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Grain trader vs investment representative

The differences between grain traders 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 grain trader and an investment representative. Additionally, a grain trader has an average salary of $107,547, which is higher than the $65,361 average annual salary of an investment representative.

The top three skills for a grain trader include commodities, arbitrage and wheat. The most important skills for an investment representative are money management, mutual funds, and financial services.

Grain trader vs investment representative overview

Grain TraderInvestment Representative
Yearly salary$107,547$65,361
Hourly rate$51.71$31.42
Growth rate10%10%
Number of jobs1,01735,914
Job satisfaction5-
Most common degreeBachelor's Degree, 85%Bachelor's Degree, 78%
Average age4343
Years of experience66

Grain trader vs investment representative salary

Grain traders and investment representatives have different pay scales, as shown below.

Grain TraderInvestment Representative
Average salary$107,547$65,361
Salary rangeBetween $61,000 And $188,000Between $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 grain trader and investment representative education

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

Grain TraderInvestment Representative
Most common degreeBachelor's Degree, 85%Bachelor's Degree, 78%
Most common majorBusinessBusiness
Most common collegeHarvard UniversityUniversity of Pennsylvania

Grain trader vs investment representative demographics

Here are the differences between grain traders' and investment representatives' demographics:

Grain TraderInvestment Representative
Average age4343
Gender ratioMale, 60.9% Female, 39.1%Male, 72.1% Female, 27.9%
Race ratioBlack or African American, 4.3% Unknown, 4.0% Hispanic or Latino, 8.4% Asian, 9.6% White, 73.5% 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 grain trader and investment representative duties and responsibilities

Grain trader example responsibilities.

  • Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
  • Purchase and sell physical commodities in order to capitalize on arbitrage opportunities between various locations, markets and commodities.
  • Automate the trade allocation and reconciliation procedures using VBA programming which is leveraged to systematically detect any trade breaks or discrepancies.
  • Make markets electronically in CME commodity option markets.

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

Grain trader vs investment representative skills

Common grain trader skills
  • Commodities, 52%
  • Arbitrage, 30%
  • Wheat, 18%
Common investment representative skills
  • Money Management, 46%
  • Mutual Funds, 28%
  • Financial Services, 2%
  • FINRA, 2%
  • Customer Relationships, 2%
  • Market Trends, 2%