What criteria do you use for selecting a full service broker?
Obviously, for online trading accounts you look for research and price per trade...but for a full service broker (someone who might've called you up and "pitched" you a stock idea) the process is a bit different. What advice would you give a novice investor on choosing which full service broker to work with?
Best Answer
3127 points
EthanR answered 10 months ago …
I wold tell a novice investor to look for someone who seems to have their best interest at heart, and is not just trying to churn your account, or sell you the stocks that make his company more money.
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2703 points
MNSL answered 10 months ago …
I will suggest Navis trader to look for full service broker who provides following services:
Good research reports
Good investment advice
Easy approach to broker
Give all facilities same as to top investors including institutional investors.
Reasonable service charges
