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Career and Education Opportunities for Broker Assistants in High Point, North Carolina

If you want to be a broker assistant, the High Point, North Carolina area offers many opportunities both for education and employment. Currently, 1,430 people work as broker assistants in North Carolina. This is expected to grow 12% to 1,600 people 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. In general, broker assistants perform clerical duties involving the purchase or sale of securities.

Broker assistants earn approximately $18 hourly or $38,110 annually on average in North Carolina. Nationally they average about $18 hourly or $38,710 yearly. Earnings for broker assistants are better than earnings in the general category of Clerical in North Carolina and better than general Clerical category earnings nationally.

The High Point area is home to twenty-nine schools of higher education, including two within twenty-five miles of High Point where you can get a degree as a broker assistant. Broker assistants usually hold a Bachelor's degree, so 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 High Point 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.
  • 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

Rockingham Community College - Wentworth, NC

Rockingham Community College, Hwy 65w County Home Rd, Wentworth, NC 27375-0038. Rockingham Community College is a small college located in Wentworth, North Carolina. It is a public school with primarily 2-year programs and has 2,098 students. Rockingham Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated eight students in 2008.

Guilford Technical Community College - Jamestown, NC

Guilford Technical Community College, 601 High Point Rd, Jamestown, NC 27282. Guilford Technical Community College is a large college located in Jamestown, North Carolina. It is a public school with primarily 2-year programs and has 11,289 students. Guilford Technical Community College has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated seven and twenty-four students respectively in 2008.

LOCATION INFORMATION: High Point, North Carolina

High Point, North Carolina
High Point, North Carolina photo by Yassie

High Point is located in Guilford County, North Carolina. It has a population of over 101,835, which has grown by 18.6% over the last ten years. The cost of living index in High Point, 83, is well below the national average. New single-family homes in High Point cost $189,700 on average, which is well above the state average. In 2008, two hundred ninety new homes were constructed in High Point, down from four hundred eighty-nine the previous year.

The three most popular industries for women in High Point are health care, educational services, and finance and insurance. For men, it is furniture and related product manufacturing, construction, and accommodation and food services. The average commute to work is about 20 minutes. More than 25.5% of High Point residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 6.5%, is lower than the state average.

The unemployment rate in High Point is 11.0%, which is greater than North Carolina's average of 10.6%.

The percentage of High Point residents that are affiliated with a religious congregation, 46.7%, is less than the national average but more than the state average. Hickory Chapel, Mount Carmel Church and Conrad Memorial Church are among the churches located in High Point. The most prominent religious groups are the Southern Baptist Convention, the United Methodist Church and the Catholic Church.

High Point is home to the Emerywood Country Club and the Uwharrie Council Camp as well as Washington Terrace Park and Armstrong Park. Visitors to High Point can choose from Brookline Furniture CO, Hampton Inn High Point and Fairfield Inn and Stes High Point/Archdl for temporary stays in the area.