Average stock broker salary. Average$4, Range$1, - $29, How much does a Stock Broker make? The national average salary for a Stock Broker is $49, in United States. Filter by location to see Stock Broker salaries in your area. Salary estimates are based on salaries submitted anonymously to Glassdoor by Stock Broker.

Average stock broker salary

Stock broker salary

Average stock broker salary. The U.S. Bureau of Labor Statistics, or BLS, includes stock brokers under the category, "Securities, Commodities, and Financial Services Sales Agents." That said, they earned an average annually income of $, as of May , according to BLS, or $8, per month. Most of their earnings come from commissions.

Average stock broker salary

Click to view larger version. And Pin it here: View our pages on Facebook and Twitter! Near major metropolitan areas, stockbrokers can earn a lot more compared to rural or smaller towns. These are the top five districts:. Boston, MA is where securities sales representatives earn the most.

As you can see, just after the Financial Crisis of , stock broker earnings dipped a little in However, investment activity increased in the years following In fact, the Dow Jones Industrial Average reached its highest level ever 18, It has since gone beyond that level. Higher investment activity leads to increased incomes for registered representatives. Hover over graph to see values. Just like any other industry, different brokerage firms can pay varying amounts to their associates.

Top brokerage firms like Merrill Lynch or Wells Fargo , may tweak their compensation plans for financial advisors i. Above and beyond an average stock broker salary, those in this field earn income in a few different ways. The accumulation can turn this career into a very lucrative profession for many. Generally, as a stock broker matures into the profession, the base salary paid by the firm will decrease.

The main bread and butter then are the commissions generated from trading securities on behalf of clients. In order to receive a commission from doing this one must obtain the Series 7 License. Incentive bonuses are what make careers in this field very profitable. Typically, the more revenue you bring into a firm, the higher your bonuses will be.

In order to receive fees for doing these financial services one must obtain the Series 65 or 66 License. Mail will not be published required. Currently you have JavaScript disabled. In order to post comments, please make sure JavaScript and Cookies are enabled, and reload the page. Click here for instructions on how to enable JavaScript in your browser.

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