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How much money does a stockbroker earn?
It varies. Success usually depends on skill and effort. Being a Stockbroker, I feel qualified to answer this one. A stockbroker can earn any amount of money that he/she wants to earn. Since it is a Commission-Only business, your annual income will depend upon the following: 1. How much effort you put into your work. 2. How good you are at it. The average stockbroker with a major firm (Merrill, Smith Barney, AG Edwards etc) will earn about $100,000 per year or more. This would be for brokers with 5 or more years of service. There are brokers that earn less and some brokers earn in excess of $500,000 per year.
What is Investing shares throughout the stockbroker?
Every Stockbroker has his/her own personal portfolio of companies that they target to earn you money. You can opt to have your broker look at specific companies and invest in them, or you can invest an amount of money into every holding of a particular portfolio this is investing shares throughout the broker.
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