How Much Do Stockbrokers Make in Iowa

How much do stockbrokers make in Iowa?

The median hourly rate for broker-dealer agents in Iowa was $24.17 in 2014.

Those in the 75th percentile earned $46.12 and 90th percentile agents earned $82.50.

Securities sales agents who assist clients with their investments can earn a reasonable wage in this state.

Find the highest and lowest paying areas as well as how many were employed during selected years below.

The Average Stock Broker Salary in Iowa is $50,270

The Top 3 highest medians (Yearly salaries)

• Ames, IA MSA – $69,420
• Northeast Iowa BOS – $63,830
• Des Moines-West Des Moines, IA MSA – $58,330

The 3 Lowest medians

• Southeast Iowa BOS – $34,600
• Dubuque, IA MSA – $43,230
• Cedar Rapids, IA MSA – $44,750

How Much Do Stockbrokers Make in Iowa (2011-2014)

View the table below to see annual wages and employment statistics below.

How Much Do Stockbrokers Make in Iowa:

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How to Become a Stockbroker in Iowa

[1] – Education

In order to compete for a position at a brokerage firm in Iowa, a degree in Finance, Economics, Accounting or Business is highly recommended. Seeking an MBA would also help with job searching as you would be eligible for advanced placement.

Taking courses in Mathematics, Statistics, Risk Management and Financial Markets would be beneficial. Find out more about becoming a stockbroker by clicking this link.

[2] – Licensing

The Series 7 Licensing Exam is required to trade securities for clients. A brokerage firm must sponsor you to take this exam which comes with a $305 fee. Also required by this state are the Series 63 and 66 Exams.

[3] – Registration

And in order to operate in Iowa, all agents must register through the Securities & Regulated Industries Bureau. There is a $40 fee when registering as an agent.

Median Income for Various Financial Careers in Iowa

• Advertising Sales Agents – $38,270
• Insurance Sales Agents – $42,860
• Auditors and Accountants – $55,770
• Financial Analysts – $70,850

Job Openings in Iowa: