Transactions involving buying and selling securities are conducted through stockbrokers, who are also known as account executives or financial consultants. When choosing a stockbroker, investors have three primary options: full$-$service brokers, discount brokers, and online brokers.

Brokers who offer a complete array of services such as advisory services along with executing client's transactions are called

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While some brokers still operate exclusively in person or online, the distinction between the three types has become increasingly $q,$ over the years. The chart that follows shows fees imposed by different discount brokers; as you can see, $q,$ of them offer both online and brokerassisted trades.