How much do stockbrokers make in Texas?
A stockbroker is a licensed person who acts as an intermediary between buyers and sellers of shares of stocks. They receive commission fees in exchange for helping clients buy and sell stocks. If you decide to work as a stockbroker, you can expect to earn an annual salary around $50,000.
How much did stockbrokers make in Texas years ago?
In 2006, the average salary for a Texas stock broker was approximately $43,000. If you’ve been in the business for over 10 years, you could have made $61,000. However, if you’re just starting out, you could have made closer to $30,000.
How much do stockbrokers make in Texas average?
Stockbrokers generally make more money than any other type of financial advisor. The average stockbroker salary in Texas is $77,635. The highest-paying stockbroker jobs are registered securities representatives (RSR), with an average annual salary of $110,347. Investment advisors make an average salary of $72,400 and financial consultants earn $50,000. Stockbrokers who have 10 years of experience have a higher average salary than those who have less than five years of experience
How much does a stockbroker make in Texas?
The stockbroker salary in Texas varies depending on the state and the company. For example, the base salary of a stock broker in Texas in the state government is approximately $43,000 per year. This number is lower than what you can earn working for a smaller private company. For example, if you work for a small business as a stock broker, you can expect to make about $65,000 per year on average.
What is a good salary for a stockbroker in Texas?
The average annual salary for a stockbroker in Texas is $40,694 in 2018. The Bureau of Labor Statistics also reports that the projected growth for this position is 12% from May 2018 to May 2023. A stockbroker’s salary can vary depending on their experience level and the area in which they work. For example, a stockbroker working in finance will likely make more money than a stockbroker working in other areas of the business.
