brokerassisted

Brokerassisted refers to a service where a human broker guides and assists an individual through the process of trading securities or other financial instruments. This service is often contrasted with online self-directed trading platforms, where individuals manage their own trades without direct human intervention.

In a brokerassisted model, clients typically have a dedicated broker who can provide personalized advice, research, and execute trades on their behalf. This can be particularly beneficial for investors who are less experienced, have complex investment needs, or prefer to delegate the trading process to a professional. The broker can offer insights into market conditions, suggest investment strategies, and help manage risk.

The services offered can vary widely. Some brokers may only execute trades as instructed by the client, while others act as financial advisors, offering comprehensive portfolio management. Fees for brokerassisted services can differ, often involving commissions on trades, annual management fees, or a combination of both. This model allows for a more hands-on approach to investing, catering to clients who value expertise and personalized support in their financial endeavors.