Career and Education Opportunities for Broker Assistants in Las Vegas, Nevada
Broker assistants can find both educational opportunities and jobs in the Las Vegas, Nevada area. There are currently 210 working broker assistants in Nevada; this should grow 13% to 240 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. Broker assistants generally perform clerical duties involving the purchase or sale of securities.
Broker assistants earn about $18 hourly or $37,650 per year on average in Nevada and about $18 hourly or $38,710 annually on average nationally. Broker assistants earn more than people working in the category of Clerical generally in Nevada and more than people in the Clerical category nationally.
There are nineteen schools of higher education in the Las Vegas area, including one within twenty-five miles of Las Vegas where you can get a degree to start your career 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
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 Las Vegas 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.
- 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.
- 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.
- 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.
EDUCATIONAL OPPORTUNITIES: Broker Assistant Training
College of Southern Nevada - Las Vegas, NV
College of Southern Nevada, 6375 W. Charleston Blvd., Las Vegas, NV 89146-1164. College of Southern Nevada is a large college located in Las Vegas, Nevada. It is a public school with primarily 4-year or above programs and has 27,035 students. College of Southern Nevada has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated five and twenty-four students respectively in 2008.
LOCATION INFORMATION: Las Vegas, Nevada
Las Vegas is located in Clark County, Nevada. It has a population of over 558,383, which has grown by 16.7% over the last ten years. The cost of living index in Las Vegas, 91, is below the national average. New single-family homes in Las Vegas are priced at $111,300 on average, which is far less than the state average. In 2008, 1,085 new homes were constructed in Las Vegas, down from 2,356 the previous year.
The top three industries for women in Las Vegas are accommodation and food services, arts, entertainment, and recreation, and health care. For men, it is construction, accommodation and food services, and arts, entertainment, and recreation. The average commute to work is about 25 minutes. More than 18.2% of Las Vegas residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 6.5%, is higher than the state average.
The unemployment rate in Las Vegas is 13.3%, which is greater than Nevada's average of 12.6%.
The percentage of Las Vegas residents that are affiliated with a religious congregation, 36.2%, is less than the national average but more than the state average. The most common religious groups are the Catholic Church, the LDS (Mormon) Church and the Southern Baptist Convention.
Las Vegas is home to the Tule Springs and the Union Pacific Station as well as Jaycee Park and Dexter Park. Shopping centers in the area include Spanish Oaks Shopping Center, Wonderland East Shopping Center and Shadow Hills Shopping Center. Visitors to Las Vegas can choose from Doubletree Club Las Vegas, The Las Vegas Gambler and MGM Grand Hotel Casino-The City of Entertainment - Human Resources for temporary stays in the area.