stockbroker
Sign in to saveAlso known as broker-dealer, financial adviser, investment adviser, investment broker, investment professional, registered investment adviser, regulated broker, share holder registered representative
A stockbroker is an individual or company that buys and sells stocks and other investments for a financial market participant in return for a commission, markup, or fee. In most countries they are regulated as a broker or broker-dealer and may need to hold a relevant license and may be a member of a stock exchange. They generally act as a financial adviser and investment manager. In this case they may also be licensed as a financial adviser such as a registered investment adviser (in the United States).
Key facts
- Occupation.name
- Stockbroker
- Occupation.image
- 250px
- Occupation.caption
- A stock trader with a multi-monitor workstation, including a Bloomberg Terminal
- Occupation.official_names
- StockbrokerInvestment adviserShare brokerRegistered representativeTrading representativeInvestment brokerInvestment adviserFinancial adviserWealth managerInvestment professional
- Occupation.type
- Profession
- Occupation.activity_sector
- Finance
via Wikipedia infobox
~12 min read
Encyclopedic overview
18 sectionsContents
- History of stock broking
- Types of stock brokers
- Functions
- Licensing and training requirements
- Australia
- Canada
- Hong Kong
- India
- Ireland
- New Zealand
- Singapore
- South Africa
- South Korea
- United Kingdom
- United States
- Notable stock brokers
- See also
- References
A stockbroker is an individual or company that buys and sells stocks and other investments for a financial market participant in return for a commission, markup, or fee. In most countries they are regulated as a broker or broker-dealer and may need to hold a relevant license and may be a member of a stock exchange. They generally act as a financial adviser and investment manager. In this case they may also be licensed as a financial adviser such as a registered investment adviser (in the United States).
Examples of professional designations held by individuals in this field, which affects the types of investments they are permitted to sell and the services they provide include chartered financial consultants, certified financial planners or chartered financial analysts (in the United States and UK), chartered financial planners (in the UK).
Excerpted from Wikipedia’s “stockbroker” article, available under the CC BY-SA 4.0 licence.