1. EachPod

229 how to pick a stock broker

Author
Dev Raga
Published
Tue 28 Jun 2022
Episode Link
https://player.whooshkaa.com/episode?id=1014593

There are so many stock brokers out there, which do you pick? Dev explains the basics of what a broker does and how to pick one that suits your needs. He covers:


👉🏾 what is a brokerage firm?

👉🏿 why do we need brokers?

👉🏻 the difference between full service brokers vs discount/online brokers

👉 roboadvisers

👉🏼 how brokers make money (some common & less common ways)

👉🏽 is free brokerage actually free?

👉🏿 what is chess sponsorship

👉🏻 the simple steps to follow when selecting a broker

👉 plus Jonno from Melbourne gave some kind feedback!


Learn more about Altus Financial here: https://bit.ly/altusm3m


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🛑 Please read our disclaimer + warnings before listening to this episode


📝 Episode transcript: https://bit.ly/m3meptranscripts


💸 Quick links to our resources and $20 off The Glen James Spending Plan


my millennial money medical is produced by SYMO interactive, home of my millennial money.

Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf

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