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Career and Education Opportunities for Broker Assistants in Port St. Lucie, Florida

Broker assistants can find many career and educational opportunities in the Port St. Lucie, Florida area. About 1,990 people are currently employed as broker assistants in Florida. By 2016, this is expected to grow by 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.

Broker assistants earn about $15 per hour or $31,930 annually on average in Florida and about $18 hourly or $38,710 yearly on average nationally. Incomes for broker assistants are better than in the overall category of Clerical in Florida, and better than the overall Clerical category nationally.

The Port St. Lucie area is home to five schools of higher education, including one within twenty-five miles of Port St. Lucie where you can get a degree as a broker assistant. Given that the most common education level for broker assistants is a Bachelor's degree, you can expect to spend about four years studying to be 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 Port St. Lucie 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

Indian River State College - Fort Pierce, FL

Indian River State College, 3209 Virginia Ave, Fort Pierce, FL 34981-5596. Indian River State College is a large college located in Fort Pierce, Florida. It is a public school with primarily 4-year or above programs and has 15,366 students. Indian River State College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated five students in 2008.

LOCATION INFORMATION: Port St. Lucie, Florida

Port St. Lucie, Florida
Port St. Lucie, Florida photo by Bgag

Port St. Lucie is located in St. Lucie County, Florida. It has a population of over 154,353, which has grown by 73.9% over the last ten years. The cost of living index in Port St. Lucie, 89, is well below the national average. New single-family homes in Port St. Lucie are valued at $113,200 on average, which is far less than the state average. In 2008, five hundred thirteen new homes were built in Port St. Lucie, down from 1,281 the previous year.

The top three industries for women in Port St. Lucie are health care, educational services, and accommodation and food services. For men, it is construction, accommodation and food services, and administrative and support and waste management services. The average commute to work is about 28 minutes. More than 15.0% of Port St. Lucie 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 Port St. Lucie is 13.0%, which is greater than Florida's average of 11.3%.

The percentage of Port St. Lucie residents that are affiliated with a religious congregation, 38.6%, is less than both the national and state average. Port Saint Lucie Methodist Church, Saint Lucie Catholic Church and Unitarian Universalist Church Indian River are among the churches located in Port St. Lucie. The most prominent religious groups are the Catholic Church, the Southern Baptist Convention and the United Methodist Church.