Financial services is a field that encompasses a wide variety of careers, such as a financial analyst, personal finance advisor and financial manager. Before sharing sensitive information, Markets such as the National Association of Securities Dealers Automated Quotation system (NASDAQ) use vast computer networks rather than human traders to match buyers and sellers. Join our dependable team. Electronic trading is changing the exchange floor environment, with more traders carrying out orders behind a desk and fewer working on the exchange floor. Confirm Remind later. 1) Accountants and Auditors 2) Actors, Producers, and Directors 3) Actuaries 4) Administrative Services Managers The lowest 10 percent earned less than $35,320, and the highest 10 percent earned more than $204,130. The projected numeric change in employment from 2019 to 2029. Analytical skills. Financial services sales agents consult on a wide variety of banking, securities, insurance, and related services to individuals and businesses, often catering the services to meet the client’s financial needs. At higher levels, bonuses far exceed base salary. They attend conferences and training seminars regularly. Getting your first sales agent job isn’t all that difficult. Save Search. Many other licenses are available, each of which gives the holder the right to sell different investment products and services. To judge the profitability of potential deals, securities, commodities, and financial services sales agents must have strong analytical skills. 9. Securities, Commodities and Financial Services Sales Agents—4%, as fast as average; Source: U.S. Bureau of Labor Statistics 2019 Occupational Outlook Handbook. A few agents advance to top management positions or become partners in their firms. Federal government websites often end in .gov or .mil. Agents who are registered with FINRA must attend continuing education classes to keep their licenses. How Job Outlook can help you. They must create their own client base by calling from a list of potential clients. This practice allows the new agent to learn how to conduct the company’s business and to understand how the agency interacts with clients. Although not always required, certification enhances professional standing and is recommended by employers. Job Outlook: Employment of securities, commodities, and financial services sales agents is projected to grow 4 percent over the next ten years, about as fast as the average for all occupations. Job & Career Outlook . Analytical.Formulating sales strategies requires sales managers to collect and interpret sales data. Investment bankers also connect companies in mergers (when two companies join together) and acquisitions (when one company buys another). Investment bankers must estimate how much the company is worth and ensure that it meets the legal requirements to become publicly traded. Securities, commodities, and financial services sales agents connect buyers and sellers in financial markets. 1) Accountants and Auditors 2) Actors, Producers, and Directors 3) Actuaries 4) Administrative Services Managers Within every occupation, earnings vary by experience, responsibility, performance, tenure, and geographic area. Because most of the major investment banks are in New York City, employment of securities, commodities, and financial services sales agents is concentrated in that metropolitan area. Ironically, though the job market is a rough place at the moment, employers are desperately in need of young, talented financial advisors. The CareerPlanner.com "Job Outlook Tool" shows you the future demand for each type of job. Financial clerks may advance to related occupations in finance. The salary gradually decreases in favor of commissions as the broker gains clients. Create Job Alert. Slight changes in the price of a trade can greatly affect its profitability, making the trader’s decision extremely important. An IPO is the process by which a company becomes open for public investment by issuing its first stock. Virtual Financial provides a new innovative approach for middle American families to meet virtually online “Collaborative Sales” with an experienced financial consultant with no cost or obligation and get a Financial Needs Analysis to help them get on track with cutting edge strategies to reach their dreams and goals. Salary Information. SOC: Percent change in employment, projected 2019-29, Note: All Occupations includes all occupations in the U.S. Economy.Source: U.S. Bureau of Labor Statistics, Employment Projections program. Financial Services Agent . A bachelor’s degree is required for entry-level jobs, and a master’s degree in business administration (MBA) is useful for advancement. Securities, Commodities, and Financial Services Sales Agents: Salary, career path, job outlook, education and more Education Required Securities, commodities, and financial services sales agents generally must have a bachelor’s degree to get an entry-level job. Traders and some other sales representatives also need licenses, although these vary by firm and specialization. How Job Outlook can help you. In May 2019, the median annual wage for all workers was $39,810. Employment of securities, commodities, and financial services sales agents is projected to grow 6 percent from 2016 to 2026, about as fast as the average for all occupations. Exams cover subjects in accounting, economics, securities analysis, financial markets and instruments, corporate finance, asset valuation, and portfolio management. Make sure to add requirements, benefits, and perks specific to the role and your company. The average salary for a Securities, Commodities, or Financial Services Sales Agent is $48,000. Firms often rotate their trainees among various departments to give them a broad understanding of the securities business. This was about the average for all jobs in the United States. Learn more about securities, commodities, and financial services sales agents by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations. May sell retail and institutional mutual funds. New York LIfe Birmingham, AL Full-Time. These searches might also be of interest:: Confirmation email sent to . Most firms offer training to help their employees pass the licensing exams. Each salary is associated with a real job position. To qualify for this certification, applicants need a bachelor’s degree or 4 years of related work experience and must pass three exams, which require several hundred hours of independent study. Brokers, investment bankers, and financial services sales agents can earn the Chartered Financial Analyst (CFA) certification, sponsored by the CFA Institute. Securities, commodities, and financial services sales agents need to be familiar with mathematical tools, including investment formulas. Investment bankers travel extensively because they frequently work with companies in other countries. Securities, commodities, and financial services sales agents must be persuasive and make clients feel comfortable with the agent’s recommendations. Investment bankers must pay close attention to the details of initial public offerings and mergers and acquisitions because small changes can have large consequences. What Securities, Commodities, and Financial Services Sales Agents Do, How to Become a Securities, Commodities, or Financial Services Sales Agent, Employment projections data for securities, commodities, and financial services sales agents, 2019-29, Office of Occupational Statistics and Employment Projections, More Information, Including Links to O*NET, Securities Industry and Financial Markets Association, https://www.bls.gov/ooh/sales/securities-commodities-and-financial-services-sales-agents.htm, Credit intermediation and related activities, Securities, commodity contracts, and other financial investments and related activities, Contact prospective clients to present information and explain available services, Offer advice on the purchase or sale of particular securities, Buy and sell securities, such as stocks and bonds, Buy and sell commodities, such as corn, oil, and gold, Monitor financial markets and the performance of individual securities, Analyze company finances to provide recommendations for public offerings, mergers, and acquisitions. In May 2016, the median annual wages for securities, commodities, and financial services sales agents in the top industries in which they worked were as follows: Many securities and commodities brokers earn a commission based on the monetary value of the products they sell. In addition, automated trading systems have reduced demand for securities traders. Although beginners often service the accounts of individual investors, they may eventually service large institutional accounts, such as those of banks and retirement funds. Investment banks primarily employ these workers, although some work for commercial banks, hedge funds, and private equity groups. To judge the profitability of potential deals, securities, commodities, and financial services sales agents must have strong analytical skills. Check your email and click on the link to start receiving your job alerts: financial services sales agent. Brokers, investment bankers, and financial services sales agents can earn the Chartered Financial Analyst (CFA) certification, sponsored by the CFA Institute. Job Outlook makes it easy to find and understand career information. Search for Sales Agent jobs in Plantation, FL? at https://www.bls.gov/ooh/sales/securities-commodities-and-financial-services-sales-agents.htm (visited November 14, 2020). Employment of real estate brokers and sales agents is projected to grow 7 percent from 2018 to 2028, faster than the average for all occupations. Financial Services Sales Agent/representative Jobs (500+ Jobs) Financial Services... Career Financial Services... Interview Financial Services... Salary Financial Services... Resume. Most employers provide intensive on-the-job training, teaching employees the specifics of the job, such as the products and services offered. To obtain the license, potential agents must pass a series of exams. Financial regulation, including restrictions on proprietary trading, has shifted employment among traders from investment banks to hedge funds; however, this shift should not affect overall employment growth for the occupation. Exams cover subjects in accounting, economics, securities analysis, financial markets and instruments, corporate finance, asset valuation, and portfolio management. you make a change for YOUR future. Information on this site allows projected employment growth for an occupation to be compared among states or to be compared within one state. The projected percent change in employment from 2019 to 2029. Communication skills. Securities, commodities, and financial services sales agents need to be familiar with mathematical tools, including investment formulas. An official website of the United States government New York LIfe Birmingham, AL Full-Time. Financial services representatives in the 10th percentile earn around $28,000 annually, while the highest paid earn close to $53,000 a year. Customer-service skills. Additional training needed (postemployment) to attain competency in the skills needed in this occupation. TIME. They attend conferences and training seminars regularly. Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Securities, Commodities, and Financial Services Sales Agents, Although beginners often service the accounts of individual investors, they may eventually service large institutional accounts, such as those of banks and retirement funds. Career Financial Services Securities, Commodities, And Financial Services Sales Agents Stock Broker Keyword Job … Find out about the skills, knowledge and abilities you may need to get and keep a job. 28 Financial Services Sales Representative jobs available on Indeed.com. Job Outlook makes it easy to find and understand career information. Investment bankers connect businesses that need money to finance their operations or expansion plans with investors who are interested in providing that funding. Work experience that is commonly considered necessary by employers, or is a commonly accepted substitute for more formal types of training or education. The Job Outlook tab describes the factors that affect employment growth or decline in the occupation, and in some instances, describes the relationship between the number of job seekers and the number of job openings. Investment banking sales agents and traders carry out buy and sell orders for stocks, bonds, and commodities from clients and make trades on behalf of the firm itself. Math skills. The median annual wage for securities, commodities, and financial services sales agents was $62,270 in May 2019. Customer-service skills. Apply to Inside Sales Representative, Sales Representative, Loan Officer and more! 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