Securities, Commodities, and Financial Services Sales Agents

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.

SOC: 41-3031.00

Common Job Titles

BrokerEquity TraderFinancial AdvisorFinancial Consultant

What You'll Need to Succeed

AI-generated

Key competencies for this occupation at a glance

  • KnowledgeAnalyze market trends, financial data, and securities performance using Bloomberg Professional and analytical software to inform investment recommendations.
  • KnowledgeEvaluate client financial portfolios and investment objectives independently assessing risk tolerance and market conditions to determine compliance with financial goals.
  • MindsetIntegrate customer service principles with regulatory compliance requirements when establishing and maintaining long-term client relationships in investment sales.
  • MindsetAdvocate tailored investment strategies based on individual client needs and market research through persuasive communication with prospective and existing customers.
  • KnowledgeInterpret complex financial information regarding stocks, bonds, mutual funds, and commodities for diverse client audiences using clear verbal and written explanations.
  • KnowledgeExecute buy and sell transactions for securities and commodities using trading platforms and alternative trading systems while adhering to regulatory standards.
  • KnowledgeMonitor client account performance and market conditions continuously using CRM software and real-time data feeds to identify opportunities and risks.
  • MindsetReconcile competing client priorities and market volatility when resolving conflicts and negotiating solutions under time pressure.
  • KnowledgeDevelop personalized financial strategies and investment objectives by synthesizing client goals, regulatory constraints, and market forecasts.
  • KnowledgeApply economic and accounting principles to client financial scenarios in consulting engagements with businesses and individual investors.
Wage Data According to the Bureau of Labor Statistics

Annual wage data for Securities, Commodities, and Financial Services Sales Agents (2024)

Estimated Total Employment (U.S.)

472,300

Wage Distribution by Percentile

MetricU.S.
10% of workers earn the following or less$47,080
10% of workers earn the following or more$215,210
Workers on average earn$110,400

+ indicates wage is at or above the BLS reporting cap ($239,200/year)

Skills & Requirements

Key competencies for this occupation, ranked by importance

  • Customer and Personal Service4.3/5
  • Economics and Accounting3.9/5
  • English Language3.8/5
  • Mathematics3.7/5
  • Sales and Marketing3.7/5
Tools & Technology

Equipment and software commonly used in this occupation

In-Demand Technology

Frequently requested by employers in job postings

C++LinuxMicrosoft AccessMicrosoft DynamicsMicrosoft ExcelMicrosoft Office softwareMicrosoft OutlookMicrosoft PowerPointMicrosoft SharePointMicrosoft Visual BasicMicrosoft WindowsMicrosoft WordOracle JavaOracle PeopleSoftPythonRSAP softwareSalesforce softwareThe MathWorks MATLABUNIX

Technology Skills

ADP/Vantra VOLTSAIQ Systems TradingExpert ProAnalyzerXLAspen Graphics Technical Analysis SoftwareBloomberg ProfessionalBondDesk Group Trader WorkStationCQG Integrated ClientCSI Complex Systems ClientTrade

Tools & Equipment

10-key calculatorsComputer data input scannersDesktop computersLaptop computersLaser facsimile machinesMobile computing devicesMulti-line telephone systemsNotebook computers