Stockbroker Benefits

by Contributing Writer ; Updated July 27, 2017

There are many benefits in using a stockbroker. Individuals, investors, traders and businesses can all use help, guidance and advice when it comes to managing their money. Stockbrokers are regulated professionals often referred to as Registered Representatives.

Advice

A stockbroker can offer advice on how to invest, grow, manage and mainatin your money. Stockbrokers are trained in this and have access to some of the best professional advice by some of the most educated and seasoned minds in the financial business.

Trading

A stockbroker can and will execute trades for a client/customer. A stockbroker can submit stock, bond, mutual fund, commodity, option, CDs and Treasury Bond buys and sells. A stockbroker can also complete for a customer tender offers, reorganization items, odd lot offers and more.

Record Keeping

One of the biggest benefits of using a stockbroker is record keeping. A stockbroker and his firm will keep records of trade confirmations, monthly statements, year-end tax reporting statements, deposits, withdrawals and any activity that has occurred in an account for at least seven years.

Teacher

Those new, inexperienced, or even experienced can learn a great deal from a seasoned and professional stockbroker. A stockbroker can provide insight and help a client learn about the advantages, disadvantages, risks and rewards of many different investment vehicles.

Conflicts

If a client has a conflict or complaint with their stockbroker, he can take it up with the firm at which the stockbroker is employed. No complaint will go unanswered and a quick and satisfactory result is the outcome all parties wish for.

Rules and Regulations

Rules and regulations govern stockbrokers and all must adhere to these standards. There job is to help you keep and grow your money while acting ethically. Their good business sense is rewarded in many ways when clients are happy and serviced.

Video of the Day

Brought to you by

References

Cite this Article | raiffeisen-cards.ru A tool to create a citation to reference this article Cite this Article

Related pages


checking account adalahmarried filing separately itemized deductions splitcodicil to will sampleblocking cold callersdefinition of elastic clausehow does deed in lieu affect creditdhs link card applicationdoes safeway cash checksdo you have to repay a pell granthow to calculate pre tax profit marginetrade savings rateadvantages and disadvantages of self insurancewhat does it mean when a cd matureswhat is ncpdp numbercomputershare walmartstrategydeskcredit card magnetic strip not workingstraight line amortization formulaprepayments balance sheetannuity rate of return calculatorbutterfly house chesterfield moexamples of personal budgetsvisa worldperksmortgage debt ratio formulawhere to get moneygram money orderhow to pump and dump stocksgross salary ytdrenting a apartment with bad creditcredit card magnetic strip protectormassachusetts state tax withholding formwhat is a voluntary repossession of a vehiclenovated lease interest ratescharities that accept mattressesconvertible bonds advantages and disadvantagescalifornia tax liensrenewal of medicaidresearch old stock certificatesirs 1040 schedule b instructionsdoes goodwill take appliancesveracity deffederal afr rateswhat is a w9 form for taxesdifference between roi and irrhudhomestore bid resultsdefinition of total asset turnoverreasons for amending tax returnhow to calculate a 3 for 2 stock splitwithdrawal tsptulane merit scholarshipsincome guidelines for food stamps in iowavanguard roth ira for minorsis it good to borrow from your 401kform 8396unclaimed money txstatute of limitations medical billshow to purchase savings bonds for grandchildrenlist of issuer identification numbers databaseetrade roth iraarkansas state tax refund statuss&p midcap 400 companiesidaho food stamp applicationspeedy rewards credit cardeviction notice tennesseecalculating per diem interesthow to get a replacement acls cardclose checking account wells fargodebt to net worth ratio formularepair door frame kicked inindex fund definehow to calculate stock split 2 for 1how long does it take savings bonds to maturesocial security for spouse of deceasedpv pmt