Two Major Stock Broker Jobs

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Two Major Stock Broker Jobs
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A stock broker is a regulated professional person
who usually works with a broker-dealer or
brokerage firm. Buying and selling securities
such as stocks for institutional and retail
clients is what stock broker jobs entail most of
their working day. They sell the stocks and
other securities over the counter or through a
stock exchange and in return they receive a
commission or fee.
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When looking at stock market jobs there are two
major jobs that you can consider. You could work
as a full-service broker or a discount broker.
When working as a full-service stock broker you
will not only facilitate trades on behalf of the
investors but also provide investment advice on
opportunities.
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They do this for a fee. A discount-broker is more
focused on the service of facilitating the orders
as they are placed my small and large investors
without giving any additional advice. The key
difference between the two major jobs include the
level of support that they provide to clients
along with the fees that brokerage firms generate
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You can find both of these stock market jobs when
you work at a discount brokerage house. If not
there then you can find these jobs at brokerage
houses and financial institutions like investment
banks that have a brokerage division. You can
also find employment at any employer that
influences a stock broker job. If you speak more
than one language, you may have a bilingual stock
broker job.
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These stock market jobs can be found at large
financial institutions where the revenues are
generated from business lines like brokerage
lines. The professionals who work as a
full-service stock broker have a hands-on
approach with their clients. This means that
they will provide advice that will help their
investors reach their desired financial goals
based on their investment decisions. They also
perform, on behalf of their clients, buy-and-sell
orders. The brokerage fees are most often based
on volume. Being a full-service broker could earn
commissions that are worth a percentage of each
trade they make.
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These stock market jobs can be found at any
online brokerage firms. They are professionals
stock broker recruiter who will usually not offer
as many services when you compare them with the
services that a full-service stock broker will.
When they perform trades for their clients, they
often do it for a lower cost.
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Some discount brokers also meet with their
clients in various locations even though much of
all their investment activity is done online.
Some will even provide service over the
telephone. Usually they receive a salary and may
not be commission based.
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