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Pay passes $420,000 for Wall Street’s broker dealers

Average salary and bonus for broker-dealer firm employees rises to $422,500 in New York City

The average compensation for employees of Wall Street firms climbed more than 10% last year, according to a report released Monday.

The average salary and bonus for employees at broker-dealer firms in New York City increased to $422,500 in 2017 and to $389,000 for securities-industry employees on Long Island, according to New York State Comptroller Tom DiNapoli’s annual survey.

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