Brokerage Window

  

You know it as a “self-directed option.”

A brokerage window is the term for when a 401(k) plan allows an employee to use the company’s broker to trade stocks, rather than being beholden to how The Man invests His money.

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Finance: What is a Full-Service Broker?3 Views

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Finance a la shmoop what is a full-service broker? full-service

00:08

"everything" close relative of the bulge bracket remember those guys want

00:14

to trade stocks here at this full service brokerage well you got it [Clipboard appears with checklist]

00:18

how about trading some bonds yep need investment advice hoo you bet we got rap

00:23

accounts here too does it have to be good advice well it's different gonna

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retire well they'll suggest Goodyear or fire stone or Michelin if they're you

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know socialist and European gonna quit working and play golf all day well then [Man playing golf]

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a full service broker has advice for that as well want tax planning yep

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referrals to other professionals like estate planning lawyers and that kind of

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stuff got a kid heading to college in a decade all right well it's time to talk

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529 savings plan got a grandparent dying soon whoo time to talk IRA distributions

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and charity need Warriors tickets yeah what well they're full service they just

01:02

build they'll charge you for it but they're full full something [State Warriors basketball team playing a game]

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