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Investment representative vs registered sales assistant

The differences between investment representatives and registered sales assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an investment representative and a registered sales assistant. Additionally, an investment representative has an average salary of $65,361, which is higher than the $60,087 average annual salary of a registered sales assistant.

The top three skills for an investment representative include money management, mutual funds and financial services. The most important skills for a registered sales assistant are customer service, securities, and client accounts.

Investment representative vs registered sales assistant overview

Investment RepresentativeRegistered Sales Assistant
Yearly salary$65,361$60,087
Hourly rate$31.42$28.89
Growth rate10%10%
Number of jobs35,91413,816
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 66%
Average age4343
Years of experience66

Investment representative vs registered sales assistant salary

Investment representatives and registered sales assistants have different pay scales, as shown below.

Investment RepresentativeRegistered Sales Assistant
Average salary$65,361$60,087
Salary rangeBetween $37,000 And $112,000Between $43,000 And $83,000
Highest paying CityNew York, NY-
Highest paying stateNew York-
Best paying companyAmerican Century Investments-
Best paying industryFinance-

Differences between investment representative and registered sales assistant education

There are a few differences between an investment representative and a registered sales assistant in terms of educational background:

Investment RepresentativeRegistered Sales Assistant
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Investment representative vs registered sales assistant demographics

Here are the differences between investment representatives' and registered sales assistants' demographics:

Investment RepresentativeRegistered Sales Assistant
Average age4343
Gender ratioMale, 72.1% Female, 27.9%Male, 23.0% Female, 77.0%
Race ratioBlack 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%Black or African American, 5.8% Unknown, 4.1% Hispanic or Latino, 12.1% Asian, 9.1% White, 68.7% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between investment representative and registered sales assistant duties and responsibilities

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.
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Registered sales assistant example responsibilities.

  • Manage numerous, highly confidential details for retirement plan deals from start to finish including meticulous preparation of PowerPoint presentations.
  • Maintain require NASD regulatory files and compliance manuals.
  • Evaluate annuities for future cash flows to determine suitability and to maximize income.
  • Trade equities, fix income, and options through computer systems and trading desks.
  • Provide stock quotes to clients and enter orders for equities and mutual fund trades.
  • Prioritize and execute multiple objectives, projects, or tasks simultaneously while adhering to the firm and FINRA policies and objectives.
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Investment representative vs registered sales assistant skills

Common investment representative skills
  • Money Management, 46%
  • Mutual Funds, 28%
  • Financial Services, 2%
  • FINRA, 2%
  • Customer Relationships, 2%
  • Market Trends, 2%
Common registered sales assistant skills
  • Customer Service, 20%
  • Securities, 7%
  • Client Accounts, 7%
  • Client Service, 6%
  • FINRA, 5%
  • Travel Arrangements, 5%