What are brokerage firms quizlet?

Brokerage Firm. A company that facilitates the buying and selling of investments on the stock exchanges. Discount Brokerage Firm. A brokerage firm that only completes orders to buy and sell investments; does not give advice as to what to buy.

Which of the following is a difference between full-service brokers and discount brokers quizlet?

Full-service brokers will help recommend investment opportunities and will do research on companies and mutual funds into which you might consider investing. Discount brokers will generally only allow you to buy and sell stocks and do not make suggestions or offer advice.

What are examples of brokerage firms?

They are often referred to as the “big four brokerages.” Each of these firms—Charles Schwab, Fidelity Investments, E*TRADE, and TD Ameritrade—comprise the top in terms of customers and assets.

What is a full line national firms?

The largest firms, the so-called national full-line firms, service both retail customers (especially in acting as broker-dealers, thus assisting in the trading of existing securities) and corporate customers (such as underwriting, thus assisting in the issue of new securities).

What types of services do full-service brokers provide quizlet?

Terms in this set (26)

• Full-Service Brokers. Brokerage firms offering a full range of services, including information and advice.
• Discount Brokers.
• Principal Transactions.
• Cash Account.
• Margin Account.
• Wrap Account.
• Managed Accounts.
• Discretionary Accounts.

What types of services do full-service brokers provide?

A full-service broker provides its clients with a wide range of financial services, research, and advice. Additional services can include portfolio analysis and construction, estate planning, tax advice, access to IPO shares, access to foreign markets, and so on.

Which are services offered by full service brokers quizlet?

In what ways are full service brokerage firms and discount brokerage firms the same?

A full service broker offers just that—a higher level of personal service for your investments, but at a higher cost. See which type of broker might be right for you. A discount broker carries out buy and sell orders at a reduced commission rate as compared to a full-service broker.

What is a full-service brokerage firm?

A full-service broker is a licensed financial broker-dealer firm that provides a large variety of services to its clients, including research and advice, retirement planning, tax tips, and much more.

What are brokerage services?

Brokerage services means assistance and services to prospects that are reasonably necessary to negotiate and bring about the successful closing of transactions for the sale, purchase, or lease of real estate.

What are broker/dealer firms?

A broker-dealer (B-D) is a person or firm in the business of buying and selling securities for its own account or on behalf of its customers. The term broker-dealer is used in U.S. securities regulation parlance to describe stock brokerages because most of them act as both agents and principals.