How much does an insurance wholesaler make?
Life Insurance Wholesaler Salary
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $150,000 | $12,500 |
| 75th Percentile | $95,000 | $7,916 |
| Average | $74,732 | $6,227 |
| 25th Percentile | $42,000 | $3,500 |
How much do you make at Manulife?
The average estimated annual salary, including base and bonus, at Manulife is $130,277, or $62 per hour, while the estimated median salary is $134,119, or $64 per hour.
Do internal wholesalers receive salary?
How much does an Internal Wholesaler make? The average Internal Wholesaler in the US makes $53,510. The average bonus for an Internal Wholesaler is $1,062 which represents 2% of their salary, with 100% of people reporting that they receive a bonus each year.
How much does an annuity wholesaler make?
Annuity Wholesaler Salary
| Annual Salary | Weekly Pay | |
|---|---|---|
| Top Earners | $93,500 | $1,798 |
| 75th Percentile | $70,000 | $1,346 |
| Average | $63,320 | $1,217 |
| 25th Percentile | $52,000 | $1,000 |
What is an external wholesaler?
An external wholesaler is a sales representative employed by an investment firm who is tasked with persuading licensed agents to sell the firm’s products and services. Most firms also require wholesalers to have a broad knowledge of the securities industry.
What does a mutual fund wholesaler do?
An asset management company, which creates and manages mutual funds, employs a mutual fund wholesaler, also known as a mutual fund representative, to sell the product to resellers. Typically, the wholesaler is a salesperson.
Does Manulife pay well?
How much does Manulife pay? The average Manulife salary ranges from approximately $46,026 per year for a Licensed Insurance Advisor to $179,608 per year for an Assistant Vice President.
Is Manulife a good company to work for?
Manulife is an excellent place to work. The work/life balance is excellent and my managers and coworkers are amazing. Only con is that unless you are in the head office, there is very little opportunity for advancement.
What is the average salary of a wholesaler?
$41,589
Average salaries by Province
| Alberta | $41,589 |
|---|---|
| British Columbia | $58,497 |
| Manitoba | $44,321 |
| New Brunswick | $65,756 |
| Newfoundland | $67,803 |
What is a internal wholesaler?
The Internal Wholesaler assists in raising and retaining assets within a geographic territory by making proactive phone calls to financial advisers to share sales ideas, provide product information, investment updates and offer sales support.
How much money does a wholesaler make?
4. Wholesaling Is Lucrative. On average, real estate wholesalers can expect to make between $5,000-$10,000 in commission per property. Once you have a property, a contract, and an interested buyer, this process can move quickly.
What is a financial wholesaler?
In the financial services industry, a wholesaler can also be a sponsor of a mutual fund or act as an underwriter in a new issue. Typically, the wholesaler is a salesperson. In this case, the wholesaler distributes access to mutual funds to companies that wish to make them available to investors.
