Occupation Summary

Brokerage Clerks

O*NET 43-4011.00

Description:

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.

Annual Wages:
$59,594.00
Employment Rate:
Employment is expected to increase by 4.45%.
Education Level:
Bachelor's Degree. According to O*Net, the majority of people employed in this occupation have this level of education.
Endorsement:
Business and Industry

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


National Industry Employment Patterns


Industry % of Brokerage Clerks employed Annual Growth Rate
Agencies, brokerages, and other insurance related activities 3.1 0.00
Nondepository credit intermediation 2 -1.17


Labor Market Information


2024 Statewide average hourly wage $28.65
2024 National average hourly wage $32.54
2022 National employment 43,700
2022 Texas employment 3,037
Texas projected employment by 2032 3,172
Texas projected annual employment and Turnover openings through 2032 365




TEXAS COUNTY MAP BY WORKFORCE DEVELOPMENT AREA
* Due to confidentiality rules, not all regions may have the data displayed. The sum of all the regions may not be equal to the state total.


Top 10 Relevant Knowledge Areas Relevant Importance Levels
English Language
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
81.80%
Customer and Personal Service
Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
76.40%
Mathematics
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
70.40%
Computers and Electronics
Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
66.40%
Economics and Accounting
Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
64.00%
Administrative
Knowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.
61.40%
Sales and Marketing
Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
56.60%
Law and Government
Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
53.20%
Communications and Media
Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.
48.20%
Education and Training
Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
44.60%


Top 10 Relevant Skill Areas Relevant Importance Levels
Active Listening
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
77.60%
Speaking
Talking to others to convey information effectively.
77.60%
Reading Comprehension
Understanding written sentences and paragraphs in work-related documents.
75.00%
Time Management
Managing one's own time and the time of others.
70.00%
Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
67.60%
Writing
Communicating effectively in writing as appropriate for the needs of the audience.
62.40%
Monitoring
Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
62.40%
Social Perceptiveness
Being aware of others' reactions and understanding why they react as they do.
60.00%
Mathematics
Using mathematics to solve problems.
60.00%
Active Learning
Understanding the implications of new information for both current and future problem-solving and decision-making.
60.00%


Top 10 Relevant Abilities Relevant Importance Levels
Oral Comprehension
The ability to listen to and understand information and ideas presented through spoken words and sentences.
80.00%
Oral Expression
The ability to communicate information and ideas in speaking so others will understand.
77.60%
Written Comprehension
The ability to read and understand information and ideas presented in writing.
75.00%
Near Vision
The ability to see details at close range (within a few feet of the observer).
75.00%
Speech Recognition
The ability to identify and understand the speech of another person.
72.40%
Speech Clarity
The ability to speak clearly so others can understand you.
72.40%
Written Expression
The ability to communicate information and ideas in writing so others will understand.
72.40%
Information Ordering
The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
70.00%
Problem Sensitivity
The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing that there is a problem.
67.60%
Deductive Reasoning
The ability to apply general rules to specific problems to produce answers that make sense.
65.00%


  • Getting Information
    -- Observing, receiving, and otherwise obtaining information from all relevant sources.
  • Working with Computers
    -- Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
  • Processing Information
    -- Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
  • Communicating with People Outside the Organization
    -- Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.
  • Establishing and Maintaining Interpersonal Relationships
    -- Developing constructive and cooperative working relationships with others, and maintaining them over time.
Other Activities


  • Relationships
    - Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service.
  • Support
    - Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical.



Tools

Desktop calculator: 10-key calculators;

Desktop computers: Desktop computers;

Personal computers: Personal computers;

Special purpose telephones: Multi-line telephone systems;


Technology

Accounting software: Account management software;

Calendar and scheduling software: Scheduling software;

Cloud-based data access and sharing software: Microsoft SharePoint;

Customer relationship management CRM software: Customer relationship management CRM software; HEAT Software GoldMine; Royal Alliance VISION2020 Core; Salesforce software;

Data base user interface and query software: Structured query language SQL; Transaction processing software; Microsoft Access;

Desktop communications software: Online trading software; WiredRed Software e/pop Basic;

Desktop publishing software: Adobe InDesign;

Document management software: Adobe Acrobat;

Electronic mail software: Microsoft Outlook;

Enterprise resource planning ERP software: Microsoft Dynamics; Oracle PeopleSoft;

Financial analysis software: Bloomberg Professional;

Graphics or photo imaging software: Adobe Illustrator; Adobe Photoshop; Adobe Creative Cloud software;

Instant messaging software: Instant messaging software;

Internet browser software: Web browser software;

Object oriented data base management software: Microsoft Visual FoxPro;

Office suite software: Microsoft Office software;

Presentation software: Microsoft PowerPoint;

Spreadsheet software: Microsoft Excel; Spreadsheet software;

Web page creation and editing software: Adobe Dreamweaver;

Word processing software: Microsoft Word; Word processing software;


Related O*NET occupational titles for Brokerage Clerks include:
  • 43-3011.00 Bill and Account Collectors
  • 43-3021.00 Billing and Posting Clerks
  • 43-3031.00 Bookkeeping, Accounting, and Auditing Clerks
  • 43-4041.00 Credit Authorizers, Checkers, and Clerks
  • 43-4051.00 Customer Service Representatives
  • 43-4131.00 Loan Interviewers and Clerks
  • 43-4141.00 New Accounts Clerks
  • 41-3091.00 Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
  • 41-3031.00 Securities, Commodities, and Financial Services Sales Agents
  • 43-3071.00 Tellers


Sources of Additional Information
  • For more information about financial clerks, visit: American Bankers Association
  • Mortgage Bankers Association
  • CareerOneStop

  • For a career video on brokerage clerks, visit: Brokerage Clerks
  • For a career video on credit authorizers, checkers and clerks, visit: Credit Authorizers, Checkers, and Clerks
  • For a career video on insurance claims and policy processing clerks, visit: Insurance Claims and Policy Processing Clerks
  • For a career video on payroll and timekeeping clerks, visit: Payroll and Timekeeping Clerks
  • Billing and Posting Clerks
  • Brokerage Clerks
  • Credit Authorizers, Checkers, and Clerks
  • Gambling Cage Workers
  • Insurance Claims and Policy Processing Clerks
  • Loan Interviewers and Clerks
  • New Accounts Clerks
  • Payroll and Timekeeping Clerks
  • Procurement Clerks

  • Contact Texas Workforce Commission
    Labor Market and Career Information  |  101 E. 15th Street, Annex Room 0252  |  Austin, Texas 78778
    Official Website  |  1-800-822-PLAN (7526)  |  512.936.3200

    ** The information in this report may be derived from many sources like O*NET, BLS (Bureau of Labor Statistics), OOH (Occupational Outlook Handbook), and Career One Stop.