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Custodian vs broker

The differences between custodians 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 $30,176 average annual salary of a custodian.

The top three skills for a custodian include cleanliness, work ethic and customer service. The most important skills for a broker are brokerage, financial services, and insurance products.

Custodian vs broker overview

CustodianBroker
Yearly salary$30,176$124,861
Hourly rate$14.51$60.03
Growth rate4%5%
Number of jobs47,3642,770
Job satisfaction4-
Most common degreeHigh School Diploma, 48%Bachelor's Degree, 66%
Average age4949
Years of experience--

What does a custodian do?

A custodian, also referred to as janitor, is responsible for maintaining cleanliness and helping protect all facilities. Custodians make sure everything is clean, neat, in order, and free from clutter and safe. They perform routine maintenance tasks and heavy cleaning duties. They do everyday things to sweep floors, mop, scrub, vacuum, collect and empty trash, dust furniture, walls, and equipment. They mix solutions and chemicals in containers based on proportions for disinfecting windows, mirrors, and other partitions requiring cleaning. Some also do minor building maintenance and light repairs, while others are exposed to biohazardous materials.

What does a broker do?

Brokers can either be a firm or an individual acting as an intermediary between a securities exchange and an investor. They often provide services to individual investors and traders who cannot engage directly with security exchanges, which only accept orders from their members. They provide investors and traders with an investment plan, market intelligence, and research. They may cross-sell some financial services and products offered by their brokerage firms. They are also typically classified as discount or full-service brokers.

Custodian vs broker salary

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

CustodianBroker
Average salary$30,176$124,861
Salary rangeBetween $23,000 And $39,000Between $68,000 And $227,000
Highest paying CitySan Jose, CANew York, NY
Highest paying stateMassachusettsNew York
Best paying companyLos Alamos National LaboratoryChild Guidance & Family Solutions
Best paying industryEducationInsurance

Differences between custodian and broker education

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

CustodianBroker
Most common degreeHigh School Diploma, 48%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common college-University of Southern California

Custodian vs broker demographics

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

CustodianBroker
Average age4949
Gender ratioMale, 64.4% Female, 35.6%Male, 63.8% Female, 36.2%
Race ratioBlack or African American, 10.4% Unknown, 4.1% Hispanic or Latino, 24.1% Asian, 5.0% White, 55.0% American Indian and Alaska Native, 1.3%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 Percentage5%13%

Differences between custodian and broker duties and responsibilities

Custodian example responsibilities.

  • Operate janitorial equipment including: vacuum cleaners, floor scrubbers, carpet cleaners, presser washers, leaf blowers, etc.
  • Fill in for custodians when they need off, clean schools, mow grass, salt lots.
  • Rake leaves, cut and water grass.
  • Clean windows, glass partitions, or mirrors, with sponges, or squeegees.
  • Strip and wax floors, clean windows, replace burnt-out light bulbs and ballasts.
  • Clean and perform preventative maintenance on all mechanical equipment (HVAC & ventilation systems).
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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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Custodian vs broker skills

Common custodian skills
  • Cleanliness, 13%
  • Work Ethic, 8%
  • Customer Service, 6%
  • Building Floors, 6%
  • Minor Maintenance, 5%
  • Ladders, 3%
Common broker skills
  • Brokerage, 17%
  • Financial Services, 9%
  • Insurance Products, 7%
  • Risk Management, 6%
  • Client Relationships, 6%
  • Real Estate Transactions, 5%

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