by darnardo1 » Mon May 18, 2009 04:33 am
Are Broker-Dealers and Stockbrokers the same thing?
A broker-dealer is a company or other organization that trades securities for its own account or on behalf of its customers.
A broker-dealer is a company or other organization that trades securities for its own account or on behalf of its customers.
Posted: Sat Jun 06, 2009 03:05 am Post Subject:
Denardo, your question appears to be in the wrong thread.
Brokers receive recurring commissions when the product that is sold pays a recurring commission. Some do. Some don't.
Some brokers receive an override. Some don't. The more successful the broker, the more likely they are to receive an override.
Posted: Mon Jun 08, 2009 12:40 am Post Subject:
All this "some do some don't" that I am hearing makes it difficult to make charts and clearly outline the differences between the channels >.<
Thanks for your help Insurance Expert
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