Templates | English
A stockbroker is a financial service representative who assists consumers in buying and selling securities in financial markets such as the New York Stock Exchange. He can sell securities to investors as well as provide market insight to his clients. To thrive in this highly competitive sector, this profession requires quick thinking and great customer service abilities. A stockbroker looks after his clients' financial interests. He sells securities and commodities to individuals, advises clients on which assets are best suited to their financial circumstances, and manages clients' investment portfolios. In the exchange market, he executes trades and sells for clients. A broker must constantly stay on top of the market by evaluating, monitoring, and investigating the performance of stocks, trade markets, and acquisitions. A broker has a fiduciary duty to defend his clients' interests, hence he cannot engage in trades or provide financial advice that benefits himself financially. A stockbroker buys and sells stocks and other securities on behalf of her clients, but her profession is much more than that. Clients, whether individuals or institutions, expect a stockbroker to operate on their behalf and in their best interests, which means that these licenced agents must be well-versed in the market, adept with figures, and detail-oriented. Stockbrokers must completely comprehend their clients' investing objectives and risk tolerance. Stockbrokers typically earn commissions for completing deals for their customers. However, she must make recommendations based on the client's needs rather than those that pay her the largest commission.
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Templates | English