Blackwell Investments specializes in acting as an intermediary in taking companies public. This financial middleman is an example of which of the following roles?

Question

Quizplus · Accepted Answer

Blackwell Investments is a financial intermediary that helps companies go public, which is a role typically performed by an investment banker. Stockbrokers primarily buy and sell securities on behalf of clients, commercial bankers focus on lending and deposit-taking activities, and transfer agents maintain records of stock ownership and facilitate transfers of shares.

Blackwell Investments Specializes in Acting as an Intermediary in Taking