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What is Someone who is licensed to trade securities on behalf of investors called?
Wiki User
∙ 12y ago
Either a broker (Series 6 or 7 license) or an advisor (series 65 license). A broker receives a commission for each purchase and or each sale, and an advisor receives a fee on asset under management.
Wiki User
∙ 12y ago
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Meaning of brokers in trading system?
A broker is a certified, licensed individual who carries out trade orders for investors. He or she buys or sells stocks or other securities on behalf of other investors.
What is A company that uses the money it receives from investors to buy securities from corporations and governments?
A company that uses the money it receives from investors to buy securities from corporations and governments is called an investment company. These companies pool money from multiple investors and use it to purchase a diversified portfolio of stocks, bonds, or other securities on behalf of their investors. Examples of investment companies include mutual funds, exchange-traded funds (ETFs), and closed-end funds.
Can you subpoena on someone elses behalf?
NO!Unless you are an attorney licensed to practice law and has the client permission, or you have a POA (power of attorney)to do such a thing on behalf of a caretaker you cannot sign anything on somebody behalf.
What is underwritting and what are aspect of the risk in underwriting?
Underwriting refers to the process by which investment banks raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt capital). The services of an underwriter are typically used during a public offering.This is a way of a newly issued security, such as stocks or bonds, to investors. A syndicate of banks (the lead managers) underwrites the transaction, which means they have taken on the risk of distributing the securities. Should they not be able to find enough investors, they will have to hold some securities themselves. Underwriters make their income from the price difference (the "underwriting spread") between the price they pay the issuer and what they collect from investors or from broker-dealers who buy portions of the offering.
How does a lifecycle fund help someone?
Lifecycle funds are chosen by professional investors on behalf of someone holding the fund. This can help someone because the charges to hold the fund can be cheaper than for other funds.
What is the role of a stock trading broker?
A stock trading broker's role is to buy and sell stocks and securities on behalf of someone else for a fee. A stock broker must have a professional designation depending on what securities they are selling and what services they provide their client.
What is a behalf?
A behalf is an advantage or favour, to do something on someone else's behalf is to do it in order to someway assist them.
Signing on behalf of someone else?
Many people choose to sign something on behalf of someone else. Typically wives and husbands will sign on behalf of their partner.
Can you vote on behalf of someone?
no
Why do many investors like mutual funds?
Because not many investors know how to track the stock market and choose stocks effectively. That is why they prefer Mutual Funds where an expert fund manager does this on our behalf
What is the main purpose of a broker's position in stock brokerage houses?
A stockbroker buys and sells stock shares and securities on your behalf in exchange for a commission.
What is an advocate in a health care setting?
Someone who speaks on behalf of someone
