How Much Do Financial Sales Agents Make in 2021 (including Starting Salary)

Stan T.Career, SalaryLeave a Comment

Annual Salary, Salary Range, and Highest Paying States and Industries

Financial Services Sales Agents

Financial Services Sales Agents sell financial services, such as loan, tax, and securities counseling to customers of financial institutions and business establishments.

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Table of contents
  1. Average salary
  2. Starting salary
  3. Salary rank
  4. Salary range
  5. Highest paying states
  6. Highest paying industries

Average salary

Annual salary
$96540 per year
Hourly wage
$46 per hour

Starting salary

Entry-level annual salary
$36,910 to $45,930 per year
Entry-level hourly wage
$18 to $22 per hour

Entry-level Financial Services Sales Agents with little to no experience can expect to make anywhere between $36,910 to $45,930 per year or $18 to $22 per hour. Similar to any other job, their salary will increase as they gain experience.

Salary rank

Salary rank

We wanted to make it easy for our readers to compare the salary of Financial Services Sales Agents to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.

Salary range

Level Hourly Annual
Highest (Top 10%) $100+ $208,000+
Senior (Top 25%) $56 $116,020
Middle (Mid 50%) $31 $64,770
Junior (Bottom 25%) $22 $45,930
No experience (Bottom 10%) $18 $36,910

Highest paying states

State Hourly Annual
NY $77 $160,430
CT $61 $127,300
DC $55 $113,480
MA $52 $107,400
MN $50 $104,300
KS $50 $104,250
NJ $48 $99,810
NH $48 $99,570
MT $47 $97,030
DE $45 $94,600

Another simple way to increase your salary as a Financial Services Sales Agent is to move to a higher paying state. However moving to a higher paying state like NY doesn’t guarantee that you will make more because the expenses at NY might be much higher than where you are currently living at right now.

According to BLS, the highest paid Financial Sales Agents are in the states of NY, CT, DC, MA and MN.

Highest paying industries

Salary by industry Annual Hourly
Merchant Wholesalers, Nondurable Goods $228420 $109.82
Wholesale Electronic Markets and Agents and Brokers $130160 $62.58
Securities, Commodity Contracts, and Other Financial Investments and Related Activities $128880 $61.96
Management, Scientific, and Technical Consulting Services $128080 $61.58
Local Government $122320 $58.81
Petroleum and Coal Products Manufacturing $121020 $58.18
Office Administrative Services $118100 $56.78
Merchant Wholesalers, Durable Goods $115440 $55.50
Other Investment Pools and Funds $114980 $55.28
Legal Services $110230 $52.99
Computer Systems Design and Related Services $108480 $52.16
Other Professional, Scientific, and Technical Services $107830 $51.84
Insurance and Employee Benefit Funds $106360 $51.14
Monetary Authorities-Central Bank $106110 $51.02
Management of Companies and Enterprises $105640 $50.79
Electric Power Generation, Transmission and Distribution $104780 $50.37
Employment Services $101790 $48.94
Automobile Dealers $96150 $46.22
Agencies, Brokerages, and Other Insurance Related Activities $95000 $45.68
Accounting, Tax Preparation, Bookkeeping, and Payroll Services $90970 $43.73
Natural Gas Distribution $90330 $43.43
Travel Arrangement and Reservation Services $86890 $41.78
Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers $84110 $40.44
Data Processing, Hosting, and Related Services $83790 $40.29
Nondepository Credit Intermediation $79870 $38.40
Other Motor Vehicle Dealers $75980 $36.53
Insurance Carriers $73290 $35.24
Credit Intermediation and Related Activities $69610 $33.47
Business Support Services $63810 $30.68
Business Schools and Computer and Management Training $51980 $24.99

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