1. Home
  2. Jobs & Careers
  3. Explore Careers
  4. Securities agents, investment dealers and brokers
Back

Securities agents, investment dealers and brokers (NOC 1113)

Table of contents
About this job Earnings and Outlook Duties Work environment
Workforce and employment statistics Job requirements Related careers Career paths and resources
View full profile

About this job

Securities agents, investment dealers and brokers:

  • buy and sell stocks, bonds, treasury bills, mutual funds and other securities for individual investors, pension fund managers, banks, trust companies, insurance firms and other establishments
  • buy and sell stocks, bonds, commodity futures, foreign currencies and other securities at stock exchanges on behalf of investment dealers
  • work for investment companies, stock brokerage firms, stock and commodity exchanges and other establishments in the securities industry
Common job titles
  • annuity representative - investments
  • arbitrager
  • broker, commodity - grain, energy
  • representative, investment / securities
  • sales agent, mutual funds / securities
  • stockbroker
  • annuity representative - investments
  • arbitrager
  • broker, commodity - grain, energy
  • broker, financial
  • dealer, bonds / stocks / foreign exchange
  • representative, investment / securities

Earnings

Annual provincial median salary

$50,138

Source: 2016 Job Bank Wage data

Note:Estimated median employment income based on 2016 Job Bank median hourly wage rate (median annual salary = hourly wage rate x 40 (hours per week) x 52.14 (weeks per year))

Provincial hourly rate

  • High
  • Median
  • Low

Source: 2016 Job Bank Wage Report

B.C. Labour Market Outlook (2017-2027)

Provincial outlook

Forecasted average employment growth rate

  • 2017 - 2022
  • 2022 - 2027

Source: B.C. Labour Market Outlook

Job openings

10 year expected job openings: 920

  • 2017
  • 2022
  • 2027

Source: B.C. Labour Market Outlook

Composition of job openings

 
New jobs due to economic growth:
23.2%
210 openings
 
Replacement of retiring workers:
76.8%
710 openings

Source: B.C. Labour Market Outlook

Regional outlook

Select a region to view regional outlook
Vancouver Island / Coast Mainland / Southwest Thompson-Okanagan Kootenay Cariboo Northeast North Coast & Nechako
Cariboo
Employment in 2017:
N/A
Average annual employment growth:
N/A
Expected number of job openings:
N/A
Kootenay
Employment in 2017:
60
Average annual employment growth:
-0.6%
Expected number of job openings:
20
Mainland / Southwest
Employment in 2017:
2,070
Average annual employment growth:
0.9%
Expected number of job openings:
790
North Coast & Nechako
Employment in 2017:
N/A
Average annual employment growth:
N/A
Expected number of job openings:
N/A
Northeast
Employment in 2017:
N/A
Average annual employment growth:
N/A
Expected number of job openings:
N/A
Thompson-Okanagan
Employment in 2017:
80
Average annual employment growth:
1.4%
Expected number of job openings:
40
Vancouver Island / Coast
Employment in 2017:
250
Average annual employment growth:
0.0%
Expected number of job openings:
70

N/A - Data not available

Source: B.C. Labour Market Outlook

Duties

Securities agents and investment dealers:

  • develop long-term relationships with clients by preparing investment strategies to help them achieve their financial goals
  • review financial periodicals and develop a network within the financial industry to gather relevant information and identify potential investments for clients
  • carry out investment orders by buying and selling stocks, bonds, treasury bills, mutual funds and other securities for individual investors, pension fund managers or companies such as banks, trust companies and insurance firms
  • oversee client investment portfolios and ensure that investment transactions are carried out according to industry regulations

Brokers:

  • buy and sell stocks, bonds, commodity futures, foreign currencies and other securities at stock exchanges on behalf of investment dealers
  • develop trading strategies by reviewing investment information and monitoring market conditions from the exchange floor and through contact with trading departments of other investment firms, pension fund managers and financial analysts
  • make bids and offers to buy and sell securities and complete details of sales on exchange trade tickets
  • prepare reviews of portfolio positions

Work environment

Work in this occupation is typically performed in a structured environment, such as an office

Workforce and employment statistics

Workforce characteristics

2,500 workers are employed
54% of workers are working mostly full time

Source: 2011 National Household Survey

Employment by gender

  Men
  Women

Source: 2011 National Household Survey

Employment by age group

  15 - 24 years
  25 - 44 years
  45 - 64 years
  65+ years

Source: 2011 National Household Survey

Labour force by industry

Finance, Insurance and Real Estate:
89%
Professional, Scientific, and Technical Services:
3%
Other Private Services:
2%
Utilities:
1%
Business, Building and Other Support Services:
1%
View more industry data

Source: 2011 National Household Survey

Employment by region

Select your region:
Vancouver Island / Coast Mainland / Southwest Thompson-Okanagan Kootenay Cariboo Northeast North Coast & Nechako
  % employment of this occupation
  % employment of all occupations
Cariboo
Kootenay
Mainland / Southwest
North Coast & Nechako
Northeast
Thompson-Okanagan
Vancouver Island / Coast

Source: 2011 National Household Survey

Career paths and resources

Career paths

Promotion to related management positions is possible with experience.

Additional resources

Additional resources are not currently available for this career.

Save this profile

To save this career profile, please log in to your WorkBC job seeker account. If you don’t have an account, you can create one now.
Profile last updated:
January 18, 2018
RECENT JOB OPENINGS
investment relationship manager
GENTAI CAPITAL CORPORATION
Richmond
August 30, 2018

Career Tools
Blueprint Builder Career Compass Career Trek High Demand Occupations