FAQ
Brokerage Clerk FAQ
Answers to the most common questions about working as a brokerage clerk.
Straight answers to the questions people ask most about becoming a brokerage clerk: pay, training time, degrees, certifications and whether it’s a good career.
9 questions about brokerage clerks
Do brokerage clerks need a license?
Usually not, but the SIE helps.
Is the job declining?
BLS projects decline.
Can it lead to other finance jobs?
Yes, operations often leads to other roles.
How much does a brokerage clerk make?
The median annual wage for brokerage clerks was $65,750 ($31.61 per hour) in May 2025, according to the U.S. Bureau of Labor Statistics. The lowest 10% earned less than $50,260 and the highest 10% earned more than $102,010.
How long does it take to become a brokerage clerk?
Most people need about A few months on the job of training. A high school diploma and moderate on-the-job training are typical; some college helps.
Do you need a degree to be a brokerage clerk?
No four-year degree is typically required. BLS lists “high school diploma or equivalent” as the typical entry-level education, plus moderate-term on-the-job training.
Is brokerage clerk a good career?
It can be, depending on your goals. Employment is projected to change -7.6% from 2025–35 (a projected decline), with about 3,400 openings each year. Upsides include entry to finance careers; a common challenge is that declining employment.
What skills does a brokerage clerk need?
Key technical skills include trade processing, securities basics, reconciliation, and account transfers. Employers also value accuracy, focus, and communication.
What certifications are available for brokerage clerks?
Common credentials include SIE exam, Series 99, Excel certification, and Finance courses. Requirements vary by state and employer.
Still deciding?
Try the Brokerage Clerk fit quiz, compare with Financial Services Sales Agent, or explore Brokerage Clerk training.
Sources
- U.S. Bureau of Labor Statistics, BLS Occupational Employment and Wage Statistics (OEWS), May 2025, SOC 43-4011 (Brokerage clerks).
- U.S. Bureau of Labor Statistics, BLS Employment Projections, Table 1.2 (2025–35).
- O*NET OnLine summary for Brokerage clerks (U.S. Department of Labor).
- BLS Occupational Outlook Handbook.
Reviewed by the Career Education Institute Curriculum Team. Pay figures are national estimates; local pay varies. See our editorial policy.