As the name suggests, brokered CDs are acquired through a brokerage firm or a sales representative but not directly from the issuing bank. This means that the financial advisor, or the broker, surveys the marketplace to determine the best CD rates available. Just like any other CDs, you will agree to deposit the money for a specified term, and the …

In the past few years more and more people became interested in brokered certificates of deposit. They discovered the huge advantages brought by a certificate of deposit, so CDs became extremely famous and popular at the same time. It is not unusual to hear someone talking about the fact that he or she wants to learn more about a certificate …

Brokers, in a general sense, refer to those persons who act as a link between the investor and the various organizations. Similarly, a Brokered Certificate of deposit is that certificate of deposit which is being purchased from a broker (or an intermediary, in general sense). The basic advantage associated with the brokered certificate of deposit is that it is being …

While we save, what is most important to us is to see our savings double at the earliest. Investing in CDs is one of the best ways to boost the growth of your savings. There are many different CDs that you will see people talking about. One such CD is the brokerage CD. As the name goes, you will see …

Brokered CDs are brokered as implied by the name. It is just like other Certificates of Deposit or CDs offered by a financial intermediary. Your financial advisor or any other person analyses the market in order to find out the most suitable rates for CDs. In this type also, you need to save your money for a certain time period …

A certificate of deposit that is offered by banks through an agent or a broker is called as a brokered CD. The investors will not be able to connect directly with the issuing authorities; instead all dealings are made through either the brokers or the intermediaries. Instead of searching the best certificate of deposit for investing, another person on your …

What is a Brokered CD? Banks issues Certificate of Deposit (CD) which the brokerage firms buy in large quantity and sell them back to their clients. Brokered CDs are the kind of CDs that are offered by financial advisors/consultants or a broker. Before you buy brokered CD, it is absolutely necessary to understand the kinds of offer you are …

Certificates of deposits are investment instruments which can provide you substantial and at the same time, reliable returns on your investments. It is a lot better than investing in the stock market. It basically gives you a lot of peace of mind compared to other investment methods. The savings bank account is the best of the lot, but your certificate …