Answer:
Full-service brokers provide advice in addition to buying and selling stocks
Step-by-step explanation:
Generally, potential investors have two options for brokers:
- discount brokers
- Full Service brokers.
Discount brokers only provide investors with the trading platforms. The decisions must be made by the investors themselves.
Full-service brokers on the other hand, will provide a financial analysis on behalf on the investors. They give advice on which type of investments that have higher likelihood of return for the investors. In return, the investors will have to cut small percentage of their investment gain for the brokers.