A broker-dealer is an entity that engages in the trading of securities, and can act as both an agent and a principal.
Brokerages, investment banks, commercial banks, and other financial institutions can act as a broker-dealer. Broker-dealers are important to the liquidity of the markets, since they hold inventories of securities for various amounts of time to help facilitate trading, short-selling, and margin accounts.
Investment advisors and registered representatives must be affiliated with a broker-dealer firm to be approved for securities business by the industry regulatory authority FINRA. An individual advisor with a large book of business can act as his or her own broker-dealer with the help of a custodian entity.
An increasing number of Registered Investment Advisors are choosing this path for the independence and lack of restrictions it provides.
Is there a Benefit to Self-Managing?
What is a Certified Financial Planner?
401(k) account balances can be taken to the next place of employment, rolled into IRAs, or cashed out
It’s not likely that a cash-balance plan will allow for early withdrawals. Generally speaking, you can’t withdraw money
The LIBOR is the benchmark interest rate that the world’s leading banks pay each other for short-term loans
No-Cost Mortgages waive the initial closing costs by making a repayment structure for those costs into the interest rates
Similar to other cryptocurrencies, litecoin can be purchased through major cryptocurrency exchanges and wallet apps
Enterprise Value is the total cost to acquire a company. Enterprise value and its ratios can be used to compare companies
Liar loans are a term that refers to loans or mortgages that were granted with little or no request for documentation
The worst day for the markets, in terms of the largest single-day point loss by the Dow Jones, was September 29th, 2008
Successful asset allocation will cater to the risk tolerance and goals based on past performances while seeking gains
The Hindenburg Omen is technical indicator meant to predict bear markets, sell-offs, and declines