Brokerage Clerks

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.

$48,650

Median Annual Pay

Jobs growth:

-5% projected 2024–2034

High school diploma or equivalent

Typical Entry-Level Education

What They Do

Brokerage clerks work behind the scenes in investment firms, banks, and stock exchanges to ensure securities transactions happen smoothly and accurately. They spend their days processing buy and sell orders for stocks, bonds, and other investments, carefully verifying that all the details match before executing trades. Much of their work involves meticulous record-keeping, tracking which securities clients own, when trades occurred, and calculating associated costs like transfer taxes and fees. They monitor stock price movements throughout the trading day, update account balances, and process dividend payments to investors. When securities need to be transferred between accounts or firms, brokerage clerks handle the paperwork and coordinate the delivery.

Programs That Prepare You

College programs linked to this occupation, ranked by graduate earnings

Accounting(grad-cert)Babson College, MA

Accounting(masters)Golden Gate University, CA

Accounting(bachelors)Georgetown University, DC

Accounting(grad-cert)George Mason University, VA

Accounting(masters)University of Maryland Global Campus, MD

Accounting(masters)New York University, NY

Accounting(masters)University of Michigan-Flint, MI

Accounting(bachelors)Washington and Lee University, VA

Accounting(masters)Syracuse University, NY

Accounting(masters)Central Connecticut State University, CT

Accounting(masters)Seton Hall University, NJ

Accounting(masters)Villanova University, PA

Accounting(masters)California State University-Long Beach, CA

Accounting(masters)Sacred Heart University, CT

Accounting(masters)Mercy University, NY

Accounting(masters)American University, DC

Accounting(bachelors)Santa Clara University, CA

Accounting(masters)California State University-East Bay, CA

Accounting(masters)San Francisco State University, CA

Accounting(masters)University of Massachusetts-Lowell, MA

Accounting(masters)University of Massachusetts-Amherst, MA

Accounting(masters)University of Minnesota-Twin Cities, MN

Accounting(bachelors)Villanova University, PA

Accounting(masters)Vanderbilt University, TN

Accounting(masters)University of Dallas, TX

Related Careers

Other occupations in Office & Administrative Support