Career and Education Opportunities for Broker Assistants in Thornton, Colorado
Broker assistant career and educational opportunities abound in Thornton, Colorado. Currently, 1,820 people work as broker assistants in Colorado. This is expected to grow by 5% to about 1,900 people by 2016. This is better than the national trend for broker assistants, which sees this job pool shrinking by about 2.6% over the next eight years. Broker assistants generally perform clerical duties involving the purchase or sale of securities.
The income of a broker assistant is about $16 hourly or $34,120 yearly on average in Colorado. In the U.S. as a whole, their income is about $18 hourly or $38,710 annually on average. Incomes for broker assistants are better than in the overall category of Clerical in Colorado, and better than the overall Clerical category nationally.
The Thornton area is home to fifty-nine schools of higher education, including six within twenty-five miles of Thornton where you can get a degree as a broker assistant. Broker assistants usually hold a Bachelor's degree, so you can expect to spend about four years training to become a broker assistant if you already have a high school diploma.
CAREER DESCRIPTION: Broker Assistant
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.
Broker assistants file and operate standard office machines. Finally, broker assistants correspond with customers and talk with coworkers to respond to inquiries, consider market fluctuations, and resolve account problems.
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.
It is important for broker assistants to record and document security transactions, such as purchases and payments, using computers or certificate archives. They are often called upon to schedule and direct transfer and delivery of security certificates between companies and customers. They also ready forms, such as receipts and transfer confirmations, on the basis of transaction requests from stockholders. Somewhat less frequently, broker assistants are also expected to ready reports summarizing daily transactions and earnings for individual customer accounts.
Broker assistants sometimes are asked to compute total holdings and commissions and allocate appropriate payments to customers. They also have to be able to correspond with customers and talk with coworkers to respond to inquiries, consider market fluctuations, and resolve account problems And finally, they sometimes have to monitor daily stock prices and compute fluctuations to establish the need for additional collateral to secure loans.
Like many other jobs, broker assistants must have exceptional integrity and be reliable.
Similar jobs with educational opportunities in Thornton include:
- 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.
- 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.
EDUCATIONAL OPPORTUNITIES: Broker Assistant Training
Front Range Community College - Westminster, CO
Front Range Community College, 3645 W 112th Ave, Westminster, CO 80031. Front Range Community College is a large college located in Westminster, Colorado. It is a public school with primarily 2-year programs and has 15,480 students. Front Range Community College has a less than one year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated sixteen and forty-four students respectively in 2008.
Red Rocks Community College - Lakewood, CO
Red Rocks Community College, 13300 W Sixth Ave, Lakewood, CO 80228-1255. Red Rocks Community College is a medium sized college located in Lakewood, Colorado. It is a public school with primarily 2-year programs and has 7,432 students. Red Rocks Community College has a less than one year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated three and four students respectively in 2008.
Community College of Aurora - Aurora, CO
Community College of Aurora, 16000 E CentreTech Pky, Aurora, CO 80011-9036. Community College of Aurora is a medium sized college located in Aurora, Colorado. It is a public school with primarily 2-year programs and has 5,217 students. Community College of Aurora has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated ten students in 2008.
Argosy University-Denver - Denver, CO
Argosy University-Denver, 1200 Lincoln St., Denver, CO 80203. Argosy University-Denver is a small university located in Denver, Colorado. It is a private for-profit school with primarily 4-year or above programs. It has 259 students and an admission rate of 56%. Argosy University-Denver has an associate's degree program in Accounting Technology/Technician and Bookkeeping.
Emily Griffith Opportunity School - Denver, CO
Emily Griffith Opportunity School, 1250 Welton Street, Denver, CO 80204-2197. Emily Griffith Opportunity School is a small school located in Denver, Colorado. It is a public school with primarily less-than 2-year programs and has 2,148 students. Emily Griffith Opportunity School has a less than one year and a one to two year program in Accounting Technology/Technician and Bookkeeping which graduated zero and five students respectively in 2008.
Community College of Denver - Denver, CO
Community College of Denver, 1111 W. Colfax Ave., Denver, CO 80204-2026. Community College of Denver is a medium sized college located in Denver, Colorado. It is a public school with primarily 2-year programs and has 8,006 students. Community College of Denver has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated two, one, and one students respectively in 2008.
LOCATION INFORMATION: Thornton, Colorado
Thornton is located in Adams County, Colorado. It has a population of over 113,429, which has grown by 37.7% over the last ten years. The cost of living index in Thornton, 94, is below the national average. New single-family homes in Thornton are priced at $176,300 on average, which is far less than the state average. In 2008, two hundred ninety-five new homes were constructed in Thornton, down from four hundred eighty-four the previous year.
The three big industries for women in Thornton are educational services, health care, and finance and insurance. For men, it is construction, professional, scientific, and technical services, and administrative and support and waste management services. The average commute to work is about 29 minutes. More than 19.9% of Thornton residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 4.8%, is lower than the state average.
The unemployment rate in Thornton is 6.3%, which is less than Colorado's average of 6.6%.
The percentage of Thornton residents that are affiliated with a religious congregation, 30.4%, is less than both the national and state average. The largest religious groups are the Catholic Church, the LDS (Mormon) Church and the Lutheran Church.