Occupational Employment and Wages, May 2020

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 Securities, Commodities, and Financial Services Sales Agents
Industry profile for Securities, Commodities, and Financial Services Sales Agents
Geographic profile for Securities, Commodities, and Financial Services Sales Agents

National estimates for Securities, Commodities, and Financial Services Sales Agents:

Employment estimate and mean wage estimates for Securities, Commodities, and Financial Services Sales Agents:

Employment (1)	Employment RSE (3)	Mean hourly wage	Mean annual wage (2)	Wage RSE (3)
440,300	1.3 %	$ 46.41	$ 96,540	1.3 %

Percentile wage estimates for Securities, Commodities, and Financial Services Sales Agents:

Percentile	10%	25%	50% (Median)	75%	90%
Hourly Wage	$ 17.74	$ 22.08	$ 31.14	$ 55.78	(5)
Annual Wage (2)	$ 36,910	$ 45,930	$ 64,770	$ 116,020	(5)

Industry profile for Securities, Commodities, and Financial Services Sales Agents:

Industries with the highest published employment and wages for Securities, Commodities, and Financial Services Sales Agents are provided. For a list of all industries with employment in Securities, Commodities, and Financial Services Sales Agents, see the Create Customized Tables function.

Industries with the highest levels of employment in Securities, Commodities, and Financial Services Sales Agents:

Industry	Employment (1)	Percent of industry employment	Hourly mean wage	Annual mean wage (2)
Credit Intermediation and Related Activities (5221 and 5223 only)	196,520	9.68	$ 33.47	$ 69,610
Securities, Commodity Contracts, and Other Financial Investments and Related Activities	176,050	18.68	$ 61.96	$ 128,880
Nondepository Credit Intermediation	26,370	4.56	$ 38.40	$ 79,870
Management of Companies and Enterprises	14,400	0.59	$ 50.79	$ 105,640
Insurance Carriers	8,060	0.67	$ 35.24	$ 73,290

Industries with the highest concentration of employment in Securities, Commodities, and Financial Services Sales Agents:

Industry	Employment (1)	Percent of industry employment	Hourly mean wage	Annual mean wage (2)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities	176,050	18.68	$ 61.96	$ 128,880
Credit Intermediation and Related Activities (5221 and 5223 only)	196,520	9.68	$ 33.47	$ 69,610
Nondepository Credit Intermediation	26,370	4.56	$ 38.40	$ 79,870
Other Investment Pools and Funds	450	4.16	$ 55.28	$ 114,980
Insurance Carriers	8,060	0.67	$ 35.24	$ 73,290

Top paying industries for Securities, Commodities, and Financial Services Sales Agents:

Industry	Employment (1)	Percent of industry employment	Hourly mean wage	Annual mean wage (2)
Merchant Wholesalers, Nondurable Goods (4241, 4247, and 4249 only)	(8)	(8)	$ 109.82	$ 228,420
Wholesale Electronic Markets and Agents and Brokers	770	0.16	$ 62.58	$ 130,160
Securities, Commodity Contracts, and Other Financial Investments and Related Activities	176,050	18.68	$ 61.96	$ 128,880
Management, Scientific, and Technical Consulting Services	1,700	0.11	$ 61.58	$ 128,080
Local Government, excluding schools and hospitals (OEWS Designation)	50	(7)	$ 58.81	$ 122,320

Geographic profile for Securities, Commodities, and Financial Services Sales Agents:

States and areas with the highest published employment, location quotients, and wages for Securities, Commodities, and Financial Services Sales Agents are provided. For a list of all areas with employment in Securities, Commodities, and Financial Services Sales Agents, see the Create Customized Tables function.

States with the highest employment level in Securities, Commodities, and Financial Services Sales Agents:

State	Employment (1)	Employment per thousand jobs	Location quotient (9)	Hourly mean wage	Annual mean wage (2)
New York	65,630	7.55	2.39	$ 77.13	$ 160,430
California	58,550	3.56	1.13	$ 40.68	$ 84,620
Texas	36,910	3.05	0.96	$ 43.34	$ 90,150
Florida	32,010	3.79	1.20	$ 37.33	$ 77,650
Illinois	22,800	4.05	1.28	$ 45.35	$ 94,340

States with the highest concentration of jobs and location quotients in Securities, Commodities, and Financial Services Sales Agents:

State	Employment (1)	Employment per thousand jobs	Location quotient (9)	Hourly mean wage	Annual mean wage (2)
New York	65,630	7.55	2.39	$ 77.13	$ 160,430
New Jersey	16,680	4.41	1.39	$ 47.99	$ 99,810
Rhode Island	1,950	4.40	1.39	$ 44.62	$ 92,800
Colorado	11,150	4.32	1.37	$ 32.79	$ 68,200
Illinois	22,800	4.05	1.28	$ 45.35	$ 94,340

Top paying states for Securities, Commodities, and Financial Services Sales Agents:

State	Employment (1)	Employment per thousand jobs	Location quotient (9)	Hourly mean wage	Annual mean wage (2)
New York	65,630	7.55	2.39	$ 77.13	$ 160,430
Connecticut	5,360	3.48	1.10	$ 61.20	$ 127,300
District of Columbia	1,430	2.08	0.66	$ 54.56	$ 113,480
Massachusetts	11,310	3.38	1.07	$ 51.64	$ 107,400
Minnesota	8,530	3.15	0.99	$ 50.15	$ 104,300

Metropolitan areas with the highest employment level in Securities, Commodities, and Financial Services Sales Agents:

Metropolitan area	Employment (1)	Employment per thousand jobs	Location quotient (9)	Hourly mean wage	Annual mean wage (2)
New York-Newark-Jersey City, NY-NJ-PA	72,100	8.16	2.58	$ 75.18	$ 156,380
Los Angeles-Long Beach-Anaheim, CA	22,890	3.93	1.24	$ 36.29	$ 75,480
Chicago-Naperville-Elgin, IL-IN-WI	20,360	4.67	1.47	$ 46.57	$ 96,860
Dallas-Fort Worth-Arlington, TX	14,800	4.13	1.30	$ 44.45	$ 92,460
Miami-Fort Lauderdale-West Palm Beach, FL	13,550	5.40	1.71	$ 43.08	$ 89,600
San Francisco-Oakland-Hayward, CA	11,580	4.97	1.57	$ 56.19	$ 116,880
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD	10,800	4.01	1.27	$ 49.50	$ 102,950
Boston-Cambridge-Nashua, MA-NH	10,430	4.01	1.27	$ 53.12	$ 110,480
Houston-The Woodlands-Sugar Land, TX	10,070	3.39	1.07	$ 50.21	$ 104,430
Atlanta-Sandy Springs-Roswell, GA	8,560	3.25	1.03	$ 42.87	$ 89,170

Metropolitan areas with the highest concentration of jobs and location quotients in Securities, Commodities, and Financial Services Sales Agents:

Metropolitan area	Employment (1)	Employment per thousand jobs	Location quotient (9)	Hourly mean wage	Annual mean wage (2)
Trenton, NJ	2,460	10.69	3.38	(8)	(8)
New York-Newark-Jersey City, NY-NJ-PA	72,100	8.16	2.58	$ 75.18	$ 156,380
Bridgeport-Stamford-Norwalk, CT	2,960	7.87	2.48	$ 74.68	$ 155,340
Charlotte-Concord-Gastonia, NC-SC	7,340	6.06	1.92	$ 50.86	$ 105,790
Denver-Aurora-Lakewood, CO	7,890	5.41	1.71	$ 33.16	$ 68,980
Miami-Fort Lauderdale-West Palm Beach, FL	13,550	5.40	1.71	$ 43.08	$ 89,600
The Villages, FL	160	5.22	1.65	$ 48.39	$ 100,650
Sebastian-Vero Beach, FL	260	5.13	1.62	$ 26.23	$ 54,560
Jacksonville, FL	3,450	5.05	1.59	$ 31.95	$ 66,460
San Francisco-Oakland-Hayward, CA	11,580	4.97	1.57	$ 56.19	$ 116,880