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Broker vs distributor

The differences between brokers and distributors 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 $40,606 average annual salary of a distributor.

The top three skills for a broker include brokerage, financial services and insurance products. The most important skills for a distributor are distributors, customer service, and delivery truck.

Broker vs distributor overview

BrokerDistributor
Yearly salary$124,861$40,606
Hourly rate$60.03$19.52
Growth rate5%4%
Number of jobs2,77089,197
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 45%
Average age4947
Years of experience-4

Broker vs distributor salary

Brokers and distributors have different pay scales, as shown below.

BrokerDistributor
Average salary$124,861$40,606
Salary rangeBetween $68,000 And $227,000Between $31,000 And $52,000
Highest paying CityNew York, NYClifton, NJ
Highest paying stateNew YorkNew Jersey
Best paying companyChild Guidance & Family SolutionsABB
Best paying industryInsuranceHealth Care

Differences between broker and distributor education

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

BrokerDistributor
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaSUNY College of Technology at Alfred

Broker vs distributor demographics

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

BrokerDistributor
Average age4947
Gender ratioMale, 63.8% Female, 36.2%Male, 56.3% Female, 43.7%
Race ratioBlack 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%Black or African American, 3.9% Unknown, 3.7% Hispanic or Latino, 14.3% Asian, 5.2% White, 72.7% American Indian and Alaska Native, 0.2%
LGBT Percentage13%6%

Differences between broker and distributor duties and responsibilities

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.
  • Install the oracle client for windows.
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Distributor example responsibilities.

  • Generate leads for outside sales representatives including organizing, monitoring and updating Microsoft CRM program.
  • Train in OSHA safety standards and maintain compliances.
  • Use an RF scanner to produce labels identifying repack case contents.
  • Use Facebook as a great social media outlet, as well as twitter.
  • Operate forklift and stand up forklift, used RF scanner guns to track items
  • Install new valves, water meters, taps for water meters, and fire hydrants.
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Broker vs distributor skills

Common broker skills
  • Brokerage, 17%
  • Financial Services, 9%
  • Insurance Products, 7%
  • Risk Management, 6%
  • Client Relationships, 6%
  • Real Estate Transactions, 5%
Common distributor skills
  • Distributors, 28%
  • Customer Service, 23%
  • Delivery Truck, 7%
  • Customer Relations, 7%
  • Product Line, 4%
  • Wellness Products, 4%