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Career and Education Opportunities for Broker Assistants in Baton Rouge, Louisiana

Broker assistants can find both educational opportunities and jobs in the Baton Rouge, Louisiana area. About 310 people are currently employed as broker assistants in Louisiana. By 2016, this is expected to grow 17% to about 360 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.

A person working as a broker assistant can expect to earn about $15 hourly or $31,260 yearly on average in Louisiana 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 Louisiana and better than general Clerical category earnings nationally.

The Baton Rouge area is home to thirty-six schools of higher education, including six within twenty-five miles of Baton Rouge where you can get a degree as a broker assistant. The most common level of education 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 Baton Rouge 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

Louisiana Technical College-Folkes Campus - Jackson, LA

Louisiana Technical College-Folkes Campus, 3337 Hwy. 10, Jackson, LA 70748. Louisiana Technical College-Folkes Campus is a small college located in Jackson, Louisiana. It is a public school with primarily less-than 2-year programs and has 787 students. Louisiana Technical College-Folkes Campus has a one to two year program in Accounting Technology/Technician and Bookkeeping.

Louisiana Technical College-Ascension Campus - Sorrento, LA

Louisiana Technical College-Ascension Campus, 9697 Airline Hwy, Sorrento, LA 70778-3007. Louisiana Technical College-Ascension Campus is a small college located in Sorrento, Louisiana. It is a public school with primarily 2-year programs and has 354 students. Louisiana Technical College-Ascension Campus has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated two and one students respectively in 2008.

Louisiana Technical College-Baton Rouge Campus - Baton Rouge, LA

Louisiana Technical College-Baton Rouge Campus, 3250 North Acadian Thruway East, Baton Rouge, LA 70805. Louisiana Technical College-Baton Rouge Campus is a small college located in Baton Rouge, Louisiana. It is a public school with primarily 2-year programs and has 2,161 students. Louisiana Technical College-Baton Rouge Campus has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated one, nine, and one students respectively in 2008.

Louisiana Technical College-Jumonville Memorial - New Roads, LA

Louisiana Technical College-Jumonville Memorial, 605 Hospital Road, New Roads, LA 70760. Louisiana Technical College-Jumonville Memorial is a small college located in New Roads, Louisiana. It is a public school with primarily less-than 2-year programs and has 225 students. Louisiana Technical College-Jumonville Memorial has a less than one year and a one to two year program in Accounting Technology/Technician and Bookkeeping which graduated one and four students respectively in 2008.

Louisiana Technical College-River Parishes Campus - Reserve, LA

Louisiana Technical College-River Parishes Campus, 181 Regala Pk Rd, Reserve, LA 70084. Louisiana Technical College-River Parishes Campus is a small college located in Reserve, Louisiana. It is a public school with primarily 2-year programs and has 939 students. Louisiana Technical College-River Parishes Campus has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated zero and three students respectively in 2008.

Louisiana Technical College-Florida Parishes - Greensburg, LA

Louisiana Technical College-Florida Parishes, 137 College Street, Greensburg, LA 70441-0000. Louisiana Technical College-Florida Parishes is a small college located in Greensburg, Louisiana. It is a public school with primarily 2-year programs and has 725 students. Louisiana Technical College-Florida Parishes has a one to two year program in Accounting Technology/Technician and Bookkeeping which graduated one student in 2008.

LOCATION INFORMATION: Baton Rouge, Louisiana

Baton Rouge, Louisiana
Baton Rouge, Louisiana photo by Anrie

Baton Rouge is situated in East Baton Rouge Parish County, Louisiana. It has a population of over 223,689, which has shrunk by 1.8% in the past ten years. The cost of living index in Baton Rouge, 86, is well below the national average. New single-family homes in Baton Rouge are priced at $189,100 on average, which is well above the state average. In 2008, one hundred thirty-five new homes were built in Baton Rouge, down from two hundred fifty-seven the previous year.

The top three industries for women in Baton Rouge are educational services, health care, and public administration. For men, it is educational services, construction, and professional, scientific, and technical services. The average travel time to work is about 21 minutes. More than 31.7% of Baton Rouge residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 12.8%, is higher than the state average.

The unemployment rate in Baton Rouge is 7.1%, which is the same as Louisiana's average of 7.1%.

The percentage of Baton Rouge residents that are affiliated with a religious congregation, 52.7%, is more than the national average but less than the state average. Allen Chapel African Methodist Episcopal Church, Hughes United Methodist Church and Straight Life Baptist Church are all churches located in Baton Rouge. The most common religious groups are the Catholic Church, the Southern Baptist Convention and the United Methodist Church.

Baton Rouge is home to the Baton Rouge Industrial Park and the Baton Rouge Country Club as well as Howell Park and Independence Park. Shopping centers in the area include Carriage Alley Shopping Center, Sherwood Plaza Shopping Center and Foret and McCall Shopping Center. Visitors to Baton Rouge can choose from Pines Motel, Motel 6 and Shoneys Inn & Suites Baton Rouge for temporary stays in the area.