I am needing some advice on competitive compensation. I currently hold the Series 66 and Series 7 certifications and have 3 yrs of experience at my job. I also recently earned a B.A.A. Currently, I make $38k gross with no comp / bonus potential. I have a coworker with the same qualifications plus 5 more yrs of experience who is making less than $55k. | live in the Midwest so I know compensation is often lower than industry average, but is this a competitive wage? Thank you!

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Posting as :
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What is your role?

At my firm we are paying licensed entry level CSA’s $60,000.

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There are a lot of different structures out there. I would say your coworker is not at a competitive at all. If you see yourself as a registered support professional in the coming years, it should be higher.

I’m not sure if the advisor/team pays for your salary or if the firm does, but it’s commonplace for the advisors to pay/bonus additional if the firm is light.

Look at Fidelity for better pay compared to what you have now

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Come to New York City and work for our team! You may make more like you’ll also have to live with several roommates because cost of living is out of control here

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Move to a bank

How do you build a book starting from zero?

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