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The differences between stock brokers and finance planners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a stock broker, becoming a finance planner takes usually requires 2-4 years. Additionally, a finance planner has an average salary of $71,607, 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 finance planner are financial aid, financial services, and client facing.
| Stock Broker | Finance Planner | |
| Yearly salary | $59,096 | $71,607 |
| Hourly rate | $28.41 | $34.43 |
| Growth rate | 10% | 15% |
| Number of jobs | 29,202 | 91,557 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 73% |
| Average age | 43 | 45 |
| Years of experience | 6 | 4 |
Stock brokers and finance planners have different pay scales, as shown below.
| Stock Broker | Finance Planner | |
| Average salary | $59,096 | $71,607 |
| Salary range | Between $37,000 And $93,000 | Between $42,000 And $120,000 |
| Highest paying City | New York, NY | Springfield, MA |
| Highest paying state | New York | Massachusetts |
| Best paying company | ICAP | Northern Trust |
| Best paying industry | Finance | Insurance |
There are a few differences between a stock broker and a finance planner in terms of educational background:
| Stock Broker | Finance Planner | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between stock brokers' and finance planners' demographics:
| Stock Broker | Finance Planner | |
| Average age | 43 | 45 |
| Gender ratio | Male, 85.5% Female, 14.5% | Male, 62.0% Female, 38.0% |
| 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, 4.4% Hispanic or Latino, 9.6% Asian, 8.4% White, 71.8% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 6% | 5% |