, Posted in: services, Author: Marco (April 10, 2015)
Asking experts for steps on how to become a stockbroker may yield answers that would make stockbrokerage look like a rather easy and fun job, but it is actually so much more than that. Agreed, there isa problem with films highlighting only the glamorous parts in a day of the stockbroker. While it is true that there are a lot of glam in a stockbroker’s life, aspiring brokers need to also learn about the nitty-gritty of the job, since it is the only way one can ever fully learn how to become a stockbroker in the competitive world.
So, first point in the job description of a stockbroker: to manage your client’s financial portfolio. Remember that your client may be a single person, a corporation, or many individuals at a time and possibly even many corporations at a time. Basically, your goal is to lead your client to make sound decisions in buying and selling stocks and other available securities so they could get best returns on the money they will be investing. You earn a portion from what they earn, so your success would definitely depend on the success of your client/s!
So aside from deeply analyzing the financial portfolio of your client/s, you also need to be on top of things with the latest developments in the financial market since this becomes the playing field. Consultations with investment analysts would also be required sometimes, since these are people that are more objective in seeing the flow of the financial market. Reporting to clients also constitute a huge chunk of the job description of an average stockbroker, so you would most probably be spending more time talking to clients over lunches and dinners as compared to the time you spend on your desk in the office.