Private client 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.
Discretionary broking
A stock broking service where the broker manages a portfolio and the client need have no involvement in buying and selling securities.
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.
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