Choosing the trustworthy or right person is the key to any relationship when it comes to money. A person who is in charge of your money is referred to as “Stock Broker”. Providing the investor with timely advice on choosing the right investment for you and your money is the key role of the stock broker.

A stock broker must be experienced to sell equities. In order to be certified the stock broker must be educated and pass state administered tests. Aside from the basic minimum qualifications a stock broker has a track record in his or her managing of stock portfolios.

A smart investor will ask the potential stock broker about his accounts for the past five years.Questions that require the stock broker candidate to talk about their
investment strategy. What stock picks has he or she made that twisted a profit.
What stock picks did not show gains, but losses.
If the stock broker works for a brokerage house and most do, ask about the clients of the firm.

The stock broker is like any qualified you would hire to perform a service. You are interviewing a candidate who will not only advise you on stocks and other investments, but someone who will take your personal benefit above all other considerations. Have a discussion with several candidates on the phone. The next step is to come up with a short list and have a individual meeting with the candidate stock broker.

Following points have to be kept in mind during the stock broker selection process:-

In your selection process for a stock broker keep in mind the following points:

- A referral from a friend for a stock broker is useful, but not the final word.
- Hiring a friend that is a stock broker can be difficult if a disagreement occurs.
- From the first contact with the stock broker does he or she act thoughtful and return calls.
- Does the candidate stock broker ask you about your comfort level in investing?
- Does the candidate stock broker provide you with insight into his or her investment strategy.
- Does the candidate stock broker's investment strategy match with your ideas about investing.
- Ask the stock broker candidate to explain limit orders and other means of protecting your investment.

Is the candidate stock broker outspoken in telling you of in-house stock portfolios. Many brokerage houses have baskets of stocks they maintain under the firms name. How has the firm's stock package done over the past four quarters.

When the candidate stock broker is speaking to you does he or she gloss over information or do you get the impression it is a sales pitch. Every stock broker is a sales person, but there are restrictions in this field.

Finally, never make a conclusion on the spot. After your meeting face-to-face go home or back to your office and think about your choices. Pay particular notice to your gut reaction after you have left the meeting. Is this someone you trust to carry out your wishes and provide you with sound investment choices.