full-service broker
noun
A stockbroker or brokerage firm that provides investment advice and related services to clients in addition to facilitating transactions: Betty uses a full-service broker to assist her with her portfolio selections...Compare with discount broker.
- Many people, myself included, still want full-service brokers.
- A study by Chicago consultant Spectrem Group shows rich investors moving away from full-service brokers.
- You'll have the easiest time if you have a big portfolio and use a full-service broker.
Derivatives
full-service brokerage
- The report found no significant difference in mobile use between self-directed investors and those who use a full-service brokerage.
- Mortgage-backed securities can be purchased at most full-service brokerage firms and some discount brokers.
- One area where full-service brokerages do have a real advantage is in the initial-public-offer market.