How Much Do Stockbrokers Make in Alabama

How Much Do Stockbrokers Make in Alabama? In the Montgomery, AL Metropolitan Statistical Area (MSA), stockbrokers earned the most at $82,480 in 2014.




How much do stockbrokers make in Alabama?

The median hourly rates in 2014 were $22.10 according to data collected by BLS.

Those in the 75th percentile earned $46.14 and 90th percentile earners received $85.71 an hour.

Registered representatives (as they’re known in the industry) earn money in a variety of ways: 1) base salary 2) commissions through trades conducted and, 3) incentive bonuses.

So, how much do stockbrokers make in Alabama?

The Average Stock Broker Salary in Alabama is $45,970

How Much Do Stockbrokers Make in Alabama

The Top 3 highest medians (Yearly salaries)

  • Montgomery, AL MSA – $82,480
  • Northwest Alabama BOS – $59,230
  • Auburn-Opelika, AL MS – $59,190

The Lowest 3 medians

  • Huntsville, AL MSA – $38,310
  • Mobile, AL MSA – $38,540
  • Tuscaloosa, AL MSA – 39,140

How Much Do Stockbrokers Make in Alabama




The mean annual wage for 2014 was $78,060. Security sales persons (i.e. stockbrokers) can earn three-figure incomes in this state if they stay on the job long enough to build clientele.

The more assets under management (AUM) you have, the more commissions/bonuses you’ll receive.

How much do stockbroker make in Alabama:


Stock Broker Salary | Source: U.S. Bureau of Labor Statistics

How to Become a Stockbroker in Alabama

[1] – Education

Receiving excellent education from a reputable university is the beginning process of a career in investments. Specifically seeking degree paths in Economics, Business or Finance would be beneficial when becoming a broker-dealer agent.

[2] – Licensing

Additionally, licensing is required in order to exchange securities for prospective clients. Seeking sponsorship from a brokerage house that’s a member of the Financial Regulatory Industry Authority (FINRA) is required for the Series 7 License.

The Series 66 or 63 is necessary for the state of Alabama as well.

[3] – Registration

Simply complete Form U-4 and submit a $60 fee view WebCRD to register with the state. After which you’ll be able to trade securities on behalf of clients in the state of Alabama.




Median Income for Similar Jobs in Alabama:

  • Travel Agents – $36,690
  • Insurance Sales Agents – $40,810
  • Advertising Sales Agents – $36,640
  • Real Estate Sales Agents – $51,760

Employment Opportunities in Alabama:

Alabama Securities Commission Average Stock Broker Salary in Alabama How Much Do Stockbrokers Make in Alabama How to Become a Stockbroker in Alabama

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