How much do stockbrokers make in New York?
Stockbrokers working with smaller companies and those who work for private clients might make about $40,000 per year. Stockbrokers working for larger companies might make closer to $100,000 per year. That’s still not enough to live comfortably on for a family of four, so these stockbrokers often supplement their income with a second job. Some stockbrokers work as mortgage brokers, helping clients find the best interest rates. Others work in finance, helping companies manage their assets
How much do stockbrokers make in NY?
The average salary for stockbrokers varies widely depending on their experience and the firm they work for. If you want to be a full-service stockbroker working in the traditional model, you can expect to earn between $50,000 and $100,000 a year. Investment bankers and stock traders earn more money than the average stockbroker. The average salary for investment bankers is between $100,000 and $200,000, while stock traders have an annual salary of $200,
How much does a stock broker make in New York?
The cost of living in New York City is incredibly high. Generally speaking, if you’re looking for a high-paying job, you’re going to have to be prepared to pay a higher salary than you might in other areas. Stockbrokers and financial services professionals are no exception. While there are a number of different factors which can affect the salary of a stockbroker in any given location, for the most part, the salary of a stock broker is directly related to their
How much do stock brokers make in NY?
In 2017, the average salary for a stock broker in New York was $72,396. The top 10% of stock brokers in New York made more than $118,000. The salary of stock brokers has grown 12.9% since 2006. Before 2006, the average salary for a stock broker in New York was $56,000. The current salary for stock brokers is about $9,600 more than the same position 10 years ago.
How much do you make as a stock broker?
New York stockbrokers typically make between $65,000 and $80,000 per year. That’s according to the Bureau of Labor Statistics and the National Association of Securities Dealers. If you’re looking for a more specific number, sites like PayScale and Indeed can help you find a salary breakdown based on your experience level, location, and other factors.
