Broker Salaries

1. San Francisco, CA
   Average Salary: $149,958
   San Francisco boasts a thriving job market for those in the brokering field. The city's diverse economy supports many financial and tech companies. Look for opportunities with giants like Goldman Sachs.
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2. Cincinnati, OH
   Average Salary: $145,213
   Cincinnati provides a stable environment for brokers. The city's strong presence in banking and insurance makes it a great place to work. Companies like Fifth Third Bank are active in this field.
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3. Los Angeles, CA
   Average Salary: $115,696
   Los Angeles offers a dynamic market for brokers. With a diverse economy, it presents many opportunities. Companies like Merrill Lynch offer strong positions.
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4. Chicago, IL
   Average Salary: $113,324
   Chicago's robust financial sector makes it ideal for brokers. The city's banks and investment firms provide numerous job openings. Look for roles at JPMorgan Chase.
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5. Miami, FL
   Average Salary: $106,587
   Miami's diverse economy offers a range of opportunities for brokers. The city's banking sector and investment firms create a bustling job market. Work with companies like Raymond James Financial Services.
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6. Seattle, WA
   Average Salary: $104,033
   Seattle has a vibrant market for professionals in the brokering field. The city's tech boom and strong financial sector offer many job opportunities. Companies like BofA Securities provide excellent positions.
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7. Houston, TX
   Average Salary: $100,687
   Houston's dynamic economy offers many chances for brokers. The city's strong presence in energy and finance creates a robust job market. Consider positions with firms like Wells Fargo.
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8. Charlotte, NC
   Average Salary: $97,738
   Charlotte stands out for its strong banking industry. It offers a stable environment for brokers. Companies like Bank of America make it an attractive place to work.
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9. Denver, CO
   Average Salary: $96,943
   Denver provides a growing market for brokers. The city's economy offers many opportunities. Look for roles with firms such as Morgan Stanley.
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10. Tampa, FL
    Average Salary: $96,357
    Tampa's diverse economy creates a strong market for brokers. The city's financial sector and insurance firms offer many job opportunities. Companies like Edward Jones provide excellent positions.
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1. Guy Carpenter
   Average Salary: $225,000
   Guy Carpenter offers exciting Broker positions with competitive salaries. This global leader in insurance and risk management operates in numerous global locations, including New York, London, and Hong Kong. They focus on providing tailored risk solutions to clients.
   

   
   

2. Aon
   Average Salary: $130,941
   Aon is a world leader in risk, retirement, and health solutions. They offer many opportunities for Brokers and operate in major cities worldwide, including Chicago and Dublin. Aon values a diverse and inclusive workforce and offers robust career growth.
   

   
   

3. Ryan Specialty Group
   Average Salary: $116,346
   Ryan Specialty Group provides innovative insurance and risk management services. They have offices in major cities across the US and Canada, such as Toronto and Los Angeles. Their focus is on creating a supportive and inclusive work environment.
   

   
   

4. Colonial Life & Accident Insurance Co.
   Average Salary: $112,372
   Colonial Life & Accident Insurance Co. offers competitive salaries for Brokers. They operate in several US states, with major offices in Columbia, SC, and Miami, FL. They are committed to providing excellent customer service and a positive work culture.
   

   
   

5. First Choice Business Brokers
   Average Salary: $106,029
   First Choice Business Brokers specializes in business sales and transfers. They have offices in several US locations, including Atlanta and Denver. They focus on providing personalized service and expert guidance to clients.
   

   
   

6. Hub International
   Average Salary: $103,077
   Hub International is a leading insurance brokerage and consulting firm. They have a global presence with major offices in cities like Chicago and Toronto. They offer many opportunities for career growth and professional development.
   

   
   

7. CRC Group
   Average Salary: $91,845
   CRC Group is a top insurance brokerage and consulting firm. They have offices in several US cities, including Chicago and New York. They focus on providing tailored insurance solutions and a supportive work environment.
   

   
   

8. Windermere Real Estate
   Average Salary: $91,762
   Windermere Real Estate offers competitive salaries for Brokers. They have many locations across the US, including Palm Beach and Aspen. They focus on providing personalized real estate services and a positive work culture.
   

   
   

9. Molina Healthcare
   Average Salary: $89,568
   Molina Healthcare provides health insurance solutions. They operate in several US states, with major offices in Long Beach, CA, and Tampa, FL. They focus on providing quality healthcare services and a supportive work environment.
   

   
   

10. Risk Placement Services, Inc
    Average Salary: $87,263
    Risk Placement Services, Inc. is a leading insurance brokerage. They have offices in major US cities, including Los Angeles and New York. They focus on providing tailored insurance solutions and a positive work culture.
    

Aspiring brokers looking to earn more can enhance their income through several strategic approaches. Gaining industry-specific expertise can provide a significant edge. Brokers who specialize in areas like real estate, insurance, or commodities can command higher fees by demonstrating a deep understanding of market trends and client needs. Networking effectively with other professionals can also lead to more lucrative deals. Building strong relationships can result in referrals and increased business opportunities.

Expanding service offerings can create new revenue streams. Brokers who offer a range of services, such as consulting, training, and custom solutions, can attract more clients and increase their earnings. Continuous education and certification can also improve earning potential. Staying updated with the latest trends and obtaining recognized certifications can make a broker more valuable to clients. Effective marketing and branding can also enhance a broker's income. A strong online presence and professional branding can attract more clients and command higher fees.

Here are five key factors to consider:

1. Gain expertise in specialized areas
2. Build a strong professional network
3. Expand service offerings
4. Continuously update skills and certifications
5. Develop effective marketing strategies