What are brokerage firms?

Brokerage companies are the financial institutions which manage assets. These can be like full service, discount brokers etc. Stockbrokers are hired by companies to reflect investors who transact in public stocks. A complete-service brokerage firm is monitoring markets to make decisions for its clients, as well as equities and bonds trades.

A broker probably got paid on commission to support clients' purchase instruments such as stocks, bonds and mutual funds. One can require a broker to liquidate stocks, bonds and mutual funds. Brokers make monetary by charging commissions on each deal as well as collecting shareholder fees.