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The differences between oil lease brokers and registered representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an oil lease broker and a registered representative. Additionally, an oil lease broker has an average salary of $54,922, which is higher than the $54,074 average annual salary of a registered representative.
The top three skills for an oil lease broker include real estate, financial products and market research. The most important skills for a registered representative are financial services, financial products, and securities.
| Oil Lease Broker | Registered Representative | |
| Yearly salary | $54,922 | $54,074 |
| Hourly rate | $26.40 | $26.00 |
| Growth rate | 10% | 10% |
| Number of jobs | 4,598 | 17,622 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 80% |
| Average age | 43 | 43 |
| Years of experience | 6 | 6 |
Oil lease brokers and registered representatives have different pay scales, as shown below.
| Oil Lease Broker | Registered Representative | |
| Average salary | $54,922 | $54,074 |
| Salary range | Between $34,000 And $86,000 | Between $33,000 And $88,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | New York Life Insurance |
| Best paying industry | - | Finance |
There are a few differences between an oil lease broker and a registered representative in terms of educational background:
| Oil Lease Broker | Registered Representative | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 80% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between oil lease brokers' and registered representatives' demographics:
| Oil Lease Broker | Registered Representative | |
| Average age | 43 | 43 |
| Gender ratio | Male, 74.6% Female, 25.4% | Male, 77.4% Female, 22.6% |
| Race ratio | Black or African American, 5.8% Unknown, 4.2% Hispanic or Latino, 12.2% Asian, 9.0% White, 68.6% American Indian and Alaska Native, 0.2% | Black or African American, 5.8% Unknown, 4.2% Hispanic or Latino, 12.3% Asian, 10.3% White, 67.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 6% | 6% |