What is a finance representative and how to become one

Q: How do I become a financial service representative?

You become a financial service representative with a mix of customer service skills and strong analytical thinking. Good companies provide initial and continuing training programs and mentors to get you fluent with their products and services. You do not need a degree for the position, but it may be preferred.

Q: How much do financial representatives make?

Financial representatives make a median salary of $65,000 annually, but the pay scale varies based on the representative's area. The top 10% earn over $200,000 annually, plus bonuses. This job is a dynamic sales field that requires attention to trends and popular products in finance. The more money and security you can assure your customers, the more you can earn. It requires good listening skills and an understanding of the industry.

Q: How much do financiers make a year?

Financiers make an average of $80,300 in the United States. Annual bonuses may be upwards of $20,000. The reality is that this job can earn millions of dollars in a good year. Financiers manage large amounts of money for government agencies or private organizations.

Q: Is being a financial representative a good job?

Yes, being a financial representative is a good job. This job is good for someone who enjoys the risks and rewards. Most representatives work for securities and commodities brokers and banks. The number of jobs is expected to increase by 4% from now until 2029. The pay is above the national average; financial representatives earn an average of $65,000 annually.

Q: What are the duties of a financial service representative?

The duties of a financial service representative vary based on which organization they work for. Representatives may specialize in assisting with loans, investments, securing lines of credit, planning for retirement, or selling life insurance. They can be working for individual customers or on behalf of companies or the government.

Updated January 8, 2025

4 min read

Quoted expert

Price Fishback Ph.D.

A finance representative is a person who works in the finance industry to assist clients offering advice on investment opportunities, managing financial portfolios, and providing guidance on financial planning. They may work for a bank, investment firm, or other financial institution. They are responsible for maintaining an understanding of financial markets, and staying up-to-date on industry trends. Overall, the role of a finance representative is to help clients achieve their financial goals.

What general advice would you give to a finance representative?

Price Fishback Ph.D.

APS Professor of Economics at the University of Arizona, The University of Arizona

Gain a great deal of oral and written presentation skills, training in statistics, and experience with computers.

ScoreFinance RepresentativeUS Average

Salary

3.3

Avg. Salary $41,765

Avg. Salary $59,228

Stability level

6.9

Growth rate 10%

Growth rate 0.3%

Diversity

6.1

Race

American Indian and Alaska Native 0.21%

Asian 10.29%

Black or African American 5.90%

Hispanic or Latino 12.50%

Unknown 4.16%

White 66.94%

Gender

female 40.44%

male 59.56%

Age - 43

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43

Stress level

6.9

Stress level is high

7.1 - high

Complexity level

7.1

Complexity level is challenging

7 - challenging

Work life balance

6.6

Work life balance is good

6.4 - fair

What are the pros and cons of being a finance representative?

Pros

High earning potential
Exposure to various industries and businesses
Intellectual challenge of analyzing financial data
Opportunities for networking and building relationships
Ability to work in a stable industry

Cons

Dealing with difficult or demanding clients
Possibility of ethical dilemmas and conflicts of interest
Constant regulatory changes and compliance requirements
Pressure to achieve sales targets
Heavy workload and tight deadlines

Finance representative career paths

Key steps to become a finance representative

Explore finance representative education requirements
Most common finance representative degrees
Bachelor's
70.1 %
Associate
12.8 %
High School Diploma
6.8 %
Start to develop specific finance representative skills
Skills Percentages
Financial Services 12.91%
Customer Service 9.63%
Life Insurance 9.25%
Mutual Funds 8.76%
FINRA 8.30%
Show more
Complete relevant finance representative training and internships
Accountants spend an average of 1-3 months on post-employment, on-the-job training. New finance representatives learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a finance representative based on U.S. Bureau of Labor Statistics data and data from real finance representative resumes.
Research finance representative duties and responsibilities
- Work in QuickBooks to process payroll, submit payroll taxes, manage accounts payable and record income.
- Manage client relationship by presenting solutions for customers state and unstate needs while cross-selling company products.
- Manage financial statements and work independently to produce accurate records for petty cash, bank reconciliations, and data inventory.
- Educate clients and provide financial and retirement solutions utilizing life insurance and annuities.
Prepare your finance representative resume
When your background is strong enough, you can start writing your finance representative resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a finance representative resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
Choose from 10+ customizable finance representative resume templates
Build a professional finance representative resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your finance representative resume.
Apply for finance representative jobs
Now it's time to start searching for a finance representative job. Consider the tips below for a successful job search:
1. Browse job boards for relevant postings
2. Consult your professional network
3. Reach out to companies you're interested in working for directly
4. Watch out for job scams

Skills	Percentages
Financial Services	12.91%
Customer Service	9.63%
Life Insurance	9.25%
Mutual Funds	8.76%
FINRA	8.30%

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Average finance representative salary

The average finance representative salary in the United States is $41,765 per year or $20 per hour. Finance representative salaries range between $22,000 and $77,000 per year.

Average finance representative salary

$41,765 Yearly

$20.08 hourly

More finance representative salary info

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How do finance representatives rate their job?

Finance representative FAQs

How do I become a financial service representative?

How much do financial representatives make?

How much do financiers make a year?

Is being a financial representative a good job?

What are the duties of a financial service representative?

Have more questions? See all answers to common sales questions.

Search for finance representative jobs

Finance representative jobs by state

Updated January 8, 2025

Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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Sales Industry
Finance Representative

Updated January 8, 2025

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What is a finance representative and how to become one

What general advice would you give to a finance representative?

What are the pros and cons of being a finance representative?

Finance representative career paths

Key steps to become a finance representative

Explore finance representative education requirements

Most common finance representative degrees

Start to develop specific finance representative skills

Complete relevant finance representative training and internships

Research finance representative duties and responsibilities

Prepare your finance representative resume

Choose from 10+ customizable finance representative resume templates

Apply for finance representative jobs

How did you land your first finance representative job

Average finance representative salary

How do finance representatives rate their job?

Finance representative FAQs

How do I become a financial service representative?

How much do financial representatives make?

How much do financiers make a year?

Is being a financial representative a good job?

What are the duties of a financial service representative?

Search for finance representative jobs

Finance representative jobs by state