Stockbroker

Stockbroker
Stockbroker.jpg
A stock trader with a multi-monitor workstation, including a Bloomberg Terminal.
Occupation
NamesStockbroker
Investment advisor
Share broker[1]
Registered representative
Trading representative
Investment broker
Investment adviser
Financial adviser
Wealth manager
Investment professional
Occupation type
Profession
Activity sectors
Finance

A stockbroker is a regulated broker, broker-dealer, or registered investment adviser (in the United States) who may provide financial advisory and investment management services and execute transactions such as the purchase or sale of stocks and other investments to financial market participants in return for a commission, markup, or fee, which could be based on a flat rate, percentage of assets, or hourly rate. The term also refers to financial companies, offering such services.

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 strategic wealth professionals (in Canada), chartered financial planners (in the UK). The Financial Industry Regulatory Authority provides an online tool designed to help understand professional designations in the United States.[2]

  1. ^ "Compare brokers: what is the best broker?". Retrieved April 17, 2016.
  2. ^ komsan, seksun. "Understanding Professional Designations". seksun_komsan.org.co.th. Financial Industry Regulatory Authority. Retrieved October 9, 2020.{{cite web}}: CS1 maint: url-status (link)

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