Each U.S. state has its own department that oversees the stock brokerage industry in each state. So as an aspiring stockbroker, you would definitely benefit from focusing on soliciting clients in a single state since it could get confusing the way the different states also have different qualifications and requirements for aspiring stockbrokers. For those who want to solicit clients in the state of Nebraska, here’s what you got to do:
Take Qualifying Examinations
This is the department that supervises all broker-dealer firms and agents in Nebraska. To be registered, you have to be licensed by passing the Series 7 exam as well as either the Series 63 or the Series 66 exam; the choice lies upon the discretion of your firm-employer.
Once you have passed the qualifying exams, you will get your license. You can then begin soliciting clients. And since there is no college education required for the job, you’re going to have to train while on the job! But don’t worry, your firm exists to help and train you as you go along!
Since you have a lot of competitors, a little bonus in the form of a college diploma can’t hurt! Make sure you get at least an undergraduate degree in banking, finance, or business management. For Nebraska residents, here are our top two recommended universities you could attend:
Recommended Colleges in Nebraska
- University of Phoenix – The University of Phoenix is in the Omaha area of the state of Nebraska. You can get an associate degree, a bachelor’s degree, a doctoral degree, a master’s degree, a MACC degree and an MBA degree here, depending on what you need and what you prefer. The courses made available to you here are accounting, administration, entrepreneurship, hospitality management, human resources management, IT management, marketing and music/entertainment/sports management. These courses will definitely supplement what you already know about the stockbroker industry, as these courses are also basically what you are going to do when you are already out there.
- Kaplan University – The Kaplan University is found in two locations in the state of Nebraska: in Lincoln and in Omaha. The university offers the following levels of educational attainment: an associate degree, a bachelor’s degree, a master’s degree, a MACC degree and an MBA degree. They offer courses that will definitely help you in getting a hang of your stockbroker career as these courses are associated with stockbroker work, and these courses are accounting, administration, e-commerce, entrepreneurship, human resources management, IT management, marketing and public administration. The Kaplan University also offers some of their programs online.
Again, let us summarize: To be a successful stockbroker in Nebraska, you have to be registered under the Nebraska Department of Banking and Finance. Then, you have to train on the job once you get licensed! To gain an advantage over the competitive industry, you might also want to get your college education from the two schools recommended above! Good luck!