Broker: Definition and additional resources from BNET
On TechRepublic: 19 words you don't want in your resume

BNET Business Dictionary

Business Definition for: Broker

  • to act as an agent in arranging a deal, sale, or contract

Wiktionary Definition for: Broker

  • a mediator between a buyer and seller

Additional Resources

Contract With Stock Broker
Unless you are a stock broker yourself, you might need to hire a broker to handle your investments for you. Brokers are the people who work for brokerage houses and can buy and sell stock on the stock exchange. A lost of people wonder if they really need a broker....
Tags: Investment, stock broker, stock exchange, stock
Tools & templates 2007-12-01
Using a Broker to Sell Your Property Things You Should Know
A real estate broker can be especially helpful when trying to sell a problem property. He may know investors willing to take a hard look at your offer, where the average home buyer will not. Consider the cost of using a broker versus holding a property for six to nine...
Tags: Sales force management, sales people, real estate, commission, agent, agreement, sales
White papers 2003-01-01
SEC Issues Guidance on the Recording of Expenses and Liabilities by Broker-Dealers
It is common practice for a U.S. registered broker-dealer to enter into an expense-sharing agreement with its parent company or affiliate whereby the parent company or affiliate provides the broker-dealer with certain securities trading services and related administrative functions, as well as certain space, facilities, equipment and other services in...
Tags: agreement, financial, performance, security
White papers 2003-12-11
Why Should You Use an Insurance Broker?
Using an insurance broker can help tremendously if your business lacks benefiting personnel or you have limited resources for health benefits administration. A local broker knows the insurance carriers in your area and can help you find the best plan for your business.
Tags: Financial Planning, AllBusiness.com, insurance, health care
White papers 2003-01-01
Ten Things to Look for in an Insurance Broker
This paper uses the letterman model and briefly reviews the top ten reasons to do business with an insurance broker. Unlike letterman the paper begins with the number one single most important quality that looks for in a broker, specifically the account manager and that is a through knowledge of...
Tags: Financial Planning, insurance, knowledge
White papers
Know Thy Broker
By choosing the right customs broker and taking advantage of new Mexican laws, shippers may be able to save time and money on shipments south of the border. The article shows four examples and deduces that the key to reducing costs and minimizing the amount of time it takes to...
Tags: Reed Elsevier Inc., U.S.
White papers 2000-02-01
T+1 Streetside Fixed Income Matching Working Group White Paper
The SIA and The Bond Market Association BMA have jointly developed this white paper, which, focuses exclusively on fixed income broker-to-broker trading. The working group has identified the requirements for trade-date comparison of broker-to-broker trades in anticipation of shortened settlement cycles. Netting and settlement issues specific to fixed income street-side...
Tags: Investment, Financial services, Securities Industry Association, fixed income
White papers 2001-06-29
Contract Employing Real Estate Broker For Lease Of Property
For most of the people leasing their property is the best possible way to earn money. An Investment Real estate broker is people who assist you to find and secure the house which you always wanted. So having a real estate broker means that you have time to work and...
Tags: lease, real estate, leasing
Tools & templates 2007-12-01
The Spitzer Effect on Business Insurance
Even though abuses surrounding contingent commissions are being resolved, risk managers are scrutinizing information from their broker about coverage and costs. The article presents some guidelines to deal with changes in the insurance industry which involves: asking broker for in-depth information about the policy coverage and costs that each underwriter...
Tags: Financial Planning, Penton Media Inc., underwriter, Risk Manager, insurance, benchmarking, commission, negotiation, pricing strategy
White papers 2005-04-01
Who Are The Investment Fiduciaries For A 401(k) PlanPart V
A person is entitled to be a fiduciary if the person exercises discretionary authority or control over the administration or management of the Employee Retirement Income Security Act ERISA governed plan. However, a broker need not necessarily be a fiduciary. It is only if the court determines that a securities...
Tags: Benefits, payroll solutions, Regulations, Aspen Technology Inc., fiduciary, ERISA, 401(k) plan
White papers 2001-09-01
Which Online Broker Is Best For You?
How do you choose an online broker? The answer comes down to your priorities and what type of investor you are. 11 online brokers were examined, including the major players as well as several small shops. Answer these seven questions to figure out which one is best for you.
Tags: online broker
Tools & templates 2008-01-01
Class B Mutual Fund Shares: Do They Make the Grade?
Buying mutual funds through a broker or other investment professional usually means choosing among different mutual fund classes. The only differences among these classes is how much you will pay in expenses and how much your broker will be paid for selling you the fund. A single mutual fund, with...
Tags: Mutual funds, Retirement plans, Investment, NASD, mutual fund
White papers 2003-06-25
Difficult to Show Properties and Utility Maximizing Brokers
The article is about the broker of real estate and explains about these brokers have long believed that difficult to show properties sell at lower prices and take longer to sell. Where difficult to show properties are defined as those properties that present extraordinary difficulties for a broker in arranging...
Tags: Marketing research, Cal State Fullerton College of Business and Economics, real estate, modeling, pricing strategy, marketing
White papers 2002-01-01
Invest Wisely
If you are making an investment through a broker, you must decide which brokerage firm also referred to as a broker/dealer and sales representative also referred to as a stockbroker, account executive, or registered representative to use to make your investment. This article guides us to the points which one...
Tags: NASD, investment, sales
White papers 2003-04-24
Hedge Fund Structures - How a Unit Trust Implicates Broker Dealer Status
The paper signifies that most hedge funds and their general partners and principals rely on Rule 3a4-1 to avoid registration as a broker dealer. An "associated person" of an issuer is not required to register as a broker dealer to engage in an offer and sale of the issuer's securities...
Tags: Investment, Financial services, hedge fund, partnership, security
White papers 2005-04-05
Independent and Objective Insurance Brokerage Services Review
How can you validate that you are getting the insurance brokerage services you expect? KPMG can assist you in answering this question through the an insurance brokerage service review. You rely on your broker to represent you in the marketplace. You trust your broker with confidential information. You remit premium...
Tags: KPMG Consulting Inc., insurance, payment, agreement
White papers 2003-01-01
Busting The Brokers
From the executive summary: ‘Insurance has long been a chummy game. Deals may not have been cemented on golf courses as often as they were hammered out across a table, but no one ever argued that insurance was not a relationship company. Indeed, it is a measure of just how...
Tags: Financial Planning, CFO Publishing Corp., insurance, game, performance
White papers 2004-12-01
Yacht Broker
The Yacht Broker job description template includes the following job summary: To manage brokerage division that sells and charters new and used powerboats and sailboats of all sizes, ranging from dinghies to large yachts. Additional information available includes essential job functions, additional responsibilities, and education and experience requirements.
Tags: Recruitment & Selection, job
Tools & templates 2007-09-09
Understanding Broker Compensation
This paper discusses about the understanding of Broker Compensation. It also reveals that insurance brokers are independent business people who buy insurance on behalf of their clients. They are the insurance consumers' advocates, championing the need to offer a choice of insurance products and services that are affordable, available, and...
Tags: Financial Planning, insurance, compensation
White papers 2004-10-28
Sample Stock Broker Resume
This is the sample resume for applying for the post of stock broker. This template will provide you the relevant idea for preparing a sample stock broker's resume.
Tags: Investment, stock broker, stock
Tools & templates 2008-01-01
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