Securities, Commodities, and Financial Services Sales Agents in Tennessee
Thinking about a career as a Securities, Commodities, and Financial Services Sales Agents in Tennessee? Here’s what you need to know. Buy and sell securities or commodities in investment and trading firms, or provide financial services to businesses and individuals. May advise customers about stocks, bonds, mutual funds, commodities, and market conditions.
What do Securities, Commodities, and Financial Services Sales Agents Make in Tennessee?
For a securities, commodities, and financial services sales agents working in Tennessee, the typical annual salary is $60,740 per year (or about $29.20/hour).Earnings range from $37,460 at the 10th percentile to $186,050 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $37,460 | $18.01 |
| 25th percentile | $47,130 | $22.66 |
| Median (50th) | $60,740 | $29.20 |
| 75th percentile | $97,750 | $47.00 |
| 90th percentile | $186,050 | $89.45 |
The job concentration index in Tennessee relative to the national average — is 0.68, suggesting fewer securities, commodities, and financial services sales agents per worker than the national average.
National Wage Comparison
Nationally, securities, commodities, and financial services sales agents earn a median of $49,944 per year ($24.01/hour), higher than the Tennessee median.
Employment Outlook
Nationally, total employment in this occupation is 1,058,168 securities, commodities, and financial services sales agents nationwide. In Tennessee alone, around 6,810 people work in this role. That puts the state above the typical state, which employs around 3,870 securities, commodities, and financial services sales agents.
Top Tennessee Metros for Securities, Commodities, and Financial Services Sales Agents
The largest metro-area employers of securities, commodities, and financial services sales agents in Tennessee.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Nashville-Davidson–Murfreesboro–Franklin, TN | 2,500 | $64,530 |
| Memphis, TN-MS-AR | 1,830 | $58,200 |
| Knoxville, TN | 790 | $55,760 |
| Chattanooga, TN-GA | 430 | $50,270 |
| Kingsport-Bristol, TN-VA | 210 | $47,150 |
| Clarksville, TN-KY | 120 | $48,080 |
| Johnson City, TN | 110 | $56,700 |
| Cleveland, TN | 80 | $47,870 |
| Morristown, TN | 50 | $47,410 |
Top States for Securities, Commodities, and Financial Services Sales Agents Employment
The table below shows the states where the most securities, commodities, and financial services sales agents work.
| State | Number Employed |
|---|---|
| New York | 60,430 |
| California | 54,170 |
| Florida | 45,570 |
| Texas | 39,900 |
| Illinois | 25,290 |
| North Carolina | 18,530 |
| New Jersey | 16,940 |
| Pennsylvania | 15,460 |
| Arizona | 14,170 |
| Georgia | 14,140 |
| Ohio | 13,340 |
| Massachusetts | 13,210 |
| Colorado | 11,960 |
| Virginia | 10,650 |
| Washington | 8,380 |
| Maryland | 7,930 |
| Minnesota | 7,690 |
| Tennessee | 6,810 |
| South Carolina | 6,360 |
| Connecticut | 6,200 |
Highest-Paying States for Securities, Commodities, and Financial Services Sales Agents
The highest-paying states for securities, commodities, and financial services sales agents.
| State | Annual Median Salary |
|---|---|
| New York | $167,040 |
| Connecticut | $130,990 |
| South Dakota | $96,960 |
| New Jersey | $96,470 |
| Massachusetts | $82,490 |
| Illinois | $82,130 |
| Vermont | $80,260 |
| Delaware | $79,800 |
| Minnesota | $79,640 |
| California | $79,140 |
Skills
Key securities, commodities, and financial services sales agents skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Key knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
Key abilities for securities, commodities, and financial services sales agents, rated on an importance scale of 0 to 5:
Daily Tasks
Securities, Commodities, and Financial Services Sales Agents typically:
- Make bids or offers to buy or sell securities.
- Monitor markets or positions.
- Agree on buying or selling prices at optimal levels for clients.
- Keep accurate records of transactions.
- Buy or sell stocks, bonds, commodity futures, foreign currencies, or other securities on behalf of investment dealers.
- Complete sales order tickets and submit for processing of client-requested transactions.
- Report all positions or trading results.
- 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.
- Identify opportunities or develop channels for purchase or sale of securities or commodities.
- Develop financial plans, based on analysis of clients' financial status.
- Review all securities transactions to ensure accuracy of information and conformance to governing agency regulations.
Work Activities
- Working with Computers
- Getting Information
- Establishing and Maintaining Interpersonal Relationships
- Making Decisions and Solving Problems
- Processing Information
- Updating and Using Relevant Knowledge
- Communicating with People Outside the Organization
- Evaluating Information to Determine Compliance with Standards
- Analyzing Data or Information
- Organizing, Planning, and Prioritizing Work
- Communicating with Supervisors, Peers, or Subordinates
- Interpreting the Meaning of Information for Others
Tools & Technology
Technologies frequently used: Hot technologies: C++, Linux, Microsoft Access In-demand technologies: Microsoft Excel
What Major Will Prepare You For This Career?
Several college majors map to this occupation:
- Finance & Financial Management
- Specialized Sales
Featured schools near , edit
Related Careers
Related occupations to securities, commodities, and financial services sales agents include:
- Financial Managers
- Investment Fund Managers
- Wholesale and Retail Buyers, Except Farm Products
- Purchasing Agents, Except Wholesale, Retail, and Farm Products
- Market Research Analysts and Marketing Specialists
- Credit Analysts
Also Known As
Account Administrator, Account Manager, Account Specialist, Bank and Savings Securities Trader, Banker, Banker Associate, Block Trader, Bond Broker, Bond Trader, Branch Banker, Branch Relationship Banker, Branch Sales Representative, Branch Service Representative, Broker, Business Banker.
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 41-3031.00
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