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Branch Manager Salary

$148,083 (USD)

Average Salary

$71/hr

Average Hourly

$12,113

Average Bonus

Last updated: December 08, 2019

The average pay for a Branch Manager is $148,083 a year and $71 an hour in the United States. The average salary range for a Branch Manager is between $108,316 and $181,229. On average, a Bachelor's Degree is the highest level of education for a Branch Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Description:
  • Directs and coordinates activities concerned with buying or selling investment products and financial services, such as securities, insurance, and real estate, for clients of brokerage firm: screens, selects, and hires registered representatives and other employees.
  • Directs inservice training to improve client services and increase sales volume.
  • Develops and implements plans to ensure compliance of workers with established programs, procedures, and practices.
  • Establishes internal control procedures to control margin accounts, short sales, and options and to reduce office errors and client complaints.
  • Reviews recapitulation of daily transactions to ensure accordance with rules and regulations of government agencies, regulatory bodies, and securities exchanges.
  • Analyzes operations to determine areas where cost reductions could be implemented or program improvements initiated.
  • Evaluates profitability of gross sales and transactions.
  • Conducts staff meetings of personnel to discuss changes in policy, redirection of sales emphasis to other programs, or to propose methods and procedures to increase firm's share of local market and trade volume.
  • Explains firm's research and customer service facilities and how use of facilities can promote customer relations and sales.
  • Prepares activity reports for evaluation by management.
  • May be required to have securities agent license.
  • May be required to have experience in certain type of brokerage office managed, such as full-service brokerage office, discount brokerage office, or full-service/discount brokerage office.
Branch Manager Job Prevalence in the United States

Job family: Financial Managers

Job family population: 608,120

Estimated population of Branch Manager jobs: 3,570

Rate of error: 0.6%

Estimated salary in 2024:
$171,669
5 Year Change:
16 %
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About United States

United States Cost of Living Score:

Description: The United States of America (USA), commonly known as the United States (U.S. or US) or simply America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles (9.8 million km2), it is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe. Most of the country is located in central North America between Canada and Mexico. With an estimated population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the...

Branch Manager Job Listings for United States

Branch Manager
Dec 8
Wichita, Kansas, USA
Nations Lending Corporation
The Branch Manager will be responsible for all efficient daily operations of the branch including lending, product sales, customer service, employee supervision, and ensuring that safety and ...
Assistant Branch Manager
Dec 6
Fresno, CA, USA
State Bank of India (California)
Our Fresno Branch is seeking an experienced Assistant Branch Manager to manage the operations segment of the Branch. This highly organized and detail oriented individual will be responsible for ...
Branch Manager
Dec 6
Largo, FL, USA
Electrodes Inc
BRANCH MANAGER: The Branch Manager is responsible for maintaining the company's EDM Consumable Products business through inbound phone calls and a sales delivery route. Provides sales support to ...
Assistant Branch Manager
Dec 6
Bristol, TN, USA
Bright Services
The Assistant Branch Manager (M/F) will be trained in all branch operations including inside-outside business development procedures of our full-service staffing business model. Characteristics of ...
Assistant Branch Manager
Dec 6
San Francisco, CA, USA
Pestec
San Francisco Magazine 'Best of the Bay' two years in a row * 'People Love Us On Yelp' award three years in a row The Position We're looking for an Assistant Branch Manager to join our team. You will ...

The average pay for a Branch Manager is $148,083 a year and $71 an hour in the United States. The average salary range for a Branch Manager is between $108,316 and $181,229. On average, a Bachelor's Degree is the highest level of education for a Branch Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Salaries By Location

Branch Manager
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Branch Manager
Dec 8
Wichita, Kansas, USA
Nations Lending Corporation
The Branch Manager will be responsible for all efficient daily operations of the branch including lending, product sales, customer service, employee supervision, and ensuring that safety and ...
Assistant Branch Manager
Dec 6
Fresno, CA, USA
State Bank of India (California)
Our Fresno Branch is seeking an experienced Assistant Branch Manager to manage the operations segment of the Branch. This highly organized and detail oriented individual will be responsible for ...
Explore our most popular jobs
View our most popular salary searches and other resources