maineA stockbroker’s salary is approximately $20,000 to $100,000 per year. $20,000 there is the entry salary of a stockbroker and the $100,000 can be the future salary of a stockbroker who has spent years on the stockbroker industry. Being a stockbroker in the United States is no easy job, but once you get the knack of it, the financial rewards would really be worth it! To be successful, you have to be licensed in at least one state. So if you want to specialize in a single state, you have to be aware of the licensure requirements of the said state. For those who want to become a stockbroker in Maine, here are the things you have to keep in mind:

Take Qualifying Examinations

First and foremost, you need a stockbroker firm to sponsor you to qualify to take the Series 7 examination. This is the required examination for ALL aspiring stockbrokers in the U.S. Now, you also need the Series 63 or the Series 66 exam. You have to ask your firm which one is their requirement for employment.

Once you pass the Series 7 and the Series 63/66 exam, you would then be licensed to solicit clients in the State of Maine. Make sure you put this into good use and begin soliciting clients at once when you get your license!

A college diploma is not a prerequisite to getting your license, but since the field is highly competitive, a college diploma would surely help you gain an advantage over your competition. There are a lot of good universities in Maine, but the following are our top bets. Make sure you consider enrolling here:

Recommended Colleges in Maine

  • Kaplan University – The Kaplan University in Maine can be found in S. Portland. You can get an associate degree, a bachelor’s degree, a master’s degree and a MACC degree in this university. They also offer an assortment of courses like accounting, administration, e-commerce, entrepreneurship, human resources management, IT management, marketing and public administration. They even offer some of their programs online to cater to those who cannot come to class on a regular basis due to certain personal reasons.
  • Thomas College – The Thomas College is located in Waterville. They offer various levels of educational attainment such as an associate degree, a bachelor’s degree, a master’s degree and an MBA degree. Aside from that, you can select from the extensive selection of courses they offer to aspiring students who are interested in enrolling in their school. These courses include accounting, administration, entrepreneurship, hospitality management, human resources management, IT management, international business, marketing and music/entertainment/sports management.

To summarize, the things you need to accomplish to become a stockbroker in Maine are the following: (1.) Look for a Maine-based firm, (2.) Pass all the required exams to get licensed, and (3.) Consider getting a college education.