What is a stock broker and how to become one

Updated January 8, 2025
3 min read
The average stock broker salary is $59,096. The most common degree is a bachelor's degree degree with an business major. It usually takes 4-6 years of experience to become a stock broker. Stock brokers with a Certified Professional, Life and Health Insurance Program (CPLHI) certification earn more money. Between 2018 and 2028, the career is expected to grow 10% and produce 47,700 job opportunities across the U.S.
ScoreStock BrokerUS Average
Salary
4.6

Avg. Salary $59,096

Avg. Salary $59,228

Stability Level
6.7

Growth Rate 10%

Growth Rate 0.3%

Diversity
6.1
Race

American Indian and Alaska Native 0.21%

Asian 12.34%

Black or African American 5.50%

Hispanic or Latino 11.43%

Unknown 4.12%

White 66.40%

Gender

female 14.50%

male 85.50%

Age - 43
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43
Stress Level
6.7

Stress level is high

7.1 - high

Complexity Level
8.6

Complexity Level is advanced

7 - challenging

Work Life Balance
6.7

Work Life balance is good

6.4 - fair

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Stock Broker career paths

Key steps to become a stock broker

  1. Explore stock broker education requirements

    Most common stock broker degrees

    Bachelor's

    76.6 %

    Master's

    9.5 %

    Associate

    9.3 %
  2. Start to develop specific stock broker skills

    Skills
    ascdesc
    Percentages
    ascdesc
    Financial Products10.93%
    Client Portfolios9.68%
    Securities7.82%
    Bonds7.47%
    Stock Market4.37%
  3. Complete relevant stock broker training and internships

    Accountants spend an average of 3-6 months on post-employment, on-the-job training. New stock brokers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a stock broker based on U.S. Bureau of Labor Statistics data and data from real stock broker resumes.
  4. Research stock broker duties and responsibilities

    • Manage communication with clients regarding margin call requirements base on NYSE and NASD standards.
    • Administer the purchase and sale of small cap equities trade on NASDAQ and NYSE exchanges.
    • Study to pass all require FINRA testing!
    • Develop and monitor all stock trading and reporting and institute guidelines for proper FINRA procedures.
  5. Prepare your stock broker resume

    When your background is strong enough, you can start writing your stock broker resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a stock broker resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose From 10+ Customizable Stock Broker Resume templates

    Build a professional Stock Broker resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Stock Broker resume.
    Stock Broker Resume
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    Stock Broker Resume
    Stock Broker Resume
    Stock Broker Resume
  6. Apply for stock broker jobs

    Now it's time to start searching for a stock broker job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How Did You Land Your First Stock Broker Job

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Average stock broker salary

The average Stock Broker salary in the United States is $59,096 per year or $28 per hour. Stock broker salaries range between $37,000 and $93,000 per year.

Average Stock Broker Salary
$59,096 Yearly
$28.41 hourly

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.