Bond broker vs broker

The differences between bond brokers and brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a broker has an average salary of $124,861, which is higher than the $64,594 average annual salary of a bond broker.

The top three skills for a bond broker include bonds, securities and fixed income. The most important skills for a broker are brokerage, financial services, and insurance products.

Bond broker vs broker overview

	Bond Broker	Broker
Yearly salary	$64,594	$124,861
Hourly rate	$31.05	$60.03
Growth rate	10%	5%
Number of jobs	1,863	2,770
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 83%	Bachelor's Degree, 66%
Average age	43	49
Years of experience	6	-

Bond broker vs broker salary

Bond brokers and brokers have different pay scales, as shown below.

	Bond Broker	Broker
Average salary	$64,594	$124,861
Salary range	Between $39,000 And $105,000	Between $68,000 And $227,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Child Guidance & Family Solutions
Best paying industry	-	Insurance

Differences between bond broker and broker education

There are a few differences between a bond broker and a broker in terms of educational background:

	Bond Broker	Broker
Most common degree	Bachelor's Degree, 83%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Southern California

Bond broker vs broker demographics

Here are the differences between bond brokers' and brokers' demographics:

	Bond Broker	Broker
Average age	43	49
Gender ratio	Male, 87.7% Female, 12.3%	Male, 63.8% Female, 36.2%
Race ratio	Black or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 12.1% Asian, 9.1% White, 68.8% American Indian and Alaska Native, 0.2%	Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.1% American Indian and Alaska Native, 0.3%
LGBT Percentage	6%	13%

Differences between bond broker and broker duties and responsibilities

Bond broker example responsibilities.

Retail trader, fix income securities; manage client account activity; properly allocate client funds to appropriate investment options
Track equities of convertible issues for identification of arbitrage opportunities.
Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
Execute large volume of retail orders (OTC, list and add lots).

Broker example responsibilities.

Manage, lease and sell office condominiums on site.
Retail trader, fix income securities; manage client account activity; properly allocate client funds to appropriate investment options
Manage indexes, options, foreign equities, and short-selling positions that are compatible with clients' long-term investment goals.
Expand and maintain professional relationships with trading accounts including banks, hedge funds and portfolio managers.
Specialize in finding undervalue and/or overbought commodities by using fundamental and technical analysis that exist throughout the markets.
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Bond broker vs broker skills

Common bond broker skills

Bonds, 27%
Securities, 12%
Fixed Income, 11%
Treasury, 9%
Portfolio, 6%
Bloomberg, 6%

Common broker skills

Brokerage, 17%
Financial Services, 9%
Insurance Products, 7%
Risk Management, 6%
Client Relationships, 6%
Real Estate Transactions, 5%