What You Need to Know About Securities and Commodities Sales Agent
Job Description: Buy and sell securities in investment and trading firms and develop and implement financial plans for individuals, businesses, and organizations.
Daily Life Of a Securities & Commodities Sales Agent
- Supply the latest price quotes on any security, as well as information on the activities or financial positions of the corporations issuing these securities.
- Prepare documents needed to implement plans selected by clients.
- Interview clients to determine clients’ assets, liabilities, cash flow, insurance coverage, tax status, or financial objectives.
- Complete sales order tickets and submit for processing of client-requested transactions.
- Discuss financial options with clients and keep them informed about transactions.
- Review all securities transactions to ensure accuracy of information and conformance to governing agency regulations.
Featured schools near , edit
Qualities of a Securities & Commodities Sales Agent
When polled, Securities and Commodities Sales Agents say the following skills are most frequently used in their jobs:
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Speaking: Talking to others to convey information effectively.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Persuasion: Persuading others to change their minds or behavior.
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Types of Securities & Commodities Sales Agent Jobs
- Registered Representative
- Inside Sales Representative
- Speculator
- Account Executive
- Floor Broker
Are There Job Opportunities for Securities and Commodities Sales Agents?
There were about 375,700 jobs for Securities and Commodities Sales Agent in 2016 (in the United States). New jobs are being produced at a rate of 6.2% which is above the national average. The Bureau of Labor Statistics predicts 23,200 new jobs for Securities and Commodities Sales Agent by 2026. There will be an estimated 38,000 positions for Securities & Commodities Sales Agent per year.
The states with the most job growth for Securities & Commodities Sales Agent are Arizona, Utah, and Iowa. Watch out if you plan on working in Massachusetts, New Jersey, or Maine. These states have the worst job growth for this type of profession.
Do Securities and Commodities Sales Agents Make A Lot Of Money?
The average yearly salary of a Securities & Commodities Sales Agent ranges between $34,360 and $208,000.
Securities and Commodities Sales Agents who work in New York, South Dakota, or Connecticut, make the highest salaries.
How much do Securities and Commodities Sales Agents make in different U.S. states?
| State | Annual Mean Salary |
|---|---|
| Alabama | $82,810 |
| Alaska | $101,290 |
| Arizona | $72,750 |
| Arkansas | $74,490 |
| California | $81,610 |
| Colorado | $76,160 |
| Connecticut | $122,890 |
| Delaware | $87,390 |
| District of Columbia | $103,380 |
| Florida | $82,810 |
| Georgia | $77,000 |
| Hawaii | $85,660 |
| Idaho | $62,690 |
| Illinois | $91,640 |
| Indiana | $92,400 |
| Iowa | $75,380 |
| Kansas | $107,500 |
| Kentucky | $85,420 |
| Louisiana | $89,550 |
| Maine | $81,670 |
| Maryland | $97,570 |
| Massachusetts | $118,310 |
| Michigan | $79,320 |
| Minnesota | $104,570 |
| Mississippi | $78,220 |
| Missouri | $80,280 |
| Montana | $89,270 |
| Nebraska | $86,920 |
| Nevada | $70,480 |
| New Hampshire | $98,030 |
| New Jersey | $98,850 |
| New Mexico | $56,380 |
| New York | $161,580 |
| North Carolina | $88,810 |
| North Dakota | $100,060 |
| Ohio | $77,960 |
| Oklahoma | $78,220 |
| Oregon | $66,120 |
| Pennsylvania | $86,970 |
| Rhode Island | $100,390 |
| South Carolina | $75,120 |
| South Dakota | $113,460 |
| Tennessee | $75,610 |
| Texas | $85,720 |
| Utah | $71,460 |
| Vermont | $105,770 |
| Virginia | $90,410 |
| Washington | $79,930 |
| West Virginia | $83,930 |
| Wisconsin | $77,780 |
| Wyoming | $70,030 |
Tools & Technologies Used by Securities and Commodities Sales Agents
Below is a list of the types of tools and technologies that Securities and Commodities Sales Agents may use on a daily basis:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Web browser software
- Python
- Data entry software
- Email software
- Graphics software
- Customer relationship management CRM software
- Bloomberg Professional
- C++
- AnalyzerXL
- Derivicom FinOptions XL
- Leading Market Technologies EXPO
How to Become a Securities & Commodities Sales Agent
Individuals working as a Securities and Commodities Sales Agent have obtained the following education levels:
How Long Does it Take to Become a Securities & Commodities Sales Agent?
Securities and Commodities Sales Agents Sector
The table below shows the approximate number of Securities and Commodities Sales Agents employed by various industries.
You May Also Be Interested In…
Those thinking about becoming a Securities and Commodities Sales Agent might also be interested in the following careers:
References:
Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic
More about our data sources and methodologies.
Featured Schools
Request Info
|
Southern New Hampshire University You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs. Learn More > |
TradeCollege.org provides higher-education, college and university, degree, program, career, salary, and other helpful information to students, faculty, institutions, and other internet audiences. Presented information and data are subject to change. Inclusion on this website does not imply or represent a direct relationship with the company, school, or brand. Information, though believed correct at time of publication, may not be correct, and no warranty is provided. Contact the schools to verify any information before relying on it. Financial aid may be available for those who qualify. TradeCollege.org is a for-profit site, and the displayed options may include sponsored or recommended results, not necessarily based on your preferences.
© TradeCollege.org – All Rights Reserved.