Who should trade with full-service brokers?

First-time traders or beginners or occasional traders/investors can open an account with full-service brokers. The reason is that these brokerage firms advise their clients on how, where and when to invest their money.

They also have professional experts who manage the client portfolio (PMS) to create wealth.

Investors looking for a one-stop shop to park their money in diversified investment products such as mutual funds, debentures, fixed deposits, bonds, and insurance products can approach full-service brokers.