Stockbroker

What does a fund broker do? – Tasks and work environment

A fund broker works with mediating and trading securities such as stocks, funds, and bonds on behalf of clients. The role involves analyzing the market, providing investment advice, and executing buy and sell transactions for individuals, companies, or institutions. The work is often conducted in an intense and rapidly changing environment, where the focus is on maximizing client returns while complying with regulations and ethical standards. The work environment is typically office-based, with access to advanced analysis tools and close collaboration with other specialists in economics and finance.

Salary development over time

The salary for a fund broker has shown a clear positive trend over the past three years. In 2022, the average salary was 52,700 SEK per month, increasing to 53 200 SEK in 2023. The latest recorded average salary for 2024 is 56 900 SEK, representing an approximate 8% increase over the three-year period. Factors driving the salary increase include rising demand for qualified economists, higher requirements for financial expertise, and a generally strong job market in banking and securities trading. Differences in salary development can also be linked to experience, education level, and geographic location, with metropolitan regions often offering the highest salaries within the profession.

Fund broker salary – complete overview

• Average salary: 56 900 SEK/month
• Lowest salary: 50,000 SEK/month (female, public sector)
• Highest salary: 86,900 SEK/month (male, private sector, post-secondary education 3+ years)
• Hourly wage (average): 342 SEK
• Women earn: 53 300 SEK/month (86% of men's salary)
• Men earn: 61 800 SEK/month
• Regional differences: Higher salaries in metropolitan regions, especially Stockholm

Education and qualifications

To work as a fund broker, a post-secondary degree in economics, finance, or law is usually required. Many employers also require certifications in securities trading and experience from internships or trainee programs. Besides formal requirements, analytical skills and good communication skills are valued.

• Economics degree: Bachelor's (3 years) or master's (1–2 years additional)
• Certifications: SwedSec license, CFA, or equivalent
• Internship/Trainee: Meritorious, often required by larger employers
• Prerequisites: High school diploma with a focus on economics recommended
• Tips for choosing: Combine studies in finance and law for broader competence

Common benefits and compensations

Fund brokers are often offered performance-based bonuses in addition to their base salary, especially in the private sector. Other benefits may include pension schemes, wellness allowances, subsidized lunches, and opportunities for further education or certifications. Flexible working hours and remote work options exist but are less common in the most market-intensive roles.

Competition and challenges

Competition for the most attractive positions as a fund broker is high, especially in metropolitan areas where the largest employers are located. The industry is characterized by rapid changes and high demands for regulatory compliance, which requires continuous skills development. Digitalization and automation of securities trading mean that the role is evolving quickly, and new technical skills are increasingly important. At the same time, there is increased focus on ethics and transparency, posing challenges for both recent graduates and experienced fund brokers. The ability to build long-term client relationships and quickly adapt to new market conditions is essential for success in the profession.

Tips for those aspiring to become a fund broker

To succeed as a fund broker, it is beneficial to combine a strong interest in financial markets with analytical skills and high stress tolerance. Building a network within the industry early can create valuable career opportunities, especially if initiative and social skills are actively used. Being meticulous and maintaining an ethical approach is important, as the role involves significant responsibility toward clients and legislation. Continuously staying updated on market trends and regulations provides a competitive edge, as does developing digital skills. Engagement and a willingness to learn new things are key factors, and participating in relevant courses or certification programs can enhance chances of getting your first job. Finally, communication skills and the ability to build trust are crucial for long-term success in the profession.

Key facts about Fund Broker

• Educational level: Post-secondary degree in economics or finance
• Work environment: Office environment with high pace and flexibility requirements
• Typical employment: Full-time, often employed by banks or securities firms
• Demand: 758 available jobs in Sweden within the profession
• Special skills: SwedSec license and market analysis

Career paths and future prospects

After three to five years in the profession, a fund broker can advance to roles such as portfolio manager, investment advisor, or take on leadership positions within asset management. Specializing in specific asset classes or working with institutional clients is also common. The job market forecast remains positive according to the Swedish Public Employment Service, with steady demand for qualified economists and a large number of available positions. Digitalization and increased complexity in the financial sector mean that demand for skilled labor is expected to continue, especially for those who continually further their education and stay updated on new regulations.

Frequently asked questions about Fund Broker

• What does a fund broker earn?
  - The average salary for a fund broker is 56 900 SEK per month, with variations depending on experience, gender, and sector.
• What education is required to become a fund broker?
  - Typically, a post-secondary degree in economics or finance is required, along with certification, such as a SwedSec license.
• Are there significant salary differences between men and women?
  - Yes, women earn on average 86% of what men do within the profession.
• What is the job market like for fund brokers?
  - Demand is good with 758 available jobs in Sweden, especially in metropolitan areas.
• What are the duties of a fund broker?
  - Duties include trading securities, providing investment advice, market analysis, and client contact.
• Are there opportunities for advancement?
  - Yes, after a few years, fund brokers can become portfolio managers, advisors, or take on leadership roles.
• What personal qualities are important?
  - Analytical ability, stress tolerance, accuracy, and good communication skills are central qualities.