A stockbroker is an individual or firm that charges a fee or commission for executing buy and sell orders submitted by an investor.

Stockbroker Job Responsibilities

  • Research and recommend stocks and other securities for clients to buy or sell
  • Buy and sell stocks and other securities on behalf of clients
  • Monitor stock portfolios and keep clients up to date on changes
  • Provide financial planning advice to clients

Objectives

  • To provide analysis and recommendations of stocks, bonds, and other securities to clients in order to grow their portfolios.
  • To buy and sell stocks, bonds, and other securities on behalf of clients in order to execute their investment strategies.
  • To monitor the performance of investments and keep clients apprised of changes in the market that may impact their portfolios.
  • To provide advice and guidance to clients on all aspects of investing, including risk management and asset allocation.
  • To stay abreast of developments in the financial markets and keep up with changes in economic indicators that can impact investments.

Stockbroker Job Skills & Qualifications Needed

  • A stockbroker is a professional who buys and sells stocks and other securities on behalf of their clients. To be a stockbroker, you will need to have a bachelor's degree in business, economics, or finance. You will also need to pass the Series 7 exam, which is administered by the Financial Industry Regulatory Authority (FINRA).