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.
References in periodicals archive ?
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.