Firms whose central business is providing individual account shares of a group of stocks,bonds,or both are known as:

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Mutual fund companies provide individual account shares of a group of stocks, bonds, or both to investors. Insurance companies provide coverage for risks, thrifts are financial institutions primarily focused on accepting deposits and providing mortgages, and commercial banks offer a variety of financial services such as deposits, loans, and credit cards.

Firms Whose Central Business Is Providing Individual Account Shares of a Group