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What is the role and function of stock broker?
A stockbroker is a person or company who buys and sells stocks on behalf of another person or company. Stockbrokers make a profit by charging a commission off of the purchase and sale of stocks. A...
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Can a broker be both a broker and reinsurance broker?
Are you pertaining to being both a direct insurance and reinsurance broker at the same time? It probably depends on the Insurance Laws in your country. In the Philippines, you can be both a direct...
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What is the role of wholesale mortgage brokers?
They arrange the purchase and sale of mortgages that have already been originally funded. They help bankers find investors for their mortgages, so that the bank will have money to make new loans, for...
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Who is a broker?
A broker is the third person facilitator between a buyer and a seller. An example would be a Real Estate Broker who facilitates the sale or purchase of a property. A broker may also act on behalf of...
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What is the role of a loan broker?
He may represent either party, and he does not take possession of goods or property or deal on his own account. The broker receives a fee or commission from one or both of the parties that is usually...