blanket recommendation

Blanket recommendation

A recommendation by a brokerage firm sent to all its customers advising that they buy or sell a particular stock regardless of investment objectives or portfolio size.

Blanket Recommendation

A recommendation to buy or sell a security that a broker or investment advisor makes to all her clients. Many analysts advise against following a blanket recommendation because doing so may not advance one's individual investment goals. In fact, following a blanket recommendation may seriously harm a client, depending on the client's risk tolerance, level of diversification and other matters.

blanket recommendation

A recommendation to buy or sell a security that is sent by a brokerage firm to all its customers. Firms do not consider individual investors' objectives before sending out a blanket recommendation.
Are blanket recommendations sent to investors in a timely enough manner to be effective?

Blanket recommendations for a specific security usually have been significantly diluted by the time the client receives a mailing from the brokerage firm. In most cases, the recommended security should be looked at as a long-term play rather than as a trading vehicle.

George Riles, First Vice President and Resident Manager, Merrill Lynch, Albany, GA
References in periodicals archive ?
Samadi spoke out in 2011 about the dangers of the government task force's blanket recommendation against the PSA, the only prostate cancer screening tool available.
However, there is still a blanket recommendation of aggressive glucose lowering.
LeFevre, Professor of family medicine at the University of Missouri--Columbia, said that the new recommendation is based on an individual risk assessment rather than being an "overarching policy that makes a blanket recommendation.
In light of a new analysis of NTDs and folate pathway genes, however, that blanket recommendation may need to be fine-tuned [EHP 114:1547-1552; Boyles et al.
We don't know how good all of the work that is exhibiting at the same time as the International is so we cannot give a blanket recommendation.
Point out that no blanket recommendation exists for PD patients to take coenzyme Q10 but that if they are going to take it, go with a bigger dose (at least 1,200 mg/day).
A single blanket recommendation regarding fire does not fit all circumstances.
Both Stampfer and Goldman say they think most postmenopausal women would benefit from estrogen therapy, but they shy away from a blanket recommendation.
This approach differs from the blanket recommendation favored by some entities that use a boilerplate DUA on every MSA.
The information contained herein is based upon sources that have, in the past been considered completely reliable; however cannot be guaranteed -nor is the information a blanket recommendation for any persons to buy silver, gold, platinum or palladium.
It's impossible to deliver one blanket recommendation.
In our view, the evidence doesn't support a blanket recommendation for women in this age group.