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Salary and Benefits

Registered Representative
$52K-$64K / yr. (est.)
$53K
$58,530 / year
$64K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Registered Representative

What does a Registered Representative do?

Working as Registered Representatives, our primary responsibility is to manage all the trading calls from customers. We provide assistance to the customers in explaining the equity, fixed income, and other mutual fund trades. We maintain the overall brokerage industry and ensure that all the policies that are designed by the company comply with the federal and state regulations. Being Registered Representatives, we are accountable for interacting with the customers and defining the account information and procedures to them for clearing their confusions and queries. In this role we do not have the right to provide any recommendations or advice for executing changes in the existing statutes are modules.

Core tasks:

  • communicating with the customers
  • providing constant support to the clients
  • helping the company in growing its financial services
  • driving constant improvement in the company
  • performing other tasks as assigned

Insights

How Many Years of Experience Do Professionals Need Before Becoming Registered Representative?
On average, people work 5-7 years in other positions prior to becoming a Registered Representative.
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Registered RepresentativeHouston, TX - 10 months ago
What's the big deal, y'all? It's just a matter of getting some real-life knowledge and building up your industry expertise before taking on the Registered Representative role. 🤷
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Registered RepresentativeMiami, FL - 10 months ago
💪 I've been in the game for seven years, start to finish! That's dedication and commitment, my friends. Only the strong survive in this industry.
How Long Do Registered Representative Employees Typically Stay in Their Roles?
On average, Registered Representatives works in this position for 5+ years across multiple employers.
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Stock BrokerMiami, FL - 10 months ago
This infographic fails to emphasize how much passion and dedication it takes to work as a RR. We always strive to provide the best service for our clients! 💪
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Financial AnalystSan Francisco, CA - 10 months ago
I agree with the RR's 5+ years of experience, but they need to be more consistent with their employment. How can they build trust and expertise when jumping from job to job? 🤔
What Is the Job Hopper Score for Registered Representative Employees?
Frequent job changes in Registered Representative, indicating a willingness to change companies and roles more frequently.
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Wealth ManagerHouston, TX - 10 months ago
I agree that frequent job changes can be seen as a desire for growth, but it also raises concerns about the ability to build and maintain long-term client relationships. Have a mixed opinion on this one.🤔
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Financial AnalystMiami, FL - 10 months ago
Different strokes for different folks! Some job changes can lead to better opportunities and broader skill sets, while other times it could indicate a lack of stability. It's a case-by-case basis. 😊

Career path

Path to job

Discover a Registered Representative's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Registered Representative typically studied at.
Arizona State University-Tempe
College for Financial Planning

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Registered Representative Employees?
Gender ratio in Registered Representative position: 0.802719773137407 Male and 0.197280226862593 Female. Age ratio in Registered Representative position: 16-20: 4%, 21-30: 60%, 31-40: 18%, 41-50: 11%, 51-60: 6%, 60+: 1%. Registered Representative position is predominantly male (80.3%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Registered RepresentativePhiladelphia, PA - 10 months ago
I'm in the 41-50 age group and feel like one of the dinosaurs here. The industry needs to value experience and provide more room for older professionals. 🦖
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Registered RepresentativeSan Francisco, CA - 10 months ago
To my fellow 31-40-year-olds, let's step up our game and make our presence felt! We're still relevant, despite what the stats say. 💪

Workplaces

Who Are the Top Employers for Registered Representative?
Top employers of Registered Representative position: Cetera Advisor Networks, LPL Financial, New York Life. People who work in Registered Representative position most typically go on to work for the Cetera Advisor Networks.
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Registered RepresentativeChicago, IL - 10 months ago
New York Life is the place to be for Registered Representatives! They have a strong reputation and offer comprehensive training programs.
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Registered RepresentativeHouston, TX - 10 months ago
None of the above! Cetera Advisor Networks doesn't provide enough support, LPL Financial has too many hidden fees, and New York Life has high-pressure sales tactics. I'll find a better employer!
Cetera Advisor Networks
LPL Financial
New York Life
What Industries Does Registered Representative Typically Have Experience In?
Industry Background: The most typical industries of Registered Representative: Finance & Insurance, Professional / Scientific / Technical, Administrative & Support, Real Estate / Rental / Leasing, Information Technology. Registered Representative employees most likely come from a Finance & Insurance industry background.
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Registered RepresentativeHouston, TX - 10 months ago
Handling sensitive financial information is no joke. One mistake and your reputation can go down the drain! Can be nerve-wracking, I tell ya! 😬
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Registered RepresentativeMiami, FL - 10 months ago
Being a Registered Representative in the finance industry requires resilience. The late nights, the demanding clients, it takes its toll! But with determination, success is around the corner! 🌟

Find your job as Registered Representative

Discussion about Registered Representative

Want to know more about Registered Representative position?
Share your thoughts and ideas about Registered Representative position with others in our community.
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What is the women/men ratio in the job of Registered Representative?
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Liam Brown3 years ago
More men than women work as a Registered Representative.
What is the typical age of people who work as a Registered Representative?
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Liam Brown3 years ago
31 is the average age of people working as a Registered Representative.
Is a Registered Representative considered to be a senior profession?
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Isabella Holmes3 years ago
6 years of experience is needed on average for a Registered Representative.
Which industries should a Registered Representative consider working in?
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Liam Brown3 years ago
Finance & Insurance employs the most.
What kind of higher education a Registered Representative need?
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Liam Brown3 years ago
Most people have a Bachelor of Science degree
Which company are you working for as a Registered Representative?
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Benjamin Gardner3 years ago
Cetera Advisor Networks, LPL Financial, New York Life, NYLIFE Securities LLC and Transamerica Financial Advisors, Inc. has the most employees.
How long do you usually work as a Registered Representative before changing to another position?
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Liam Brown3 years ago
A Registered Representative typically moves on after more than 5 years
How common is it for a Registered Representative to jump from company to company?
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Benjamin Gardner3 years ago
Getting experience working for multiple companies is typical for a Registered Representative.
What jobs do people work in before becoming a Registered Representative?
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Sophie Hayes3 years ago
Typical prior positions for a Registered Representative are Financial Advisor, Agent or Vice President
What can be the next step in your career path from Registered Representative?
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Liam Brown3 years ago
Consider the following: Financial Advisor, Investment Advisor or Vice President
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Disclaimer

informationLENSA generates certain information provided on this website by compiling and analyzing publicly available data and data from employees/former employees. All company names are the registered trademarks of their original owners. The use of any trade name or trademark does not imply any association with the third-party company. None of the information provided is endorsed in any way by any of the companies mentioned. We do not guarantee the accuracy, currency, or suitability of this information (including regarding demographics or salary estimate) and you are responsible for how you use it. ALL INFORMATION IS PROVIDED “AS IS” AND “WITH ALL FAULTS”. We are not responsible for nor endorse third party content on our website. If you notice any inaccurate information or information you think is proprietary you can email us at [email protected]. See our Terms and Conditions and Community Guidelines for more information.