What is a Stock Broker’s Annual Salary?


Posted October 10th, 2010 by admin 4 Comments »
business broker
Austin asked:


I have looked up Stock broker’s salaries and they differenciate a lot. So i was wondering what the acerage salary would be across the United States. Of course, people on wallstreet make a lot more than probably a business in Kansas.

So, How much would a stock broker recieve annually if he were on wallstreet
and How much would a stock broker recieve annually if he were in a regular business somewhere else?

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Posted in Investing | 4 Comments »

What does your local broker actually do?


Posted January 18th, 2010 by admin 1 Comment »
broker
USAF Dude asked:


Say you order 500 shares of company X, and then what exact tasks does your broker do to complete your order?

I am guessing he

1. Accepts your order/payment
2. Calls his buddy in wallstreet telling him to buy 500 shares of company x.
3. Broker notifies you of the purchase.

More specific the better.
I was thinking of becoming a stock broker, I just wanted to know how the process works.

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Posted in Investing | 1 Comment »