Tuesday, June 10, 2014

Review of www.broker::Broker Loads?







Review of www.broker::Broker Loads?








Stock               brokers               and               investment               bankers               are               the               rock               stars               of               the               securities               industry,               but               they               cannot               perform               their               jobs               without               the               help               of               a               broker               assistant.

There               are               tens               of               thousands               of               jobs               for               broker               assistants               just               in               the               United               States.

The               United               States               Department               of               Labor               Bureau               of               Labor               Statistics               has               the               term               "brokerage               clerk"               to               classify               broker               assistant               into               a               job               category.

According               to               2008               statistics               compiled               and               published               by               that               agency,               there               were               67,600               brokerage               clerks.

These               broker-assistant               positions               are               expected               to               decline               around               3%               from               that               figure               by               2018.

This               means               that               an               increasingly               higher               degree               of               education               may               be               necessary               to               secure               a               job               and               build               a               career               as               a               broker               assistant.
               In               that               same               study,               the               median               salary               of               broker               assistants               was               $38,710.

The               mean               average               is               a               bit               higher               because               there               are               some               high-paying               positions               for               the               most               coveted               brokerage               clerk/assistant               positions.
               The               place               you               live               is               also               relevant               to               whether               you               can               find               jobs               as               a               broker               assistant.

Many               small               offices               do               not               have               an               assistant,               so               you               need               to               go               where               the               big               companies               are               to               increase               your               chances               of               a               career               as               a               broker               assistant,               For               example,               of               the               jobs               tracked               in               2010,               a               full               11,000               of               them               were               in               New               York,               the               clear               hotbed               of               the               securities               market.
               Another               4000               jobs               for               brokerage               clerks               are               in               neighboring               New               Jersey,               which               forms               part               of               the               greater               NYC               metropolitan               area.

Even               nearby               Connecticut               has               1000               of               these               jobs.

Thus,               living               in               the               Northeast               and               around               New               York               City               is               going               to               improve               your               chances               of               having               a               broker-assistant               career.

Even               Boston               is               one               of               the               bigger               places               to               find               brokerage-clerk               jobs.

However,               there               is               a               decent               market               for               assistants               in               the               Chicago               area,               as               well.

California               has               3000               or               so               positions               scattered               throughout               the               state.

Other               states               tend               to               have               only               a               few               hundred               jobs               for               these               broker               clerks.
               In               terms               of               education,               there               really               are               no               specific               requirements               to               become               a               clerk               or               brokerage               assistant.

However,               with               jobs               on               the               decline,               it               is               best               to               have               a               bachelor's               degree,               particularly               one               of               the               social               sciences.

Good               examples               of               college               degree               programs               that               are               good               for               this               career               are               bookkeeping               and               accounting.

Other               majors               related               to               banking               and               finance               could               also               set               you               apart               from               the               increasingly               stiff               competition               faced               by               aspiring               broker               assistants.
               Resources:
               Bureau               of               Labor               Statistics:               Brokerage               Clerks
               BLS:               2010               Employment               Data               for               the               Career               of               Brokerage               Clerk               







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