Been there for almost 4 years. Related Searches:All Registered Senior Client Associate Salaries|All Merrill Lynch Salaries. Reviews may also highlight any negative aspects of a company that will help in evaluating it as a prospective employer. As a client associate, you may be responsible for maintaining relationships with clients. 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. Iexpect the same from FAs and from other members of themanagement team.The starting salary varies from region to region. Any and all feedback and general experiences welcome. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Example: My boss would probably say Im very organized, always on time and able to meet deadlines. 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 As a Merrill Lynch Client Associate, it is important to stay up-to-date on industry trends and economic changes. Many earning incentives. The average salary of Merrill Lynch is $490,689 in the United States. How much does Merrill Lynch & Co Inc pay? Client Associates must also be able to build relationships with clients and maintain a high level of professionalism. now running it. It isn't unheard of for a CA to eventually join the team as an FA. Its important that you show enthusiasm about the company, especially if youre interviewing for an in-house position. The estimated additional pay is $28,121 per year. Starting as a CA is a great way to get experience in the business without the pressures that are faced by a trainee. 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 This question is a common one in interviews. Engage in conversations about Registered Senior Client Associate pay with other professionals in the community. 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. Talk with management and your FA's and let them know that you don't want to be a CA forever. Based on the company location, we can see that the HQ office of Merrill Lynch is in MIDDLESBORO, KY. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Project Management: As a client associate, you may be responsible for managing client accounts, including the creation of financial plans and investment strategies. I also have strong problem-solving skills and enjoy helping others find solutions to their problems.. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. over $100k per year. Understanding these developments and being able to explain them to your clients will give you an edge over other professionals in the field. You may also be responsible for managing client accounts and their associated paperwork. Talk with management and your FAs and let themknow that you dont want to be a CA forever. Additional pay could include bonus, stock, commission, profit sharing or tips. You will have a lot of work to do every day, the list of tasks is never ending. Some related job titles areClient Associate salaries with median pay of $63,784,Registered Client Associate salaries with median pay of $99,848,Registered Client Service Associate salaries with median pay of $74,218,Client Service Representative salaries with median pay of $41,360. Come to us in your pursuit of success. 37.5 hour work week. 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. Develop tightrelationships with clients. Example: I know Merrill Lynch has been around since 1914, which makes it one of the oldest financial institutions in the world. I work in a low paying region and a basic, non-registered CA gets little. Web1 Bank of America Merrill Lynch Client Service Representative interview questions and 1 interview reviews. Merrill Lynch Client Associates earn $40,000 annually, or $19 per hour, which is equal to the national average for all Client Associates at $40,000 annually and 49% Wealth Management is part of the Informa Connect Division of Informa PLC. A Merrill Lynch Client Associate typically has a wide range of responsibilities, which can include: The salary for a Client Associate at Merrill Lynch is determined by a variety of factors, including the individuals experience, education, and performance. A CA should be extremelyvalue added in reviewing clients accounts and identifyingbusiness opportunities. Log in or Register to post new content in the forum. The estimated base pay is $54,026 per year. Level of Education: Gaining advanced degrees Help make it more accurate by adding yours. Change of employer: 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. Additionally, applicants must be able to pass a background check and drug test. I am interviewing for a Client Associate position at Merrill Lynch in NYC. The CA is there to help the FA grow their business. They all happen to start with the letter P. Base pay is terrible and nearly impossible to negotiate with management. Merrill Lynch 3.8. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. This number represents the median, which is the midpoint of the One of the bigger producers in my office is a woman who was formerly a By understanding current market conditions, you can anticipate potential risks and opportunities for your clients. tdog1: A retail sales assistant is NOT a way to start a career in trading. Anyone have any thoughts on Merrill Lynch Wealth Management? Learn how this feature works. Very helpful stuff. I'd 'almost' be willing to work ther if I'd not already tasted the sweet wine of Indy life! A. Merrill Lynch Life Agency Inc. merrill lynch Merrill Lynch should transfer the money to the estate account you have already or will have created in that case. WebWhen we joined Merrill Lynch we were a team of five. 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. Miami, FL 33131 (Brickell area) +126 locations. The CA position is at its base, a secretarial position. About to burn Merrill Lynch office to the ground. The estimated total pay for a Client Service Associate at Merrill Lynch is $81,806 per year. Am I overqualified? It is also important to be aware of emerging technologies and how they are impacting the financial sector. Here's what people are saying about Merrill Lynch. I also worked with other Merrill Lynch employees, such as investment advisors and financial planners. advisor. I have excellent communication skills and am highly organized. Averages based on self-reported salaries. Help make it more accurate by, Native Hawaiian or Other Pacific Islander, All Registered Senior Client Associate Salaries, Registered Senior Client Associate Career, average salary for a Registered Senior Client Associate is $69,121 per year in United States, Registered Senior Client Associate Salaries. Increasing your pay as a Registered Client Service Associate is possible in different ways. 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. 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. You canlearn the way things work and how to get answers. I also know that it was acquired by Bank of America in 2009, but still operates as a separate entity. I interviewed a prospective CA on Friday that I hope we can get because she is exactly what we look for in that position. Thank you very much everyone. 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. 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. Client associates need to be able to listen to their clients needs and develop a plan that meets those needs. 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. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. What your skills are worth in the job market is constantly changing. Yourbest bet is to take a salary you can live with, get licensed ifyoure not already and start working. 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. want to consider a lesser job of trading support. Salaries at Merrill Lynch & Co Inc range from an Pros to Merrill: Bump in compensation, additional tools and services w banking, ability to take over assets. Really good stuff. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Lines and paragraphs break automatically. Get a free, personalized salary estimate based on today's job market. game without laying it all on the line just yet. Be the first to submit Merrill Lynch reviews, DAVID G. SANFORD, MD & HOLLY BOOTH, OD, PSC, FT - Family Law Paralegal Marietta (2219), FT Administrative Assistant/Research Assistant - Perimeter Area (2202). Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. The best thing is the amount they match, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. Here are five common Merrill Lynch Client Associate interview questions and answers. Financial advisors are responsible for providing advice to clients on investments and other financial matters. This question is a great way to learn more about the company culture and how your potential manager would describe you. Can anyone tell me a little about this position? 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. By understanding the importance of relationships, client associates can ensure they are providing the highest level of service to their clients. Merrill Lynch. My ability to multitask and communicate effectively with others has helped me succeed in previous roles.. I work in a lowpaying region and a basic, non-registered CA gets little. The average salary for a Client Associate is $49,424 per year in United States, which is 46% lower than the average Merrill Lynch salary of $92,224 per year for this job. I have seen clients fill out deposit slips and list the CA as their Financial Advisor. Employers ask this question to learn more about your personality and how you might fit into their company culture. Use your answer to highlight any skills or experiences that helped you work well with others and collaborate on projects. Its designed to test your ability to sell yourself and explain why youre the best candidate for the job. Pros to EJ: Have my own office, a year or two away from partnership, great office setting and client satisfaction. an excellent training ground for one day becoming a financial This is a higher than average score with the overall rating of Merrill Lynch employees being 3.8 out of 5 stars. Averages based on self-reported salaries. Averages based on self-reported salaries. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. The work environment is fast-paced and demanding, and Client Associates must be able to handle multiple tasks and prioritize their workload. The estimated total pay for a Wealth Management Client Associate at Merrill Lynch is $109,893 per year. 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. 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. One, your FAs recognise the valueyou bring and they add supplemental comp or other FAs ormanagement recognise your abilities and you get a new teamthat is willing to pay you more. is a secretary position at first but you must have skills in order to The estimated total pay for a Client Associate at Merrill Lynch is $92,224 per year. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. 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