Stockbroker

/ˈstɒkˌbroʊ.kər/

Meaning & Definition

noun

A person or company that buys and sells stocks and other securities on behalf of clients.

After researching several firms, she decided to hire a stockbroker to manage her investment portfolio.

An individual licensed to trade securities on behalf of clients or institutions.

He worked as a stockbroker on Wall Street for over a decade before starting his own investment advisory firm.

A professional who provides financial advice and executes trades for investors.

The stockbroker recommended diversifying her investments to minimize risk.

The term originates from 'stock', referring to capital raised by a business, and 'broker', referring to a person who arranges transactions.

full-service broker

A broker that provides a range of services, including financial advice and investment management.

discount broker

A broker that executes trades at reduced commission rates without offering personalized advice.

online broker

A platform that allows individuals to trade securities directly via the internet.

brokerage

A firm that provides services for buying and selling securities.

investment

The action or process of investing money for profit.

dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits.

Wall Street whiz

He's a Wall Street whiz who knows all the best tips.

money monkey

He's such a money monkey, always looking for the next big stock to jump on.