How much do stockbrokers make in Oregon?
The median hourly wage for stockbrokers in 2014 was $22.27. Those in the 75th percentile earned $42.64 and 90th percentile brokers received over $90.00 an hour.
The proximity to wealthy investors can factor into how much a broker can earn throughout the year.
However, It’s still important to build strong relationships with clients no matter where you are so to instill trust and encourage referrals.
So how much do stockbrokers make in Oregon?
The Average Stock Broker Salary in Oregon is $46,330
The Top 3 highest medians (Yearly salaries)
- Eastern Oregon BOS – $55,770
- Portland-Vancouver-Hillsboro, OR-WA MSA – $48,860
- Medford, OR MSA – $43,970
The 3 Lowest medians
- Eugene-Springfield, OR MSA – $36,510
- Salem, OR MSA – $37,260
- Coastal Oregon BOS – $37,560
How Much Do Stockbrokers Make in Oregon
A comparison of Oregon’s average wage against the national median shows that stock brokers earn less by $25,740. An agent who makes the most amount of money takes home an excess of $187,200 in 2014.
On the other hand, the lowest of the low receives as little as $28,480 a year. So not exactly a state where brokers can earn substantially high incomes.
How much do stockbrokers make in Oregon:
Stock Broker Salary | Source: U.S. Bureau of Labor Statistics
How to Become a Stockbroker in Oregon
 – Education
An individual who wishes to pursue a career as a securities sales agent should fist seek a bachelors degree from an accredited institution. A focused degree program involving Finance or Economics is encouraged.
Additional designations like Certified Financial Planner will also help instill trust and value to your clients. You’ll be able to provide more services which carries along extra income.
 – Licensing
However, before becoming a CFP, you must find adequate employment from a FINRA member brokerage firm, wirehouse or exchange so that you can be sponsored to take the Series 7 Exam. The state of Oregon also requires either the Series 63 or 66 exam as well.
 – Registration
To be able to sell securities to investors, you must also register with the Finance and Corporate Securities Division in the state of Oregon. Form U4 should be filled out and submitted through the Web CRD (Central Registration Depository) and a $60 fee will be withdrawn from a Flex Funding Account. This license must be renewed every year along with a $55 fee.
You can also mail the application at this address:
DFR – Securities Licenses
PO Box 1440
Salem, OR 97309
Average Salary of Other Finance Occupations in Oregon
- Finance Analysts – $79,730
- Credit Analysts – $69,120
- Economists – $78,760
- Credit Counselor – $43,640
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