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 |