An account executive who provides research reports and generally charges higher commissions is employed by a(n) ____ brokerage firm.

Question

Quizplus · Accepted Answer

Full-service brokerage firms offer more personalized services, including research reports and advice from an account executive who may charge higher commissions. Discount brokerage firms, on the other hand, focus more on executing trades at a lower cost and do not typically offer as much personalized service or research. The SEC, Nasdaq, and NYSE are regulatory or trading entities and do not employ account executives.

An Account Executive Who Provides Research Reports and Generally Charges