How Much Do Stockbrokers Make in Nevada?
Stock brokers assist clients in developing and executing plans so they can achieve their objectives in building wealth.
The median hourly wages for stockbrokers in Nevada was $19.55; 75th percentile earners received $30.95 and those in the 90th percentile had an hourly wage of $57.34
Below you’ll find data on the average stock broker salary in Nevada including, areas that pay the most and employment statistics.
So How Much Do Stockbrokers Make in Nevada?
The Average Stock Broker Salary in Nevada is $40,660
The Top 3 highest medians (Yearly salaries)
- Reno-Sparks, NV MSA – $45,420
- Carson City, NV MSA – $45,380
- Las Vegas-Paradise, NV MSA – $39,530
The Lowest median
- Other Nevada BOS – $34,020
- Western Central Nevada BOS – $38,670
How Much Do Stockbrokers Make in Nevada? (Annual Rates and Employment)
The salary average above is quite a bit under the national average for stock brokers which is $72,070. Time in the field and more Assets Under Management (AUM) will increase how much you earn during the year.
How Much Do Stockbrokers Make in Nevada:
Stock Broker Salary | Source: U.S. Bureau of Labor Statistics
How to Become a Stockbroker in Nevada
[A] – Education
Those interested in becoming stockbrokers in the state of Nevada should first seek education from a post-secondary institution. This will increase your chances of receiving interview requests from potential employers.
- Read More: How to Become a Stockbroker
[B] – Job Searching & Licensing
Seeking positions as a stock broker trainee will offer you opportunities to learn the ins and outs of the field. You’ll also receive sponsorship to take the Series 7 Exam which is required to trade stocks, bonds and options on behalf of clients. Your firm will pay the $305 fee.
Additionally, the Series 66 or 63 licensing exams are required also. For these sponsorship is not required and the fees for both exams are $155 and $125 respectively.
[C] – Registration
In order to perform financial services for clients in Nevada, registration to the state is required. The fee for registration for sales representatives (stock brokers) is $125. Registration must be renewed every year as it expires on December 31. The cost of renewing is $100.
Average Salary of Other Finance Careers in Nevada
- Real Estate Sales Agents – $55,450
- Insurance Sales Agents – $42,640
- Brokerage Clerks – $38,670
- Accountants and Auditors – $56,750
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