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Full-Service Broker
(redirected from Full-Service Brokerages)

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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.


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If compared to the 10 full-service brokerages included in the survey, Norwest would have ranked third lowest for full-service fees.
It is precisely these higher commissions and the much more aggressive salesmanship of full-service brokerages that has Robison seeing green.
Account shifts, new tools, highlighted by Barron's CHICAGO -- The turbulent market and foundering economy have likely led many American investors online, abandoning full-service brokerages for web-based alternatives, where they can enjoy autonomy and, in many cases, reduced commissions.
 
 
 
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