Brokers who provide services in addition to assisting in buying and selling of securities in the secondary market. Services can include providing company profiles and investment strategy recommendations.
A broker who provides a wide range of services to investors including the execution of trades, advice on which securities to buy or sell, advice on financial planning and tax shelters and on new issues of stocks. Commissions are generally higher than those charged by discount brokers. Often referred to as a "stockbroker", the term is gradually being redefined to reflect the wider range of services provided.
Full-service brokers earn commissions for each trade made in a customer's account. They make more money by trading in and out of lots of investments. They are sometimes referred to as "full-price brokers." See Eyes on Brokers.
A real estate broker who performs all transaction services including listing and selling. Fully Amortized ARM An adjustable-rate mortgage (ARM) with a monthly payment that is sufficient to amortize the remaining balance, at the interest accrual rate, over the amortization term.
A broker that provides investment research, information and advice, as well as all services in connection with the purchase and sale of futures and options contracts. Full Service Brokers usually charge commission rates that are higher than discount broker's rates without discounts.