Career related stock broker

Stock exchanges have traditionally relied on an outcry system for stock trades.

Stock Broker Jobs | CareerBuilder

Just prior to the turn of the 19th century, 24 stockbrokers met under a buttonwood tree on Wall Street in New York City and signed an agreement that laid down the ground rules for trading stocks and bonds. The Buttonwood Agreement became the basis for the New York Stock Exchange.

During the two centuries that have followed, the stock market has expanded exponentially, creating a multitude of jobs for investments brokers, financial analysts, computer professionals, legal consultants and more. Securities and Exchange Commission has a very specific definition for a stock broker.

Stock Broker Salary

A stockbroker is "any person who is engaged in the business of effecting transactions in securities for the account of others," according Section 3 a 4 A of the Securities Exchange Act of Stockbrokers must comply with a number of rules and regulations, including registering with the SEC, and maintain sufficient liquid capital to meet the claims of customers in the event the broker goes out of business.

While individuals can be stockbrokers, it is more likely that the actual broker will be a stock brokerage firm, which could be a corporation or partnership. Securities sales agents who work for stock brokerage companies are sometimes referred to as investments brokers, stockbrokers, Registered Representatives or the charming, but antiquated, "customer's man.

They are frequently trained and licensed to sell a variety of financial products including stocks, bonds, mutual funds, limited partnerships and insurance products. Financial career related stock broker, sometimes referred to as stock analysts, are research specialists who work for stock brokerage companies, banks, insurance companies, mutual funds and other financial services companies.

Stock Broker jobs | Simply Hired

They might career related stock broker their research on an individual stock, or on the stocks of companies in a particular economic sector. They try to project how the company's stock will perform in the open market based on such factors as current management, financial trends, competition and global events.

How do I invest? | Carmignac

Personal financial advisors help clients determine and meet their personal financial goals. They have a world market futures indicators knowledge base in a variety of financial fields, including banking, the stock market, bonds, insurance and tax planning.

They might educate their clients on the potential risks and rewards of specific investments, as well the stockbrokers association of australia the tax ramifications of such investments.

In order to maintain a level of objectivity, some personal financial advisors don't sell financial products. Instead they recommend the products that best meet their clients' financial needs, and charge a fee for their services.

Mike Parker is a full-time writer, publisher and independent businessman. He helped launch DiscoverCard as one of the company's first merchant sales reps.

Skip to main content. Securities Sales Agent Securities sales agents who work for stock brokerage companies are sometimes referred to as investments brokers, stockbrokers, Registered Representatives or the charming, but antiquated, "customer's man. Financial Analysts Financial analysts, sometimes referred to as stock analysts, are research specialists who work for stock brokerage companies, banks, insurance companies, mutual funds and other financial services companies.

Personal Financial Advisors Personal financial advisors help clients determine and meet their personal financial goals. References 5 Bureau of Labor Statistics: What Personal Financial Advisors Do Bureau of Labor Statistics: What Financial Analysts Do Bureau of Labor Statistics: What Securities, Commodities, and Financial Services Sales Agents Do New York Stock Exchange: History, New York Stock Exchange Securities and Exchange Commission: Guide to Broker-Dealer Registration.

Resources 3 New York Stock Exchange: How To Invest Fox Business: The Role of Floor Traders: About the Author Mike Parker is a full-time writer, publisher and independent businessman. Suggest an Article Correction. More Articles [Wall Street Trader] Job Description of a Wall Street Trader [Stock Trader] What is a Stock Trader's Salary? Also Viewed [Stock Broker] What Is a Junior Stock Broker?

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