answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Direct stock plans are only offered by brokerage firms.?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What are some benefits of direct stock purchase plans?

There are many benefits of direct stock purchase plans. Benefits of direct stock purchase plans include passive investing, dividend reinvestment, and no brokerage commissions.


Can you hold private company stock in a 401K plan?

Probably not. Generally a 401k plan will dictate what investments are available to plan participants. The reason for this is the employer has some fiduciary responsibility to the plan participants. Some 401k plans have a brokerage window where you can move some of your contributions to the brokerage. Here you can invest in any investment offered by the brokerage. Note that the added fees for trading through the brokerage will be paid by your 401k account.


How do you invest in mutual funds?

The answer depends on the type of mutual fund. Exchange Traded Funds (ETFs) are closed-end funds that trade like stocks on one of the stock exchanges. You purchase shares in these funds through a brokerage account, just as you would for any other stock. Open-end funds are available from the fund's distributor, and in many cases through other agents such as brokerage firms, investment advisors, retirement plans, etc. You simply call up the distributor or agent and ask for a prospectus (which you must receive before making any investment) and the necessary forms to open a new account. After filling out the forms and sending in a check for the initial investment, you are done.


What services does the TD bank offer?

TD Bank can offer you great customized financial assistance along with brokerage services,investments,banking,retirement plans, Captive insurance services. These are just some of the services that TD bank can offer you


What percentage of individual Americans invest in stocks and shares?

How many DIRECTLY invest in the stock market? About 10-15% of Americans have brokerage accounts and have invested money. Indirectly? Over half of all employees have invested at least a little bit of money in retirement savings plans such as IRAs, 401K plans, mutual funds and other pension funds.

Related questions

What are some benefits of direct stock purchase plans?

There are many benefits of direct stock purchase plans. Benefits of direct stock purchase plans include passive investing, dividend reinvestment, and no brokerage commissions.


Can you hold private company stock in a 401K plan?

Probably not. Generally a 401k plan will dictate what investments are available to plan participants. The reason for this is the employer has some fiduciary responsibility to the plan participants. Some 401k plans have a brokerage window where you can move some of your contributions to the brokerage. Here you can invest in any investment offered by the brokerage. Note that the added fees for trading through the brokerage will be paid by your 401k account.


What services are offered on the UK DialaPhone website?

Services that are offered on the UK DialaPhone website include phone plans and selling cellular devices. For phone plans, they offer their customers upgrade plans or pay as you go plans.


What wireless services are offered by Sprint?

Some of the services offered by Sprint include the following: messaging, connected tablets, entertainment, exclusive applications, and Sprint Direct Connect.


Do they have cell phone plans at Walmart?

They have cell phone plans at Walmart which are very competitive with the cell phone plans offered by all the major companies which sell these phones. Check to see what features are offered on the plans to be sure you are getting the one that is suitable for you.


Where can one go to get a cellphone plan for seniors?

There are some plans for seniors and the are offered by a few carriers. Some plans are offered by AT&T, Jitterbug, and Verizon, and the plans range from about $10-$40, depending on the calling features.


What mobile data plans are being offered for the 3G Vita in the US?

AT & T plans only


What are some current cell phone plans offered by Fido?

There are many cell phone plans that are currently offered by Fido. As of right now, Fido offers two plans; the family plan and the invalid plans. Pick a plan that best suits one's needs.


What are the different plans offered by anthem health insurance?

Anthem offers many different types of plans


Does DirecTV offer more channel plans than Dish Network?

Yes. Direct TV is the best satellite provider in terms of channels offered. It has everything from sports, to family programming, to music entertainment.


What degree plans are offered at Harvard university?

Degrees offered:Bachelor'sMaster'sDoctoral


What are the plans offered by Indian market to use gps?

use it