Protect your money: How to research a broker

Source: Matt Krantz, USA Today

Q: How can one research the reputation of a brokerage firm using online tools? Please use Edward Jones as an example.

A: Gone are the days investors would just get a suggestion for an brokerage at the barber shop and end the research there.

Thanks to a variety of free tools available online, investors can do incredible due-diligence on their own of different online brokerages. Even if you don’t have financial experience, you can take some basic steps to make sure your broker is on the up-and-up.

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Tags/Keywords

financial, investments, broker

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