Gemeinsames Audio

Stockbrokers also advise investors about which shares, bonds or funds they should buy. As a result, the traditional distinction between the two has blurred and is rapidly disappearing. These wealth management firms can be independent companies, but some are divisions of larger entities, such as investment or commercial banks. They earn their profits by charging fees for their advice and commissions on transactions. Also, as with fund managers, they may look after client assets and charge custody