Don’t give them that much credit. Financial brokers create nothing. At least class action lawyers create big headaches.
Let’s see you sell a stock without a broker.
“Financial brokers create nothing.”
Free markets without brokers are like machinery without lubrication. They tend to freeze up. This fact is not readily apparent, but you can see the results in places like the old Soviet Union. No one possessed ANY of the vital information that the free market both provides and requires, such as prices, or what consumers actually want to spend their money on.
What do clerks at the grocery store create? If you insist that they are useless then close all checkout stands and see how that works out.
There was actually a world leader that shared this negative opinion about financial brokers. His name was Vladimir Lenin and his country was called USSR. There was no free flow of capital in that country and no investments. Even one factory couldn't buy an interest in another factory. That political system doesn't exist anymore for some reason.