0
It varies. Success usually depends on skill and effort.
Being a Stockbroker, I feel qualified to answer this one. A stockbroker can earn any amount of money that he/she wants to earn. Since it is a Commission-Only business, your annual income will depend upon the following:
1. How much effort you put into your work.
2. How good you are at it.
The average stockbroker with a major firm (Merrill, Smith Barney, AG Edwards etc) will earn about $100,000 per year or more. This would be for brokers with 5 or more years of service. There are brokers that earn less and some brokers earn in excess of $500,000 per year.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is Investing shares throughout the stockbroker?
Every Stockbroker has his/her own personal portfolio of companies that they target to earn you money. You can opt to have your broker look at specific companies and invest in them, or you can invest an amount of money into every holding of a particular portfolio this is investing shares throughout the broker.
The money a stockbroker makes from a sale of stock?
commission
How much money does a dental hygienist earn in Minneosota?
How much money does a dental hygiene earn in the state of Michigan?
How much money does an anesthesiologist earn a week?
how much money does a anesthesiology
How much money does a dental assistant earn in Denver CO?
how much money does a dental assistant earn denver Co
How much money does a police chief earn in Dallas Texas?
How much money does a police chief earn in Dallas Texas
How much money does a psychologist earn an hour in Houston Texas?
Psychologists in Houston, Texas typically earn between $30 to $60 per hour, depending on their level of experience and specialty. Factors such as the type of setting they work in (private practice, hospital, research institution) can also influence their hourly rate.
How much money does an orthopedic nurse earn?
how much does an orthopaedic nurse earn in nys?
How much do metallurgical engineers earn?
how much money does metallurgical engineers earn in Ghana
How much money does a PRN earn?
How much does p.r.n earn a year and how often do they work
How much does a customer service manager earn?
how much money does a account manager earn
What is the term for the money a stockbroker makes from the sale of stock?
commission
