Broker An individual or firm that charges a fee or commission for executing buy and sell orders submitted by an investor.
Types of Brokers THE Full Service Broker: This broker is the most costly. They do research and give recommendations on which stocks you should invest in THE Discount Broker: This broker is discounted by giving you a list of stocks they recommend, but you are to do your own research on these stocks. THE On line Broker: This broker, the newest type of broker, is run on line. They give you research to do, charts to look over, and news on investments to help you in completing your own research.
Financial Advisor An individual or firm who, for compensation, engages in the business of advising others, either directly or through publications or writings, as to the value of securities or as to the advisability of investing in, purchasing, or selling securities
Similar roles of the stock broker Roles similar to that of a stockbroker include investment advisor, and financial advisor. A stockbroker may or may not be also an investment advisor, and vice versa.