There are currently an estimated 482,200 securities and commodities brokers in the United States. The securities and commodities broker job market is expected to grow by 7.4% between 2022 and 2032.

How employable are securities and commodities brokers?

CareerExplorer rates securities and commodities brokers with a B+ employability rating, meaning this career should provide good employment opportunities for the foreseeable future. Over the next 10 years, it is expected the US will need 40,000 securities and commodities brokers. That number is based on 35,500 additional securities and commodities brokers, and the retirement of 4,500 existing securities and commodities brokers.

What’s the supply of securities and commodities brokers?

The securities and commodities broker industry is concentrated in New York, California, Texas

Securities and Commodities Broker job market by state

State Name Employed Securities and Commodities Brokers
New York 61,270
California 49,230
Texas 40,790
Florida 27,910
Illinois 19,870
New Jersey 14,500
Pennsylvania 12,290
Colorado 11,920
Massachusetts 11,500
Ohio 10,580
North Carolina 9,510
Minnesota 8,740
Michigan 7,970
Georgia 7,770
Arizona 7,670
Connecticut 6,560
Washington 6,440
Missouri 6,430
Virginia 6,320
Wisconsin 4,490
Maryland 4,460
Indiana 4,420
Utah 3,960
Oregon 3,890
Tennessee 3,760
Kentucky 2,980
South Carolina 2,600
Iowa 2,600
Nevada 2,500
Louisiana 2,290
Delaware 2,140
Kansas 2,070
Nebraska 2,030
Alabama 2,020
Rhode Island 1,890
New Hampshire 1,770
Oklahoma 1,650
District of Columbia 1,560
Arkansas 1,510
Idaho 1,190
New Mexico 1,120
Maine 900
Montana 690
Hawaii 690
Mississippi 580
North Dakota 560
West Virginia 550
South Dakota 520
Vermont 510
Wyoming 250
Puerto Rico 240
Alaska 190