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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
You can opt for a full service broker to have financial advice and research at your disposal in exchange for a fee, and often commission.
The transaction generally takes a couple of weeks to complete; however, there can be complications, which is why we work with a full service broker. Special note: If shares are held in certificate form, the transaction is more complex and we encourage you to call the Planned Giving Office for further assistance.
Edwards & Sons Full service broker, underwriter,
In comparison, transactions at a full service broker could cost as much as 3% per trade.
Merrill Lynch Pierce Full service broker, underwriter,
Joseph Gunnar & Co is a full service broker dealer that provides investment products and vehicles to private and corporate clients.
An institutional full service broker in the MENA region, Arqaam Capital covers more than 300 listed companies in the Middle East and Africa region across 27 countries and a wide range of sectors.
Odeon, a full service broker dealer founded during the financial crisis, said it has over 65 employees across six states with expertise in secondary trading of high yield fixed income, middle markets, equities, research and investment banking.
In addition to this, WesBanco operates an insurance brokerage company, WesBanco Insurance Services Inc., and WesBanco Securities Inc, a full service broker dealer.
Arqaam Capital is one of the top institutional full service brokers in the MENA region via seats in key Middle Eastern and African exchanges supported by a strong global network of local executing brokers.
However, under the proposed rule, that definition would be changed to include any office with a staff of one or more, Wilkerson explains, adding that this fails to take into account key differences between brokers specializing in life products and more full service brokers such as Merrill Lynch.
After choosing from thousands of apartment listings, users at the click of a button or with one phone call notify No Fee Rental's full service brokers, who will arrange immediate access to the selected apartments and similar availabilities, speeding along the application and approval process.