How much do stockbrokers make in Connecticut?
The median hourly rate for stockbrokers in CT was $57.39.
Agents in both the 75th and 90th percentile earned over $90.00 an hour according to BLS data.
Wages in Connecticut are quite impressive – far above the national average for a number of years.
Below is information representing the average stock broker salary in Connecticut as well as number of employed and highlighted areas that pay the most vs. the least.
The Average Stock Broker Salary in Connecticut is $119,370
The Top 3 highest medians (Yearly salaries)
- Bridgeport-Stamford-Norwalk, – $136,930
- New Haven, – $129,320
- Norwich-New London, – $74,330
The 3 Lowest medians
- Danbury – $51,200
- Springfield – $63,010
- Hartford – $70,160
How Much Do Stockbrokers Make in Connecticut (Employment and Annual Wages)
The finance industry is strong in the state of Connecticut. The eastern side of the U.S. is where most of your exchanges and financial firms call home after all.
The Bureau of Labor Statistics limits income values at $187,200 or $90 per hour. So, for the years represented below, 75th and 90th percentile agents exceeded that amount.
How much do stockbrokers make in Connecticut:
Stock Broker Salary | Source: U.S. Bureau of Labor Statistics
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How to Become a Stockbroker in Connecticut
[A] – Education
Becoming knowledgeable in the finance industry first requires a degree from an accredited post-secondary institution. Even though operating as a stockbroker requires licensing, not a formal education, in order to find employment obtaining a degree will put you in a better position.
[B] – Licensing
The Financial Industry Regulatory Authority (FINRA) mandates that in order to take the Series 7 License, a FINRA – member firm must sponsor you. This will allow you to conduct trades for clients and receive commission.
The Series 63 or 66 is necessary in this state as well.
[C] – Registration
To operate in the state of Connecticut, registered representatives must file Form U4 to the state along with a $100 fee. You can submit payment through the Central Registration Depository (CRD) or make a check payable to the “Treasurer, State of Connecticut”.
- Find more information at Connecticut’s Department of Banking.
Average Salary for Similar Careers in Connecticut
- Real Estate Sales Agents – $48,050
- Credit Counselors – $46,320
- Insurance Sales Agents – $56,010
- Financial Analysts – $81,630
Job Openings in Connecticut: