Investment representative vs representative

The differences between investment representatives and representatives can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an investment representative, becoming a representative takes usually requires 6-12 months. Additionally, an investment representative has an average salary of $65,361, which is higher than the $36,023 average annual salary of a representative.

The top three skills for an investment representative include money management, mutual funds and financial services. The most important skills for a representative are cleanliness, patients, and customer issues.

Investment representative vs representative overview

	Investment Representative	Representative
Yearly salary	$65,361	$36,023
Hourly rate	$31.42	$17.32
Growth rate	10%	-4%
Number of jobs	35,914	252,761
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 78%	Bachelor's Degree, 53%
Average age	43	40
Years of experience	6	12

What does an investment representative do?

Investment representatives, also known as financial advisers, usually work in a bank, investment company, credit institution, or other financial firm. They handle the marketing and promotion of financial services and give clients investment advice. They do this is the phone or through face-to-face transactions. This position requires someone to be customer-oriented, communicate effectively, and know how to handle a crisis.

What does a representative do?

Representatives are lawmakers who represent the people in a specific district. They run for office to represent their districts in their hometown or their current place of living. Representatives are usually charismatic and good communicators. These characteristics are especially important during campaign and election periods. Representatives should be able to capture the hearts of the voters through their planned projects and advocacies. They are then elected by their constituents. Upon election, representatives author bills that will eventually be passed into law should it be approved by the majority of the congress. They also vote on the passage of bills authored by other representatives. They also participate in discussions and debates regarding different bills, issues, and laws. Representatives are expected to vote according to their conscience and in consideration of the voice of their constituents.

Investment representative vs representative salary

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

	Investment Representative	Representative
Average salary	$65,361	$36,023
Salary range	Between $37,000 And $112,000	Between $23,000 And $55,000
Highest paying City	New York, NY	Washington, DC
Highest paying state	New York	New York
Best paying company	American Century Investments	Google
Best paying industry	Finance	Transportation

Differences between investment representative and representative education

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

	Investment Representative	Representative
Most common degree	Bachelor's Degree, 78%	Bachelor's Degree, 53%
Most common major	Business	Business
Most common college	University of Pennsylvania	-

Investment representative vs representative demographics

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

	Investment Representative	Representative
Average age	43	40
Gender ratio	Male, 72.1% Female, 27.9%	Male, 41.8% Female, 58.2%
Race ratio	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%	Black or African American, 11.0% Unknown, 5.4% Hispanic or Latino, 20.9% Asian, 7.5% White, 54.4% American Indian and Alaska Native, 0.7%
LGBT Percentage	6%	7%

Differences between investment representative and representative 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.

Representative example responsibilities.

Manage fitting rooms and recover the department, while providing exceptional customer service and offering rewards and POS options.
Manage physical portfolio with necessary derivatives to mitigate risk within company guidelines.
Conduct telephone sales and interviews, compile and enter information into database, manage documents and insure customer satisfaction.
Review EOB denials, appeals and/or rebilling as appropriate.
Certify of all requirements, policies, and procedures, including MSB.
Take inbound phone calls from member and providers explaining the EOB denial and payments

Investment representative vs representative skills

Common investment representative skills

Money Management, 46%
Mutual Funds, 28%
Financial Services, 2%
FINRA, 2%
Customer Relationships, 2%
Market Trends, 2%

Common representative skills

Cleanliness, 20%
Patients, 11%
Customer Issues, 10%
Customer Service, 10%
Data Entry, 6%
Outbound Calls, 3%

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Investment Representative
Investment Representative vs Representative

Updated January 8, 2025

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