Brokerage Clerks
SOC code 43-4011 · O*NET-SOC 43-4011.00 · Medium preparation needed · Office and administration
Brokerage Clerks pay
U.S. national figures, May 2025 BLS survey · How we got this number
Median pay
$65,750
a year
Hourly
$31.61
per hour
The solid band is the middle 50% of workers; the bar spans the 10th to 90th percentile.
Average pay
$72,850
$35.03 per hour
Middle 50%
$58,620 – $79,800
25th to 75th percentile
Full spread
$50,260 – $102,010
10th to 90th percentile
People employed
35,940
nationwide
National U.S. figure, May 2025. Local pay can be higher or lower.
- 10th percentile
- $50,260
- $24.16/hr
- 25th percentile
- $58,620
- $28.18/hr
- Median percentile
- $65,750
- $31.61/hr
- 75th percentile
- $79,800
- $38.36/hr
- 90th percentile
- $102,010
- $49.04/hr
What does a brokerage clerk do?
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.
The tasks that matter most day to day
- Correspond with customers and confer with coworkers to answer inquiries, discuss market fluctuations, or resolve account problems.
- Document security transactions, such as purchases, sales, conversions, redemptions, or payments, using computers, accounting ledgers, or certificate records.
- File, type, or operate standard office machines.
- 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.
- Perform clerical tasks, such as answering phones or distributing mail.
- Verify ownership and transaction information and dividend distribution instructions to ensure conformance with governmental regulations, using stock records and reports.
- Compute total holdings, dividends, interest, transfer taxes, brokerage fees, or commissions and allocate appropriate payments to customers.
How to become a brokerage clerk
Most people in this role hold bachelor's degree — 38% of workers surveyed reported it as their level of education.
Preparation level: zone 3 — Medium preparation needed
- Education
- Most occupations in this zone require training in vocational schools, related on-the-job experience, or an associate's degree.
- Experience
- Previous work-related skill, knowledge, or experience is required for these occupations. For example, an electrician must have completed three or four years of apprenticeship or several years of vocational training, and often must have passed a licensing exam, in order to perform the job.
- Training
- Employees in these occupations usually need one or two years of training involving both on-the-job experience and informal training with experienced workers. A recognized apprenticeship program may be associated with these occupations.
Education reported by people doing this job
- Bachelor's Degree38%
- High School Diploma or the equivalent (such as a GED)29%
- Some College Courses20%
- Associate's Degree or other 2-year degree13%
Common questions
How much does a brokerage clerk earn?
The national median is $65,750 a year. The full range runs from $50,260 at the 10th percentile to $102,010 at the 90th — entry pay sits closer to the lower figure, and experience, licensing and specialisation move you up the range.
Can you become a brokerage clerk without a degree?
Yes — this occupation sits in preparation zone 3, meaning the typical entry route is most occupations in this zone require training in vocational schools, related on-the-job experience, or an associate's degree. A four-year degree is not the standard requirement, though licensing or certification may still apply.
Skills and knowledge you need
Core skills
- Active Listening3.9/5
- Speaking3.9/5
- Reading Comprehension3.8/5
- Critical Thinking3.4/5
- Writing3.1/5
- Monitoring3.1/5
- Mathematics3.0/5
- Active Learning3.0/5
Knowledge areas
- English Language4.1/5
- Customer and Personal Service3.8/5
- Mathematics3.5/5
- Computers and Electronics3.3/5
- Economics and Accounting3.2/5
- Administrative3.1/5
- Sales and Marketing2.8/5
- Law and Government2.7/5
Transferable strengths: Time Management, Social Perceptiveness.