Picking a Broker - 3 things to look for

In this video I cover the 3 key things you should look for in a broker when deciding who to invest with. I’ll also talk about my upcoming change in trading platform. Sign up to my weekly newsletter: https://sanjee.substack.com



Join me on other social channels:
Twitter:   / sanjeesen  
Instagram:   / sanjee_investing  
TikTok (yes really):   / sanjeesen2020  


My website: www.sanjeensen.com


Timestamps:
0:00 - Intro
1:00 - Disclaimer
1:23 - Previous videos
1:52 - What do brokers do?
3:18 - What brokers don’t do
3:48 - Share registries
4:21 - Transaction cost / brokerage cost
5:36 - What were they thinking?!
7:03 - Share sponsorship
7:26 - CHESS model
7:49 - Custodian model
8:52 - What if you switch?
9:33 - The 2 questions
10:00 - Features you need
10:23 - Spectrum of investors
11:47 - What the pros need
12:01 - International investing
13:16 - Casual investors
14:00 - Taxation reporting
15:18 - My plan to move
16:56 - Other videos
17:25 - Newsletter


CHESS Sponsorship vs Custodian articles for further reading:
ABC News article: https://www.abc.net.au/news/2021-03-0...
CommSec article: https://www.commsec.com.au/support/fr...
SelfWealth article: https://www.selfwealth.com.au/what-is...




My setup (Australian Amazon Affiliate links):
Canon 80d camera and lens: https://amzn.to/2He8SS6
Rode Main mic: https://amzn.to/3t1F2Uk
Rode mic (lapel): https://amzn.to/2TdeDBX


Useful links:
Australian Government website on personal finances: https://moneysmart.gov.au


Disclaimer:
The information provided in this video is general in nature only and does not constitute personal financial advice. You should also consider seeking the advice of an investment advisor who holds an Australian financial services (AFS) licence or is a representative of an AFS licensee. Be sure to work with someone who understands your investment objectives and tolerance for risk. Your investment advisor should understand these products, be able to explain whether or how they fit with your objectives, and be willing to monitor your investment alongside you. There are some Amazon Affiliate links above - if you purchase from there, at no additional cost to you, I will earn a small commission for each sale.