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Market maker vs mutual funds agent

The differences between market makers and mutual funds agents 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 a mutual funds agent. Additionally, a market maker has an average salary of $108,335, which is higher than the $31,809 average annual salary of a mutual funds agent.

The top three skills for a market maker include equity options, portfolio risk and NASD. The most important skills for a mutual funds agent are mutual funds, securities, and financial products.

Market maker vs mutual funds agent overview

Market MakerMutual Funds Agent
Yearly salary$108,335$31,809
Hourly rate$52.08$15.29
Growth rate10%10%
Number of jobs17,61828,493
Job satisfaction--
Most common degreeBachelor's Degree, 87%Bachelor's Degree, 66%
Average age4343
Years of experience66

Market maker vs mutual funds agent salary

Market makers and mutual funds agents have different pay scales, as shown below.

Market MakerMutual Funds Agent
Average salary$108,335$31,809
Salary rangeBetween $62,000 And $188,000Between $20,000 And $49,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between market maker and mutual funds agent education

There are a few differences between a market maker and a mutual funds agent in terms of educational background:

Market MakerMutual Funds Agent
Most common degreeBachelor's Degree, 87%Bachelor's Degree, 66%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Market maker vs mutual funds agent demographics

Here are the differences between market makers' and mutual funds agents' demographics:

Market MakerMutual Funds Agent
Average age4343
Gender ratioMale, 92.1% Female, 7.9%Male, 51.9% Female, 48.1%
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, 5.8% Unknown, 4.2% Hispanic or Latino, 12.3% Asian, 9.0% White, 68.5% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between market maker and mutual funds agent 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.
  • Show more

Mutual funds agent example responsibilities.

  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Provide prospects and clients with financial plans and sell securities and insurance consistent with say plans.
  • Demonstrate strong understanding of Comcast products, promoting and selling offerings to individual customers by knocking every door within assign territories.
  • Demonstrate strong understanding of Comcast products, promoting and selling offerings to individual customers by knocking every door within assign territories.

Market maker vs mutual funds agent skills

Common market maker skills
  • Equity Options, 11%
  • Portfolio Risk, 9%
  • NASD, 7%
  • Financial Markets, 6%
  • Manage Risk, 6%
  • Equities, 5%
Common mutual funds agent skills
  • Mutual Funds, 20%
  • Securities, 17%
  • Financial Products, 15%
  • Inbound Calls, 13%
  • Loan Applications, 12%
  • Outbound Calls, 6%