Full-service broker

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 ?
Stewart urged investors who are entering the markets for the first time using online brokerage firms to do the same prudent stock research they would do before investing with a full-service broker.
A healthy number of Hoosier investors still value the advice, personal service and investment direction that they get from a full-service broker.
In order to make the other members feel more comfortable about picking stocks, the group chose to work with a full-service broker who could provide a little hand holding.
Why would you choose a full-service broker when discount and online brokerages typically charge smaller fees?
It said that, unlike a full-service broker, these administrative actions (following the trade date) should preclude trade date accrual because they represented such a substantial proportion of Schwab's overall activities.
is a full-service broker dealer focused exclusively on microcap companies.
About the same proportion use a full-service broker.
At first, unsure of their investment acumen, the club members emphasized mutual funds and relied upon a full-service broker for advice.
Tobias started investing in 1990 with the help of a full-service broker who gave him advice, but he went solo because ``(you) can't trust your money to somebody else.
Although they claim less need of hand-holding, we found that nearly 70% of our sample continue to use a professional adviser, who is most likely to be a full-service broker or an independent adviser," Thompson said in a statement.
which had seemed cool to letting its clients buy and sell stocks on line, is an apparent attempt by the full-service broker to keep pace with technology and remain competitive with other firms that allow automated trading.
As different as their approaches are, the paths Thomas and Proctor took lie like a fork in the road that each new investor eventually comes to: do you call your own shots and trade through a discount firm, or is it better to rely upon a full-service broker to handle everything from which stocks and funds you collect to when you buy and sell investments?