Ads
related to: requirements to become a stockbroker
Search results
Results From The WOW.Com Content Network
A stockbroker is an individual or company that buys and sells stocks and other investments for a financial market participant in return for a commission, markup, or fee. In most countries they are regulated as a broker or broker-dealer and may need to hold a relevant license and may be a member of a stock exchange .
Some state laws and broker/dealer policies also require the Series 63 examination (known as the Uniform Securities Agent State Law Exam). [ citation needed ] [ 1 ] A registered representative ("RR" or "rep" or "broker") is authorized to sell a large array of securities such as stocks, bonds, options, mutual funds, limited partnership programs ...
In the United States, the Series 7 exam, also known as the General Securities Representative Exam (GSRE), is a test for entry-level registered representatives, that demonstrates competency to buy or sell security products such as corporate securities, municipal securities, options, direct participation programs, investment company products and variable contracts.
How To Become a Broker. In order to become stockbrokers, individuals must pass the General Securities Representative Qualification Examination, also called the Series 7 Exam. They will then be ...
Choose your online broker You’ll need to get set up with a broker to buy stock, but that takes only minutes. The broker lets you purchase and sell stock, holds the shares for you in an account ...
Continue reading → The post How to Become a Financial Advisor in 6 Steps appeared first on SmartAsset Blog. There's more than one way to become a financial advisor, of course, and countless ...