What is a Brokerage and How Does It Work (Types, Definitions, Examples)?
Peak Frameworks
AUGUST 24, 2023
There are different types of brokerages, each offering varying levels of service: Full-service brokerages provide a range of services including investment advice, research, and retirement planning, such as Merrill Lynch. A brokerage is a firm that connects buyers and sellers to facilitate a transaction. If a match is found (i.e.,
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