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 ?
Hong Kong - Hong Kong based full service brokerage firm, Bennet global, becomes one of Asia's leading stockbroking firms.
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(Member FINRA, SIPC), http://www.placetrade.com/, a global full service brokerage firm and MSRB registered municipal bond dealer, announced that the firm, which was originally founded in Lillington, NC, is celebrating 10 Years in the Triangle.