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Investment representative vs stock broker

The differences between investment representatives and stock brokers 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 stock broker. Additionally, an investment representative has an average salary of $65,361, which is higher than the $59,096 average annual salary of a stock broker.

The top three skills for an investment representative include money management, mutual funds and financial services. The most important skills for a stock broker are financial products, client portfolios, and securities.

Investment representative vs stock broker overview

Investment RepresentativeStock Broker
Yearly salary$65,361$59,096
Hourly rate$31.42$28.41
Growth rate10%10%
Number of jobs35,91429,202
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 77%
Average age4343
Years of experience66

Investment representative vs stock broker salary

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

Investment RepresentativeStock Broker
Average salary$65,361$59,096
Salary rangeBetween $37,000 And $112,000Between $37,000 And $93,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkNew York
Best paying companyAmerican Century InvestmentsICAP
Best paying industryFinanceFinance

Differences between investment representative and stock broker education

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

Investment RepresentativeStock Broker
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 77%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Investment representative vs stock broker demographics

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

Investment RepresentativeStock Broker
Average age4343
Gender ratioMale, 72.1% Female, 27.9%Male, 85.5% Female, 14.5%
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, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.4% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between investment representative and stock broker 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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Stock broker example responsibilities.

  • Manage communication with clients regarding margin call requirements base on NYSE and NASD standards.
  • Administer the purchase and sale of small cap equities trade on NASDAQ and NYSE exchanges.
  • Study to pass all require FINRA testing!
  • Develop and monitor all stock trading and reporting and institute guidelines for proper FINRA procedures.
  • Calculate common area maintenance expenses and CPI increases and notify tenants via letter of increases.
  • Generate over $200k in derivative commission revenue through full-service brokerage and execution and roughly $100K in self-direct trading commission.
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Investment representative vs stock broker skills

Common investment representative skills
  • Money Management, 46%
  • Mutual Funds, 28%
  • Financial Services, 2%
  • FINRA, 2%
  • Customer Relationships, 2%
  • Market Trends, 2%
Common stock broker skills
  • Financial Products, 11%
  • Client Portfolios, 10%
  • Securities, 8%
  • Bonds, 7%
  • Stock Market, 4%
  • Cold Calls, 4%