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To better understand brokers' motivations, examine their registration and compensation.
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The costume collection, which was assembled during the heyday of the BFI's now defunct Museum of the Moving Image, was one of the largest in the world, and the deal was, I understand, brokered by Deborah Landis, costume designer on Raiders of the Lost Ark, wife of director John Landis and curator of the V&A's fabulous new Hollywood Costume exhibition.
"These are like touchstones they can recognize and understand," the broker said.
There is no evidence that the power brokers understand the fundamental transition ahead.
Good brokers understand this and prepare their clients for the process, offering steadying advice as the deal unfolds.
"You've got to understand, companies, not brokers, are the 'house' in the stock market.
"From what I understand from my broker, the board of the Willow Fund approved this more risky pattern".
Do understand that your broker is not in business for entertainment and is entitled to a markup or markdown.
But if you are considering going it alone or just want to understand what your broker is trying to sell you, here are a few good places to start.
These insiders understand something your broker doesn't.
Business education: Although only a high-school diploma is required, college-level instruction in business classes can be very useful to new brokers and may lead to higher pay.[4] Successful brokers must understand the tax and legal aspects of the products they sell and how those products fit into a client's overall financial situation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com