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The differences between finance & sales representatives and associate sales representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a finance & sales representative and an associate sales representative. Additionally, a finance & sales representative has an average salary of $86,114, which is higher than the $51,007 average annual salary of an associate sales representative.
The top three skills for a finance & sales representative include financial products, work ethic and customer service. The most important skills for an associate sales representative are work ethic, patients, and product knowledge.
| Finance & Sales Representative | Associate Sales Representative | |
| Yearly salary | $86,114 | $51,007 |
| Hourly rate | $41.40 | $24.52 |
| Growth rate | 10% | 4% |
| Number of jobs | 175,031 | 333,049 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 59% |
| Average age | 43 | 47 |
| Years of experience | 4 | 4 |
A finance and sales representative is responsible for selling financial services and instruments to clients according to their needs and requirements. Finance and sales representatives identify the clients' long-term financial goals and objectives to provide accurate investment options and plans by considering their risk tolerance and credit performance. They also follow the movement of the stock market and inform the clients of any changes that may affect their portfolio and financial stability. A finance and sales representative must have excellent analytical and communication skills, especially in handling client accounts and developing financial strategies for their best interests.
The duties of an associate sales representative depend on one's line of work or industry of employment. Their responsibilities typically revolve around reaching out to clients through calls or door-to-door visits, offering products and services, collecting payments, addressing issues and concerns, and performing corrective measures when necessary. An associate sales representative often has a quota and deadline to reach; therefore, it is essential to be sales driven and goal-oriented. Furthermore, one must adhere to the policies and regulations of the company.
Finance & sales representatives and associate sales representatives have different pay scales, as shown below.
| Finance & Sales Representative | Associate Sales Representative | |
| Average salary | $86,114 | $51,007 |
| Salary range | Between $62,000 And $119,000 | Between $37,000 And $68,000 |
| Highest paying City | - | Boston, MA |
| Highest paying state | - | Massachusetts |
| Best paying company | - | Verint |
| Best paying industry | - | Health Care |
There are a few differences between a finance & sales representative and an associate sales representative in terms of educational background:
| Finance & Sales Representative | Associate Sales Representative | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | SUNY College of Technology at Alfred |
Here are the differences between finance & sales representatives' and associate sales representatives' demographics:
| Finance & Sales Representative | Associate Sales Representative | |
| Average age | 43 | 47 |
| Gender ratio | Male, 57.3% Female, 42.7% | Male, 50.8% Female, 49.2% |
| Race ratio | Black or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 11.9% Asian, 9.9% White, 68.1% American Indian and Alaska Native, 0.2% | Black or African American, 3.8% Unknown, 3.7% Hispanic or Latino, 14.2% Asian, 5.1% White, 72.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 6% | 6% |