| Full
Service Broker |
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A broker that provides a variety of services to its clients. These
services include advice, retirement planning, tax tips, and much more.
These additional services usually come at a price, commissions at
full service brokerages can range from $30 to $200 or more.
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Full
service brokers sometimes take a bad wrap, but the truth is they are
useful for many people that would rather have someone else look after
their finances. Discount brokers are advantageous if you simply want
to execute trades without the extra services. |
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Dictionary
