Advisory Broker

Advisory Broker

A broker or brokerage that, in addition to making trades on behalf of the client, provides investment advice. That is, the advisory broker recommends the client buys or sells certain securities, in accordance with his/her investment goals. The advisory broker receives a fee in addition to the commissions given for the actual trades.
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com If you do need advice use an advisory broker or Independent Financial Advisor (IFA).
US insurance advisory broker Celedinas Insurance Group said in a press release on Tuesday it had bought sector player Palm Beach Insurance Group in a bid to expand its business in Florida and add to its local portfolio.
The more knowledgeable of the many ways that voluntary can solve HR problems, the greater the number of resources he can bring to bear on the client's problems, the more successful an advisory broker will be at cross-selling voluntary.
A self-select ISA portfolio allows the investor to trade in stocks on a daily basis and add or sell funds in the portfolio either directly online or via an advisory broker.
Investors' Chronicle readers have voted Redmayne-Bentley the UK's Best Advisory Broker (Cost and Value) in the publication's 2005 Awards.
Mr de las Cuevas said that the costs involved in administering suitability tests would be so high as to force firms to become discretionary or advisory brokers.
He added, "This recognition further supports our goal to offer our clients the convenience of a local insurance firm that incorporates the breadth of products, expertise, and market strength of one of America's oldest and largest insurance advisory brokers.
Our goal is to offer Palm Beach Insurance Group clients the convenience of a local insurance firm that incorporates the breadth of products, expertise, and market strength of one of America's oldest and largest insurance advisory brokers," said Ray Celedinas, President and CEO of The Celedinas Insurance Group.
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