A dealer is normally employed by a financial concern and is paid to arrange the sale and purchase of shares or bonds. These high-earning individuals are valued for their skill in predicting market trends and the movement of share prices. An agent is not of the same calibre, only acting as an intermediary between the person who wishes to buy or sell and the owner of the fund in question.
An agent may give advice, and if so, will be paid for doing so. A dealer would not normally give advice but confine himself to conducting the transaction...but often at the time he judges most opportune.
An agent acts as a go-between and receives a commission for their services. thetraditional role of the stock broker who brings buyers and sellers together and receivesa commission is a good example of an agent.a dealer acts on behalf of their firm rather than acting as a go-between. so rather thanmatching up buyers and sellers, the dealer acts as a principal and is buying or sellingstock for the dealers own inventory. so when you buy a bond from your dealer, itslikely that the dealer is selling you bonds that the dealer owns. the dealer makesmoney by selling securities for a higher price than they paid.