Smith Barney,Charles Schwab,and Merrill Lynch are all primarily:

Question

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Smith Barney, Charles Schwab, and Merrill Lynch are all primarily securities firms, involved in buying and selling securities for clients, providing investment advice, and managing assets such as stocks, bonds, and mutual funds. They are not primarily investment banks, which primarily help companies raise capital through underwriting and issuing securities, nor are they primarily insurance companies or mutual fund companies, although they may offer these products as part of their broader services.

Smith Barney,Charles Schwab,and Merrill Lynch Are All Primarily