Financial Services Sales Agents sell financial services, such as loan, tax, and securities counseling to customers of financial institutions and business establishments.
- Determine customers’ financial services needs and prepare proposals to sell services that address these needs.
- Prepare forms or agreements to complete sales.
- Sell services or equipment, such as trusts, investments, or check processing services.
- Contact prospective customers to present information and explain available services.
Interested in becoming a Financial Services Sales Agent? Find the right schools that can help you to become one. This service is free thanks to our sponsors.View available schools
Financial Services Sales Agents with little to no experience tend to make between $34360 and $42650 while the more experienced ones can earn over $123320 per year.
|Top 5 paying states||Hourly||Annual|
One of the easiest ways to increase your salary as a Financial Services Sales Agent is to move to a higher paying state like NY. Right now, the highest paying states for Financial Services Sales Agents are NY, CT, MA, SD and KS.
However, a higher pay at NY doesn’t guarantee that you will make more because the living expenses at NY might be twice as high than where you are currently at now.
Three other factors that can increase your salary as a Financial Services Sales Agent is the degree you hold, the industry you work in, and lastly the company you work for.
We asked other Financial Services Sales Agents what degree they had when they got the job and most of them said they had a High School Diploma followed by a Bachelor’s Degree.
Other than that, we also asked them what did they major in and here are the most popular majors that came up.
|Financial Planning and Services|
|Investments and Securities|
|Business and Personal/Financial Services Marketing Operations|
Pros and Cons
Here are some of the pros and cons of being a Financial Services Sales Agent.
|Suitable for people who likes to start and carry out projects|
|Suitable for people who wants job security and a good working condition|
|This career is perfect for people who love to work indoors.|
|It is not too difficult to get into this career. Previous work-related skill, knowledge, or experience is required for this career.|
|Demand for this career is growing fast|
|Not suitable for people who likes practical and hands-on work|
|Long working hours (More than 40 hours per week)|
What is the job like
63% of Financial Services Sales Agents said they were satisfied with their job and 42% said they feel like their job is making other people’s lives better.
Is this right for me
You can read more about these career personality types here.
People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business..
They also like following set procedures and routines. They like working with data and details more than with ideas.
directly supervise and coordinate activities of retail sales workers in an establishment or department. Duties may include management functions, such as purchasing, budgeting, accounting, and personnel work, in addition to supervisory duties.
plan and sell transportation and accommodations for travel agency customers. Determine destination, modes of transportation, travel dates, costs, and accommodations required. May also describe, plan, and arrange itineraries and sell tour packages. May assist in resolving clients' travel problems.
sell business goods or services, the selling of which requires a technical background equivalent to a baccalaureate degree in engineering.
contact new or existing customers to determine their solar equipment needs, suggest systems or equipment, or estimate costs.
buy and sell securities and commodities to transfer debt, capital, or risk. Establish and negotiate unit prices and terms of sale.
Related career information
Financial Services Sales Agents job description, Financial Services Sales Agents salary, Financial Services Sales Agents information, what is the job of a Financial Services Sales Agent like, pros and cons about Financial Services Sales Agents, colleges and universities for Financial Services Sales Agents, is Financial Services Sales Agents the right career for me, careers in Sales and Marketing
Account Executive, Business Banker, Chartered Financial Analyst (CFA), Client Manager, Finance Specialist, Financial Consultant, Financial Report Service Sales Agent, Financial Services Representative, Financial Services Sales Representative, Financial Specialist