Full-services brokers have been in the stock broking industry for ages and have made a strong mark. Today we will understand the following points comprehensively, yet in a short and simple language.
Who is a Full-service Broker?
Will a Full-service Broker suit you?
Difference between a Full-service Broker and a Discount Broker?
Top 10 Full-Service brokers in India.
1. Who is a Full-Service broker?
A full-service broker as the name goes provides full or complete services. That is, a full-service broker will assist you right from your first investment to your retirement planning, basically covers all the steps from the beginning of your investment journey till the end.
2. Will Full-Service broker suit you?
If you are a beginner in the stock market, looking for someone to assist you and make your investment journey simpler, then a full-service broker is the place to go. A full-service broker along with providing a trading platform will provide you various add on services which will make your investing journey easy and pleasant. The services are as follows:
Assist you with the execution of your trades.
Provide investment tips backed by financial research.
Suggest you tax-saving tips.
Help you manage your portfolio.
Provide overall wealth management.
Guide you with your retirement planning, etc.
3. What is the difference between a full-service broker and a discount broker?
The below table will brief you the difference between a Full-Service Broker and Discount Broker: