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Occupational Employment Statistics


43-4011 Brokerage Clerks

Perform duties related to the purchase, sale or holding of securities. Duties include writing orders for stock purchases or sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, distributing dividends, and keeping records of daily transactions and holdings.

Geography Click link for Career Profile EmploymentEmp SE*Percentiles
Central Minnesota 206$29.19/hr$22.33/hr$23.60/hr$29.66/hr$30.03/hr$37.24/hr

IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Trade, Transportation and UtilitiesN/AN/A
Financial Activities1,140$27.90/hr
Public AdministrationN/AN/A
Geography Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Northeast Minnesota N/AN/AN/A
Northwest Minnesota N/AN/AN/A
Southwest Minnesota N/AN/AN/A
Mankato-North Mankato MN MSA N/AN/AN/A
Rochester MN MSA N/AN/AN/A
Northwest Balance of State N/AN/AN/A
Southwest Balance of State N/AN/AN/A
Southeast Balance of State N/AN/AN/A
Fargo ND-MN MSA 10$25.41/hrN/A
Central Minnesota 20$29.66/hr-12.7%
Southeast Minnesota 20$27.10/hrN/A
Seven County Mpls-St Paul, MN 1,040$27.90/hr-8.9%
Minneapolis-St Paul-Bloomington MN-WI MSA 1,040$27.90/hrN/A
Minnesota 1,170$27.90/hr-8.3%

Occupations Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Tax Preparers 1,100$23.71/hr1.7%
Bookkeeping, Accounting, and Auditing Clerks 28,110$24.61/hr-4.4%
New Accounts Clerks 1,440$23.09/hr-12.4%
Customer Service Representatives 61,870$23.27/hr-4.4%
Loan Interviewers and Clerks 4,320$24.06/hr-2.0%
Insurance Underwriters 1,970$38.92/hr-5.5%
Securities, Commodities, and Financial Services Sales Agents 7,830$36.43/hr6.7%
Bill and Account Collectors 4,100$22.46/hr-14.4%
Insurance Claims and Policy Processing Clerks 3,640$24.69/hr-1.3%
Loan Officers 7,270$40.54/hr2.3%

  • Document security transactions, such as purchases, sales, conversions, redemptions, or payments, using computers, accounting ledgers, or certificate records.
  • Perform clerical tasks, such as answering phones or distributing mail.
  • File, type, or operate standard office machines.
  • Verify ownership and transaction information and dividend distribution instructions to ensure conformance with governmental regulations, using stock records and reports.
  • Prepare forms, such as receipts, withdrawal orders, transmittal papers, or transfer confirmations, based on transaction requests from stockholders.
  • Prepare reports summarizing daily transactions and earnings for individual customer accounts.
  • Correspond with customers and confer with coworkers to answer inquiries, discuss market fluctuations, or resolve account problems.
  • Schedule and coordinate transfer and delivery of security certificates between companies, departments, and customers.
  • Compute total holdings, dividends, interest, transfer taxes, brokerage fees, or commissions and allocate appropriate payments to customers.
  • Monitor daily stock prices and compute fluctuations to determine the need for additional collateral to secure loans.