Why is the man who invests all your money called a broker?

Answer 1

WORD HISTORY Giving gifts to one's broker might be justifiable from an etymological point of view because the word broker may be connected through its Anglo-Norman source, brocour, abrocour, with Spanish alboroque, meaning “ceremony or ceremonial gift after the conclusion of a business deal.” If this connection does exist, “business deal” is the notion shared by the Spanish and Anglo-Norman words because brocour referred to the middleman in transactions. The English word broker is first found in Middle English in 1355, several centuries before we find instances of its familiar compounds pawnbroker, first recorded in 1687, and stockbroker, first recorded in 1706.

Answer 2

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Answer 3

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Answer 4

Investment Dealer is the more common word used these days because at no time does s/he own your investment. Rather this person acts as an agent for you in each transaction. Example: S/he will arrange for you to buy stocks and to sell them for you.
http://www.investordictionary.com/definition/dealer.aspx

http://www.investordictionary.com/definition/broker.aspx

Answer 5

not sure but it may have to do with representation. In other words he works for you rather than the companies he is investing in. It would be better if they were called "richer"

Answer 6

Because if you hand your money over to him and trust him to just do a good job and make some good stock picks for you, you will go broke. LOL.

Answer 7

I guess a more suitable name would be 'breaker' for some people :p

Answer 8

Because the NASD says so.

Answer 9

Probably coz he makes you broke!