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Career and Education Opportunities for Broker Assistants in Colorado

Colorado has a population of 5,024,748, which has grown by 16.82% over the past 10 years. Nicknamed the "Centennial State," Colorado's capital and largest city is Denver.

Currently, 1,820 people work as broker assistants in Colorado. This is expected to grow 5% to 1,900 people by 2016. This is better than the nation as a whole, where employment opportunities for broker assistants are expected to shrink by about 2.6%. Broker assistants generally perform clerical duties involving the purchase or sale of securities.

A person working as a broker assistant can expect to earn about $16 per hour or $34,120 per year on average in Colorado and about $18 per hour or $38,710 annually on average in the U.S. as a whole. Earnings for broker assistants are better than earnings in the general category of Clerical in Colorado and better than general Clerical category earnings nationally.

In 2008, there were a total of 3,285,413 jobs in Colorado. The average annual income was $43,021 in 2008, up from $42,449 the previous year. The unemployment rate in Colorado was 7.7% in 2009, which has grown by 2.8% since the previous year. Roughly 32.7% of Colorado residents have college degrees, which is higher than the national average.

The top industries in Colorado include professional equipment merchant wholesalers, computer peripheral equipment merchant wholesalers, and repair. Notable tourist attractions include the Aviation & Space Center of the Rockies, the Friends of Historic FT Logan, and the Denver Museum of Miniatures Dolls & Toys.

CITIES WITH Broker Assistant OPPORTUNITIES IN Colorado


JOB DESCRIPTION: Broker Assistant

Broker Assistant video from the State of New Jersey Dept. of Labor and Workforce Development

In general, broker assistants perform clerical duties involving the purchase or sale of securities. They also duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, and keeping records of daily transactions and holdings.

Every day, broker assistants are expected to be able to see details at a very fine level of focus. They need to articulate ideas and problems. It is also important that they listen to and understand others in meetings.

Similar jobs with educational opportunities in Colorado include:

  • Bank Teller. Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.
  • Bookkeeper. Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.
  • Clerk. Compile data, compute fees and charges, and prepare invoices for billing purposes. Duties include computing costs and calculating rates for goods, services, and shipment of goods; posting data; and keeping other relevant records. May involve use of computer or typewriter, calculator, and adding and bookkeeping machines.
  • Loan Inspector. Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
  • Payroll Bookkeeper. Compile and post employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions. May prepare paychecks.
  • Statistical Clerk. Compile and compute data according to statistical formulas for use in statistical studies. May perform actuarial computations and compile charts and graphs for use by actuaries. Includes actuarial clerks.

LOCATION INFORMATION: Colorado

Colorado
Colorado photo by Wayne L. Bart

Colorado has a population of 5,024,748, which has grown by 16.82% over the past 10 years. Nicknamed the "Centennial State," Colorado's capital and most populous city is Denver. In 2008, there were a total of 3,285,413 jobs in Colorado. The average annual income was $43,021 in 2008, up from $42,449 the preceding year. The unemployment rate in Colorado was 7.7% in 2009, which has grown by 2.8% since the previous year. Approximately 32.7% of Colorado residents have college degrees, which is higher than the national average.

The top industries in Colorado include professional equipment merchant wholesalers, computer peripheral equipment merchant wholesalers, and repair. Notable tourist destinations include the Fine and Dandy Gourmet Baskets & Gifts, the Denver City & County Government, and the Friends of Historic FT Logan.