What is the best brokerage firm?

Answer On One Hand: Strength Across The BoardSmartMoney's 2009 broker survey ranked E*Trade as the best brokerage for the third straight year in a row. E*Trade received five stars for excellence in four c... Read More »

Top Q&A For: What is the best brokerage firm

Purpose of a Brokerage Firm?

A broker acts as a middleman in a financial transaction, between a buyer and seller of securities, such as stocks and bonds. A brokerage firm consists of a number of brokers, working together in th... Read More »

How to Open a Stock Brokerage Firm?

A stock brokerage firm can be either institutional or retail, although some on Wall Street, like Merrill Lynch and Morgan Stanley, serve clients in both capacities. Institutional brokerage firms ha... Read More »

What is a brokerage fee?

Brokerage fees are charged by agents for services related to a transaction, according to Investopedia. Stock brokers, for example, charge a fee for each trade, but they can also demand a fee for co... Read More »

Is an ira brokerage fee tax deductible?

IRA account brokerage fees are deductible if the fees are billed and paid separately. The fees are not deductible if the fees are deducted from the IRA account. The fees must be itemized on a sched... Read More »