Article Treasures | Broker Salary: Averages

The professional stock broker, the guy who hussles shares of a company, is someone who makes good money - if you trust the stock broker salary data just released.

Here's what the gov't said about the stock broker career in May 2010:

The median annual wage-and-salary wages of securities, commodities, and financial services sales agents were $68,680 in May 2008. The middle half earned between $40,480 and $122,270.
Competition for jobs will continue to be keen with greater applicants than available openings.
Addtionally, the recent financial crisis has resulted in immensity consolidation in the financial industry, a scenario that will likely result in fewer positions as companies attempt to streamline operations by eliminating duplicate tasks.

So, the pay is reasonable, but the jobs are disappearing.

Glassdoor says you can get jobs that pay from $34,000 up to $120,000/year or more. New York is a good place to get a job.it's dog down dog, but there's stock broker jobs.

Still interested in earning a stock broker salary? Here's what you need to do:

Stock Broker Salary In The USA

To earn a living as a stock broker in the US, you first need to pass some tests. Get to know a little about FINRA. They have something called the Series 66 and Series 7 - both are mandatory if you have ambition to get a job as a stock broker in the USA. If you ache to trade derivatives or futures, there are other tests you'll need to pass.

You might want the assistance of Empire as they may to do good test preparation. There are others, too.
Usually, you start off getting a job at a brokerage, and they will cure you with these exams and preparations. Becoming a full fledged broker is something that requires thick skin, the ability to handle rejection,
and a high level of ambition. As Princeton Review says,
A college degree is not required, but most brokers have one. Brokers have to be licensed. A license is obtained by passing the General Securities Registered Representative Examination and, in many cases, posting a bond. Individuals may take this test after they have been employed by a brokerage firm for four months. Firms use these four months as an on-the-job training period to prepare their workers for the test. Many states also require the candidate to perform the Uniform Securities Agents State Law Examination. These tests are designed to ensure the candidate's knowledge of all aspects of the stock market. After passing these tests, an individual is considered a trainee. While working full time, he takes classes and trains for up to two years. Employees are expected to adopt training courses throughout their careers to keep abreast of developments in the field. Those with prior work experience have the greatest opportunities for becoming a stock broker. Few general public become brokers straight out of college. Most employers seek applicants who have already succeeded in other fields, such as insurance sales. If you know your interests lie in the market, study economics, finances, computers, and business management in college. Many employers view ambition as the most important quality a candidate can possess.