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Essay Archive - The Investment Industry
The Investment Industry
The investment industry is composed of a wide variety of firms. The
main players include independent full line brokerage firms, investment bank
subsidiaries of chartered banks, and discount brokers. Independent full line
brokerage firms offer a wide range of services, including underwriting, trading
of stocks, advice and research. In essence, the full service brokerage
subsidiaries of chartered banks offer the same services, however, banks'
brokerage firms may have a larger pre-established clientele. Finally, the
discount brokers are basic stock brokers that perform trades for clients who do
not want investmen....
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