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Market maker vs investment representative

The differences between market makers 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 market maker and an investment representative. Additionally, a market maker has an average salary of $108,335, which is higher than the $65,361 average annual salary of an investment representative.

The top three skills for a market maker include equity options, portfolio risk and NASD. The most important skills for an investment representative are money management, mutual funds, and financial services.

Market maker vs investment representative overview

Market MakerInvestment Representative
Yearly salary$108,335$65,361
Hourly rate$52.08$31.42
Growth rate10%10%
Number of jobs17,61835,914
Job satisfaction--
Most common degreeBachelor's Degree, 87%Bachelor's Degree, 78%
Average age4343
Years of experience66

Market maker vs investment representative salary

Market makers and investment representatives have different pay scales, as shown below.

Market MakerInvestment Representative
Average salary$108,335$65,361
Salary rangeBetween $62,000 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 market maker and investment representative education

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

Market MakerInvestment Representative
Most common degreeBachelor's Degree, 87%Bachelor's Degree, 78%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Market maker vs investment representative demographics

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

Market MakerInvestment Representative
Average age4343
Gender ratioMale, 92.1% Female, 7.9%Male, 72.1% Female, 27.9%
Race ratioBlack or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 12.1% Asian, 9.9% White, 67.9% 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 market maker and investment representative duties and responsibilities

Market maker example responsibilities.

  • Manage and critiqu all trades execute on NYMEX trading floor via computer system.
  • Trade several equities and options names, managing all risk, capital and executing trades using electronic screen base software/technology.
  • Dissect and manage complex derivative position risks, manage risks and interpret complex financial documents.
  • Price and risk manage multiple positions in corporate derivatives, including accelerate share buyback programs and long-date convertible bond/call spread overlays.
  • Merge business operations to expand service offering to include etf's, options, and foreign adr's.
  • Analyze market conditions and make decisions to buy/sell equities using fundamental and technical analysis.
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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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Market maker vs investment representative skills

Common market maker skills
  • Equity Options, 11%
  • Portfolio Risk, 9%
  • NASD, 7%
  • Financial Markets, 6%
  • Manage Risk, 6%
  • Equities, 5%
Common investment representative skills
  • Money Management, 46%
  • Mutual Funds, 28%
  • Financial Services, 2%
  • FINRA, 2%
  • Customer Relationships, 2%
  • Market Trends, 2%