Brokerage firms must send out 1099s to clients by January 31st of each year.
In order to open a brokerage account in your own name you must show proof that you are of legal age, usually 18 years old or in some states 21 years old.
The concept of discount brokerage firms started as a way to reduce the commission rate by eliminating investment counseling, recommendations and other financial strategy services offered by full service firms. The discount broker is simply a facilitator. If you expect to receive any kind of advice or investment guidance, you must expect to pay for it and need to see a full service broker. That being said, the growth and success of discount brokerages has created tremendous competition and these firms are adding back a lot of services. You will find a lot more info and advice on the brokerage web sites in the form of reports on stocks, market trends and other factors relevant to your investment decisions. It's not the one on one kind of advice of the old days but you can get a little more guidance than you might expect from a low, flat trade rate!
Stock brokers must have excellent networking skills, so as they can connect with their clients. Fundamental math skills are also necessary to offer financial advice. Finally, stock brokers must understand their clients goals and how to help realize them.
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.
When firms are caught in conflicts between their home country and host country laws, they must abide by the country in which they are currently in. Morally however, they may to wish to abide by their home country laws.
A firm that conducts transactions on the behalf of the client. Brokerage firms derive their profit from commissions. Most brokerage firms must be registered with the SEC.
You must be past the age of a minor in your state.
Professional service firms rely heavily on not only the skills of their employees, but the relationships that the clients form with those employees. The employees will gain knowledge about the clients business needs and history that are important to serve the client. Losing an employee in a professional service firm often results in losing that client, also. Therefore it is more important to retain that employee as compared to, say, an assembly line worker.
You must fill out form 501 to submit with your 1099s. It should have an address on the form. If you need more help call the Oklahoma Tax Commission at (800) 522-8165. You must fill out form 501 to submit with your 1099s. It should have an address on the form. If you need more help call the Oklahoma Tax Commission at (800) 522-8165.
because firms have access to limited resources of land, labor, and capital
The investment/brokerage company located in the Farmers Bank has it, but you must be a client with them.
In order to open a brokerage account in your own name you must show proof that you are of legal age, usually 18 years old or in some states 21 years old.
Firms in oligopoly can set prices to a degree but must consider other firms' decisions.
A lack of resources to expand is usually the answer. Small firms must keep their prices small to compete with the bigger firms and in that price it does not include the money needed for expantion.
Private equity firms must follow state and federal regulations. New York State is especially strict on these firms in light of recent fraudulent activity.
Per IRS regs found at http://www.irs.gov/efile/article/0,,id=98114,00.html 1099s must be mailed to the recepient no later than January 31.
First, you must seek out the firms in which you would like to test out treatment. Then, you must contact the firm and request a tour from the appropriate person.