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Bond broker vs investment representative

The differences between bond brokers and investment representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a bond broker and an investment representative. Additionally, an investment representative has an average salary of $65,361, 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 an investment representative are money management, mutual funds, and financial services.

Bond broker vs investment representative overview

Bond BrokerInvestment Representative
Yearly salary$64,594$65,361
Hourly rate$31.05$31.42
Growth rate10%10%
Number of jobs1,86335,914
Job satisfaction--
Most common degreeBachelor's Degree, 83%Bachelor's Degree, 78%
Average age4343
Years of experience66

Bond broker vs investment representative salary

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

Bond BrokerInvestment Representative
Average salary$64,594$65,361
Salary rangeBetween $39,000 And $105,000Between $37,000 And $112,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-American Century Investments
Best paying industry-Finance

Differences between bond broker and investment representative education

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

Bond BrokerInvestment Representative
Most common degreeBachelor's Degree, 83%Bachelor's Degree, 78%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Bond broker vs investment representative demographics

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

Bond BrokerInvestment Representative
Average age4343
Gender ratioMale, 87.7% Female, 12.3%Male, 72.1% Female, 27.9%
Race ratioBlack 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, 5.9% Unknown, 4.2% Hispanic or Latino, 12.4% Asian, 9.9% White, 67.4% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between bond broker and investment representative 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).

Investment representative example responsibilities.

  • Act as an investor center product coordinator; provide guidance on product and sales techniques for manage account solutions and annuities.
  • Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
  • Re-Obtain previously hold FINRA licenses.
  • Sell fix and variable annuities.
  • License financial adviser & insurance producer register with both FINRA & the state of Massachusetts.
  • Answer inquiries with regards to equities, options, mutual fund, fixed-income and unit investment trusts.
  • Show more

Bond broker vs investment representative skills

Common bond broker skills
  • Bonds, 27%
  • Securities, 12%
  • Fixed Income, 11%
  • Treasury, 9%
  • Portfolio, 6%
  • Bloomberg, 6%
Common investment representative skills
  • Money Management, 46%
  • Mutual Funds, 28%
  • Financial Services, 2%
  • FINRA, 2%
  • Customer Relationships, 2%
  • Market Trends, 2%