What does a stockbroker do?
This job involves trying to get the best financial returns by buying and selling stocks, shares and other financial products. There are three types of service:
- discretionary – managing all your clients’ investments and making decisions on their behalf
- advisory – advising clients about various investment options
- execution only – buying and selling only when clients ask you to, without giving advice
What do I need to do to become a stockbroker?
To become a stockbroker, you will need to be honest and trustworthy. You’ll also need to be able to adapt to fast-changing situations. Entry is normally through a degree qualification, leading to a graduate training scheme with a financial firm.
- 2:1 degree or higher
Where to find out more
Where could I be working?
You could work for an international bank, financial investment and fund management firm, or specialist broker. There may also be opportunities in private banks, where wealth managers handle some of the stockbroking role.