Boardroom

DEFINITION of 'Boardroom'

Besides the general definition as a meeting room in an office, in the investment community the boardroom can refer more specifically to a room used in a stockbrokerage office. The boardroom is where clients and members of the public can meet with registered representatives. They meet here to discuss investments, obtain stock quotes and place trades.

BREAKING DOWN 'Boardroom'

Board rooms usually have the latest techological equipment, such as Bloomberg terminals or other state-of-the-art quotation systems. The boardrooms at larger firms often also have large-screen TVs and other multimedia sources of business news. Some firms do not use these rooms at all, but allow clients to meet with brokers in their individual offices.

RELATED TERMS
  1. Broad Tape

    A modern version of the ticker tape produced by the Dow Jones ...
  2. Front Office

    The sales personnel and corporate finance employees in a financial ...
  3. Back Office

    Administration and support personnel in a financial services ...
  4. Middle Office

    The group of employees in a financial services company that manages ...
  5. Stagger System

    A method of electing a company's board of directors that puts ...
  6. Virtual Office

    A business location that exists only in cyberspace. A virtual ...
Related Articles
  1. Investing

    What Does the Back Office Do?

    A financial services company’s back office provides administrative and personnel support.
  2. Financial Advisor

    How to Impress Clients: The First Meeting

    When meeting a prospective client you don’t want your first impression to be your last. Here are some tips to make sure there's a second meeting.
  3. Financial Advisor

    How Advisors Should Prep for an Initial Meeting

    First impressions count, so prepare well for your first meeting with a client. Get to know as much as you can about the person and be ready to answer questions.
  4. Personal Finance

    Top 3 Trends Affecting Private Wealth Management

    Don't miss out on high-net-worth clients because you aren't prepared for their service demands.
  5. Professionals

    Tips For Boosting Your Business

    Find out how butter up new clients, build up old files and better your bottom line.
  6. Financial Advisor

    How to Handle Your First Meeting with a Client

    Here's what financial advisors should do in an initial client meeting to start off on the right foot.
  7. Markets

    10 Tips for Conducting Effective Meetings

    Sometimes meetings are necessary, but they're often a waste of time. These ten tips can help you conduct effective, productive meetings.
  8. Financial Advisor

    Deal Effectively With Difficult Clients

    Learn how to tame the most shrewish clients with these simple methods.
  9. Financial Advisor

    Top Tips for Managing a Prospective Client Meeting

    These tips are essential when it comes to managing that first meeting with a prospective client.
  10. Investing

    Tips For Fitting In At Your Brokerage Firm

    Part of starting a successful career as a broker is finding the right place to work.
RELATED FAQS
  1. What is a boiler room operation?

    In the context of investing, the term "boiler room operation" refers to the use of high pressure sales tactics to sell stocks ... Read Answer >>
  2. How are C-suite officers measured on performance?

    Find out how C-suite officers are evaluated. Learn about the evaluation process, what makes traits a CEO should exhibit and ... Read Answer >>
  3. What exactly is a portfolio? Is it something I can carry around?

    The quick answer to this question is that a portfolio is a collection of stocks, bonds and/or other investment assets. A ... Read Answer >>
  4. What is the investor rights movement?

    The investor rights movement, also called shareholder activism, refers to the efforts of shareholders of publicly traded ... Read Answer >>
  5. Under what circumstances would I require private wealth management?

    Learn why many high-net-worth individuals may prefer private wealth management services, and understand how these firms charge ... Read Answer >>
  6. What's the average salary of a compliance officer?

    Learn about compliance officers, the locations and industries in which compliance officers work and how much they earn on ... Read Answer >>
Hot Definitions
  1. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  2. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  3. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  4. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  5. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  6. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
Trading Center