A good broker will listen to your concerns and make sure you are comfortable.
As we mentioned, brokers make money by charging a commission on each trade.
"We don't believe that people, who spend a little time or effort, need a broker to make the right decision."
The broker was "making it hellish for us," he said.
The firm's brokers make "cold calls" to potential customers in every state.
Your broker, meanwhile, has made only a commission, ranging from $25 to $150 for the 500 shares.
In the discretionary account at Stephens, my broker made most of the decisions.
Sometimes brokers make several commissions on these relatively complex transactions.
That way, the broker makes a small profit on both sides.
Step 4.: The broker makes a bid to buy 100 shares.