Occupational Employment Statistics

Occupational Employment and Wages, May 2008

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


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)
271,900 1.3 % $44.26 $92,050 1.1 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $14.86 $19.46 $33.02 $58.79 (5)
Annual Wage (2) $30,900 $40,480 $68,680 $122,270 (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 Hourly mean wage Annual mean wage
Securities and Commodity Contracts Intermediation and Brokerage 132,650 $52.20 $108,570
Other Financial Investment Activities 25,670 $56.26 $117,020
Nondepository Credit Intermediation 19,680 $31.17 $64,830
Management of Companies and Enterprises 7,460 $45.69 $95,030
Activities Related to Credit Intermediation 5,860 $32.30 $67,190

Top paying industries for this occupation:

Industry Employment Hourly mean wage Annual mean wage
Other Financial Investment Activities 25,670 $56.26 $117,020
Wholesale Electronic Markets and Agents and Brokers (8) $54.17 $112,670
Farm Product Raw Material Merchant Wholesalers 160 $53.37 $111,010
Securities and Commodity Contracts Intermediation and Brokerage 132,650 $52.20 $108,570
Securities and Commodity Exchanges 370 $50.61 $105,270


State profile for this occupation: Top

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

States with the highest concentration of workers in this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment
New York 35,760 $60.47 $125,790 0.414%
Connecticut 6,780 $73.20 $152,260 0.399%
New Jersey 15,390 $46.20 $96,100 0.386%
Utah 4,380 $38.94 $80,990 0.356%
Colorado 7,020 $35.34 $73,500 0.305%

Top paying States for this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment
Connecticut 6,780 $73.20 $152,260 0.399%
New York 35,760 $60.47 $125,790 0.414%
Tennessee 2,790 $51.77 $107,690 0.101%
Massachusetts 7,770 $50.35 $104,730 0.240%
District of Columbia 1,030 $49.80 $103,570 0.162%


Metropolitan area profile for this occupation: Top

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

Metropolitan areas with the highest concentration of workers in this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Bridgeport-Stamford-Norwalk, CT 5,300 $77.89 $162,000 1.221%
New York-White Plains-Wayne, NY-NJ Metropolitan Division 36,260 $60.26 $125,340 0.702%
Nashua, NH-MA NECTA Division 820 $28.08 $58,400 0.601%
Salt Lake City, UT 3,810 $40.27 $83,770 0.601%
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 6,060 $64.98 $135,170 0.596%

Top paying metropolitan areas for this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Bridgeport-Stamford-Norwalk, CT 5,300 $77.89 $162,000 1.221%
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 6,060 $64.98 $135,170 0.596%
College Station-Bryan, TX (8) $64.00 $133,110 (8)
Hartford-West Hartford-East Hartford, CT 710 $61.01 $126,910 0.123%
Memphis, TN-MS-AR 1,230 $60.43 $125,680 0.195%


About May 2008 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors in metropolitan and nonmetropolitan 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 $80.00 per hour or $166,400 per year.

(8) Estimate not released.


Other OES estimates and related information:

May 2008 National Occupational Employment and Wage Estimates

May 2008 State Occupational Employment and Wage Estimates

May 2008 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2008 National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download May 2008 Occupational Employment and Wage Estimates in Zipped Excel files

Technical Notes

Last Modified Date: May 04, 2009

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