A brokerage account is a type of financial account that allows individuals to buy and sell various investment products, such as stocks, bonds, and mutual funds. These accounts are typically offered by brokerage firms, which act as intermediaries between investors and the financial markets. Investors can manage their accounts online or through a financial advisor, making it easier to track investments and execute trades. To open a brokerage account, individuals usually need to provide personal information, such as their Social Security number, employment details, and financial status. There are different types of brokerage accounts, including individual accounts and joint accounts, each serving different investment needs and goals.