Which of the following statements is true regarding full-service brokers?
A) They typically seek clients with at least $25,000 in their accounts.
B) They derive only a small percentage of their revenues from commissions.
C) They compete primarily on price and services offered.
D) Less than 10 percent of U.S. households now use a full-service broker.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is true regarding full-service brokers?
A) They typically seek clients with at least $25,000 in their accounts.
B) They derive only a small percentage of their revenues from commissions.
C) They compete primarily on price and services offered.
D) Less than 10 percent of U.S. households now use a full-service broker.

Which of the Following Statements Is True Regarding Full-Service Brokers