Traditional Brokers
Traditional “full-service” brokers do more than just facilitate the buying and selling of a stock or bond. These brokers tend to offer a wide array of services and products, including financial and retirement planning, investing and tax advice,regular portfolio updates and also offer margins loans in addition to a certain client to purchase investment on credit which will be subjected to necessary terms and conditions..
Since traditional brokers offer personalized recommendations and service, brokerages often come with higher fees.
