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Can fees paid to a broker be classified as investment interest expenses?
Wiki User
∙ 9y ago
No. Broker Fees are investment expenses but are not investment interest expenses.
Wiki User
∙ 9y ago
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How much money does a investment broker make?
An investment broker's revenue is derived from to primary sources: The amount of assets he or she is managing for clients & the amount of transactions they broker. Over the past few years the transactional model is leaving & more investment brokers are focusing on growing the amount amount of assets they manage becaus ethis better alignes the clients interest with their own - growing assets. Typically they will earn about 1% revenue on the assets they manage. This percentage may vary depending on what the agreement is with the clients they take on, its a good estimate nonetheless. The top 5% of investment brokers in Canada will manage assets over 100 million dollars. That translates to about $1 million in revenue before expenses. Expenses include the the percentage the investment brokers firm takes because of the basic services they offer the investment broker to operate his or her business: phone, fax, computers systems, assistants on a base salary. Investment brokers must also pay their own advertising to promote their services as well. If the investment broker works for a smaller firm banner, they will will usually let the investment broker walk away with more of his gross revenue than the larger firm because they cannot offer the same level of business services. As an example, in these cases, an investment broker managaing 50-60 million can earn almost asmuch as the investment broker at a mnajor firm who is managing 85-100 million in assets. Mickey learn more at: www.TheWhiskyTrench.com
What is investment carried at cost?
An investment carried at cost is a share or a group of shares of stock that are held by a broker for a person until they are sold. The cost of holding the investment is a fee paid to the broker for services.
What are the requirements to be an investment broker?
The requirements to be an investment broker are having a Bachelor's degree in accounting, business or finance. A strong understanding in economics, mathematics and business is essential.
The Main Character of A Good Year does what for a living?
Investment Broker
Where can I purchase annuities?
These can be purchased through any investment broker. Be sure you understand the investment before purchasing.
What is the meaning of 'buyback' as in 'buyback of shares'?
Is the getting back or recall of an investment fund from an insurance broker or a investment comapny/bank
How does a securities broker dealer differ from a registered investment advisor?
A broker-dealer is allowed by industry regulations to make money on commissions, if acting as a broker, and mark-ups, if acting as a dealer. Registered Investment Advisors are not allowed to charge commissions and to hold inventories of securities; and earn their income from advisory fees. Such fees are commonly calculated based on total value of assents under management. Investment advisors usually have close associations with broker-dealers, which allow them to execute transactions on clients' behalf instantaneously. Very frequently a broker-dealer can be a registered investment advisor and vice versa.
What service is Broker Network offering?
The Broker Network is an independent real estate company. The Broker Network concentrates on buyer representation, relocation, new construction, seller representation and investment.
What is an arbitrager?
An arbitrager is a person who engages in arbitrage, such as a financial broker or investment bank.
How can one become a broker dealer?
Broker dealers are traders in investment and securities. The first step would be to get the federal and state certification so the individual is legally allowed to sell investment items. Then register with the Financial Regulatory Authority. Many websites detail exactly what one has to do to become a broker dealer.
What are investment securities?
Investment Securities are securities that have been purchased specifically as an investment, as opposed to securities that are purchased by a broker-dealer or other financial intermediary for resale or short term speculation.
What is the average salary for an investment broker?
Tha average salary of an investment broker is depending on a lot of factors. The base per annum salary in the U.S. is between $50,000 and $60,000. On top of that there can be bonus payments for reaching trade quotas and revenue goals.
