What Does it Take to Be a Securities and Commodities Sales Agent?
Position Description Buy and sell securities in investment and trading firms and develop and implement financial plans for individuals, businesses, and organizations.
List of Securities & Commodities Sales Agent Job Duties
- Review financial periodicals, stock and bond reports, business publications, or other material to identify potential investments for clients or to keep abreast of trends affecting market conditions.
- Supply the latest price quotes on any security, as well as information on the activities or financial positions of the corporations issuing these securities.
- Explain stock market terms or trading practices to clients.
- Relay buy or sell orders to securities exchanges or to firm trading departments.
- Prepare financial reports to monitor client or corporate finances.
- Prepare documents needed to implement plans selected by clients.
Qualities of a Securities & Commodities Sales Agent
These are the skills Securities and Commodities Sales Agents say are the most useful in their careers:
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.
Speaking: Talking to others to convey information effectively.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
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
- Stock Broker
- Mutual Funds Agent
- Fiscal Specialist
- Floor Broker
- Inside Sales Representative
Job Demand for Securities and Commodities Sales Agents
In 2016, there was an estimated number of 375,700 jobs in the United States for Securities and Commodities Sales Agent. 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. The BLS estimates 38,000 yearly job openings in this field.
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.
Average Securities and Commodities Sales Agents Salary
The average yearly salary of a Securities & Commodities Sales Agent ranges between $34,360 and $208,000.
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|
|District of Columbia||$103,380|
Tools & Technologies Used by Securities and Commodities Sales Agents
Below is a list of the types of tools and technologies that Securities and Commodities Sales Agents may use on a daily basis:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Web browser software
- Data entry software
- Email software
- Graphics software
- Customer relationship management CRM software
- Bloomberg Professional
- Leading Market Technologies EXPO
- Derivicom FinOptions XL
How to Become a Securities & Commodities Sales Agent
Learn what Securities and Commodities Sales Agent education requirements there are.
What work experience do I need to become a Securities & Commodities Sales Agent?
Where do Securities and Commodities Sales Agents Work?
Below are examples of industries where Securities and Commodities Sales Agents work:
Those interested in being a Securities and Commodities Sales Agent may also be interested in:
Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic
More about our data sources and methodologies.
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