The broker acts as an intermediary between the parties, facilitating various business transactions such as real estate deals. Performs purchases according to the customer's request. He works with a variety of clients, from individuals to large corporations. It is commonly employed by investment firms, consulting firms and banks.
What Does a Broker Do, What Are Its Duties?
- Managing the relations between the seller and the buyer,
- To initiate trading transactions on behalf of the client,
- Managing client investment portfolio,
- To determine the purchasing power and risk tolerance level of the customer,
- Informing the customer about the current scenario and expectations in the stock market,
- Providing consultancy services to the customer on stock and bond trading,
- Analyzing the performance of trading markets and acquisitions,
- Keeping up to date with the latest financial developments in order to understand the movements in the market and the drivers of change,
- Adhering to customer privacy
How to Become a Broker
- Having the ability to analyze
- be able to reason logically,
- Demonstrate research and reporting skills,
- Ability to make effective decisions under intense stress
- Ability to work with detail
Broker Salaries 2022
The lowest Broker salary received in 2022 was determined as 5.400 TL, the average Broker salary was 10.800 TL, and the highest Broker salary was 23.000 TL.
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