How Much Do Stockbrokers Make in Mississippi?
Median hourly rates for registered representatives in 2014 was $38.81 in this state.
Agents in the 75th percentile earned $61.70 and 90th percentile brokers received $90.00+ an hour.
Securities salespersons made almost three times as much as the rest of Mississippi in 2014 ($13.76 vs $38.81).
Find employment statistics and annual salary data below.
So, how much do stockbrokers make in Mississippi?
The Average Stock Broker Salary in Mississippi is $80,710
The Top 3 highest medians (Yearly salaries)
- Northeast Mississippi BOS – $94,380
- Memphis, TN-MS-AR MSA – $82,340
- Northwest Mississippi BOS – $77,580
The Lowest medians
- Southwest Mississippi BOS – $43,530
- Gulfport-Biloxi, MS MSA – $66,990
How Much Do Stockbrokers Make in Mississippi? (Hourly Rates and Employment)
Over the years, registered representatives have increased their earnings which is indicative of a recovering economy. When markets rise, people are more willing to invest their wealth.
How Much Do Stockbrokers Make in Mississippi:
Stock Broker Salary | Source: U.S. Bureau of Labor Statistics
How to Become a Stockbroker in Mississippi
 – Education
Those who wish to prospect in this state and offer financial services should seek quality education from a college or university. In order to become a broker/dealer agent, firms often require that a degree in Finance, Business or related field be obtained.
 – Licensing
Once hired by a firm, they will sponsor you to take the Series 7 Licensing Exam. This will allow you to trade securities like options, stocks and bonds on a clients behalf. The fee is $305.
The Series 63 or Series 66 Exam is required by the state as well. The fees for each respectively are $125 and $155.
 – Registration
Form U-4 should be submitted through FINRA’s CRD (Central Registration Depository) along with a $50 fee in order to be registered in the state.
For non-FINRA member firms, Form U-4 should be submitted (along with the $50 fee) to this address:
125 S. Congress Street
Jackson, MS 39201
PO Box 136
Jackson, MS 39205
Average Salary for Similar Careers in Mississippi
- Personal Financial Advisors – $53,010
- Credit Counselors – $34,650
- Financial Analysts – $61,970
- Accountants and Auditors – $50,840
Find Employment Opportunities in Mississippi: