Annual Salary, Salary Range, and Highest Paying States and Industries
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Brokerage Clerks
Brokerage Clerks perform duties related to the purchase, sale, or holding of securities. Duties include writing orders for stock purchases or sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, distributing dividends, and keeping records of daily transactions and holdings.
Table of contents
- Average salary
- Starting salary
- Salary rank
- Salary range
- Highest paying states
- Highest paying industries
Average salary
Starting salary
Entry-level Brokerage Clerks with little to no experience can expect to make anywhere between $37,100 to $45,280 per year or $18 to $22 per hour. Similar to any other job, their salary will increase as they gain experience.
Salary rank
We wanted to make it easy for our readers to compare the salary of Brokerage Clerks to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.
Salary range
| Level | Hourly | Annual |
|---|---|---|
| Highest (Top 10%) | $40 | $83,260 |
| Senior (Top 25%) | $32 | $67,420 |
| Middle (Mid 50%) | $27 | $55,270 |
| Junior (Bottom 25%) | $22 | $45,280 |
| No experience (Bottom 10%) | $18 | $37,100 |
Highest paying states
| State | Hourly | Annual |
|---|---|---|
| NY | $36 | $75,710 |
| CT | $34 | $70,690 |
| ME | $32 | $66,340 |
| DC | $31 | $64,960 |
| NJ | $31 | $64,200 |
| WA | $30 | $63,130 |
| IL | $30 | $62,290 |
| CA | $29 | $61,010 |
| MA | $29 | $60,610 |
| DE | $29 | $60,560 |
Another simple way to increase your salary as a Brokerage Clerk is to move to a higher paying state. However moving to a higher paying state like NY doesn’t guarantee that you will make more because the expenses at NY might be much higher than where you are currently living at right now.
According to BLS, the highest paid Brokerage Clerks are in the states of NY, CT, ME, DC and NJ.
Highest paying industries
| Salary by industry | Annual | Hourly |
|---|---|---|
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities | $59610 | $28.66 |
| Legal Services | $58620 | $28.19 |
| Credit Intermediation and Related Activities | $57290 | $27.54 |
| Local Government | $56920 | $27.36 |
| Freight Transportation Arrangement | $56470 | $27.15 |
| Management of Companies and Enterprises | $55290 | $26.58 |
| Employment Services | $53090 | $25.52 |
| Nondepository Credit Intermediation | $52280 | $25.13 |
| Insurance Carriers | $51420 | $24.72 |
| Real Estate | $50810 | $24.43 |
| Agencies, Brokerages, and Other Insurance Related Activities | $50520 | $24.29 |
| Automobile Dealers | $46510 | $22.36 |
| General Medical and Surgical Hospitals | $36110 | $17.36 |
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