When you open a brokerage account, you have to pick between a so-called cash and margin account type. 1  A cash brokerage account is one that requires you to deposit cash and securities, in full, by settlement, in order to engage in transactions. The brokerage firm won't lend you any money.
Answer (1 of 1): My trainer charges $35 for a private lesson and $25 per rider for a group lesson 43 views. Answer (1 of 1): My trainer charges $35 for a private lesson and $25 per rider for a group lesson
If the FBO is charging $50 an hour for flight instruction, and the instructor is extremely busy and flies 100 hours a monthâthat is $60,000 a year in flight instruction fees. If the FBO pays the instructor 1/3 of that figure, it comes to $20,000 a year; as the reader mentions, not much to live on. The FBO doesnât get rich, either. Because the instructor is an employee, the FBO must pay Social Security/Medicareâor 7.65% of that $20,000.