One of the benefits of being an auto dealer is that licensed car dealers have several options as to how they will run their business. This means there are opportunities for those who want a dealership with new or used cars, or a combination of the two. Auto dealers may also choose to r...
Broker-dealer:Broker-dealers are companies that buy and sell investments. This is important work, but it can become problematic if you’re seeking investment advice. A broker's goal is often to sell investments rather than assessing your overall financial needs and finding the best investment for...
Charles Schwab Futures and Forex LLC is a CFTC-registered Futures Commission Merchant and NFA Forex Dealer Member. The S&P 500 is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by Charles Schwab & Co., Inc. Standard & Poor’s® and...
Over the years, I havespoken to thousands of buyers and sellersof online businesses. Some have only ever bought or sold privately, others have only ever bought or sold through a third party such as a broker. It is also not uncommon for clients of FE International to attempt to sell themse...
Of course, SIPC insurance only comes into play under circumstances in which the SIPC must intervene. This happens when it receives a referral from regulatory agencies such as the Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Agency (FINRA). If a broker-dealer fails...
Learn how to assess dividend stocks and understand reasons to choose or avoid certain ones. No matter what your stage of life, dividend stocks can be a valuable way to supplement your income and improve your portfolio growth potential. For example, investors who are many years from ...
I was going to be a junior broker. I didn’t have the same ring as a“corporate executive”or an“investment banker,”but I was still excited about the prospects of what could come. Most everything in life I’d ever tried out or even attempted, I had always succeeded, so naturally,...
an auto dealership selling either new or used cars. Brokers remove the need for consumers to negotiate with car salesmen. Customers give the auto broker the list of car options and the price point. Becoming an auto broker requires getting licensed in the state where you plan on brokering cars...
Once the underwriting process is completed and the securities are issued, the broker-dealers then become distributors, and their clients are typically the target of their distribution efforts. In that effort, the financial advisors of the firms then act as brokers to solicit their clients and recom...
What Is a Non-Carrying Broker-Dealer? A non-carrying broker-dealer is a broker-dealer that does not have any custody of its customer assets to file a new exemption report that will be reviewed by its independent public accountant. In contrast, a carrying broker-dealer does have custody and ...