The rise of financial service firms through mergers and the consolidation of brokerage companies has given consumers access to better financial services.

Question

Quizplus · Accepted Answer

The statement is true. The consolidation of brokerage companies and the rise of financial service firms through mergers have resulted in economies of scale and increased efficiency, which has led to better financial services being offered to consumers.

The Rise of Financial Service Firms Through Mergers and the Consolidation