How Much Do Stockbrokers Make in New Hampshire

How Much Do Stockbrokers Make in New Hampshire? Wages have been climbing year after year in New Hampshire. However, not as high as other New England States.




How much do stockbrokers make in New Hampshire?

The median hourly wages for registered representatives in 2015 was $60.82.

75th and 90th percentile earners received over $90.00 per hour.

Find the average stock broker salary in New Hampshire, along with annual wages and employment statistics below.

So, how much do stockbrokers make in New Hampshire?

The Average Stock Broker Salary in New Hampshire is $63,220 (Median: 2015)

 

average stock broker salary in new hampshire

The Top 3 highest medians (Yearly salaries: 2014)

  • Other New Hampshire BOS – $127,560
  • Rochester-Dover, NH-ME Metropolitan NECTA – $97,000
  • Portsmouth, NH-ME Metropolitan NECTA – $90,050

Lowest median

  • Lawrence-Methuen-Salem, MA-NH NECTA Division – $49,310

How Much Do Stockbrokers Make in New Hampshire (Annual Rates and Employment)

As mentioned above, securities sales agents (or stock brokers) in New Hampshire have seen a steady increase of wages over the past few years.

The determining factor of incomes for this profession is generally:

1) Brokerage firm you work for and,

2) The size of your Assets Under Management (AUM).

Also, the type of assets you manage is important as well. Many firms incentivize selling certain securities to increase revenue through bonuses that can be quite generous.

From the table below, you can notice the upward trend of incomes these individuals have generated over the past few years. Perhaps indicative of a recovering economy.

How much do stockbrokers make in New Hampshire:


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

How to Become a Stockbroker in New Hampshire

[1] – Education

One of the most important steps when learning how to become a stockbroker in New Hampshire includes seeking quality education from an accredited college or university.

Employers in the finance industry are very demanding and so to increase the chances of an interview, obtaining a degree in either Finance, Business or a related field is crucial.

[2] – Licensing

After obtaining a degree and becoming hired at a brokerage firm, you can then be sponsored to take the Series 7 Exam. The Series 66 or 63 is also required by the state.

[3] – Registration

Stock brokers in New Hampshire must adhere to strict requirements as outlined in the New Hampshire Securities Act. The regulations set forth in the act are enforced by the New Hampshire Bureau of Securities Regulation.

For broker/dealer agents registering with the state of New Hampshire, a registration fee of $130 is required along with submitting Form U-4 through WebCRD. Licenses should be renewed every year with an annual $100 fee before December 31. Find more information here.

Average Salary for Other Finance Occupations

  • Insurance Sales Agent – $55,700
  • Financial Managers – $95,720
  • Real Estate Brokers – $84,250
  • Economists – $63,310

Find Employment Opportunities in New Hampshire:

average stock broker salary in New Hampshire How Much Do Stockbrokers Make in New Hampshire New Hampshire Bureau of Securities Regulation
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