Are these questions normal to be asked just to open an individual brokerage account?

Question

Annual Income, Liquid assets, Net fixed assets (all by dollar)

Its the first time I am opening an account and it comes to me kind of odd for being asked such questions..

What else will they ask?

Answer 1

I recommend an online brokerage firm that has good beginner qualitys {like tutorials or an easy to understand set up}, i use zecco, better then schwab, etrade, etc. they are the only ones with free stock trades, no minumums..all the others will charge you fees for trading, but compare and see for yourself. Good luck and happy investing!

http://friends.zecco.com/r/a7a2877caab81...

Answer 2

not only are they normal but they are required, I believe.  It is sort of so that they will not steer you into inappropriate investments.  ha ha ha.  

Answer 3

They do not need that information for a cash or retirement account.  However, most brokers ask those questions if you want to get approved for options trading.  They would undoubtedly want that information for a margin account, to have some idea if you would be able to cover a margin call.

Answer 4

Yes, those are pretty standard.  They'll also ask about your knowledge and investing experience and whether you know that the value of items in which you invest may lose value.