How do I become a stock broker?

Question

Where do i apply or start?

Answer 1

Best Answer - Chosen by Voters

1) have a 4 year degree or real life experience
2) an easy way in is through an internship
3) keep in mind only about 1/100 brokers are hired
4) meet a broker in your local area, see if they will help you in (most companies have some sort of recruiting bonus’ so they will usually do it)
5) it takes about 6 months of training before you can set for your series 7, then another month or so for your series 66 or other state exam. Keep in mind, you work on commission, so you need to be able to live on nothing for 6-7 months! Oh, and by the way, the SEC does not allow you to work at any other job.

Source(s):

www.nasd.com

Answer 2

Yes, the first person had the right idea, but the approach was a little off-base.

You do have to be employed by a stock broker.

In addition you have to sit for and pass a Series 7 exam.

This exam is just as thorough as though you were becoming a C.P.A. or a financial planner. It requires A LOT of studying and KNOWING what to do AND HOW to do it!

Thanks for asking your Q! I enjoyed taking the time to answer it!

VTY,
Ron Berue
Yes, that is my real last name!

Source(s):

My wonderful family!

Been trading over one year.

I asked our broker.

Answer 3

Contact a broker like Edward Jones and ask about their broker trainee program. No education necessary. Background isnt important. Anyone can apply. What you need most is the ability to sell. You have to take a couple of exams administered by the Financial Industry Regulatory Authority. They arent that difficult with the broker trainee program and the study guides available.

Answer 4

MBA (Ivy League)