by 
The Curious Bag
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The role of the stock broker is an ever-evolving one that continues to be affected by changes in technology and changes in the kinds of products offered to the investing public.
Products
Stock brokers offer numerous financial products in a number of different areas, including: common stocks, preferred stocks, bonds, mutual funds, options, futures and interest-bearing accounts, just to name a few.
Advisory
One of the services offered by a broker is advisory services. This is where the investor pays brokers a fee for helping them to balance their portfolio and access to the firm's research.
Intermediary
The broker acts as an intermediary between the individual investor and the trader who will purchase the investment product for them.
Commissions
For buying and selling the different financial products the broker will charge a commission that can be up to 5 percent of the value of the trade under NASD guidelines.
Considerations
Any stock broker that you work with should be registered with the National Association of Securities Dealers; this is the enforcement arm of the U.S. Securities and Exchange Commission.
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