what is the purpose of a stockbroker?
Stock brokers are those who, in exchange for a fee or commission, purchase and sell stocks and other assets for institutional and retail clients over the counter or on a stock exchange. Retail investors, other financial institutions, and fund managers are all clients of institutional stock brokers. What does a broker of stocks do? Stockbrokers manage their clients' wealth portfolios and deal directly with them. They build new enterprises while working with their current customers. The following responsibilities are also involved: · monitoring stock market performance · staying current with financial and tax legislation · and doing specialist market research and analysis. Brokers are required to be truthful and disclose all relevant information, including dangers. It is unacceptable to give false or inflated information. Additionally, they must actively Let's look at the different types of stockbrokers now that you are aware of what a stockbroker is and