Full-Service Broker

A full-service broker handles "everything," including trades in currency, bonds, and options. They are the opposite of brokers that specialize in specific bonds or trades or brokers that just fill orders.

Full-service brokers are paid by commission, and in addition to handling trades, they offer advice and sympathy if your investments tank. They might even offer a cup of tea or a shoulder to cry on... only for their best clients, of course.

Find other enlightening terms in Shmoop Finance Genius Bar(f)