How Much Do Stockbrokers Make in Hawaii

How Much Do Stockbrokers Make in Hawaii? The average stockbroker salary in Hawaii is slightly lower than the national average.




How much do stockbrokers make in Hawaii?

The median hourly pay (2014) for stockbrokers in Hawaii was $26.90.

90th percentile agents – those who’ve had incomes higher than 90 percent of stockbrokers in the state – earned $72.41.

And 75th percentile agents earned $44.09 an hour.

View the data below to get a more detailed look on how much stockbrokers make in Hawaii.

So, how much do stockbrokers make in Hawaii?

The Average Stock Broker Salary in Hawaii is $55,950

 

average stock broker salary hawaii

The highest salaried medians (Yearly salaries)

  • Hawaii/Maui/Kauai BOS – $68,770
  • Honolulu, HI MSA – $53,460

How Much Do Stockbrokers Make in Hawaii

Broker-dealer agents in Hawaii earn below the national average ($72,070) for this profession.

This is unfortunate as the cost of living in the Aloha state is higher than on the mainland.

Housing and electricity are two of the biggest expenses that exceed the rest of the nation.

How much do stockbrokers make in Hawaii:

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

How to Become a Stockbroker in Hawaii

[1] – Education

A degree in Business Administration or Finance is recommended in order to land a position at a firm. On the job training will also be provided for stockbroker trainee/junior stockbroker positions.

[2] – Licensing

Next, your efforts in becoming a stockbroker include attaining the Series 7 License and Series 63 or 66 Licenses. Sponsorship from a brokerage firm is required for the Series 7 License ($305 fee). However, the Series 63 or 66 can be taken without a sponsor ($125 and $155 fee respectively).

[3] – Registration

Becoming a stock broker in Hawaii requires that you to go through the system as stipulated by the law until you finally get approval from the Hawaii Department of Commerce. A filing fee of $50 is required. And interestingly, the filing fee is reduced 50% between Jan 1, 2016 till Dec 31, 2016 making it only $25.

Median Salaries for Sales Related Jobs in Hawaii

  • Advertising Sales Agents – $49,510
  • Insurance Sales Agents – $40,980
  • Real Estate Sales Agents – $52,940
  • Sales Manager – $70,820

Find Employment Opportunities in Hawaii:

Average Stock Broker Salary in Hawaii Hawaii Department of Commerce How Much Do Stockbrokers Make in Hawaii How to Become a Stockbroker in Hawaii
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