full service broker
Definition
A stockbroker who provides a portfolio of investment services, such as financial advice, market research, stock recommendations, and order execution. A full-service broker will typically charge higher fees than a discount broker. Compare to Deep Discount broker.
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Discount Brokers vs. Full-Service BrokersWhen choosing investment brokers, be sure to consider the costs and benefits of full-service brokers vs. discount brokers. Full-service brokers do offer more services but do so for a higher cost. Disc ... Read more
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