Discount brokers typically provide personal investment advice as well as executing trades.

Question

Quizplus · Accepted Answer

Discount brokers generally do not provide personal investment advice, as they typically charge lower fees and offer fewer services than full-service brokers. They primarily focus on executing trades for their clients. However, some discount brokers may offer educational resources or tools to help clients make informed investment decisions on their own.

Discount Brokers Typically Provide Personal Investment Advice as Well as Executing