> What is the future of brokerage firms and stock brokers ?

What is the future of brokerage firms and stock brokers ?

Posted at: 2014-12-05 
Brokerages often offer lower commissions and more efficient trading platforms, hence, they will still be in demand, and likely more than banks.

Individual brokers, not so much, since they charge too much, however, newbie investors or those inexperienced with the intricacies of it (and are not interested in learning) may consult them to help them invest.

Though airline tickets are available on line, people who desire flexible travel plan prefer travel agent.

Slow connection speed and erratic power supply adds uncertainty to online trading.

Quality service of brokers at present is available at low cost. they will survive depending on quality of service.

Today, with all the major public and private sector banks coming up with their own financial services, do private brokerage firms have any future? also most of the trading takes place online, so are stockbrokers in demand as they were some years ago ?