Which of the following most accurately describes the difference between a

discount broker and a full-service broker?

O

A. Discount brokers can only buy and sell common stocks

O

B. Discount brokers don't give investment advice or do stock market

analysis

O

C. Discount brokers pay taxes on a smaller percentage of their

earnings

O

D. Discount brokers get reduced prices on shares for their larger

customers

B. Discount brokers don't give investment advice or do stock market analysis

Explanation:

Discount brokers are stockbrokers who carry out buy ad sell orders at a reduced commission rate; that is to say, they just execute orders for their clients and do not provide investment advice or perform analysis on a client's behalf. However, full-service brokers are licensed financial broker-dealers that provide more services to their clients. Those services include research and advice, retirement planning, tax tips, and more.

B. Discount brokers don't give investment advice or do stock market analysis.

Explanation:

Because they don't?