Stock broker vs bond broker

The differences between stock brokers and bond brokers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a stock broker and a bond broker. Additionally, a bond broker has an average salary of $64,594, which is higher than the $59,096 average annual salary of a stock broker.

The top three skills for a stock broker include financial products, client portfolios and securities. The most important skills for a bond broker are bonds, securities, and fixed income.

Stock broker vs bond broker overview

	Stock Broker	Bond Broker
Yearly salary	$59,096	$64,594
Hourly rate	$28.41	$31.05
Growth rate	10%	10%
Number of jobs	29,202	1,863
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 83%
Average age	43	43
Years of experience	6	6

Stock broker vs bond broker salary

Stock brokers and bond brokers have different pay scales, as shown below.

	Stock Broker	Bond Broker
Average salary	$59,096	$64,594
Salary range	Between $37,000 And $93,000	Between $39,000 And $105,000
Highest paying City	New York, NY	-
Highest paying state	New York	-
Best paying company	ICAP	-
Best paying industry	Finance	-

Differences between stock broker and bond broker education

There are a few differences between a stock broker and a bond broker in terms of educational background:

	Stock Broker	Bond Broker
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 83%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Stock broker vs bond broker demographics

Here are the differences between stock brokers' and bond brokers' demographics:

	Stock Broker	Bond Broker
Average age	43	43
Gender ratio	Male, 85.5% Female, 14.5%	Male, 87.7% Female, 12.3%
Race ratio	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%	Black or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 12.1% Asian, 9.1% White, 68.8% American Indian and Alaska Native, 0.2%
LGBT Percentage	6%	6%

Differences between stock broker and bond broker duties and responsibilities

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.

Bond broker example responsibilities.

Retail trader, fix income securities; manage client account activity; properly allocate client funds to appropriate investment options
Track equities of convertible issues for identification of arbitrage opportunities.
Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
Execute large volume of retail orders (OTC, list and add lots).

Stock broker vs bond broker skills

Common stock broker skills

Financial Products, 11%
Client Portfolios, 10%
Securities, 8%
Bonds, 7%
Stock Market, 4%
Cold Calls, 4%

Common bond broker skills

Bonds, 27%
Securities, 12%
Fixed Income, 11%
Treasury, 9%
Portfolio, 6%
Bloomberg, 6%

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Stock Broker
Stock Broker vs Bond Broker

Updated January 8, 2025

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