full-service brokerage firm

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.

full-service brokerage firm

A brokerage firm that provides a wide range of services and products to its customers, including research and advice. Compare discount brokerage firm.

Full-service brokerage firm.

Full-service brokerage firms usually offer their clients a range of services in addition to executing their buy and sell orders.

These firms usually have full-time research departments and investment analysts who provide information the firm's brokers share with clients.

In addition, some employees of the firm may be qualified to provide investment advice, develop financial plans, or design strategies for meeting financial goals.

Full-service firms tend to charge higher commissions and fees than discount brokerage firms or firms that operate only online. However, some full-service firms offer online services and reduce their fees for transactions handled though a client's online account.

References in periodicals archive ?
Nest Seekers International, a full-service brokerage firm with offices in New York, South Florida and Los Angeles, announced the launch of its Jersey City and Hoboken offices.
The board of directors of the Laurentian Bank of Canada (TSE:LB), a provider of banking services and a full-service brokerage firm in Canada, approved a dividend of USD0.
Morgan Stanley, a full-service brokerage firm located in the Dorothy Haggen Building at 2211 Rimland Drive Suite 116 in Barkley Village, is expanding into approximately 700 square feet previously used as storage space by Haggen Inc.
In addition, he has an account with Legg Mason, a full-service brokerage firm that manages part of his portfolio, and a discount account with Charles Schwab, which complements his online information sources.
A new investors can look for the services that are provided by a full-service brokerage firm.
Long is the founding partner and co-owner of Ranch Marketing Associates (RMA), a full-service brokerage firm specializing in ranch and recreation properties.
5 MILLION TWIN-ENGINE Beechjet speeds quietly above storm clouds toward Atlanta and a meeting with the city's former mayor, Maynard Jackson, now chairman of Jackson Securities, a full-service brokerage firm.
As the only full-service brokerage firm with a dedicated Private Client Group, we are uniquely positioned to serve an entire spectrum of investors commonly overlooked by our competitors.
Philosophies and best guesses aside, the reality is that a full-service brokerage firm will ideally expect you to have a minimum of $250,000 in invested (or investable) assets in order to qualify you as a priority client.
Trammell Crow, a national full-service brokerage firm, is the exclusive broker for the ExxonMobil account nationwide.