Investopedia

Full-Service Broker

Filed Under »
Dictionary Says

Definition of 'Full-Service Broker'

A broker that provides a large variety of services to its clients, including research and advice, retirement planning, tax tips, and much more. Of course, this all comes at a price, as commissions at full-service brokerages are much higher than those at discount brokers.
Investopedia Says

Investopedia explains 'Full-Service Broker'

Full-service brokers sometimes get a bad rap, but they can be extremely useful for their expertise. Remember, they do much more than just place trades; full-service brokers can provide expertise for people who don't have the time to stay up-to-date on complicated issues such as tax or estate planning.

However, for those who just want to execute trades without the extra services, discount brokers are the way to go.

Articles Of Interest

  1. Picking Your First Broker

    If you're a rookie investor, your first big investment decision should be an informed one.
  2. Paying Your Investment Advisor - Fees Or Commissions?

    The way a professional is compensated can affect quality of service. Learn more here.
  3. Full-Service Brokerage Or DIY?

    Determine what you are getting for your fees and commissions and how to get your money's worth.
  4. What You Get When You Pay For Investment Services

    There are three value components in investing. Can you save money by doing some of them yourself?
  5. Where can I find information on different companies so that I won't have to read every earnings report?

    Financial portal websites, such as Yahoo Finance or Google Finance allows the average investor to view content related to a specific stock from a variety of different financial websites. The ...
  6. How can I prevent commissions and fees from eating up my trading profits?

    First off, understand that there is no universal system regarding trading commissions charged by brokerage firms. Some charge rather steep fees for each trade, while others charge very little, ...
  7. Investment Services Stump Investors

    What you're getting isn't easy to determine. Find out how to get your money's worth.
  8. 7 Designations For The Sell Side

    While all of these designations demand a substantial commitment in time, money and effort, the end result is worth it.
  9. Examining Stereotypes In Investing

    Irrespective of age, sex and other such factors, no normal investor wants an unsuitable investment. How much people really understand about their investments depends on various factors, including ...
  10. Varieties Of Brokers And How To Pick The Best One

    Figuring out what kind of broker to use can be a daunting task. The key is figuring out just how much help you need.
comments powered by Disqus
Marketplace
Hot Definitions
  1. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.
  2. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
  3. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
  4. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.
  5. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.
  6. Icarus Factor

    The term Icarus factor describes a situation where managers or executives initiate an overly ambitious project which then fails. Fueled by excitement for the project, the executives are unable to reign in their misguided enthusiasm before it is too late to avoid the failure.
Trading Center