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 ?
It is a full-service brokerage firm specializing in property, casualty, transportation, DIC, builders risk and professional lines coverage.
He has previously served more than 10 years as CEO of RBC Wealth Management (NYSE: RY) (TSX: RY), a full-service brokerage firm with nearly 2,000 financial advisors and over USD280bn in assets.
Fischer founded the full-service brokerage firm in 1985.
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 survey is based on a tiny number of respondents, averaging 400 per full-service brokerage firm," said Morgan Stanley in a statement.
?Hennion & Walsh is a full-service brokerage firm specializing in municipal bonds, was founded in 1990 by Richard Hennion and Bill Walsh.
AS A FULL-SERVICE BROKERAGE FIRM SUCCESSFULLY SELLING AND LEASING MILLIONS OF SQUARE FEET OF PROPERTY THROUGHOUT SOUTHERN CALIFORNIA, WHAT TRENDS HAVE YOU SEEN IN YOUR REGION?
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.
"Location doesn't matter to me as much as the people you put there," says the president of Wellington West Financial Inc., a subsidiary of the full-service brokerage firm based in Winnipeg.
While a typical full-service brokerage firm charges several hundred dollars for an investor to buy or sell 100 shares, this fee is clearly shown.
"As the country's largest full-service brokerage firm, we often have offices within a few miles of each other.
This service is provided to our readers by WM Financial Services, a full-service brokerage firm.