Broker salary stock trainee

Broker salary stock trainee

Posted: firmpepper On: 21.06.2017

This group's pay is mainly influenced by geographic location, followed by years of experience and the particular employer. The majority of Stock Brokers claim high levels of job satisfaction. Most report receiving medical coverage from their employers and the larger part collect dental insurance.

broker salary stock trainee

Generally, women make up less than a third of all Stock Brokers who answered the questionnnaire. Add this chart to your site: Stock brokers perform financial services for their organization's clients related to stocks and other securities. They advise their clients on current and prospective investments, help manage their portfolios and provide advice on which investments might have the best returns, as well as process transactions on their clients' behalf.

Stock brokers must be able to make decisions in a fast-paced environment, perform effective financial analysis, manage multiple client portfolios effectively, and work to maintain good relationships with clients. They need to maintain an up-to-date understanding of the stock market and monitor changes in the market throughout their workday.

Stock brokers typically work for financial service organizations during the hours the stock market is open, with additional hours often required. They may be paid based on commission or flat fees, which means having a large, steady base of clients is critical.

These professionals generally work in an office environment with minimal physical requirements. To become a stock broker, a bachelor's degree in a related field such as finance or business is typically required.

Relevant training - such as successful completion of Series 7, 63 and 65 classes - is needed as well. Stock brokers must have good customer service and sales skills, as well as be able to use basic computer programs needed to perform the functions of their job.

Pay by Experience for a Stock Broker has a positive trend. Average total compensation includes tips, bonus, and overtime pay. For Stock Brokers, New York provides a pay rate that is percent greater than the national average.

Compared to the national average, Austin Stock Brokers have considerably lower salaries, 29 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Denver and Indianapolis are a couple other places where companies are known to pay below the median — salaries are 28 percent lower and 19 percent lower, respectively.

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broker salary stock trainee

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X All compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.

X Total Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity stock compensation, cash value of retirement benefits, or the value of other non-cash benefits e. National Hourly Rate Data? Is Stock Broker your job title?

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Stockbroker Trainee's Salaries | eHow

Manage client portfolio with care and integrity, ensuring that their financial well-being is protected. Maintain knowledge of all financial services the company offers and promote these services to the client. Stock Broker Job Listings. Popular Employer Salaries for Stock Broker. Pay by Experience Level for Stock Broker. Pay Difference by Location. Key Stats for Stock Broker.

Years of Experience Less than 1 year. Assistant Branch Manager, Banking. Assistant General Manager AGM. Assistant Manager, Customer Service. Experience Affects Stock Broker Salaries.

broker salary stock trainee

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