Advisory Broker

A broker or brokerage that, in addition to making trades on behalf of the client, provides investment advice. That is, the advisory broker recommends the client buys or sells certain securities, in accordance with his/her investment goals. The advisory broker receives a fee in addition to the commissions given for the actual trades.

References in periodicals archive ?

com If you do need advice use an advisory broker or Independent Financial Advisor (IFA).

Get the right cover in case the worst should happen

US insurance advisory broker Celedinas Insurance Group said in a press release on Tuesday it had bought sector player Palm Beach Insurance Group in a bid to expand its business in Florida and add to its local portfolio.

Celedinas Insurance announces buy of Palm Beach Insurance

The more knowledgeable of the many ways that voluntary can solve HR problems, the greater the number of resources he can bring to bear on the client's problems, the more successful an advisory broker will be at cross-selling voluntary.

Relief for HR? Succeed in cross-selling voluntary: with a simple mind-set change that transforms you from just another insurance salesman into a trusted advisor ... and allows you to take control of the client relationship, lock in the broker of record letter- and make the client love you for it

A self-select ISA portfolio allows the investor to trade in stocks on a daily basis and add or sell funds in the portfolio either directly online or via an advisory broker.

Different spin on pensions

Investors' Chronicle readers have voted Redmayne-Bentley the UK's Best Advisory Broker (Cost and Value) in the publication's 2005 Awards.

Best advice

Mr de las Cuevas said that the costs involved in administering suitability tests would be so high as to force firms to become discretionary or advisory brokers.

FINANCIAL SERVICES: LOBBY GROUPS RAISE CONCERNS OVER COST OF NEW SHARE TRADING RULES