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Career and Education Opportunities for Broker Assistants in St. Louis, Missouri

Broker assistants can find many career and educational opportunities in the St. Louis, Missouri area. The national trend for broker assistants 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.

A person working as a broker assistant can expect to earn about $15 per hour or $31,280 annually on average in Missouri and about $18 per hour or $38,710 yearly on average in the U.S. as a whole. Broker assistants earn more than people working in the category of Clerical generally in Missouri and more than people in the Clerical category nationally.

There are ten schools within twenty-five miles of St. Louis where you can study to be a broker assistant, among seventy-one schools of higher education total in the St. Louis area. Given that the most common education level for broker assistants is a Bachelor's degree, it will take about four years to learn 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 St. Louis include:

  • Bank Teller. Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.
  • 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.
  • Correspondence Clerk. Compose letters in reply to requests for merchandise, damage claims, credit and other information, delinquent accounts, or unsatisfactory services. Duties may include gathering data to formulate reply and typing correspondence.
  • Courtroom Clerk. Perform clerical duties in court of law; prepare docket of cases to be called; secure information for judges; and contact witnesses, attorneys, and litigants to obtain information for court.
  • File Clerk. File correspondence, cards, and other records in alphabetical or numerical order or according to the filing system used. Locate and remove material from file when requested.
  • 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.
  • Insurance Claims Processor. Obtain information from insured or designated persons for purpose of settling claim with insurance carrier.
  • Insurance Processing Clerk. Process applications for, changes to, and cancellation of insurance policies. Duties include reviewing insurance applications to ensure that all questions have been answered, compiling data on insurance policy changes, changing policy records to conform to insured party's specifications, compiling data on lapsed insurance policies to determine automatic reinstatement according to company policies, canceling insurance policies as requested by agents, and verifying the accuracy of insurance company records.
  • Library Clerk. Compile records, sort and shelve books, and issue and receive library materials such as pictures, cards, slides and microfilm. Locate library materials for loan and replace material in shelving area, stacks, or files according to identification number and title. Register patrons to permit them to borrow books, periodicals, and other library materials.
  • License Clerk. Issue licenses or permits to qualified applicants. Obtain necessary information; record data; advise applicants on requirements; collect fees; and issue licenses. May conduct oral, written, or performance testing.
  • Loan Inspector. Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
  • Municipal Clerk. Draft agendas and bylaws for town or city council; record minutes of council meetings; answer official correspondence; keep fiscal records and accounts; and prepare reports on civic needs.
  • Office Clerk. Perform duties too varied and diverse to be classified in any specific office clerical occupation, requiring limited knowledge of office management systems and procedures. Clerical duties may be assigned in accordance with the office procedures of individual establishments and may include a combination of answering telephones, bookkeeping, typing or word processing, stenography, office machine operation, and filing.
  • Order Clerk. Receive and process incoming orders for materials, merchandise, or services such as repairs, installations, or rental of facilities. Duties include informing customers of receipt, prices, and delays; preparing contracts; and handling complaints.
  • 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.
  • Procurement Clerk. Compile information and records to draw up purchase orders for procurement of materials and services.
  • Production Planner. Coordinate and expedite the flow of work and materials within or between departments of an establishment according to production schedule. Duties include reviewing and distributing production, work, and shipment schedules; conferring with department supervisors to determine progress of work and completion dates; and compiling reports on progress of work, inventory levels, and production problems.
  • 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.
  • Store Clerk. Receive, store, and issue sales floor merchandise. Stock shelves, racks, and tables with merchandise and arrange merchandise displays to attract customers. May periodically take physical count of stock or check and mark merchandise.
  • Weighter. Weigh, measure, and check materials, supplies, and equipment for the purpose of keeping relevant records. Duties are primarily clerical by nature.

EDUCATIONAL OPPORTUNITIES: Broker Assistant Training

Hickey College - Saint Louis, MO

Hickey College, 940 Westport Plaza, Saint Louis, MO 63146. Hickey College is a small college located in Saint Louis, Missouri. It is a private for-profit school with primarily 4-year or above programs and has 442 students. Hickey College has a less than one year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated twenty-one and eighteen students respectively in 2008.

Saint Louis Community College-Meramec - Kirkwood, MO

Saint Louis Community College-Meramec, 11333 Big Bend Blvd, Kirkwood, MO 63122. Saint Louis Community College-Meramec is a large college located in Kirkwood, Missouri. It is a public school with primarily 2-year programs and has 10,217 students. Saint Louis Community College-Meramec has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated seven, seven, and fourteen students respectively in 2008.

Lewis and Clark Community College - Godfrey, IL

Lewis and Clark Community College, 5800 Godfrey Rd, Godfrey, IL 62035. Lewis and Clark Community College is a medium sized college located in Godfrey, Illinois. It is a public school with primarily 2-year programs and has 8,016 students. Lewis and Clark Community College has a less than one year program in Accounting Technology/Technician and Bookkeeping which graduated three students in 2008.

Saint Louis Community College-Forest Park - Saint Louis, MO

Saint Louis Community College-Forest Park, 5600 Oakland Ave, Saint Louis, MO 63110. Saint Louis Community College-Forest Park is a medium sized college located in Saint Louis, Missouri. It is a public school with primarily 2-year programs and has 7,164 students. Saint Louis Community College-Forest Park has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated one, two, and nine students respectively in 2008.

St Charles Community College - Cottleville, MO

St Charles Community College, 4601 Mid Rivers Mall Dr, Cottleville, MO 63376-0975. St Charles Community College is a medium sized college located in Cottleville, Missouri. It is a public school with primarily 2-year programs and has 7,334 students. St Charles Community College has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated two and seven students respectively in 2008.

ITT Technical Institute-Arnold - Arnold, MO

ITT Technical Institute-Arnold, 1930 Meyer Drury Dr, Arnold, MO 63010. ITT Technical Institute-Arnold is a small school located in Arnold, Missouri. It is a private for-profit school with primarily 4-year or above programs. It has 940 students and an admission rate of 51%. ITT Technical Institute-Arnold has a bachelor's degree program in Accounting Technology/Technician and Bookkeeping.

Everest College-Earth City - Earth City, MO

Everest College-Earth City, 3420 Rider Trail South, Earth City, MO 63045. Everest College-Earth City is a small college located in Earth City, Missouri. It is a private for-profit school with primarily less-than 2-year programs. It has 249 students and an admission rate of 79%. Everest College-Earth City has a less than one year program in Accounting Technology/Technician and Bookkeeping which graduated twenty-four students in 2008.

Saint Louis Community College-Florissant Valley - Saint Louis, MO

Saint Louis Community College-Florissant Valley, 3400 Pershall Rd, Saint Louis, MO 63135. Saint Louis Community College-Florissant Valley is a medium sized college located in Saint Louis, Missouri. It is a public school with primarily 2-year programs and has 6,515 students. Saint Louis Community College-Florissant Valley has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated one, three, and ten students respectively in 2008.

ITT Technical Institute-Earth City - Earth City, MO

ITT Technical Institute-Earth City, 3640 Corporate Trail Drive, Earth City, MO 63045. ITT Technical Institute-Earth City is a small school located in Earth City, Missouri. It is a private for-profit school with primarily 4-year or above programs. It has 976 students and an admission rate of 59%. ITT Technical Institute-Earth City has a bachelor's degree program in Accounting Technology/Technician and Bookkeeping.

Jefferson College - Hillsboro, MO

Jefferson College, 1000 Viking Dr, Hillsboro, MO 63050-2440. Jefferson College is a medium sized college located in Hillsboro, Missouri. It is a public school with primarily 2-year programs and has 4,983 students. Jefferson College has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated eight and zero students respectively in 2008.

LOCATION INFORMATION: St. Louis, Missouri

St. Louis, Missouri
St. Louis, Missouri photo by Dschwen

St. Louis is located in St. Louis City County, Missouri. It has a population of over 354,361, which has grown by 1.8% over the last ten years. The cost of living index in St. Louis, 83, is well below the national average. New single-family homes in St. Louis are priced at $111,600 on average, which is far less than the state average. In 2008, one hundred fifty-seven new homes were built in St. Louis, down from two hundred sixty-one the previous year.

The top three industries for women in St. Louis are health care, educational services, and accommodation and food services. For men, it is accommodation and food services, construction, and educational services. The average travel time to work is about 25 minutes. More than 19.1% of St. Louis residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 7.6%, is lower than the state average.

The unemployment rate in St. Louis is 10.9%, which is greater than Missouri's average of 8.9%.

Nativity of Our Lord Church, Church of the Good Shepard and Church of the Holy Communion are among the churches located in St. Louis.

St. Louis is home to the Terminal Railroad Association Building and the Memorial Home as well as Washington Park and Willmore Park. Shopping malls in the area include Hampton Village Shopping Center and Loughborough Shopping Center.