discount brokers vs full-service brokers

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Wondering whether you should invest with a discount brokerage firm or a full-service firm? This presentation outlines what you can expect from both discount brokers and full-service brokers.

TRANSCRIPT

Page 1: Discount Brokers vs Full-Service Brokers

Mullooly Asset Management PodcastJuly 24, 2013

Mullooly Asset Management July 2013

Page 2: Discount Brokers vs Full-Service Brokers

Full-Service BrokersHigh commissions

Fees

Expect high net-worth clients

Research?

Initial Public Offerings?

Limited selection of funds to buy

Mullooly Asset Management July 2013

Page 3: Discount Brokers vs Full-Service Brokers

Discount BrokersLow (or no) commissions

Many of the “service oriented” items are free

No minimums to invest

Research!

Even some initial public offerings

No limitations on what funds you can buy

Mullooly Asset Management July 2013

Page 4: Discount Brokers vs Full-Service Brokers

None of the securities mentioned in this (or any) podcast or video represent past specific recommendations of Mullooly Asset Management.

This video is NOT a recommendation to buy or sell any of the securities mentioned here.

If you’re relying on a podcast for investment advice, you are likely making a huge mistake.

We strongly urge our listeners to consult with their investment advisor before they make a decision to buy or sell any investment.

Mullooly Asset Management July 2013

Page 5: Discount Brokers vs Full-Service Brokers

Mullooly Asset Management, LLC

support (at) mullooly (dot) net  

  732-223-9000  

www.mullooly.net

Mullooly Asset Management July 2013