A stockbroker is a regulated professional individual, usually associated with a

brokerage firm or broker-dealer, who buys and sells stocks and other securities for
both retail and institutional clients, through a stock exchange or over the counter,
in return for a fee or commission. Stockbrokers are known by numerous
professional designations, depending on the license they hold, the type of securities
they sell, or the services they provide. In the United States, a stockbroker must pass
both the Series 7 and Series 63 exams in order to be licensed. In most English
speaking venues, the two word term stock broker, like stock brokerage, normally
applies to the brokerage firm, rather than to the individual.
HOW TO BE A SHAREBROCKERS
A stock broker is a financial adviser who counsels clients on appropriate
investments to fit their abilities and goals. Clients can be individuals or
corporations. To be a stock broker, one must work for a brokerage house,
because buying and selling stocks on the stock market is limited to members
of the stock exchange. A broker is also known as a securities sales agent or
securities and commodities sales agent.
1 Learn how the stock market works. The most successful stock
brokers have a strong interest in the operations of the market.

o Watch financial news shows.
o Follow different stocks and see what rises and what falls.
o Manage your own small stock portfolio to get a feel for the stock
market. If you're under 18, it will have to be in your parent's name.
o Participating in an investment club will expose you to investing.

2Plan your education. While there is no specific requirement other than
being good at predicting what will happen on the stock exchange, many
brokerages do look at a college education.

o A bachelor's degree in finance, business, economics or accounting
will provide you with a good financial education.
o Some brokerages hire interns during their last year of college.
o Some securities sales agents have MBAs, which could aid in job
advancement, larger signing bonuses and higher compensation.
3Get your license by passing the General Securities Registered
Representative Examination, administered by the National
Association of Securities Dealers. All brokers must be licensed.

o A stock broker must be employed by a brokerage house for four-to-
six months in on-the-job training before taking the exam.
o Brokers must score at least 70 percent on the six-hour exam.
o In many cases, passing the General Securities Registered
Representative Examination must be accompanied by posting a
bond.
o Stock brokers must also pass the Uniform Securities Agents State
Law Examination and the Uniform Advisor Law Examination in many
states.
o After passing the required exams, a stock broker becomes registered
with the Financial Industry Regulatory Authority (FINRA) as a
representative of a sponsoring brokerage.
o Brokers can also pursue certification as a Chartered Financial Analyst
(CFA) after working four years and passing three exams.
4Take classes to keep up with new developments that apply to
brokers and the stock exchange.
o Continuing education hours are also required to maintain licensure.