$30KNew York City, NYAnonymous Employee Average Salary at Merrill Lynch·
-$40K (80%) less than national average Anonymous Employee salary ($70K)
-$35K (73%) less than average Merrill Lynch salary ($65K)
"As an intern, i earned slightly above NYC minimum wage requirements, but it was ample for my lifestyle since I am a student living at home. I assume competitors charged interns the same or more due to the hours they completed throughout the week."
$45KBeverly Hills, CAAnonymous Employee Average Salary at Merrill Lynch·
-$25K (43%) less than national average Anonymous Employee salary ($70K)
-$20K (36%) less than average Merrill Lynch salary ($65K)
$55KChandler, AZAnonymous Employee Average Salary at Merrill Lynch·
-$15K (24%) less than national average Anonymous Employee salary ($70K)
-$10K (16%) less than average Merrill Lynch salary ($65K)
"I do not know."
$60KBradley Beach, NJAnonymous Employee Average Salary at Merrill Lynch·
-$10K (15%) less than national average Anonymous Employee salary ($70K)
-$5K (8%) less than average Merrill Lynch salary ($65K)
"I would like to be making more than I currently am at my position"
-$10K (15%) less than national average Anonymous Employee salary ($70K)
-$5K (8%) less than average Merrill Lynch salary ($65K)
"The industry has taken a significant hit to FA compensation. The amount of energy to build a book does not reflect in the compensation opportunity like it once did."
$60KSan Jose, CAAnonymous Employee Average Salary at Merrill Lynch·
-$10K (15%) less than national average Anonymous Employee salary ($70K)
-$5K (8%) less than average Merrill Lynch salary ($65K)
"It is performance based job. I worked on my own goals of compensation."
$65KChattanooga, TNAnonymous Employee Average Salary at Merrill Lynch·
-$5K (7%) less than national average Anonymous Employee salary ($70K)
Equal to average Merrill Lynch salary ($65K)
"The base salary is very competitive. The bonus/commission structure is a little hard to comprehend, particularly when first building a book of business. However, it can be very lucrative if you are able to survive the initial years."
$65KFrisco, TXAnonymous Employee Average Salary at Merrill Lynch·
-$5K (7%) less than national average Anonymous Employee salary ($70K)
Equal to average Merrill Lynch salary ($65K)
"I don't know what competitors were offering their newly hired FAs, but it was a good amount to live on while working in the industry"
$65KSan Diego, CAAnonymous Employee Average Salary at Merrill Lynch·
-$5K (7%) less than national average Anonymous Employee salary ($70K)
Equal to average Merrill Lynch salary ($65K)
"Average"
$68KLeawood, KSAnonymous Employee Average Salary at Merrill Lynch·
-$2K (2%) less than national average Anonymous Employee salary ($70K)
+$3K (4%) more than average Merrill Lynch salary ($65K)