Career and Education Opportunities for Broker Assistants in Orlando, Florida
Broker assistants can find many career and educational opportunities in the Orlando, Florida area. About 1,990 people are currently employed as broker assistants in Florida. By 2016, this is expected to grow 3% to 2,040 people employed. This is better than the nation as a whole, where employment opportunities for broker assistants are expected to shrink by about 2.6%. 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 per year on average in Florida. Nationally, their income is about $18 hourly or $38,710 per year. Compared with people working in the overall category of Clerical, people working as broker assistants in Florida earn more. They earn more than people working in the overall category of Clerical nationally.
There are fifty schools of higher education in the Orlando area, including six within twenty-five miles of Orlando where you can get a degree to start your career 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 Orlando 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.
- Front Desk Manager. Accommodate hotel, motel, and resort patrons by registering and assigning rooms to guests, issuing room keys, transmitting and receiving messages, keeping records of occupied rooms and guests' accounts, making and confirming reservations, and presenting statements to and collecting payments from departing guests.
- 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
Polk Community College - Winter Haven, FL
Polk Community College, 999 Avenue H NE, Winter Haven, FL 33881-4299. Polk Community College is a medium sized college located in Winter Haven, Florida. It is a public school with primarily 2-year programs and has 8,516 students. Polk Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated four students in 2008.
Central Florida College - Winter Park, FL
Central Florida College, 1573 W. Fairbanks Ave, Winter Park, FL 32789. Central Florida College is a small college located in Winter Park, Florida. It is a private for-profit school with primarily 2-year programs and has 380 students. Central Florida College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated three students in 2008.
Valencia Community College - Orlando, FL
Valencia Community College, 190 South Orange Avenue, Orlando, FL 32801. Valencia Community College is a large college located in Orlando, Florida. It is a public school with primarily 2-year programs and has 35,652 students. Valencia Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated fifteen students in 2008.
Orlando Tech - Orlando, FL
Orlando Tech, 301 W Amelia Street, Orlando, FL 32801-1197. Orlando Tech is a small school located in Orlando, Florida. It is a public school with primarily less-than 2-year programs and has 1,101 students. Orlando Tech has a less than one year program in Accounting Technology/Technician and Bookkeeping which graduated twenty-four students in 2008.
Brevard Community College - Cocoa, FL
Brevard Community College, 1519 Clearlake Rd, Cocoa, FL 32922. Brevard Community College is a large college located in Cocoa, Florida. It is a public school with primarily 2-year programs and has 15,607 students. Brevard Community College has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated eight, five, and zero students respectively in 2008.
Seminole Community College - Sanford, FL
Seminole Community College, 100 Weldon Blvd, Sanford, FL 32773-6199. Seminole Community College is a large college located in Sanford, Florida. It is a public school with primarily 2-year programs and has 14,227 students. Seminole Community College has a less than one year program in Accounting Technology/Technician and Bookkeeping which graduated fifty-one students in 2008.
LOCATION INFORMATION: Orlando, Florida
Orlando is situated in Orange County, Florida. It has a population of over 230,519, which has grown by 24.0% over the last ten years. The cost of living index in Orlando, 91, is below the national average. New single-family homes in Orlando are valued at $217,400 on average, which is far less than the state average. In 2008, three hundred forty-eight new homes were built in Orlando, down from six hundred twenty-two the previous year.
The three big industries for women in Orlando are accommodation and food services, health care, and educational services. For men, it is accommodation and food services, construction, and arts, entertainment, and recreation. The average travel time to work is about 25 minutes. More than 28.2% of Orlando residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 8.3%, is higher than the state average.
The unemployment rate in Orlando is 11.1%, which is less than Florida's average of 11.3%.
The percentage of Orlando residents that are affiliated with a religious congregation, 40.2%, is less than both the national and state average. Church of Scientology of Orlando, Church of the Holy Spirit Episcopal and Metropolitan Community Church-Joy are some of the churches located in Orlando. The largest religious groups are the Catholic Church, the Southern Baptist Convention and the United Methodist Church.
Orlando is home to the Dubsdread Country Club and the Conway Center as well as Mayor Carl Langford Park and Sunshine Park. Shopping centers in the area include Lake Conway Woods Shopping Center, Colonial Plaza Mall and Coytown Shopping Center. Visitors to Orlando can choose from Blue Nile Hotel Liquidators, Clarion Hotel Universal and Buena Vista Suites for temporary stays in the area.