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Career and Education Opportunities for Broker Assistants in Clarksville, Tennessee

Clarksville, Tennessee provides a wide variety of opportunities, both career and educational, for broker assistants. There are currently 740 jobs for broker assistants in Tennessee and this is projected to grow by 25% to 920 jobs by 2016. This is better than the nation as a whole, where employment opportunities for broker assistants are expected to shrink by about 2.6%. Broker assistants generally perform clerical duties involving the purchase or sale of securities.

Broker assistants earn about $17 hourly or $35,600 annually on average in Tennessee 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 Tennessee and more than people in the Clerical category nationally.

There are three schools within twenty-five miles of Clarksville where you can study to be a broker assistant, among twelve schools of higher education total in the Clarksville area. Given that the most common education level for broker assistants is a Bachelor's degree, you can expect to spend about four years training to become 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 Clarksville 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

Nashville State Technical Community College - Nashville, TN

Nashville State Technical Community College, 120 White Bridge Rd, Nashville, TN 37209-4515. Nashville State Technical Community College is a medium sized college located in Nashville, Tennessee. It is a public school with primarily 2-year programs. It has 7,716 students and an admission rate of 71%. Nashville State Technical Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated sixteen students in 2008.

Draughons Junior College - Clarksville, TN

Draughons Junior College, 1860 Wilma Rudolph Blvd, Clarksville, TN 37040-6718. Draughons Junior College is a small college located in Clarksville, Tennessee. It is a private for-profit school with primarily 2-year programs and has 539 students. Draughons Junior College has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated zero, zero, and five students respectively in 2008.

Miller-Motte Technical College - Clarksville, TN

Miller-Motte Technical College, 1820 Business Park Dr, Clarksville, TN 37040. Miller-Motte Technical College is a small college located in Clarksville, Tennessee. It is a private for-profit school with primarily 2-year programs and has 504 students. Miller-Motte Technical College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated two students in 2008.

LOCATION INFORMATION: Clarksville, Tennessee

Clarksville, Tennessee
Clarksville, Tennessee photo by Avala

Clarksville is situated in Montgomery County, Tennessee. It has a population of over 119,735, which has grown by 15.7% in the past ten years. The cost of living index in Clarksville, 82, is well below the national average. New single-family homes in Clarksville cost $97,300 on average, which is well below the state average. In 2008, six hundred thirty-five new homes were built in Clarksville, down from 1,038 the previous year.

The top three industries for women in Clarksville are health care, educational services, and accommodation and food services. For men, it is construction, public administration, and accommodation and food services. The average commute to work is about 24 minutes. More than 19.8% of Clarksville residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 6.8%, is lower than the state average.

The unemployment rate in Clarksville is 8.8%, which is less than Tennessee's average of 10.2%.

The percentage of Clarksville residents that are affiliated with a religious congregation, 45.3%, is less than both the national and state average. Spring Creek Church, South Chapel and Saint John Baptist Church are among the churches located in Clarksville. The most common religious groups are the Southern Baptist Convention, the United Methodist Church and the Catholic Church.

Clarksville is home to the Industrial Historic District and the Trice Landing as well as Fairgrounds Park and New Providence Recreation Area. Shopping malls in the area include Governors Square Mall Shopping Center, Clarksville Square Shopping Center and Two Rivers Mall Shopping Center. Visitors to Clarksville can choose from Comfort Inn North, Hampton Inn Clarksville and Guesthouse Clarksville for temporary stays in the area.