Craig’s Investment/Forsyth Barr vs Discount Brokers

Comparing full service eg. Craig’s Investment Partners to a budget service eg. ASB Securities; what are the benefits of full service if you plan to pick stocks yourself?

Is their research better so you can find the information quicker?

What are their brokerage buy/sell costs like?

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Originally Posted by epower

Comparing full service eg. Craig’s Investment Partners to a budget service eg. ASB Securities; what are the benefits of full service if you plan to pick stocks yourself?

Is their research better so you can find the information quicker?

What are their brokerage buy/sell costs like?

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not really that much, you can get their valuation reports and flick your broker emails asking for their opinions on stuff, they will flick you their recommendations from time to time, but you don't get that much more if you plan on picking the stocks yourself.

You get morningstar reports from ASB for free.... but morningstar....

The full service brokers generally have better access to overseas securities

Bear in mind that "full service" brokers don't necessarily research all NZ companies.