How much does a stockbroker make?

Stockbrokers scan market prices and company news, then talk with clients about their goals and possible stocks or bonds. They place buy or sell orders, follow trades, and may call potential clients or meet people after hours.

Did you know? In the U.S., you can take the SIE securities-industry exam before you have a job sponsor, and a passing result lasts four years.

In the U.S., stockbrokers usually earn a bachelor’s degree, often in business, then learn the job through employer training. To become registered to sell a broad range of securities, pass the SIE and the Series 7 exam, which requires sponsorship by a FINRA-member firm.

School needed: Usually a bachelor's degree

Good for people who like leading and selling and keeping things organized

Why does pay differ?

In the United States, experience and success building a client list matter: beginners often start on salary, while commissions and bonuses depend on sales or performance. Pay also differs by employer industry, location, and specialty; investment bankers, for example, may earn large performance bonuses.