Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
A broker is an individual that works as the intermediary between buyers and sellers in the stock market or in real estate. Brokers earn a fee for their work. The broker fee (also known as a brokerage ...
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about ...
The retail brokerage business in the U.S. has become a game about scale: It’s dominated by a handful of large firms that have devoted themselves to delivering services cheaply. Zero-commission trades ...
Every brokerage firm is courting wealthy clients, and many of them say that serving the wealthy is what they do best. So just how are these firms doing? A new study based on high-net-worth customer ...
Your bank account balances are insured by the FDIC. Assets in your brokerage are also protected, but by a different entity — the nonprofit Securities Investor Protection Corporation, or SIPC. In the ...