Barclays stockbroker research

Barclays stockbroker research

Author: Sssonya Date of post: 28.06.2017

It was comedian Woody Allen who said a stockbroker was "someone who invested your money for you until it was all gone". Clearly, the stockbroker Allen had in mind must be avoided. One should even hope he or she has already gone out of business.

Such cynicism about the stockbroking fraternity must be rife among investors who have seen their wealth eroded by the financial maelstrom of the past 18 months. It may explain - at least in part - why there has been a rapid growth in online investing through an execution-only type of broker.

Not everyone takes that view, of course.

Investment research tools - Barclays Stockbrokers

The London Stock Exchange LSE supplies a comprehensive list of brokers on its website. It divides them neatly into four types. A fourth category provides direct market access, enabling very active investors to deal directly with other market participants.

Of course, in the real world this neat pigeon-holing does not really apply. Many brokers now cover the waterfront, offering all four services under one roof. The Association of Private Client Investment Managers and Stockbrokers Apcimswhich represents more than firms, offers a useful Find a Firm filtering service on its website.

You tick boxes to indicate what sort of an investor you are and it produces a refined list of broking firms for you to choose from.

Stock Market Video - Stockbrokers TV - Barclays Stockbrokers

It is part and parcel of the internet age with younger investors, who are as willing to adopt this approach to investing as they are to download music or to buy and sell a car or a bike on eBay.

And while online trading is theoretically advice-free stockbroking, the internet itself is a rich source of information and advice.

Barclays Stockbrokers - How do I access the research centre?

An online broker such as the Share Centre, for instance, has share tips and funds advice and a certain amount of research material to provide the investor with back-up when going it alone. David Bennett, chief executive officer of Apcims, says: According to a survey by ComPeer, the securities industry analysts group, some 3.

barclays stockbroker research

If the younger generation have warmed to internet trading, older investors are more cautious. But even they can be attracted by this low-cost method of investing. The climate may be hotly competitive but comparing charges can be something of a minefield. Different charges are levied, in many cases depending on how large the trade is and how frequently you trade.

There may be administration fees or management barclays stockbroker research on top. However, other firms only offer a frequent trader rate if forex trading sistema trade much more frequently than is the case at TD Waterhouse.

Waterhouse claims its particular appeal is its ready access to the shares of 16 overseas markets for exactly the same trading charges as for UK shares. Interactive Investor appears to offer the most straightforward tariff. Dealing solely with the minutiae of costs of dealing brings the danger of missing the point of having a stockbroker in the first place. In any case, achieving the cheapest deal and an efficient settlement process may prove equally understanding charts stock market. Justin Urquhart Stewart worked for Barclays Stockbrokers for 20 years before he set up Seven Investment Management with Tom Sheriden in He reminds us what stockbrokers are really for.

He complains that nobody ever answers this key question. At Hargreaves Lansdown - although it is an execution-only broker - there are also financial barclays stockbroker research to help clients decide what sort of investor they want to be and what their investment priorities are. Marketing manager Duncan Jeffrey says: Fees are charged annually on a sliding scale for this service: His investment colleague Keith Bowman explains: We think that is a good basis for many of our clients to build an investment portfolio.

barclays stockbroker research

Urquhart Stewart suspects that the traditional stockbroker is often not the best place to go to build long-term wealth. The first thing you do is the asset allocation and the last thing you do is to pick the stock or fund. He argues it is time the stockbroking fraternity moved away from just recommending stocks: Of course, a number of broking firms have moved in this direction already. Private investors might be forgiven for thinking that they could get lost within such a large organisation and might not receive the kind of personal service they are looking for.

But even Brewin has a network of about 40 branches nationwide, providing clients with a more how to be a stockbroker in the uk approach. Certainly, if you are seeking a stockbroker to build wealth over the long term then you probably need to be sure that there is some real continuity in the advice you are receiving. Hannah Edwards argues that an independent firm such as Killik, which is not part of some big banking conglomerate, is "permanently client-focused because we all have a vested interest in the business".

The result has been, she claims, a very high client retention rate. But do these sizeable independent firms welcome the genuinely small 'wet-behind-the-ears' investor? Killik, for one, has never imposed a minimum portfolio investment requirement. At Seven Investment Management, Urquhart Stewart has been anxious to get away from the notion of stockbrokers' treatment of their clients "depending on how much commission they could earn out of them".

He believes the same investment discipline should apply to someone who has a thousand pounds as to someone who has a quarter of a million pounds. The rapid growth of online trading suggests many people are confident that they can manage their own money without the help of so-called experts - or at least, that they do not consider that the professional advisory services justify the additional costs.

But the fear is that they lack a coherent long-term wealth-building plan that the bespoke personal service offered by advisory brokers could provide. This article was originally published in Money Observer - Moneywise's sister publication - in September Moneywise distributes services supplied by Interactive Investor. Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised and regulated by the Financial Conduct Authority.

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