Roles of financial intermediaries:
The roles of financial intermediaries, whether they be individuals, organizations or institutions is to carry out the function of matching borrowers to lenders, and sellers of shares to buyers of shares of stock. When firms are looking to raise capital through the sale of long-term investment instruments (stocks or bonds) by way of a public offering to the general public, financial intermediaries are used to accomplish this task. The role of the financial intermediaries is to act as an investment banker to underwrite the new issue of stocks or bonds and also to provide financial advice on the best route to take in achieving the firm’s goal of additional capital to be made available to them. The investmen
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