Stock broker vs hedge fund manager

Differences between stock broker and hedge fund manager duties and responsibilities

Stock broker example responsibilities.

• Manage communication with clients regarding margin call requirements base on NYSE and NASD standards.
• Administer the purchase and sale of small cap equities trade on NASDAQ and NYSE exchanges.
• Study to pass all require FINRA testing!
• Develop and monitor all stock trading and reporting and institute guidelines for proper FINRA procedures.
• Calculate common area maintenance expenses and CPI increases and notify tenants via letter of increases.
• Generate over $200k in derivative commission revenue through full-service brokerage and execution and roughly $100K in self-direct trading commission.
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Hedge fund manager example responsibilities.

• Manage derivative credit risk for transactions with mutual and pension funds.
• Manage a portfolio of equities and options within the technology and energy sectors.
• Manage short term interest rate risk management utilizing basis swaps to modify portfolio duration.
• Perform month-end closings including calculations of final NAV, performance and partner allocations.
• Research all sensitivity factors that may have an economic effect on the fund's NAV.
• Develop financial and risk models, negotiate margin and collateral contracts (cash / securities), insurance and hedging options.
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