How does my stock broker get paid
A mid-career Stock Broker with 5-9 years of experience earns an average total compensation of $65,088 based on 45 salaries. An experienced Stock Broker with 10-19 years of experience earns an average total compensation of $81,951 based on 38 salaries. In their late career (20 years and higher), Let’s divide the investment advisor world into two distinct groups. There are ‘brokerage firm advisors’ and there are ‘fiduciary financial advisors’. The brokers are salespeople. They get paid to sell you transactions. The bigger the transaction, the more money they make whether or not you do well.