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Career and Education Opportunities for Broker Assistants in Coral Springs, Florida

Coral Springs, Florida provides a wide variety of opportunities, both career and educational, for broker assistants. There are currently 1,990 working broker assistants in Florida; this should grow 3% to 2,040 working broker assistants in the state 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. In general, broker assistants perform clerical duties involving the purchase or sale of securities.

Income for broker assistants is about $15 hourly or $31,930 annually on average in Florida. Nationally, their income is about $18 hourly or $38,710 annually. Earnings for broker assistants are better than earnings in the general category of Clerical in Florida and better than general Clerical category earnings nationally.

There are three schools within twenty-five miles of Coral Springs where you can study to be a broker assistant, among fifty schools of higher education total in the Coral Springs area. 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

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.

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 Coral Springs 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.
  • Receptionist. Answer inquiries and obtain information for general public, customers, and other interested parties. Provide information regarding activities conducted at establishment; location of departments, offices, and employees within organization.
  • 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

Sheridan Technical Center - Hollywood, FL

Sheridan Technical Center, 5400 Sheridan St, Hollywood, FL 33021. Sheridan Technical Center is a small school located in Hollywood, Florida. It is a public school with primarily 2-year programs and has 1,526 students. Sheridan Technical Center has a less than one year program in Accounting Technology/Technician and Bookkeeping which graduated six students in 2008.

Broward College - Fort Lauderdale, FL

Broward College, 225 E las Olas Blvd, Fort Lauderdale, FL 33301. Broward College is a large college located in Fort Lauderdale, Florida. It is a public school with primarily 2-year programs and has 33,527 students. Broward College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated twenty-six students in 2008.

Miami Lakes Educational Center - Miami Lakes, FL

Miami Lakes Educational Center, 5780 NW 158th St, Miami Lakes, FL 33014. Miami Lakes Educational Center is a small school located in Miami Lakes, Florida. It is a public school with primarily 2-year programs and has 1,376 students. Miami Lakes Educational Center has a one to two year program in Accounting Technology/Technician and Bookkeeping.

LOCATION INFORMATION: Coral Springs, Florida

Coral Springs, Florida
Coral Springs, Florida photo by Legionarius

Coral Springs is located in Broward County, Florida. It has a population of over 125,783, which has grown by 7.0% over the last ten years. The cost of living index in Coral Springs, 115, is well above the national average. New single-family homes in Coral Springs are valued at $140,000 on average, which is far less than the state average. In 2008, two new homes were constructed in Coral Springs, down from thirteen the previous year.

The three most popular industries for women in Coral Springs are health care, educational services, and finance and insurance. For men, it is construction, professional, scientific, and technical services, and finance and insurance. The average travel time to work is about 28 minutes. More than 33.9% of Coral Springs residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 11.6%, is higher than the state average.

The unemployment rate in Coral Springs is 8.8%, which is less than Florida's average of 11.3%.

The percentage of Coral Springs residents that are affiliated with a religious congregation, 45.9%, is less than the national average but more than the state average. Coral Baptist Church Mission, Coral Springs Community Church and Royal Palm Christian Church are among the churches located in Coral Springs. The most prominent religious groups are the Catholic Church, the Southern Baptist Convention and the United Methodist Church.

Coral Springs is home to the The Plaza at Coral Springs and the Ramblewood Plaza. Shopping centers in the area include Coral Springs Mall, Coral Square Mall and Village Green Shopping Center.