Investing Links: Broker Page


Brokers


INVESTING Agents

Registered Investment Advisor — As of this writing, brokers do NOT have fiduciary responsibility. This means that they are NOT required to put the customers' interest first. YOU ARE ON YOUR OWN. See Pat Huddleston, The Vigilant Investor: Former SEC Enforcer Reveals How to Fraud-proof your Investments


Brokerage and Financial Services Providers
In order to purchase, hold, and sell listed securities -- such as stocks, bonds, mutual funds, or exchange traded funds (ETF) -- you must have an account with a registered (SIPC.ORG) brokerage firm or trading house such as the ones listed below. Opening an account is possible with a minimum deposit of $0 at many firms.
  • Discount Brokers — Low-cost, DIY online trading — Often with no fee per trade
    [Schwab/TDAmeritrade, Etrade/Morgan-Stanley, now offer commission free stock trades - $0, NOV 2019]
    • [Check out stockbrokers.com to browse, compare, and read news about brokers.]
  • Full Service Brokers — Personal broker/hand-holding — (Wrap) Accounts charged 1-2% of total balance
  • Investment Companies — Create and sell mutual funds and ETFs and offer brokerage services.
  • Automated Investing (ROBO) Services — Automated asset allocation — Accounts charged an average of about .25% of total investment. Charges vary from provider to provider.