The Department of Labor (DOL) projects that, through 2033, employment of securities, commodities, and financial services sales agents will increase by 7 percent, faster than the average for all occupations. On the one hand, factors such as automated trading systems and industry consolidation will continue to hinder job growth in this profession. Additionally, the Internet has made it simple to execute simple stock purchases without help from a broker. However, economic growth will provide opportunities for investment bankers involved with mergers and acquisitions and initial public offerings. The increase in the aging population will also create more demand for banking sales brokers. The decline of traditional pensions could mean those nearing retirement will seek out sales brokers to help with their securities purchases. The DOL indicates that competition for positions will be intense, with more applicants than openings. Those with graduate degrees and certifications will have the best prospects.
- Accountants
- Auditors
- Chief Executive Officers
- Chief Financial Officers
- Commodities Brokers
- Compliance Managers
- Financial Analysts
- Financial Consultants
- Financial Institution Officers and Managers
- Financial Institution Tellers, Clerks, and Related Workers
- Financial Quantitative Analysts
- Financial Services Brokers
- Hedge Fund Investor Relations Specialists
- Hedge Fund Relationship Managers
- Investment Bankers
- Investment Banking Analysts
- Investment Banking Associates
- Investment Banking Traders
- Investment Fund Managers
- Investment Professionals
- Investment Underwriters
- Mergers and Acquisitions Attorneys
- Mutual Fund Wholesalers
- Private Bankers
- Regulatory Affairs Managers
- Regulatory Affairs Specialists
- Wealth Management Associates
- Wealth Management Investor Relations Specialists
