How much money does a stockbroker earn?

Answer 1

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.

Answer 2

It varies and depends on experience and what their clients are

Answer 3

30k-MILLIONS