41-3031 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.
Occupational Employment and Wages, May 2004
41-3031 Securities, Commodities, and Financial Services Sales Agents
Buy and sell securities in investment and trading firms,
or call upon businesses and individuals to sell financial services. Provide
financial services, such as loan, tax, and securities counseling. May advise
securities customers about such things as stocks, bonds, and market
conditions.
National estimates for this occupation
Industry profile for this occupation
State profile for this occupation
Metropolitan area profile for this occupation
Industry profile for this occupation
State profile for this occupation
Metropolitan area profile for this occupation
National estimates for this occupation:
Top
Employment estimate and mean wage estimates for this
occupation:
| Employment (1) | Employment RSE (3) |
Mean hourly wage |
Mean annual wage (2) |
Wage RSE (3) |
|---|---|---|---|---|
| 240,500 | 2.1 % | $43.77 | $91,040 | 2.3 % |
Percentile wage estimates for this occupation:
| Percentile | 10% | 25% | 50% (Median) |
75% | 90% |
|---|---|---|---|---|---|
| Hourly Wage | $13.86 | $19.59 | $33.27 | $63.12 | (5) |
| Annual Wage (2) | $28,830 | $40,750 | $69,200 | $131,290 | (5) |
Industry profile for this occupation:
Top
Industries with the highest levels of employment in this
occupation:
| Industry | Employment | Hourly mean wage | Annual mean wage |
|---|---|---|---|
| Securities and commodity contracts brokerage | 136,220 | $49.13 | $102,200 |
| Depository credit intermediation | 38,460 | $27.68 | $57,570 |
| Other financial investment activities | 20,400 | $53.95 | $112,220 |
| Nondepository credit intermediation | 16,720 | $32.77 | $68,150 |
| Management of companies and enterprises | 6,630 | $40.49 | $84,220 |
Top paying industries for this occupation:
| Industry | Employment | Hourly mean wage | Annual mean wage |
|---|---|---|---|
| Securities and commodity exchanges | 1,030 | $54.05 | $112,430 |
| Other financial investment activities | 20,400 | $53.95 | $112,220 |
| Insurance and employee benefit funds | 250 | $50.49 | $105,020 |
| Natural gas distribution | 30 | $49.41 | $102,760 |
| Securities and commodity contracts brokerage | 136,220 | $49.13 | $102,200 |
State profile for this occupation:
Top
States with the highest concentration of workers in this
occupation:
| State | Employment | Hourly mean wage | Annual mean wage | Percent of State employment |
|---|---|---|---|---|
| New York | 34,060 | $67.77 | $140,950 | 0.413% |
| Connecticut | 5,910 | $59.72 | $124,210 | 0.362% |
| New Jersey | 13,180 | $37.32 | $77,620 | 0.340% |
| Colorado | 6,040 | $39.45 | $82,060 | 0.286% |
| Minnesota | 7,090 | $38.78 | $80,670 | 0.272% |
Top paying States for this occupation:
| State | Employment | Hourly mean wage | Annual mean wage | Percent of State employment |
|---|---|---|---|---|
| New York | 34,060 | $67.77 | $140,950 | 0.413% |
| Connecticut | 5,910 | $59.72 | $124,210 | 0.362% |
| South Dakota | 390 | $47.14 | $98,050 | 0.106% |
| California | 28,310 | $46.20 | $96,090 | 0.195% |
| Arkansas | 1,190 | $45.89 | $95,460 | 0.106% |
Metropolitan area profile for this occupation:
Top
Metropolitan areas with the highest concentration of
workers in this occupation:
| MSA | Employment | Hourly mean wage | Annual mean wage | Percent of MSA employment |
|---|---|---|---|---|
| Stamford-Norwalk, CT PMSA | 3,410 | $68.16 | $141,770 | 1.709% |
| Jersey City, NJ PMSA | 3,150 | $34.19 | $71,120 | 1.319% |
| San Francisco, CA PMSA | 7,440 | $54.30 | $112,950 | 0.780% |
| New York, NY PMSA | 30,740 | $70.26 | $146,140 | 0.773% |
| Nashua, NH PMSA | 650 | $28.41 | $59,100 | 0.664% |
Top paying Metropolitan areas for this occupation:
| MSA | Employment | Hourly mean wage | Annual mean wage | Percent of MSA employment |
|---|---|---|---|---|
| New York, NY PMSA | 30,740 | $70.26 | $146,140 | 0.773% |
| Stamford-Norwalk, CT PMSA | 3,410 | $68.16 | $141,770 | 1.709% |
| Champaign-Urbana, IL MSA | 180 | $59.66 | $124,100 | 0.197% |
| Waterbury, CT PMSA | 170 | $57.45 | $119,500 | 0.201% |
| Houston, TX PMSA | 3,330 | $56.92 | $118,390 | 0.161% |
These estimates are calculated with data collected from
employers in all industry sectors in metropolitan and non-metropolitan areas in
every State and the District of Columbia. The top five employment and wage
figures are provided above. The complete list is available in the downloadable Excel
files(XLS).
Percentile wage estimates show the percentage of workers
in an occupation that earn less than a given wage and the percentage that earn
more. The median wage is the 50th percentile wage estimate—50 percent of workers
earn less than the median and 50 percent of workers earn more than the median.
More
about percentile wages.
(1) Estimates for detailed occupations do not sum to the
totals because the totals include occupations not shown separately. Estimates do
not include self-employed workers.
(2) Annual wages have been calculated by multiplying the
hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for
those occupations where there is not an hourly mean wage published, the annual
wage has been directly calculated from the reported survey data.
(3) The relative standard error (RSE) is a measure of the
reliability of a survey statistic. The smaller the relative standard error, the
more precise the estimate.
(5) This wage is equal to or greater than $70.00 per hour
or $145,600 per year.
All
Last Modified
Date: June 02, 2005
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