Will brokerage clerks be replaced by AI?
Updated
Brokerage clerks score 67 of 100 for AI exposure. AI can already do 45% of their task time. Another 42% gets faster with AI, and 13% still needs a person.
- 45% AI can do it
- 42% AI helps
- 13% Needs a person
High exposure
Higher than 98% of the 923 occupations we scored.
Task by task
We graded 10 tasks, listed here from most to least exposed. AI can do 5 of them today, speeds up 4 and leaves 1 to people.
| Task | AI exposure |
|---|---|
| Document security transactions, such as purchases, sales, conversions, redemptions, or payments, using computers, accounting ledgers, or certificate records. Recording trades into ledgers and records is structured data entry. | 80% AI can do it |
| Prepare reports summarizing daily transactions and earnings for individual customer accounts. Daily account summaries are generated from transaction data with little judgment. | 78% AI can do it |
| Prepare forms, such as receipts, withdrawal orders, transmittal papers, or transfer confirmations, based on transaction requests from stockholders. Generating receipts and confirmations from request data is templated work. | 75% AI can do it |
| Compute total holdings, dividends, interest, transfer taxes, brokerage fees, or commissions and allocate appropriate payments to customers. Holdings, fees, and tax computations are arithmetic over structured records. | 75% AI can do it |
| Monitor daily stock prices and compute fluctuations to determine the need for additional collateral to secure loans. Price monitoring and collateral calculations are rule-based and software-friendly. | 70% AI can do it |
| Verify ownership and transaction information and dividend distribution instructions to ensure conformance with governmental regulations, using stock records and reports. Records checks against rules are automatable, but compliance sign-off stays human. | 60% AI helps |
| Correspond with customers and confer with coworkers to answer inquiries, discuss market fluctuations, or resolve account problems. Drafts replies and explains moves; account problems need human judgment. | 55% AI helps |
| Schedule and coordinate transfer and delivery of security certificates between companies, departments, and customers. Scheduling and correspondence are assisted, physical delivery is not. | 45% AI helps |
| Perform clerical tasks, such as answering phones or distributing mail. Phone answering can be assisted, but mail handling stays physical. | 30% AI helps |
| File, type, or operate standard office machines. Filing paper and operating office machines is mostly physical work. | 15% Needs a person |
How brokerage clerks compare
All occupations (923)
Office and administrative support (51)
Pay and outlook in the US
- Median pay
- $65,750 a year, May 2025
- People employed
- 35,940 in the US, May 2025
- Projected change in jobs
- -7.6% from 2024 to 2034
Skills to build
- Reconcile ledger entries and holdings in Microsoft Excel
- Hold the FINRA Series 99 operations professional registration
- Verify dividend instructions against governmental regulations before payout
- Answer customer account problems in Microsoft Outlook
- Sign off compliance checks on ownership and transfer records
- Set collateral call thresholds from daily stock price moves
Safer roles nearby
5 related occupations with lower scores.
Questions about brokerage clerks and AI
Will AI replace brokerage clerks?
Partly. About 6 in 10 working hours go to tasks AI can already do, mostly recording trades into ledgers and preparing daily account summaries. What stays with people is correspondence on account problems and compliance sign-off on ownership records.
Which brokerage clerk tasks is AI taking over?
Documenting security transactions in ledgers scores 80 on exposure, because each trade is structured data entry. Preparing daily account summaries scores 78 for the same reason, since the reports are built from transaction data with little judgment.
Which brokerage clerk tasks stay human?
Filing and operating office machines scores only 15 on exposure, since the work is physical. Compliance sign-off on ownership and transaction records stays human, even though the underlying checks score 60, because a person must answer for the result.
How can brokerage clerks stay valuable?
Check every AI-prepared ledger entry against trade confirmations in Excel, and handle the account problems that need judgment. Earn the FINRA Series 99 registration, learn the collateral calls that depend on price moves, and take on compliance sign-off in Oracle PeopleSoft records.
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