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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.


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Traditional full-service brokers make money based on the amount of transactions they facilitate.
Every location won't be required to have its records available "immediately" for inspection and examination, as full-service brokers do, Wilkerson said.
In fact, system failures were considered a major risk by 60 percent of full-service brokers.
 
 
 
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