February 2013
Beginner
288 pages
6h 31m
English
Under this arrangement the broker will give you investment advice, but the decision on whether to buy or sell rests with you. The broker will not take any investment decisions without your authority.
Roughly one-quarter of UK investors have opened these ‘dealing with advice’ accounts. This is the more traditional stock-broking service in which the broker knows the client sufficiently well for meaningful discussion of ideas and strategies. It allows the investor to test ideas with someone who is in touch with the market full-time. Also, broker reports on companies or sectors, newsletters or market reviews may be sent to clients as well as tax advice and portfolio valuation.
The advisory service costs more ...
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