Occupational Employment and Wages, May 2012

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.


National estimates for this occupation
Industry profile for this occupation
Geographic 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)
330,470 1.3 % $48.51 $100,910 1.1 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $15.40 $19.66 $34.48 $66.79 (5)
Annual Wage (2) $32,030 $40,890 $71,720 $138,930 (5)


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Contracts Intermediation and Brokerage 137,250 30.30 $59.80 $124,380
Depository Credit Intermediation 103,680 6.00 $29.58 $61,520
Other Financial Investment Activities 39,490 11.09 $64.67 $134,500
Nondepository Credit Intermediation 17,830 3.15 $40.14 $83,490
Management of Companies and Enterprises 8,770 0.44 $46.75 $97,250

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Contracts Intermediation and Brokerage 137,250 30.30 $59.80 $124,380
Other Financial Investment Activities 39,490 11.09 $64.67 $134,500
Other Investment Pools and Funds 3,620 8.95 $54.31 $112,960
Depository Credit Intermediation 103,680 6.00 $29.58 $61,520
Nondepository Credit Intermediation 17,830 3.15 $40.14 $83,490

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Petroleum and Petroleum Products Merchant Wholesalers 30 0.03 $80.29 $167,000
Metal and Mineral (except Petroleum) Merchant Wholesalers (8) (8) $77.58 $161,370
Management, Scientific, and Technical Consulting Services 1,070 0.10 $65.48 $136,210
Farm Product Raw Material Merchant Wholesalers 50 0.06 $65.20 $135,620
Other Financial Investment Activities 39,490 11.09 $64.67 $134,500


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 58,810 6.89 2.71 $71.30 $148,300
California 38,810 2.71 1.07 $47.38 $98,560
Texas 27,870 2.63 1.04 $42.43 $88,260
Illinois 20,980 3.72 1.47 $48.64 $101,170
Florida 17,930 2.46 0.97 $43.06 $89,550




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 58,810 6.89 2.71 $71.30 $148,300
Connecticut 7,110 4.39 1.73 $77.33 $160,850
Illinois 20,980 3.72 1.47 $48.64 $101,170
New Jersey 13,900 3.66 1.44 $47.41 $98,600
Colorado 7,820 3.51 1.38 $37.36 $77,710




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Connecticut 7,110 4.39 1.73 $77.33 $160,850
New York 58,810 6.89 2.71 $71.30 $148,300
Massachusetts 7,900 2.47 0.97 $62.51 $130,020
South Dakota 430 1.07 0.42 $56.12 $116,730
Kansas 1,640 1.24 0.49 $51.92 $107,990





Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-White Plains-Wayne, NY-NJ Metropolitan Division 57,050 11.06 4.36 $72.52 $150,850
Chicago-Joliet-Naperville, IL Metropolitan Division 18,380 5.05 1.99 $49.90 $103,800
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 10,630 2.75 1.08 $54.02 $112,360
Houston-Sugar Land-Baytown, TX 8,880 3.36 1.33 $49.15 $102,230
Dallas-Plano-Irving, TX Metropolitan Division 7,360 3.51 1.38 $42.45 $88,300
Phoenix-Mesa-Glendale, AZ 7,180 4.15 1.64 $29.63 $61,630
Boston-Cambridge-Quincy, MA NECTA Division 7,000 4.09 1.61 $64.11 $133,350
Minneapolis-St. Paul-Bloomington, MN-WI 7,000 4.00 1.58 $41.72 $86,770
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 6,610 6.60 2.60 $66.56 $138,440
Philadelphia, PA Metropolitan Division 6,310 3.46 1.36 $50.10 $104,210