Stockbroker dying profession
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Can a good stock broker make a 6 figure income? Are you sure you want to delete this answer? Trending Now Megan Anderson Henry Cavill Boris Becker Jada Pinkett Smith DeAndre Jordan E-trade Colin Kaepernick Senior Living Apartments Damon Gupton Mortgage Calculator. Or certainly low man on the totem pole.
A decent stock brokers makes a 6 figure income, a good broker definitely makes 6 figures income. A very good broker in a strong geographic area can do it. But you should understand that the odds are becoming worse and worse for the stock broker profession. Online trading, mutual funds and the quality of good investment information readily available online make stock fidelity investments futures trading a dying breed.
You could very well end up like the stock broker on the Scottrade commercials. The average salary of a broker is increasing drastically, because only the top performers remain at their job.
The "decent" brokers whose clients are middle class lose clients daily, simply because they can get the same information for free. The top brokers earn 7 digits, but they aren't "brokers" they are "wealth managers" who invest funds for high net worth clients, endowments, pension funds all of which require close care and attention that they can not give, which middle class people can. And well above that. It's a small percentage Yes, and probably more.
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