What is a full-service broker?
Author: Ivan Yaller
Website: http://www.InvestingYes.com
Added: Tue, Oct 31, 2006 8:29:12
Category: Investing Questions
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A full-service broker has the primary task of providing financial services to clients; he or she executes buy and sell orders and deals with different varieties of brokerage. Moreover, a full-service broker provides expertise, offers advice, and helps clients achieve their investment goals.
A full-service broker generally charges a higher commission than a discount broker, because discount brokers deal more with just executing buy and sell orders and do not offer advice or recommendations to the investor.
keywords: Investing | Investment | Invest | Stock Market | Funds | Financial | Broker About the Author:
Ivan Yaller answers frequently asked investing questions at PrettyGreatAnswers.com.
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