The Investment Industry

Essay specific features

 

Issue:

Business

 

Written by:

Stephanie C

 

Date added:

September 29, 2010

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2345

 

Was viewed:

1609 times

 

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Essay content:

In essence, the full service brokerage subsidiaries of chartered banks offer the same services, however, banks' brokerage firms may have a larger pre-established clientele. Finally, the discount brokers are basic stock brokers that perform trades for clients who do not want investment advice. Usually, this service is targeted toward the sophisticated investor who does his/her own research to incur minimal commission fees...
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Usually, this service is targeted toward the sophisticated investor who does his/her own research to incur minimal commission fees. Banks entered the investment industry in 1987, whereby they took over full-service brokerages, introduced mutual funds to the banking industry and became part of discount brokering...
displayed 300 characters

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