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What Is Broker Price Opinion (BPO)? A broker price opinion (BPO) is the estimated value of a property as determined by a real estate broker or other qualified individual or firm. A broker price opinion is based on the characteristics of the property being considered. A BPO is not representative of an official appraised value
What Is a Brokerage Window? A brokerage window is an option offered in a 401(k) plan that gives the investor the capability to buy and sell investment securities on their own through a brokerage platform. It may also be known as a “self-directed option” or a “self-directed brokerage option.” Key Takeaways In 401(k) retirement plans
What Is a Brokerage Firm? A brokerage firm or brokerage company is a middleman who connects buyers and sellers to complete a transaction for stock shares, bonds, options, and other financial instruments. Brokers are compensated in commissions or fees that are charged once the transaction has been completed. Most discount brokerages now offer their customers
What Is a Brokerage Fee? A brokerage fee is a fee or commission a broker charges to execute transactions or provide specialized services on behalf of clients. Brokers charge brokerage fees for services such as purchases, sales, consultations, negotiations, and delivery. There are many instances of brokerage fees charged in various industries such as financial
What Is a Brokerage Supervisor? Brokerage supervisors are financial professionals who oversee one or more brokers. They are employed by businesses that rely on various types of brokers, such as stock brokerage companies, mortgage brokers, or real estate agencies. Key Takeaways Brokerage supervisors oversee a team of brokers. They are found in financial services firms
What Is a Broker-Dealer? A broker-dealer (B-D) is a person or firm in the business of buying and selling securities for its own account or on behalf of its customers. The term broker-dealer is used in U.S. securities regulation parlance to describe stock brokerages because most of them act as both agents and principals. A
What Is a Brokered Certificate of Deposit (CD)? A brokered certificate of deposit (CD) is a CD that an investor purchases through a brokerage firm or from a sales representative other than a bank. Although the bank still initiates the CD, it outsources selling it to firms offering incentives to attract new investors. The broker
What Is a Brokered Deposit? A brokered deposit is a deposit made to a bank by a third-party deposit broker. A brokered deposit is a type of investment that attracts individual investors because the deposits typically offer higher interest rates. The brokered deposits are usually large-denomination and are often sold by a bank to a
Fresh broccoli will have a delicate flavor and texture. The peak season for broccoli is early fall through early spring. Cool-weather sweetens the taste of broccoli so for the best flavor fresh broccoli should come to the table before the weather warms. How to Choose Broccoli Select broccoli with tightly closed, compact bud clusters and
