How Do You Become A Trainee Stockbroker?
There is no degree that you can get that will allow you to become a stockbroker. The only way a person can trade securities on behalf of clients is to obtain a Series 7 registered representative license with a Series 63 state regulations license. These are issued by the Financial Industry Regulatory Authority after prospects successfully pass the exams associated with each license. Not just anyone can take the exam; you must be sponsored by a registered broker-dealer. The best way to secure sponsorship is to enter a firm’s training program or be hired as an assistant to a top producing broker. Contact a brokerage you are interested in working for. Inquire with the human resources department to see if there is a broker training program or ask if there are any assistant positions available and which brokers you can contact to get more information. Apply for any training programs or internships available at brokerage firms. These are very competitive programs because the potential to make
