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The New Stuff

Michelle Cavanaugh · Finance
Nov 16
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Stock Broker Jobs


A professional who is working in finances who are considering stock broker jobs will have many jobs to consider.  A stock broker is the contact between large exchanges where trades are done and the investors.  If you are working as a full time stock broker you may provide investment advice on stock opportunities and do trades on behalf of an investor for a fee.  Investors can also include institutional and retail investors.  If you are working as a discount stock broker you will focus more on the service of executing the orders placed by small and large discount brokerage houses and financial institutions, like investment banks.  The actual stock broker jobs available depend a lot on the type of employer and brokerage divisions.3

One of the main things that is different between a full-service and discount stock broker is the amount of support that is given to their clients along with the fees made by a brokerage firm.  You can often find full-time stock broker jobs at a large financial institution where the revenue is generated from a brokerage.  This is the professional that has a “hands-on” agreement with their clients by offering advice that will assist their clients to reach their desired financial goals that are based on their investment decisions.  They can also do buy and sell orders for their clients.  Often a brokerages fee is based on trades made so a full service stock broker could earn a commission on a percentage of the trades.

If you are interested in working discount stock broker jobs you can find them in several of the brokerage firms online. When working online a discount stock broker offers fewer services when you compare the services offered by a full time stock broker.  The upside is that discount stock brokers can do trades for a cost that is lower.  Even though there is a lot of investment done online a discount stock broker does meet with their clients in a physical location if possible.  They can also provide customer service by phone also. A discount stock broker is usually not commission based but instead they received a salary.

If you know another language besides English they could get a job as a bilingual stock broker.  Stock broker jobs and financial advisor jobs are two completely different job and jobs of this type may offer positions at a branch of the investment firm that is populated heavily with people of a certain culture.  The language requirements to be a bilingual stock broker are very specific according to the region that needs the services of this professional.

One important thing to note is that whichever one of these stock broker jobs you decide to pursue that you will need to have good communication and math skills.

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