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Home > Financial Services > Stock Brokers > Summit Brokerage Services, Inc.
Summit Brokerage Services, Inc.
Summit Brokerage Services is a member of NASD, the National Association of Securities Dealers. NASD is a self regulatory organization of the securities industry responsible for the operation and regulation of the NASDQ stock market and over the counter markets. It also administrates exams for the investments professionals, such as the series of 7 exams.
Summit Brokerage Services is a full of brokerage firm servicing individual, corporate and institutional clients. Their financial advisors and their clients are the foundation of their success, and they consider it their privilege and obligation to provide them with the highest level of service and support.
The company has the expertise and facilities to execute stock, bond and other securities trades in all of the major exchanges. Through agreement with First Clearing, Summit offers a wide array of products, such as, preferred issues, brokered CD, fixed income products, and equity and bond research.
Mutual funds are divided into three main categories stock, or equity, funds, bond funds, and money market funds. Stock funds invest primarily in stocks. Their value generally depends on the current value of the stocks they own, and share prices fluctuate with the stock market. Like individual stocks, these funds range from relatively low to very risky investments.
Bond funds invest primarily in corporate or government bonds, and their values fluctuate in response to changes in interest rates and other factors. Three primary groups of bond funds are municipal bond funds, corporate bond funds, and U.S. Treasury and government agency bond funds.
Money market funds are typically liquid, or easy to sell, and less risky than stock and bond funds. Investors often use money market funds as a place to park money they anticipate using in the near future. These funds may be either taxable or tax exempt. Summit Brokerage Services is able to offer both fixed and variable life insurance and annuity products from insurance companies at the top of the industry.
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