Brokerage Clerks: Salary, Job Description, How To Become One, and Quiz

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Brokerage Clerks career information
pros and cons of being a Brokerage Clerk

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.

$53940
Salary
59%
Job Satisfaction
Not Too Hard
Becoming One
Low
Job Growth
Suitable Personality

Brokerage Clerks

Salary, Job Description, How To Become One, and More


In this career summary, you will find out what the job of a Brokerage Clerk is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

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.


    Read more about what does a Brokerage Clerk really do at work and what is it like being and working as one.




    Become one

    schools for Brokerage Clerks

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    Salary

    Average salary
    $53940 per year

    Average hourly wage
    $26 per hour


    Brokerage Clerks with little to no experience tend to make between $34670 and $42180 while the more experienced ones can earn over $62610 per year.

    Top 5 paying statesHourlyAnnual
    NY$33$67,730
    CT$29$60,400
    VT$29$59,590
    NJ$28$59,240
    CA$28$58,130

    One of the easiest ways to increase your salary as a Brokerage Clerk is to move to a higher paying state like NY. Right now, the highest paying states for Brokerage Clerks are NY, CT, VT, NJ and CA.

    However a higher pay at NY doesn’t guarantee that you will make more because the living expenses at NY might be twice as high than where you are currently at now.

    Three other factors that can increase your salary as a Brokerage Clerk is the degree you hold, the industry you work in and lastly the company you work for.



    Requirements

    Recommended degree level
    Bachelor’s Degree

    We asked other Brokerage Clerks what degree they had when they got the job and most of them said they had a Bachelor’s Degree followed by a High School Diploma.

    Other than that, we also asked them what did they major in and here are the most popular majors that came up.

    Accounting Technology/Technician and Bookkeeping

    Read more about how to become a Brokerage Clerk and the degree, training and education you need.



    Pros and Cons

    Here are some of the pros and cons of being a Brokerage Clerk.

    PROS
    Suitable for people who likes to follow routines
    Suitable for people who values relationships between co-workers and customers and wants to work in a friendly non-competitive environment
    This career is perfect for people who love to work indoors.
    It is not too difficult to get into this career. Previous work-related skill, knowledge, or experience is required for this career.
    Normal working hours (40 hours per week)
    CONS
    Not suitable for people who likes to work with designs
    Salary is below average



    What is the job like

    Job satisfaction
    59%

    Is this job meaningful
    27%


    59% of Brokerage Clerks said they were satisfied with their job and 27% said they feel like their job is making other people’s lives better.



    Is this right for me

    Best personality for this career
    The Organizers and The Entrepreneurs


    You can read more about these career personality types here.

    People who are suitable for this job tends to like following set procedures and routines. They like working with data and details more than with ideas..

    They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.



    How we can help

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    Related career information

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