PLEASE ANSWER ASAP! Which of the following statements are true about brokerage firms? (Select all that apply.) a. Full-service brokers do not provide any investment advices to their clients
b. Most people hire money managers as they provide the best services
c. Typically brokerage firms charge customers a commission, a fee for carrying out transactions.
d. All types of brokerage firms charge the same amount of fee per transaction
e. Discount brokers offer a reduced level of service, lower costs, and often the ability to make your trades yourself online.

C and E.

Explanation:

Brokerage Firms are those firms that acts an a middlemen between the buyer and a seller to expedite a transaction. It is a financial institutions that ease the buying and selling of securities. These companies also charge a amount of fee or compensation on the completion of transactions. A brokerage firm is also known as brokerage company or brokerage.

There are three types of brokerage firms. They are:

The discount brokerage provides less comprehensive services than the traditional one or the full-service brokerage. These services are provided via online as well by discount brokerage.

So, from the given options the correct options are C and E.

answer; (10%) commission;