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Securities Agents, Investment Dealers and Brokers  (NOC 1113)
Edmundston--Woodstock Region
Description |  Titles |  Duties |   Related Occupations

Securities agents and investment dealers buy and sell stocks, bonds, treasury bills, mutual funds and other securities for individual investors, pension fund managers, banks, trust companies, insurance firms and other establishments. Brokers buy and sell stocks, bonds, commodity futures, foreign currencies and other securities at stock exchanges on behalf of investment dealers. They are employed by investment companies, stock brokerage firms, stock and commodity exchanges and other establishments in the securities industry.

agent, securities, bond dealer, broker, commodity broker, discount broker, floor trader – commodity exchange, foreign exchange trader, investment dealer, mutual fund broker, mutual fund sales representative, registered investment representative, securities sales agent, securities trader, stockbroker, supervisor, registered representatives.

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Securities agents and investment dealers perform some or all of the following duties:
  • Develop long-term relationships with their clients by preparing investment strategies to help them achieve their financial goals, offering advice and information on various investments to guide them in managing their portfolios
  • Review financial periodicals, stock and bond reports, business publications and other material, and develop a network within the financial industry to gather relevant information and identify potential investments for clients
  • Carry out investment orders by buying and selling stocks, bonds, treasury bills, mutual funds and other securities for individual investors, pension fund managers or companies such as banks, trust companies and insurance firms
  • Monitor clients' investment portfolios and ensure that investment transactions are carried out according to industry regulations.
Brokers perform some or all of the following duties:
  • Buy and sell stocks, bonds, commodity futures, foreign currencies and other securities at stock exchanges on behalf of investment dealers
  • Develop trading strategies by reviewing investment information and monitoring market conditions from the exchange floor and through contact with trading departments of other investment firms, pension fund managers and financial analysts
  • Make bids and offers to buy and sell securities and complete details of sales on exchange trade tickets
  • Prepare reviews of portfolios' positions.
Included Cities in Region | Service Canada Offices

Edmundston, Grand Falls, Grand-Sault, St. Leonard, Woodstock

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View a list of Service Canada offices in this area.

Outlook & Prospects for Securities Agents, Investment Dealers and Brokers in Edmundston--Woodstock Region

The future forecast and current conditions for an occupation can vary based on location or due to changes in the economy, technology, or demand for a product or service.

Local Employment Potential Information

Table on the employment potential for Securities Agents, Investment Dealers and Brokers in Edmundston--Woodstock Region as well as in the rest of the New Brunswick.
Location Employment Potential Release Date
Edmundston--Woodstock Region <Not assigned> 2011-05-24

According to the most recent (2006) Census, this is a small occupational group with a labour force of 70, and an unemployment rate (0%) that is below the average (8%) for all occupations in the area. Also, the average age of securities agents, investment dealers and brokers is 39, which is below the average age (40) of all occupations.

According to the most recent Canadian Occupational Projection System (COPS) Forecast, the average annual employment growth rate for this occupation is above the average for all occupations in New Brunswick. Securities agents, investment dealers and brokers work mostly in the finance, insurance, real estate and leasing industry.

[ Source: Labour Market Information - HRSDC ]
Please consult the New Brunswick and Canada tabs for more useful information related to outlook.