The 5 Best Stock Brokers in Adelaide

Sell My Shares is a great choice because it’s beginner-friendly. Their team ensures that industry terms are easy to understand whenever you consult with them. 

Their team has more than 40 years of collective experience. Their knowledge encompasses financial planning, accounting, business management, and more.

They specialize in fully online stockbroker services. On their website, it’s easy to set up an account and receive your proceeds within days. 

Aside from this, they provide other stockbroker services, such as looking up the value of your current share, purchasing new shares, and international transactions. 

They’re especially a great choice if your shares have a special case, such as if it’s part of a deceased estate or held by a company or a minor. 

Their knowledge and experience allow them to deal with cases involving power of attorney, international shareholding, and more.

Most importantly, they’re very transparent with their fees, as a full list can be seen on their website. It’s divided into three plans depending on the speed of the selling process.

From what we’ve seen, a downside with them is that they take some time to respond to first-time clients. Be sure to contact them way before your planned date for selling. 

Another downside is that they have pricey rates for same-day selling. It’s at 1.5% with a minimum brokerage fee of AUD$150.

Baker Young Limited has more than 30 years of experience. They’re a great choice for various financial services because of their team’s industry knowledge.

Their services include portfolio management, for which they offer comprehensive reports, flexibility in content, and accessible online access. 

Trade sharing is one of their specialties, and they use advanced techniques to raise your chances of gaining profit. This includes capital raising, technical analysis, and deep value investing. 

Another thing they’re good at is handling deceased estate share cases. Their representatives can provide free advice, fast documentation processing, and collaboration with your lawyers. 

The company has a good track record in terms of investment decisions. This can be seen with their work for the Novatti Group, Carbon Revolution, and more.

That said, a downside we’ve seen is that they struggle a bit with making industry terms simpler. This can be seen with their jargon-heavy website. 

Another thing we don’t like is that not all of their services are integrated online. For example, their fast share sales can only be availed by physically visiting their office. 

Ord Minnett was founded in 1951 and has a long history, which gave them the reputation and knowledge to be the go-to for many investors in Adelaide. 

The company has over AUD$50 billion for its Funds Under Advice (FUA) as of 2021. This shows their great track record in making investment decisions. 

This is made possible by the company’s dedication to providing well-researched investment decisions. They have a total of seven model portfolios, each one with a specific client base targeted.

Stockbroking is their specialty, as their corporate origins date to 1872. Their representatives are great at making the process simpler and easy to understand even for beginners. 

Their expertise includes direct investments, and they organize to be in line with their client’s financial objectives. They can help you achieve capital growth, dividend yield, and more.

Furthermore, their decisions are aided by extensive research and constant access to Initial Public Offerings (IPOs). Their brokers are responsive and quick to notify you about updates. 

Finally, they have a mobile application, which makes accessing notifications more convenient for you. 

The company is highly recommendable, but if there’s anything to take note of, it’s that their commission rates are pricey. 

Aside from this, they don’t provide scalping and hedging services. Other companies will be better choices for this.

Shaw and Partners has AUD$28 billion worth of assets under their advice, which shows their great expertise. They’re known for providing intimate and personal advice, making customers trust them better. 

They have more than 30 years of experience. They have a large team composed of experienced trading specialists, market analysts, and client advisers.

They have a dedicated team for trading services that’s notable for being familiar with various trade types. This includes block trades, special crossing, primary capital raisins, and more. 

Their team for this has a combined experience of 70 years. This is why they have strong relationships with various corporations all over Australia.

We like their streamlined portfolio management process. It’s divided into four convenient steps, including advisory service, monitoring reports, administration, and the creation of management accounts. 

Every step is well-explained by their representatives. Many clients praised them for being accommodating and for taking the time to listen to their financial goals. 

Overall, while we recommend the company, a downside we’ve seen is that their website is heavy with industry terminology. This can intimidate complete trading beginners. 

Aside from this, their commission rates are high. Be sure to allot only a specific amount for investing to avoid having too heavy a loss.

Taylor Collison has more than 30 years of experience. They’re notable for their comprehensive list of services, which makes them an excellent choice for many clients. 

This includes a beginner-friendly cash management service that has competitive rates of interest for you. They have a good track record in terms of recommended companies. 

As proven by many satisfied clients, their portfolio management is excellent because their representatives are very accommodating and responsive. 

Their research team is among the best in Australia, and they specialize in coverage of small to midsize companies. They can help provide reports useful for stocks and investments. 

For this, they’re experts in analyzing the industries of biotechnology, wine, and oil. If these fields are your priority, the company is an excellent choice for you. 

Additionally, their team is very large and well-experienced. They’re familiar with various niches, and some are also multilingual. 

What we like best is how well-integrated these are into their website. It’s designed to be easy to access and informative. 

That said, a downside is that they don’t provide scalping services. If this is specifically your preferred service, other companies will be better for you. 

Aside from this, we also found some dead links on their website. This can cause some inconvenience when you browse their information section.