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Automation Risk Analysis

Will “Stock Broker” be Automated?

Historical Context: Oxford Study (2013)

Ranked #74 of 702. Estimated risk: 1.6%

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AI Exposure Risk

58%

“Stock Broker” will maybe be replaced by AI.

Based on the cognitive demands, communication requirements, and logical reasoning intrinsic to this occupation according to O*NET data, we project a 58% probability of disruption by generative AI and Large Language Models.

Automation & Robot Risk

23%

“Stock Broker” will almost certainly not be replaced by robots.

Evaluating the physical dexterity, repetitive motion tasks, and manual labor associated with this role, our analysis indicates a 23% likelihood of substitution by advanced robotics systems.

Personal & Financial Insights

Every occupation has a unique profile. For Securities, Commodities, and Financial Services Sales Agents, the Bureau of Labor Statistics and O*NET classify the day-to-day work broadly as: Buy and sell securities or commodities in investment and trading firms, or provide financial services to businesses and individuals. May advise customers about stocks, bonds, mutual funds, commodities, and market conditions.

Avg. Annual Salary $110,400
Avg. Hourly Wage $53.08
Available Jobs (US) 472,300
Job Title & Hierarchy Code (SOC) Securities, Commodities, and Financial Services Sales Agents #41-3031
Wage vs. National Median
ℹ️

Data is based on the reference occupation: “Securities, Commodities, and Financial Services Sales Agents”

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Core Skills & Abilities

  • Relay buy or sell orders to securities exchanges or to firm trading departments.

  • Review all securities transactions to ensure accuracy of information and conformance to governing agency regulations.

  • Offer advice on the purchase or sale of particular securities.

  • Contact prospective customers to present information and explain available services.

  • Inform other traders, managers, or customers of market conditions, including volume, price, competition, or dynamics.

  • Negotiate prices or contracts for securities or commodities sales or purchases.

  • Buy or sell stocks, bonds, commodity futures, foreign currencies, or other securities on behalf of investment dealers.

  • Identify opportunities or develop channels for purchase or sale of securities or commodities.

  • Report all positions or trading results.

  • Make bids or offers to buy or sell securities.

  • Keep accurate records of transactions.

  • Devise trading, option, or hedge strategies.

  • Purchase or sell financial derivatives for customers.

  • Prepare financial reports to monitor client or corporate finances.

  • Determine customers' financial services needs and prepare proposals to sell services that address these needs.

  • Monitor markets or positions.

  • Explain stock market terms or trading practices to clients.

  • Prepare and send requests for price quotations to all companies in a particular market.

  • Supply the latest price quotes on any security, as well as information on the activities or financial positions of the corporations issuing these securities.

  • Discuss financial options with clients and keep them informed about transactions.

  • Complete sales order tickets and submit for processing of client-requested transactions.

  • Evaluate costs and revenue of agreements to determine continued profitability.

  • Calculate costs for billings or commissions.

  • Track and analyze factors that affect price movement, such as trade policies, weather conditions, political developments, or supply and demand changes.

  • Price securities or commodities based on market conditions.

  • Interview clients to determine clients' assets, liabilities, cash flow, insurance coverage, tax status, or financial objectives.

  • Supervise support staff and ensure proper execution of contracts.

  • Agree on buying or selling prices at optimal levels for clients.

  • Develop financial plans, based on analysis of clients' financial status.

  • Sell services or equipment, such as trusts, investments, or check processing services.

Technologies & Software

  • Salesforce Einstein AI
  • Mistral (Mistral AI)
  • BondDesk Group Trader WorkStation
  • Microsoft PowerPoint
  • SunGard MicroHedge
  • Realm Business Solutions INSIGHT for ARGUS
  • FundCount Web
  • IBM Notes
  • Nova (Amazon)
  • The MathWorks MATLAB
  • ChatGPT (OpenAI)
  • Fund accounting software
  • Grok (xAI)
  • Fixed income alternative trading systems ATS
  • Trading Blox
  • Scheduling software
  • CableSoft LiveWire Trader
  • Regulatory agency compliance software
  • Gemini for Workspace
  • Sage 50 Accounting
  • Project management software
  • Imagine Software Imagine Trading System
  • Oracle Hyperion
  • Drift (Conversational AI)
  • Napkin AI
  • Thomson Reuters Tradeweb
  • Microsoft Excel
  • Web-based trading systems
  • Microsoft Windows
  • Graphics software
  • LinkedIn
  • Microsoft SharePoint
  • Financial needs analysis software
  • Salesforce software
  • Calypso Technology Calypso Asset Management
  • Triple Point Commodity XL
  • Claude (Anthropic)
  • Leading Market Technologies EXPO
  • Microsoft Dynamics GP
  • Customer relationship management CRM software
  • Sales analysis software
  • R
  • Derivicom FinOptions XL
  • C++
  • Llama (Meta)
  • Gong.io
  • SAP software
  • IBM Cognos Impromptu
  • Microsoft Office software
  • CSI Complex Systems ClientTrade
  • Meta Business AI
  • Linux
  • Aspen Graphics Technical Analysis Software
  • Word processing software
  • Database management software
  • DeepSeek
  • AIQ Systems TradingExpert Pro
  • CQG Integrated Client
  • Multiple trading transaction systems
  • Web browser software
  • AnalyzerXL
  • Python
  • Microsoft Access
  • Citi The Yield Book Calculator
  • Microsoft Visual Basic
  • UNIX
  • Email software
  • Microsoft Outlook
  • HubSpot AI
  • Bloomberg Professional
  • Kimi (Moonshot AI)
  • Oracle Java
  • Tradeweb Markets Tradeweb
  • Knight BondPoint
  • Oracle PeopleSoft
  • Clari AI
  • Gemini (Google)
  • FileMaker Pro
  • Qwen (Alibaba)
  • Customer information control system CICS
  • ADP/Vantra VOLTS
  • Oracle PeopleSoft Financials
  • Telvent DTN ProphetX
  • Spreadsheet software
  • Oracle Siebel CRM
  • Microsoft Dynamics
  • Microsoft Word
  • Redi Enterprise Development Redi ERM
  • Charles River Development Charles River Investment Management System
  • Web-based information systems
  • Oracle E-Business Suite Financials
  • Computer data input scanners
  • Mobile computing devices
  • Laptop computers
  • Desktop computers
  • Notebook computers
  • Tablet computers
  • Personal computers
  • Multi-line telephone systems
  • Laser facsimile machines
  • 10-key calculators
  • Photocopying equipment

Alternative Job Titles