A Stock Broker at Fidelity Investments earns an average salary of $47,495 per year.
Job Description for Stock Broker
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' clients may be individual investors and/or companies, and excellent communication and interpersonal skills are required to communicate effectively with these clients. 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.Read More...
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. (Copyright 2018 PayScale.com)
Stock Broker Tasks
- Analyze and interpret portfolios and assist in creation of strategies to meet financial goals of the client.
- 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
Key Stats for Stock Broker