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How Much Commission Do Stock Brokers Make?

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Many investors want to know how much commission stock brokers make? This question has more to do with the brokerage firm and how they run their business. Many brokerage firms categorize their brokers into levels of production. They also classify their clients based on assets.

Published in: Economy & Finance, Business
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How Much Commission Do Stock Brokers Make?

  1. 1. Mullooly Asset Management Podcast July 31, 2013 Mullooly Asset Management July 2013
  2. 2. The Least You Should Know Brokers are employees of brokerage firms When you pay a commission, broker splits with firm Mullooly Asset Management July 2013
  3. 3. Typical Big Firm Breakdown Highest producers get 60-40 split on commissions Most producers receive low-to-mid 30% Lower producers paid under 30% of commission Mullooly Asset Management July 2013
  4. 4. Clients are Classified Brokers receive 0% payout when clients have less than $250,000 invested What is their incentive/motivation? Mullooly Asset Management July 2013
  5. 5. Smaller Investors Often directed to “call centers” until they have the minimum requirement invested Some investment advisory firms also have minimums Mullooly Asset Management July 2013
  6. 6. None of the securities mentioned in this (or any) podcast or video represent past specific recommendations of Mullooly Asset Management. This video is NOT a recommendation to buy or sell any of the securities mentioned here. If you’re relying on a podcast for investment advice, you are likely making a huge mistake. We strongly urge our listeners to consult with their investment advisor before they make a decision to buy or sell any investment. Mullooly Asset Management July 2013
  7. 7. Mullooly Asset Management, LLC support (at) mullooly (dot) net 732-223-9000 www.mullooly.net Mullooly Asset Management July 2013

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