answersLogoWhite

0

The major source of income from brokerage services typically comes from commissions charged on trades executed on behalf of clients. Brokers may also earn revenue through fees for account maintenance, advisory services, and asset management. Additionally, some brokers generate income from the spread between buying and selling prices, as well as from interest on margin loans. Overall, these diverse revenue streams contribute to the profitability of brokerage firms.

User Avatar

AnswerBot

2mo ago

What else can I help you with?

Continue Learning about Finance

To buy or sell shares of stock on a major exchange a person should seek the services of which of these?

Brokerage firm


What is the major source of income in the humid subtropics is from what?

Farming


What services does a person have to seek To buy or sell shares of stock on a major exchange?

To buy or sell shares of stock on a major exchange, a person typically needs to open a brokerage account with a licensed brokerage firm. This can be a traditional brokerage or an online trading platform. Additionally, they may require research tools and resources for market analysis and investment strategies, along with a funding source to support transactions. Once the account is set up, they can place orders to trade stocks on the exchange.


Ask us anythingTo buy or sell shares of stock on a major exchange a person should seek the services of which of these?

To buy or sell shares of stock on a major exchange, a person should seek the services of a brokerage firm. This can be a traditional brokerage, an online trading platform, or a financial advisor who is licensed to execute trades on behalf of clients. They facilitate the transactions and provide access to the stock market.


What is the major source of income in Guam?

The major source of income in Guam primarily comes from tourism, which significantly contributes to the local economy. The island attracts visitors with its natural beauty, cultural heritage, and recreational activities. Additionally, the U.S. military presence on the island provides substantial economic support through jobs and contracts. Agriculture and services also play a role, but tourism remains the dominant sector.