Advisory Broker

Business, Legal & Accounting Glossary

Definition: Advisory Broker

Advisory Broker

What is the dictionary definition of Advisory Broker?

Dictionary Definition

A broker who not only deals in stocks and shares on behalf of his client, but also advises on what shares should be bought and sold for the portfolio.

  • The broker will contact the client to suggest changes in the composition of the portfolio, but does not have authority to trade on a completely discretionary basis.
  • The client pays a commission on dealing and may pay charges based on the value of the portfolio.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Advisory Broker. Payroll & Accounting Heaven Ltd.
August 08, 2022
Chicago Manual of Style (CMS):
Advisory Broker. Payroll & Accounting Heaven Ltd. (accessed: August 08, 2022).
American Psychological Association (APA):
Advisory Broker. Retrieved August 08, 2022
, from website:

Definition Sources

Definitions for Advisory Broker are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.