How much do stockbrokers make in Georgia?
According to the BLS, the hourly median wage in Georgia (2014) was $31.95 for broker/dealer agents.
90th percentile agents earned over $90.00 and 75th percentile brokers received $54.11 an hour.
Employment in this state is relatively high for broker-dealer agents.
Below you’ll find data related to annual income levels for those in the 25th through 90th percentile. Also included are highest and lowest paying areas.
The Average Stockbroker Salary in Georgia is $66,450
The Top 3 highest medians (Yearly salaries)
- Chattanooga, TN-GA MSA – $86,420
- North Georgia BOS – $80,950
- Atlanta – $68,000
The 3 Lowest medians
- Macon, GA MSA – $38,300
- Athens-Clarke County, GA MSA – $39,210
- Savannah, GA MSA – $42,560
How Much Do Stockbrokers Make in Georgia
Registered representatives in Georgia can earn six-figure incomes through bonuses, commissions and prospecting high net worth clients. Experience in the field and knowledge also play a huge role in how much one can earn.
How much do stockbrokers make in Georgia:
Stock Broker Salary | Source: U.S. Bureau of Labor Statistics
How to Become a Stockbroker in Georgia
(A) – Education
In order to operate as a securities sales agent in Georgia, pursuing the right degree will allow you to obtain a position at a reputable firm. Finance, Business Administration or Economics are suitable degree paths for potential stockbrokers.
(B) – Licensing
The Series 7 License is required to trade stocks, bonds and options on behalf of clients. A brokerage firm that’s a member of FINRA must sponsor you to take the exam. You can learn more here.
The Series 63 or 66 Exams are required as well, though, do not require a sponsor.
(C) – Registration
The state of Georgia mandates that all agents register with Form U4 along with a $50 fee. Renewal fees are $40 and are due by December 31. Find more information at the Secretary of State’s website.
Median Income of Financial Careers in Georgia
- Brokerage Clerks – $44,970
- Financial Analysts – $72,320
- Real Estate Sales Agents – $35,650
- Economists – $90,690
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