> How do I register to become a Deposit Broker?

How do I register to become a Deposit Broker?

Posted at: 2014-12-05 
I wish to become a deposit Broker in order to hold and acquire insurance for client funds that I will be holding.

Please provide a link to the application process.

1. People interested in a career as a deposit broker should have a finance background, as the position entails an understanding of certificates of deposit (CDs) and their inherent risks. Deposit bankers often negotiate with banks to secure better deals and rates on CDs, which they in turn may sell to prospective investors. You will have to option to run your own business from home or work for a major firm.

2. Instructions

-Receive your high school diploma and attend an accredited college or university, graduating with a degree in a finance-related field. Pursuing a master's degree may underline your expertise in the field and ultimately improve your job prospects.

-Gain at least three years of experience in the finance industry, so that you begin to learn about how the market works.

-Begin cultivating long-term work relationships with your clients, who will begin to lean on you when faced with complex financial tasks. This will help you establish a good reputation in the industry and may draw in more clients. Secure an Errors and Omissions (E&O) insurance certificate by contacting your state's regulatory agency.

-Join a professional organization.

3. Read more: http://www.ehow.com/how_6663376_become-d...

.

.

I wish to become a deposit Broker in order to hold and acquire insurance for client funds that I will be holding.

Please provide a link to the application process.