What Does it Take to Be a Securities and Commodities Sales Agent?
Securities & 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.
Securities & Commodities Sales Agent Responsibilities
- Develop financial plans, based on analysis of clients’ financial status.
- Keep accurate records of transactions.
- Identify potential clients, using advertising campaigns, mailing lists, or personal contacts.
- Calculate costs for billings or commissions.
- Inform and advise concerned parties regarding fluctuations or securities transactions affecting plans or accounts.
- Relay buy or sell orders to securities exchanges or to firm trading departments.
Featured schools near , edit
Qualities of a Securities & Commodities Sales Agent
Below is a list of the skills most Securities and Commodities Sales Agents say are important on the job.
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
- Investment Banker
- Cotton Broker
- Financial Consultant
- Business Relationship Manager
- Registered Representative
Securities & Commodities Sales Agent Employment Estimates
In the United States, there were 375,700 jobs for Securities and Commodities Sales Agent in 2016. 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. Due to new job openings and attrition, there will be an average of 38,000 job openings in this field each 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?
Securities and Commodities Sales Agents make between $34,360 and $208,000 a year.
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 |
What Tools & Technology do Securities and Commodities Sales Agents Use?
Although they’re not necessarily needed for all jobs, the following technologies are used by many Securities and Commodities Sales Agents:
- 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 do I Become a Securities & Commodities Sales Agent?
What education is needed to be a Securities and Commodities Sales Agent?
How Long Does it Take to Become a Securities & Commodities Sales Agent?
Securities and Commodities Sales Agents Sector
Below are examples of industries where Securities and Commodities Sales Agents work:
Other Jobs You May be Interested In
Those interested in being a Securities and Commodities Sales Agent may also be interested in:
References:
Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic
More about our data sources and methodologies.
Featured Schools
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.
Visit School
BusinessDegreeCentral.com 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. The displayed options may include sponsored or recommended results, not necessarily based on your preferences.
© BusinessDegreeCentral.com – All Rights Reserved.