Securities and Commodities Sales Agents: Salary, Job Description, How To Become One, and Quiz

Stan T.Career, OverviewLeave a Comment

Job description

Securities and Commodities Sales Agents buy and sell securities in investment and trading firms and develop and implement financial plans for individuals, businesses, and organizations.

  • Keep accurate records of transactions.
  • Complete sales order tickets and submit for processing of client-requested transactions.
  • Interview clients to determine clients’ assets, liabilities, cash flow, insurance coverage, tax status, or financial objectives.
  • Discuss financial options with clients and keep them informed about transactions.
Read more about what does a Securities and Commodities Sales Agent really do at work and what is it like being and working as one.



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Salary

Average salary
$98770 per year

Average hourly wage
$47 per hour


Securities and Commodities 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 statesHourlyAnnual
NY$78$161,580
CT$59$122,890
MA$57$118,310
SD$55$113,460
KS$52$107,500

One of the easiest ways to increase your salary as a Securities and Commodities Sales Agent is to move to a higher paying state like NY. Right now, the highest paying states for Securities and Commodities 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 Securities and Commodities Sales Agent is the degree you hold, the industry you work in, and lastly the company you work for.


Requirements

Recommended degree level
Bachelor’s Degree

We asked other Securities and Commodities Sales Agents what degree they had when they got the job and most of them said they had a Bachelor’s Degree followed by a Post-Baccalaureate Certificate.

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
Read more about how to become a Securities and Commodities Sales Agent and the degree, training and education you need.

Pros and Cons

Here are some of the pros and cons of being a Securities and Commodities Sales Agent.

PROS
Suitable for people who likes to start and carry out projects
Suitable for people who values achievements and are results-oriented
This career is perfect for people who love to work indoors.
One of the highest paid careers in the world
CONS
Not suitable for people who likes to work with designs
It is hard to get into this career. A considerable amount of work-related skill, knowledge, or experience is required for this career.
Long working hours (More than 40 hours per week)

What is the job like

Job satisfaction
67%

Is this job meaningful
41%


67% of Securities and Commodities Sales Agents said they were satisfied with their job and 41% said they feel like their job is making other people’s lives better.


Is this right for me

Best personality for this career
The Entrepreneurs and The Organizers

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.




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Related career information

Securities and Commodities Sales Agents job description, Securities and Commodities Sales Agents salary, Securities and Commodities Sales Agents information, what is the job of a Securities and Commodities Sales Agent like, pros and cons about Securities and Commodities Sales Agents, colleges and universities for Securities and Commodities Sales Agents, is Securities and Commodities Sales Agents the right career for me, careers in Sales and Marketing

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