Stockbroker Salary

The average pay for a Stockbroker is $45,289 per year. Experience has a moderate effect on salary for this job.

$30,201 - $195,742
$30K
$46K
$200K
MEDIAN: $45,944
10%
50%
90%

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$16.00 - $30.00
$22
MEDIAN: $21.73
50%

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$0$195K
Salary $30,201 - $195,742
Bonus $545 - $11,000
Profit Sharing $4,400
Commission $7,500
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,590 - $193,004
  • Country: United States
  • Currency: USD
  • Updated: 16 Oct 2017
  • Individuals Reporting: 20
Hourly Data $0$32
Hourly Rate $21.73
Overtime $32.59
Annual Data $0$193K
Bonus $545 - $11,000
Commission $7,500
Profit Sharing $4,400
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,590 - $193,004
  • Country: United States
  • Currency: USD
  • Updated: 16 Oct 2017
  • Individuals Reporting: 7

Job Description for Stockbroker

Stockbrokers 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. Stockbrokers' clients may be individual investors and/or companies, and excellent communication and interpersonal skills are required to communicate effectively with these clients. Stockbrokers 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.

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Stockbroker 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.

Stockbroker Job Listings

Pay by Experience Level for Stockbroker

Pay by Experience for a Stockbroker has a positive trend. An entry-level Stockbroker with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 24 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Stockbroker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $70,000 based on 7 salaries. An experienced Stockbroker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $80,000 based on 9 salaries. A Stockbroker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $250,000 based on 6 salaries.

Key Stats for Stockbroker

Gender

Female
25 %
Male
75 %
Less than 1 year
11%
1-4 years
56%
5-9 years
26%
10-19 years
7%

Experience Affects Stockbroker Salaries

Late-Career
▲379%

Experienced
▲53%

Mid-Career
▲34%

National Average
$52,000

Entry-Level
▼6%

Gender

Female
25 %
Male
75 %

Years of Experience

Less than 1 year
11%
1-4 years
56%
5-9 years
26%
10-19 years
7%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 83%
vision benefits
Vision: 58%
no benefits
None: 8%