Brokerage Clerks

43-4011.00 Zone 3 — Medium Preparation Needed

Perform duties related to the purchase, sale, or holding of securities. Duties include writing orders for stock purchases or sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, distributing dividends, and keeping records of daily transactions and holdings.

Also known as: Account Administrator, Broker Assistant, Broker Associate, Brokerage Agent, Brokerage Analyst, Brokerage Assistant, Brokerage Associate, Brokerage Clerk, ...

Annual Salary

$62,940

Median annual wage (May 2024)

$53,880 25th – 75th percentile $77,400
10th percentile $47,730
90th percentile $91,650
U.S. Employment: 40,090

Job Outlook

-9.5%

Projected growth, 2024–2034 (Declining)

Annual Job Openings 4,100 per year (avg. 2024–2034)
Typical education: High school diploma or equivalent
On-the-job training: Moderate-term on-the-job training

What You'd Do

  • Correspond with customers and confer with coworkers to answer inquiries, discuss market fluctuations, or resolve account problems.
  • Prepare forms, such as receipts, withdrawal orders, transmittal papers, or transfer confirmations, based on transaction requests from stockholders.
  • File, type, or operate standard office machines.
  • Document security transactions, such as purchases, sales, conversions, redemptions, or payments, using computers, accounting ledgers, or certificate records.
  • Perform clerical tasks, such as answering phones or distributing mail.
  • Schedule and coordinate transfer and delivery of security certificates between companies, departments, and customers.
  • Monitor daily stock prices and compute fluctuations to determine the need for additional collateral to secure loans.
  • Compute total holdings, dividends, interest, transfer taxes, brokerage fees, or commissions and allocate appropriate payments to customers.
  • Prepare reports summarizing daily transactions and earnings for individual customer accounts.
  • Verify ownership and transaction information and dividend distribution instructions to ensure conformance with governmental regulations, using stock records and reports.

Top Skills

Active Listening 3.9
Speaking 3.9
Reading Comprehension 3.8
Time Management 3.5
Critical Thinking 3.4
Writing 3.1
Monitoring 3.1
Mathematics 3.0

Importance scale: 1 (low) – 5 (high)

Knowledge Areas

English Language 4.1
Customer and Personal Service 3.8
Mathematics 3.5
Computers and Electronics 3.3
Economics and Accounting 3.2
Administrative 3.1
Sales and Marketing 2.8
Law and Government 2.7

Importance scale: 1 (low) – 5 (high)

Education Level Distribution

Percentage of workers in this occupation by education level

Bachelor's
38.2%
High School
29.1%
Some College
20%
Associate's
12.7%

Technology & Tools

Software and tools commonly used in this role

In-Demand Technologies

Adobe Acrobat Adobe Creative Cloud software Adobe Illustrator Adobe InDesign Adobe Photoshop Microsoft Access Microsoft Excel Microsoft Office software Microsoft Outlook Microsoft PowerPoint Microsoft SharePoint Microsoft Word Oracle PeopleSoft Salesforce software Structured query language SQL

Other Tools

Account management software Adobe Dreamweaver Bloomberg Professional Customer relationship management CRM software HEAT Software GoldMine Instant messaging software Microsoft Dynamics Microsoft Visual FoxPro Online trading software Royal Alliance VISION2020 Core Scheduling software Spreadsheet software Transaction processing software Web browser software WiredRed Software e/pop Basic

Work Styles

Personality traits and work styles important for this career

2.7
Attention to Detail
2.7
Dependability
2.0
Integrity
1.4
Self-Control
1.2
Social Orientation
1.1
Achievement Orientation
1.1
Adaptability

Key Abilities

Cognitive, physical, and sensory abilities important for this role

Oral Comprehension 4.0
Oral Expression 3.9
Written Comprehension 3.8
Near Vision 3.8
Written Expression 3.6
Speech Recognition 3.6
Speech Clarity 3.6
Information Ordering 3.5

Importance scale: 1 (low) – 5 (high)

Work Activities

General types of job behaviors occurring on this job

Getting Information 4.3
Working with Computers 4.2
Processing Information 4.1
Communicating with People Outside the Organization 4.0
Establishing and Maintaining Interpersonal Relationships 3.8
Evaluating Information to Determine Compliance with Standards 3.7
Making Decisions and Solving Problems 3.6
Updating and Using Relevant Knowledge 3.5

Importance scale: 1 (low) – 5 (high)

Work Environment

Physical and social factors that influence the nature of work

Telephone Conversations
5.0
E-Mail
5.0
Contact With Others
4.8
Importance of Being Exact or Accurate
4.7
Face-to-Face Discussions with Individuals and Within Teams
4.7
Time Pressure
4.6
Indoors, Environmentally Controlled
4.5
Importance of Repeating Same Tasks
4.5
Deal With External Customers or the Public in General
4.4
Work With or Contribute to a Work Group or Team
4.4
Spend Time Sitting
4.1
Determine Tasks, Priorities and Goals
4.1

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Salary data: BLS Occupational Employment and Wage Statistics, May 2024. Outlook data: BLS Employment Projections, 2024–2034.

This page includes information from the O*NET 30.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license.