Discretionary broking: related pages

Execution only

A low cost stock broking service that does not include any advice or portfolio management but simply buying and selling securities.

Advisory broking

Stockbroking services that offer investors advice from a stockbroker but where trades are only made on the client's instructions.

Churning

Trading more often benefits a client, usually in order to inflate commissions.

Private client broking

Broking services offered to private individuals. These do to offer the access to research typically offered with the services offered to institutional clients.

Sell side analyst

An analyst (usually employed by a stockbroker) who writes detailed investment research that is circulated to clients.

Buy-side analyst

An analyst who works for an institutional investor such as a fund management company, usually producing research for internal use rather than publication.