Brokerage General Agent

  

A middleman for selling insurance policies.

These guys and gals sell a wide variety of insurance policies from insurance companies to insurance brokers.

Vince wants to buy an insurance policy for his pet monkey. He calls his brother, Jonny, who is an insurance broker. Jonny doesn’t know of any policies that insure pet monkeys, so he calls his friend, Eric, who is an insurance broker. Eric tells Jonny that he'll do some research, and then calls his husband, Turtle, who is a brokerage general agent. Turtle is able to suggest a pet life insurance policy that his firm, Ari Insurance, offers...and that entire entourage wasted money.

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Finance: What is a Floor Broker v. Floor...13 Views

00:00

Finance allah shmoop What is ah floor broker versus a

00:06

floor trader All right Well here's a floor fixer and

00:11

here's a floor broker but okay Shocking a floor broker

00:16

Brokers stocks on the floor of a stock exchange Right

00:22

Well here's the new york stock exchange here's its floor

00:25

These guys down here they're floor brokers That is they're

00:28

trading stocks and other securities on behalf of their clients

00:32

Basically this is the scene from trading places with eddie

00:36

murphy Great old film Old rich white guys in a

00:39

building up here Call down to their guys on the

00:41

floor who execute their bidding All right well it's a

00:44

bunch of brokers all trading their clients stocks right here

00:47

and here And here and here and here all over

00:49

the world within among each other So that money is

00:52

well pushed around thoroughly like that Cato's in grandma's hash

00:55

browns recipe Note that a floor broker is different from

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a floor trader Who although he or she works on

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the floor of an exchange also makes trades as a

01:05

principal for his or her own account So yeah that's

01:08

floor broker No jackhammer required Thank you very much Go

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