Securities Agents, Investment Dealers and Brokers

(NOC 1113)
+36.6%
 

What do Securities Agents, Investment Dealers and Brokers do?

Stockbrokers (securities agents and investment dealers) buy and sell stocks, bonds, treasury bills, and other securities for clients. They provide advice and monitor clients' investment portfolios to ensure that transactions are carried out according to industry regulations.

Traders buy and sell stocks, bonds, commodity futures, foreign currencies, and other securities at stock exchanges on behalf of investment dealers. They review information and monitor market conditions from the exchange floor and through contact with other investment firms, pension fund managers, and financial analysts.

How to become: Securities Agents, Investment Dealers and Brokers

In general, you must have a university degree or college diploma in economics, business or other related discipline. You may be able to substitute investment, sales or other related industry experience for a post-secondary education.

To be a securities sales representative or trader, you need to complete industry investment/sales training programs as well as the Canadian Securities Course and the Registered Representative Manual Exam offered by the Canadian Securities Institute. If you wish to specialize in specific products, you can take specialized courses.

To be a securities agent, investment dealer or trader, you must obtain a licence issued by the securities commission in the province/territory where you'll work.

With experience, you may move up the ranks to become a manager.

Most recent entrants have an undergraduate university degree, and about 1 in 10 has a graduate degree.

Where to study for a career as: Securities Agents, Investment Dealers and Brokers

Modified on August 29, 2024

How much do Securities Agents, Investment Dealers and Brokers make?

Low:
$47,840
Average:
$78,936
High:
$159,994

Job openings for Securities Agents, Investment Dealers and Brokers

Job Seekers:
6,200
Job Openings:
6,200