What of the following most accurately describes the difference between a discount broker and a full- service broker?

A discount broker primarily executes trades for clients at lower fees but offers minimal investment advice or personalized services. In contrast, a full-service broker provides comprehensive financial services, including investment advice, portfolio management, and other financial planning, but typically charges higher commissions and fees for these services. Essentially, the choice between the two depends on the level of guidance and support an investor desires.