An individual or firm who acts as an intermediary between a buyer and seller. A broker usually charges a commission for services.
A broker also may be a person who sells insurance products offered by different companies or someone who sells real estate.
An individual or a firm that brings together buyers and sellers but does not take a position in the asset to be exchanged.
Some observers believe a broker provides an unbiased opinion on a security since there is little self-interest involved in the transaction.
In addition, he or she should not be transaction oriented but should instead be concerned about your values and goals and be willing to realize that the best trade may be no trade.
In summary, you should look for a financial advisor rather than just a “introducing broker dealer definition.”
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