Mutual Funds
Mutual Funds or Mutual Fund companies as the name implies, are companies that manage and sell Mutual Funds. An example of these would be Vanguard, TrowePrice, and Fidelity. Mutual Funds…
Registered Investment Advisors
Registered Investment Advisors: Those can work at full service brokerage firms and hence are to be considered the same as brokers. There are those who are independent and are basically…
Financial Advisors
A typical Financial Adviser or a Broker normally works for a full service brokerage firms (Merrill Lynch, Morgan Stanley, Edward Jones, American Express, and many other firms you may or…
Discount Brokerage Firms
These are brokerage firms for the do-it yourself investor. Unlike full service firms, they don’t employ commission-based brokers and do not offer investment advice. Discount brokers or discount stock brokers…