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FIELDS OF EDUCATION,
CAREER OPTIONS AND PROSPECTUS
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STOCKBROKING
Stockbroking: Overview
A stockbroker invests in the stock market for individuals or corporations.
They also work within financial institutions such as stockbroking and investment
management companies. Stockbrokers can offer three types of service:
- Discretionary – they manage all their clients’ investments
and have permission to buy and sell investments without consulting clients
- Advisory – offer clients various options and advice, which
the client can decide whether or not to take
- Execution Only – do not give advice, and act only on
clients’ instructions to buy and sell.
Stockbrokers work as part of a team alongside investment analysts, who carry
out penetrative research into how companies in the marketplace are performing.
They spend their time in a fast-paced office, usually working from nine to
five. The new broker spends many hours on the phone building up a client base.
In brief, stockbrokers look after their institutional, corporate or private
clients’ investment portfolios. Given the present complex situation of our
capital markets, stock brokers have to face challenging tasks. The specialized
knowledge and professional acumen required has made the job of brokers highly
skillful. The work of stock brokers depends upon the kind operations they
engage themselves into.
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