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Career and Education Opportunities for Broker Assistants in Seattle, Washington

Broker assistants can find many career and educational opportunities in the Seattle, Washington area. About 870 people are currently employed as broker assistants in Washington. By 2016, this is expected to grow by 8% to about 940 people employed. 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.

A person working as a broker assistant can expect to earn about $18 hourly or $39,160 per year on average in Washington 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 Washington and more than people in the Clerical category nationally.

There are sixty-five schools of higher education in the Seattle area, including eighteen within twenty-five miles of Seattle 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 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 Seattle 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

Shoreline Community College - Shoreline, WA

Shoreline Community College, 16101 Greenwood Ave N, Shoreline, WA 98133-5696. Shoreline Community College is a medium sized college located in Shoreline, Washington. It is a public school with primarily 2-year programs and has 5,823 students. Shoreline Community College has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated nineteen, one, and ten students respectively in 2008.

City University of Seattle - Bellevue, WA

City University of Seattle, 11900 NE First Street, Bellevue, WA 98005. City University of Seattle is a small university located in Bellevue, Washington. It is a private not-for-profit school with primarily 4-year or above programs and has 2,489 students. City University of Seattle has a one to two year program in Accounting Technology/Technician and Bookkeeping which graduated seven students in 2008.

Pierce College at Fort Steilacoom - Lakewood, WA

Pierce College at Fort Steilacoom, 9401 Farwest Dr SW, Lakewood, WA 98498-1999. Pierce College at Fort Steilacoom is a medium sized college located in Lakewood, Washington. It is a public school with primarily 2-year programs and has 6,632 students. Pierce College at Fort Steilacoom has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated two students in 2008.

Clover Park Technical College - Lakewood, WA

Clover Park Technical College, 4500 Steilacoom Blvd SW, Lakewood, WA 98499-4004. Clover Park Technical College is a medium sized college located in Lakewood, Washington. It is a public school with primarily 2-year programs and has 3,781 students. Clover Park Technical College has a less than one year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated one and eight students respectively in 2008.

Seattle Community College-North Campus - Seattle, WA

Seattle Community College-North Campus, 9600 College Way North, Seattle, WA 98103-3599. Seattle Community College-North Campus is a medium sized college located in Seattle, Washington. It is a public school with primarily 2-year programs and has 6,159 students. Seattle Community College-North Campus has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated five, ten, and nine students respectively in 2008.

Pierce College at Puyallup - Puyallup, WA

Pierce College at Puyallup, 1601 39th Ave SE, Puyallup, WA 98374-2222. Pierce College at Puyallup is a small college located in Puyallup, Washington. It is a public school with primarily 2-year programs and has 3,101 students. Pierce College at Puyallup has a less than one year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated four and eight students respectively in 2008.

Highline Community College - Des Moines, WA

Highline Community College, 2400 S 240th St, Des Moines, WA 98198-9800. Highline Community College is a medium sized college located in Des Moines, Washington. It is a public school with primarily 2-year programs and has 6,267 students. Highline Community College has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated seven and five students respectively in 2008.

Bellevue College - Bellevue, WA

Bellevue College, 3000 Landerholm Cir SE, Bellevue, WA 98007-6484. Bellevue College is a large college located in Bellevue, Washington. It is a public school with primarily 4-year or above programs and has 11,748 students. Bellevue College has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated sixty, thirty-seven, and twenty-five students respectively in 2008.

Everett Community College - Everett, WA

Everett Community College, 2000 Tower Street, Everett, WA 98201. Everett Community College is a medium sized college located in Everett, Washington. It is a public school with primarily 2-year programs and has 5,765 students. Everett Community College has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated fifteen and eighteen students respectively in 2008.

Tacoma Community College - Tacoma, WA

Tacoma Community College, 6501 S 19th St, Tacoma, WA 98466-6100. Tacoma Community College is a medium sized college located in Tacoma, Washington. It is a public school with primarily 2-year programs and has 5,942 students. Tacoma Community College has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated thirty-five, six, and ten students respectively in 2008.

Lake Washington Technical College - Kirkland, WA

Lake Washington Technical College, 11605 132nd Ave NE, Kirkland, WA 98034-8506. Lake Washington Technical College is a small college located in Kirkland, Washington. It is a public school with primarily 2-year programs and has 3,010 students. Lake Washington Technical College has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated seven, one, and twenty students respectively in 2008.

Bates Technical College - Tacoma, WA

Bates Technical College, 1101 S Yakima Ave, Tacoma, WA 98405. Bates Technical College is a medium sized college located in Tacoma, Washington. It is a public school with primarily 2-year programs and has 2,807 students. Bates Technical College has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated two and two students respectively in 2008.

Seattle Community College-South Campus - Seattle, WA

Seattle Community College-South Campus, 6000 16th Ave SW, Seattle, WA 98106-1499. Seattle Community College-South Campus is a medium sized college located in Seattle, Washington. It is a public school with primarily 4-year or above programs and has 5,319 students. Seattle Community College-South Campus has an associate's degree and a two to four year program in Accounting Technology/Technician and Bookkeeping which graduated eleven and five students respectively in 2008.

Seattle Vocational Institute - Seattle, WA

Seattle Vocational Institute, 2120 S Jackson, Seattle, WA 98144-2219. Seattle Vocational Institute is a small school located in Seattle, Washington. It is a public school with primarily less-than 2-year programs and has 270 students. Seattle Vocational Institute has a one to two year program in Accounting Technology/Technician and Bookkeeping which graduated eighteen students in 2008.

Green River Community College - Auburn, WA

Green River Community College, 12401 SE 320th St, Auburn, WA 98092-3622. Green River Community College is a medium sized college located in Auburn, Washington. It is a public school with primarily 2-year programs and has 7,544 students. Green River Community College has a less than one year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated forty-three and twenty-six students respectively in 2008.

Olympic College - Bremerton, WA

Olympic College, 1600 Chester Ave, Bremerton, WA 98337-1699. Olympic College is a medium sized college located in Bremerton, Washington. It is a public school with primarily 4-year or above programs and has 6,596 students. Olympic College has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated twelve and nine students respectively in 2008.

Renton Technical College - Renton, WA

Renton Technical College, 3000 NE Fourth St, Renton, WA 98056-4195. Renton Technical College is a small college located in Renton, Washington. It is a public school with primarily 2-year programs and has 4,708 students. Renton Technical College has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated one, five, and sixteen students respectively in 2008.

Edmonds Community College - Lynnwood, WA

Edmonds Community College, 20000 68th Ave W, Lynnwood, WA 98036-5912. Edmonds Community College is a medium sized college located in Lynnwood, Washington. It is a public school with primarily 2-year programs and has 7,823 students. Edmonds Community College has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated twenty, eleven, and twelve students respectively in 2008.

LOCATION INFORMATION: Seattle, Washington

Seattle, Washington
Seattle, Washington photo by Dschwen

Seattle is located in King County, Washington. It has a population of over 598,541, which has grown by 6.2% in the past ten years. The cost of living index in Seattle, 126, is far greater than the national average. New single-family homes in Seattle are valued at $206,700 on average, which is well below the state average. In 2008, five hundred ninety-five new homes were built in Seattle, down from seven hundred seventy-five the previous year.

The three big industries for women in Seattle are health care, professional, scientific, and technical services, and educational services. For men, it is professional, scientific, and technical services, construction, and educational services. The average commute to work is about 25 minutes. More than 47.2% of Seattle residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 17.3%, is higher than the state average.

The unemployment rate in Seattle is 7.8%, which is less than Washington's average of 8.7%.

The percentage of Seattle residents that are affiliated with a religious congregation, 37.3%, is less than the national average but more than the state average. The largest religious groups are the Catholic Church, the LDS (Mormon) Church and the Evangelical Lutheran Church in America.

Seattle is home to the Berth 5 and the Akli Point Lighthouse as well as Lincoln Park and Myrtle Edwards Park. Shopping centers in the area include Lake City Shopping Center, Westwood Village Shopping Center and Oak Tree Village Shopping Center. Visitors to Seattle can choose from A-1 Motel, Arlington Suites and Marriott Sea-Tac Airport for temporary stays in the area.