Investing Terms
   401k Plan
   403 Plan
   529 Plan
   12b 1
   Agency Bonds
   Asset Management
   Bear Spread
   Bond Yield
   Bull Spread
   Call Option
   Closed End Fund
   Commodities Broker
   Convertible Bonds
   Covered Call Option
   Current Yield
   Custodial Account
   Debit Spread
   Defined Benefit Plan
   Defined Contribution Plan
   Diagonal Spread
   Fixed Annuity
   Foreign Currency Option
   General Obligation Bond
   Growth Fund
   Hedge Fund
   High Yield Bonds
   Horizontal Spread
   Income Fund
   Independent Broker
   Independent Agent
   Index Fund
   Index Option
   Interest Rate Option
   Life Annuity
   Limited Partnership
   Margin Account
   Married Put
   Money Market Fund
   Mortgage REIT
   Municipal Bond Investing
   Mutual Fund Investment
   No Load Fund
   Nominal Yield
   Online Stockbroker
   Online Commodity Broker
   Stock Warrant
   Option Spread
   Option Straddle
   Online Real Estate Broker
   Stock Option
   P E Ratio
   Penny Stock Investing
   Portfolio Management
   Preferred Stock Investing
   Private Placement
   Put Option
   Put Bonds
   REIT Investment
   Revenue Bond
   Secured Bond
   Short Sell
   Subordinated Debenture
   Tax Deferred Annuity
   Treasury Bill
   Treasury Note
   Treasury Bond
   Treasury STRIP
   Trust Account
   UGMA Account
   Unit Investment Trust
   Variable Annuity
   Yield To Maturity
   Yield To Call
   Zero Coupon Bond

Independent Financial Advisor and Broker

An independent broker is a representative or financial advisor that works for an established brokerage firm, but has an office in a separate location or home office.

These brokers or investment advisors enjoy the freedom to do their business and earn high payouts - without having to start their own FINRA NASD firm from scratch.

This is a very flexible way to work for yourself. Being an independent broker is most appropriate for current producing advisors, with above average commission earnings or other financial professionals like a CPA or a mortgage broker.

Financial Advisor Compensation

Investment advisors normally work on fees covering the totals assets that are managed. This allows the advisor to make recommendations without making compensation on each trade. For the client, they are assured of not getting pushed with transaction ideas that could be perceived as commission based trades.

Advisors are motivated to grow the assets for the customer, which is a benefit for the investor and the independent financial planner.

Broker Compenstation

For people looking to work as independent brokers or stockbrokers, they will work on commissions. An independent stockbroker will be paid by their brokerage firm based on the total commission generated. Since the person is independent, the commission level is much higher than if he was an employee of a brokerage firm.

FINRA is the Financial Industry Regulatory Authority (formerly the NASD). This organization represents broker dealer members - which includes financial advisors, stockbrokers, financial planners and independent brokers.

AIT can help brokers get set up with these firms. To learn more about becoming an independent representative, See Here

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