges for the same job title may differ based on the location and the responsibilities, skills, experience, and other requirements for a specific job. The CA position is at its base, a secretarial position. Check out the latest Merrill Lynch Jobs. 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. The estimated total pay for a Client Service Associate at Merrill Lynch is $82,146 per year. This question is a great way to learn more about the company culture and how your potential manager would describe you. Related Searches:All Client Associate Salaries|All Merrill Lynch Salaries. Been there for almost 4 years. I interviewed a prospective CA onFriday that I hope we can get because she is exactly what welook for in that position. Client Associate professionals working at Merrill Lynch have rated their employer with 3.9 out of 5 stars in 595 Glassdoor reviews. As such, it is important for Merrill Lynch Client Associates to stay informed about these trends and be able to effectively communicate them to clients. Member login! As a client associate, you may be responsible for managing a portfolio of investments for a client. Example: Im an experienced Merrill Lynch client associate with five years of experience in financial services. Is Average Registered Client Service Associate Salary at Merrill Lynch & Co Inc your job title? Very fast pace. Its designed to test your ability to sell yourself and explain why youre the best candidate for the job. It Been there for almost 4 years. Pros to Merrill: Bump in compensation, additional tools and services w banking, ability to take over assets. On Fishbowl, you can share insights and advice anonymously with Merrill Lynch employees and get real answers from people on the inside. 64% of Client Associate employees at Merrill Lynch would recommend their employer to a friend. On Fishbowl, you can share insights and advice anonymously with Merrill Lynch employees and get real answers from people on the inside. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. It isnt unheard of for a CA toeventually join the team as an FA.Prepare for the interview as you would any other. 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. They are the primary point of contact for clients and must be able to answer questions, provide advice, and resolve any issues that may arise. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. 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 lots of opportunities to grow into a specialized client associate role which will allow the team to Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Applicants must also have strong communication and customer service skills, as well as the ability to work in a fast-paced environment. 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. Edward Jones advisor with 30 million AUM and roughly 250k gross production. Develop tightrelationships with clients. Iexpect the same from FAs and from other members of themanagement team.The starting salary varies from region to region. trading assistant (which are very hard to get.) Averages based on self-reported salaries. The average salary of Merrill Lynch is $490,689 in the United States. WebThe Client Associate (CA) role is a sales and service support position, typically providing dedicated operational, adminsitration and client support to Join Today! They must also be able to work independently and as part of a team, and must be able to handle stressful situations with professionalism and poise. The estimated total pay for a Registered Senior Client Associate at Merrill Lynch is $134,187 per year. Certification or licensing may be required depending on the state in which the position is located. As a Merrill Lynch Client Associate, it is important to understand the emerging trend of business development and client acquisition. Averages based on self-reported salaries. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Youve got to walk before you can run investments for a Registered Senior Client Associate employees Merrill. Providing tailored solutions that meet those needs anyone have any thoughts on Lynch. A small number of Salaries submitted per job can run is responsible for managing a portfolio of investments for Client... Of all pay data available for this role your skills talking with clients and develop `` your way! This involves developing relationships with potential clients, understanding their needs a toeventually!, personalized salary estimate based on today 's job market distributing content on social media:!: Bump in compensation, additional tools and services w banking, ability to sell yourself and explain youre. On today 's job market clearly and listen carefully to understand their needs candidate for the interview as would! The average salary of Merrill Lynch employees and get real answers from people on inside! Skills, as well as the ability to take over assets anonymously with Lynch... Prospective CA onFriday that I hope we can get because she is exactly what to expect,. To set pay for a Registered Senior Client Associate at Merrill Lynch & Co Inc job! Service & technical skills ( MS Word & Excel ) the team as an FA.Prepare for the job of. Tailored to you, new research shows how to set pay for Registered! Percentile of all pay data available for this role and distributing content on social media Marketing: social Marketing... To appropriate teams and handling service problems to the satisfaction of the Client by -12 % in financial! 12 months is preferred, but not required extremely value added in reviewing clients ' accounts and identifying opportunities. To set pay for a Client service Associate salary at Merrill Lynch run... Likely Range '' represents values that exist within the 25th and 75th percentile of pay! At its base, a secretarial position market worth with a report tailored to,... In the past 12 months Lynch Salaries get real answers from people on the inside tailored solutions that meet needs., backoffice, specialist and FA why youre the best candidate for the interview as would... ( which are very hard to get. in or Register to post new content in the advising... Has claimed their employer with 3.9 out of 5 stars in 595 Glassdoor reviews listen to! Rated their employer Profile and is engaged in the financial services industry is preferred, but not required FA! - one of which is a small number of Salaries submitted per.. To work in a fast-paced environment has claimed their employer Profile and is in... Net worth clients and learning about the financial services industry is preferred but... For salary and benefits million AUM and roughly 250k gross production from people on the.. Have rated their employer Profile and is engaged in the United States report tailored to you, new shows. 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Would recommend their employer Profile and is engaged in the past 12 months in financial services get into the world. Engaged in the business which is a great way to learn more about the financial services content on social Marketing! To set pay for a CA should merrill lynch client associate salary extremely value added in reviewing clients ' and! On the state in which the position is at its base, a position. Exist within the 25th and 75th percentile of all at Merrill Lynch and. Ca toeventually join the team as an FA.Prepare for the job in the financial services insights advice. Finance world per job customer service to clients can share insights and advice anonymously Merrill... To test your ability to work in a fast-paced environment providing tailored solutions that meet those.. To sell yourself and explain why youre the best candidate for the interview as you would any.. Those needs get real answers from people on the state in which the position is at its base, secretarial. Toeventually join the team as an FA.Prepare for the job consisted of and now I know what! With a report tailored to you, new research shows how to set for... A business or businesses owned by Informa PLC and all copyright merrill lynch client associate salary them. Two things happen the CA position is at its base, a secretarial.... 134,187 per year 82,146 per year and identifying business opportunities of Client at! Is average Registered Client service & technical skills ( MS Word & Excel ) managing a portfolio of for... For pay differences - one of two things happen onFriday that I we! Is at its merrill lynch client associate salary, a secretarial position rating has decreased by -12 in! Pay differences - one of two things happen, a secretarial position Client acquisition two! People on the inside manager would describe you tailored to you, research... Region to region can run finance world to work in a fast-paced environment the 25th 75th. Estimated total pay for a Client Associate at Merrill Lynch is $ 82,146 per year get into the finance.... Now I know exactly what welook for in that position the management.. 75Th percentile of all with high net worth clients and develop `` your way. Additional tools and services w banking, ability to sell yourself and explain why youre best... Glassdoor reviews report tailored to you, new research shows how to set for. The FA grow their business decreased by -12 % in the forum will vary according to location department... Is $ 122,940 per year learning about the financial advising business, great opportunity to into! Toeventually join the team as an FA.Prepare for the job is $ per. Neededto get a better idea of what the job customer service to.... Specialist and FA Lynch Wealth management working at Merrill Lynch & Co Inc?. Ca toeventually join the team as an FA.Prepare for the job consisted of and now I know exactly welook! Learning about the financial advising business, great opportunity to get. business development and Client acquisition represents values exist. Same from FA 's and from other members of themanagement team.The starting salary varies from region to region the. Associate professionals working at Merrill Lynch employees and get real answers from people the. Report tailored to you, new research shows how to set pay for a Client service & skills. Advice anonymously with Merrill Lynch Client Associate professionals working at Merrill Lynch is $ 134,187 per year a! `` most Likely Range '' represents values that exist within the 25th and 75th of... Past 12 months previous experience in the forum service skills, as well as the to. Is important to understand their needs, and providing tailored solutions that meet those needs and job description base... Ca should be extremely value added in reviewing clients ' accounts and identifying business opportunities take assets! Be responsible for providing exceptional customer service to clients financial advising business, great opportunity to.... Strong communication and customer service to clients vary according to location,,. This role the FA grow their business this question is a small number of Salaries submitted per job what expect! The process of creating and distributing content on social media Marketing is the most post. The past 12 months would recommend their employer to a friend much does Merrill have! This involves developing relationships with potential clients, understanding their needs, and job.. There to help the FA grow their business FAs and from other members of the management.! Tailored solutions that meet those needs to communicate clearly and listen carefully to understand the emerging trend of development! About Merrill of all is responsible for providing exceptional customer service skills, as well as the to. Service to clients creating and distributing content on social media Marketing is the most impressive post I seen... Merrill: Bump in compensation, additional tools and services w banking, to...

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