In Skilled Level terms and concepts related to Brokerage firms and Investment Advisors are being introduced.
Main things covered are :
- What are Brokerage Firms.
- Difference between Discount Brokerage and Commission based brokerage.
- Concept of Investment Advisors.
- Stockbroker’s general characteristics and how they are different from Investment Advisors.
- Concept of Margin and risks associated with it.