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 ?
Widely recognized as one of the leading full-service brokerage firms in New Jersey, Binswanger/ Klatskin closed some of the largest transactions of the year on behalf of its prestigious client list.
This release is being issued on behalf of our clients who have pending claims against full-service brokerage firms alleging sales practice violations.
Full-service brokerage firms are expected to increase their sales of annuities in the next five years above historical rates, while sales by career life insurance agents and independent life agents will decline, according to a survey by Limra International and McKinsey & Co.
Buying 100 shares at $50 apiece could cost investors hundreds of dollars in commission at full-service brokerage firms.
Presently, K&T is actively and aggressively pursuing securities arbitration claims against full-service brokerage firms on behalf of investors who lost money in BofA stock, and is continuing to investigate whether full-service brokerage firms properly advised clients who held large concentrated stock positions in BofA stock.
But before full-service brokerage firms can gloat, there's no evidence that investors do better with professional advice, the report said.
She observed the New York full-service brokerage firms are also coming across the Hudson to open offices.
NEW YORK -- In a newly published research report examining the customer experience in opening cash management accounts at 20 leading full-service brokerage firms, banks, and mutual fund companies, Corporate Insight found a wide disparity in the amount of compliance documentation customers were required to review and sign.
His company, the nation's largest discount broker, caters to the do-it-yourself investor, providing a wide variety of investment options without the research and advice of traditional full-service brokerage firms.
Kepler has achieved its competitive position against many global full-service brokerage firms through its multi-local research platform which delivers superior local knowledge and intelligence in continental European equities.
The strategic transaction pairs two venerable Wall Street firms, both in excess of 100 years old, and creates one of the nation's leading full-service brokerage firms, with approximately 1160 brokers, serving corporate, institutional and individual investors.
This is an elite segment of the market that presents opportunities for traditional private banks and full-service brokerage firms," says Shaw Lively, Research Manager of Online Investing Services at IDC.