Full-service broker

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Full-service broker

A broker who provides clients an all-inclusive selection of services such as advice on security selection and financial planning.

Full-Service Broker

A brokerage that provides transaction services in addition to research and investment advice. That is, a full-service broker works with clients to determine and execute clients' investment goals; brokers may conduct the transactions the clients direct or they may independently manage portfolios for clients. Full-service brokerage firms provide individual services, and, as a result, charge much higher commissions than discount brokerage firms. However, they are not as exclusive as boutiques.
References in periodicals archive ?
Forty-five percent of (continued on top of next column) them were previously at full service brokerage firms and 25% were former do-it-yourself investors, according to the survey.
The study profiles the attitudes and specific financial services provider usage of households with greater than $1 million net worth and includes the rankings of nearly 1,000 respondents of banks, private banks, full service brokerage firms, investment management firms, insurance providers and mutual fund companies on a series of six attributes.
com, designed to provide information to Bank of America (NYSE:BAC) ("BofA") shareholders who sustained substantial losses as a result of holding large concentrated stock positions in BofA stock at full service brokerage firms.
Lee goes onto add that "by 2003, full service brokerage firms will occupy almost 60 percent of the online market.
The four new hires will market and sell MainStay products to intermediaries including national, full service brokerage firms, regional firms and independent broker-dealers.
The four wholesalers are charged with marketing and selling MainStay products to financial intermediaries such as national, full service brokerage firms, regional firms and independent broker-dealers.
As wholesalers, the four will market and sell MainStay products to intermediaries including national, full service brokerage firms, regional firms and independent broker-dealers.
In their new positions, these professionals will promote the sales of NYLIM's retail investments through intermediaries including national, full service brokerage firms, regional firms and independent broker-dealers.
Instinet Group Incorporated (Nasdaq: INET) today reported that, according to a leading independent evaluator of institutional trading costs, Instinet Corporation ranked first in value-added for both Nasdaq and Listed executions during 2001 when compared to a universe of full service brokerage firms.
which owns the full service brokerage firms of Miller, Johnson & Kuehn Incorporated, R.
With the proliferation of online trading and the move away from full service brokerage firms, Wall Street Strategies is poised to step into the void created and offer the perfect compliment to online investing.
With full service brokerage firms racing to establish their presence on the Internet, EMS has become a key player in this rapidly expanding market.