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Career and Education Opportunities for Broker Assistants in Round Rock, Texas

For those living in the Round Rock, Texas area, there are many career and education opportunities for broker assistants. About 3,000 people are currently employed as broker assistants in Texas. By 2016, this is expected to grow by 9% to 3,260 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%. Broker assistants generally perform clerical duties involving the purchase or sale of securities.

Broker assistants earn about $18 hourly or $38,300 yearly on average in Texas and about $18 hourly or $38,710 yearly on average nationally. Broker assistants earn more than people working in the category of Clerical generally in Texas and more than people in the Clerical category nationally.

There are four schools within twenty-five miles of Round Rock where you can study to be a broker assistant, among thirty-four schools of higher education total in the Round Rock area. 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 Round Rock 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.
  • 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.
  • 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.
  • 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.
  • 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

Austin Community College District - Austin, TX

Austin Community College District, 5930 Middle Fiskville Rd, Austin, TX 78752. Austin Community College District is a large college located in Austin, Texas. It is a public school with primarily 2-year programs and has 35,798 students. Austin Community College District has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated two and eighteen students respectively in 2008.

Saint Edward's University - Austin, TX

Saint Edward's University, 3001 S Congress Ave, Austin, TX 78704. Saint Edward's University is a medium sized university located in Austin, Texas. It is a private not-for-profit school with primarily 4-year or above programs. It has 5,348 students and an admission rate of 64%. Saint Edward's University has a bachelor's degree program in Accounting Technology/Technician and Bookkeeping.

ITT Technical Institute-Austin - Austin, TX

ITT Technical Institute-Austin, 6330 Highway 290 East, Ste 150, Austin, TX 78723. ITT Technical Institute-Austin is a small school located in Austin, Texas. It is a private for-profit school with primarily 2-year programs. It has 703 students and an admission rate of 57%. ITT Technical Institute-Austin has an associate's degree program in Accounting Technology/Technician and Bookkeeping.

Southern Careers Institute Inc - Austin, TX

Southern Careers Institute Inc, 2301 S Congress Ste 27, Austin, TX 78704. Southern Careers Institute Inc is a small school located in Austin, Texas. It is a private for-profit school with primarily less-than 2-year programs. It has 275 students and an admission rate of 82%. Southern Careers Institute Inc has a one to two year program in Accounting Technology/Technician and Bookkeeping which graduated fifteen students in 2008.

LOCATION INFORMATION: Round Rock, Texas

Round Rock, Texas
Round Rock, Texas photo by Redsully

Round Rock is located in Williamson County, Texas. It has a population of over 104,446, which has grown by 70.8% in the past ten years. The cost of living index in Round Rock, 83, is well below the national average. New single-family homes in Round Rock are priced at $145,400 on average, which is well below the state average. In 2008, three hundred twenty-four new homes were constructed in Round Rock, down from seven hundred ninety-six the previous year.

The three big industries for women in Round Rock are educational services, computer and electronic products, and health care. For men, it is computer and electronic products, construction, and public administration. The average travel time to work is about 26 minutes. More than 32.9% of Round Rock residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 9.1%, is higher than the state average.

The unemployment rate in Round Rock is 6.2%, which is less than Texas's average of 8.1%.

The percentage of Round Rock residents that are affiliated with a religious congregation, 40.0%, is less than both the national and state average. Primera Iglesia Bautista of Round Rock Church, Round Rock Chapel Church and Round Rock Church of Christ are all churches located in Round Rock. The most common religious groups are the Catholic Church, the Southern Baptist Convention and the United Methodist Church.

Round Rock is home to the Inn at Brushy Creek and the Captain Nelson Merrell House as well as Roundrock West Park and Mesa Village Park. Visitors to Round Rock can choose from Best Western Executive Inn and Austin Marriott North for temporary stays in the area.