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.
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.
receive orders, generally in person, for repairs, rentals, and services. May describe available options, compute costs, and accept payment.
sell goods for wholesalers or manufacturers where technical or scientific knowledge is required in such areas as biology, engineering, chemistry, and electronics, normally obtained from at least 2 years of post-secondary education.
solicit donations or orders for goods or services over the telephone.
buy and sell securities in investment and trading firms and develop and implement financial plans for individuals, businesses, and organizations.
sell merchandise, such as furniture, motor vehicles, appliances, or apparel to consumers.
Related career information
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