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Occupational Employment and Wages, May 2011
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) |
| 307,020 |
1.3 % |
$47.50 |
$98,810 |
1.0 % |
Percentile wage estimates for this occupation:
| Percentile |
10% |
25% |
50% (Median) |
75% |
90% |
| Hourly Wage |
$15.44 |
$20.16 |
$34.64 |
$63.48 |
(5) |
| Annual Wage (2) |
$32,120 |
$41,940 |
$72,060 |
$132,040 |
(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 |
136,350 |
29.47 |
$55.75 |
$115,960 |
| Depository Credit Intermediation |
84,040 |
4.91 |
$30.23 |
$62,890 |
| Other Financial Investment Activities |
35,670 |
10.40 |
$61.98 |
$128,910 |
| Nondepository Credit Intermediation |
17,990 |
3.20 |
$39.27 |
$81,670 |
| Management of Companies and Enterprises |
7,590 |
0.40 |
$48.56 |
$101,000 |
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 |
136,350 |
29.47 |
$55.75 |
$115,960 |
| Securities and Commodity Exchanges |
1,110 |
15.46 |
$57.80 |
$120,220 |
| Other Financial Investment Activities |
35,670 |
10.40 |
$61.98 |
$128,910 |
| Other Investment Pools and Funds |
3,520 |
8.98 |
$52.27 |
$108,720 |
| Depository Credit Intermediation |
84,040 |
4.91 |
$30.23 |
$62,890 |
Top paying industries for this occupation:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Metal and Mineral (except Petroleum) Merchant Wholesalers |
(8) |
(8) |
$87.51 |
$182,020 |
| Management, Scientific, and Technical Consulting Services |
1,140 |
0.11 |
$71.72 |
$149,180 |
| Other Financial Investment Activities |
35,670 |
10.40 |
$61.98 |
$128,910 |
| Advertising, Public Relations, and Related Services |
80 |
0.02 |
$59.54 |
$123,850 |
| Wholesale Electronic Markets and Agents and Brokers |
530 |
0.06 |
$58.28 |
$121,230 |
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 |
50,410 |
5.98 |
2.50 |
$65.24 |
$135,700 |
| California |
33,840 |
2.41 |
1.01 |
$48.48 |
$100,830 |
| Texas |
27,400 |
2.66 |
1.11 |
$43.99 |
$91,490 |
| Illinois |
20,430 |
3.67 |
1.53 |
$50.79 |
$105,640 |
| Florida |
17,650 |
2.47 |
1.03 |
$41.22 |
$85,730 |
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 |
50,410 |
5.98 |
2.50 |
$65.24 |
$135,700 |
| Connecticut |
7,450 |
4.63 |
1.93 |
$76.90 |
$159,950 |
| Delaware |
1,720 |
4.27 |
1.78 |
$50.53 |
$105,100 |
| New Jersey |
15,390 |
4.08 |
1.71 |
$47.82 |
$99,460 |
| Illinois |
20,430 |
3.67 |
1.53 |
$50.79 |
$105,640 |
Top paying States for this occupation:
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 |
50,120 |
9.90 |
4.14 |
$65.80 |
$136,860 |
| Chicago-Joliet-Naperville, IL Metropolitan Division |
17,610 |
4.91 |
2.05 |
$52.34 |
$108,870 |
| Los Angeles-Long Beach-Glendale, CA Metropolitan Division |
9,450 |
2.47 |
1.03 |
$54.44 |
$113,240 |
| Houston-Sugar Land-Baytown, TX |
8,860 |
3.47 |
1.45 |
$53.76 |
$111,820 |
| Boston-Cambridge-Quincy, MA NECTA Division |
7,800 |
4.66 |
1.95 |
$53.69 |
$111,680 |
| Dallas-Plano-Irving, TX Metropolitan Division |
7,690 |
3.76 |
1.57 |
$43.61 |
$90,710 |
| Minneapolis-St. Paul-Bloomington, MN-WI |
6,550 |
3.82 |
1.60 |
$47.39 |
$98,570 |
| Phoenix-Mesa-Glendale, AZ |
6,100 |
3.59 |
1.50 |
$30.00 |
$62,400 |
| Philadelphia, PA Metropolitan Division |
6,080 |
3.35 |
1.40 |
$48.11 |
$100,070 |
| Bridgeport-Stamford-Norwalk, CT |
5,840 |
14.25 |
5.95 |
$82.31 |
$171,200 |
Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Bridgeport-Stamford-Norwalk, CT |
5,840 |
14.25 |
5.95 |
$82.31 |
$171,200 |
| Owensboro, KY |
500 |
10.52 |
4.40 |
$13.86 |
$28,820 |
| New York-White Plains-Wayne, NY-NJ Metropolitan Division |
50,120 |
9.90 |
4.14 |
$65.80 |
$136,860 |
| San Francisco-San Mateo-Redwood City, CA Metropolitan Division |
5,820 |
6.06 |
2.53 |
$65.31 |
$135,850 |
| Wilmington, DE-MD-NJ Metropolitan Division |
1,650 |
5.19 |
2.17 |
$51.29 |
$106,680 |
| Chicago-Joliet-Naperville, IL Metropolitan Division |
17,610 |
4.91 |
2.05 |
$52.34 |
$108,870 |
| Boston-Cambridge-Quincy, MA NECTA Division |
7,800 |
4.66 |
1.95 |
$53.69 |
$111,680 |
| Trenton-Ewing, NJ |
940 |
4.32 |
1.81 |
$44.80 |
$93,180 |
| Monroe, LA |
310 |
4.22 |
1.76 |
$37.01 |
$76,980 |
| Newark-Union, NJ-PA Metropolitan Division |
3,910 |
4.12 |
1.72 |
$51.82 |
$107,780 |
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