How much do stockbrokers make in Arizona?
The median hourly rate for stockbrokers in this state was $21.75 in 2014. The general population earned on average $16.46.
Arizona ranks 30th in the nation in terms of most affluent state.
According to U.S. Census Bureau data, the median household income for this state was $50,068 in 2014; the unemployment rate was recorded at 6.9% and the poverty rate was 18.2%.
The Average Stock Broker Salary in Arizona is $45,250
The Top 3 highest medians (Yearly Salaries)
- Phoenix-Mesa-Glendale, AZ MSA – $48,760
- Tucson, AZ MSA – $37,070
- Flagstaff, AZ MSA – $36,600
The 3 lowest medians
- Southeast Arizona (BOS) – $34,550
- Prescott, AZ MSA – $35,470
- Yuma, AZ MSA – $36,000
How Much Do Stockbrokers Make in Arizona (Employment & Annual Rates 2011-14)
Registered representatives, as they’re known in the industry, will typically start out with lower income levels than their peers.
Time, knowledge and experience will allow sales representatives to increase clientele thereby accumulating higher pay.
How much do stockbrokers make in Arizona:
Stock Broker Salary | Source: U.S. Bureau of Labor Statistics
How to Become a Stockbroker in Arizona
 – Education
To begin the process of becoming a registered representative in Arizona, seeking a degree at an accredited college or university is necessary. Degrees in Finance/Business would be beneficial.
 – Licensing
The state of Arizona requires that all representatives be licensed by the Financial Industry Regulatory Authority (FINRA). The Series 7 License is required and you must be sponsored by a firm that is a member of FINRA. You’ll have four months to study and prepare for the exam while receiving training from your employer.
The Series 63 or 66 license is mandatory as well.
 – Registration
In order to lawfully conduct business in Arizona, you’ll have to be registered by the state. Fill out Form U4, along with a $45 fee, and submit through WebCRD (Central Registration Depository).
You can find more information at the Arizona Corporate Commission website.
Average Income for Related Careers in Arizona
- Advertising Sales Agents – $44,710
- Insurance Sales Agents – $47,540
- Real Estate Sales Agents – $30,180
- Brokerage Clerks – $48,030
Employment Opportunities in Arizona: