Financial Service

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• Financial Service
• Published by e1am

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• What Is The Main Parts Of Financial Services?
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• Financial services refer to the commercial
  financial services offered by the financial
  service industry. Financial services cover a wide
  array of companies that deal with money, such as
  banks, credit unions, mortgage companies, and
  credit-card firms. The financial service industry
  is a global industry which offers a variety of
  financial products and services to consumers and
  businesses. While some of these companies deal
  directly with customers, others indirectly
  provide financial products and services to help
  customers manage their finances better. A bank,
  for example, may directly provide financial
  services but may also engage in financial
  transactions for its clients, such as loan
  purchases or buying commercial real estate. If
  you are looking for more info, financial service
• There are many sub-sectors within the financial
  services industry. The most popular and fastest
  growing sector is the consumer finance services
  industry. This sub-sector provides a variety of
  financial products and services designed to
  assist the average consumer in managing his or
  her personal finances. Some examples of these
  products and services include insurance,
  investments, retirement plans, vehicles and other
  assets, as well as individual and family
  financial goods. In recent years, the financial
  services industry has grown tremendously, due
  largely to the increasing role that credit cards
  have played in people's lives. To get additional
  info, portfolio managers
• Another sub-sector within the financial services
  industry is the investment banking sector.
  Investment banks are financial institutions that
  provide a variety of financial services. Examples
  of these banks include investment securities
  companies, treasury departments, and other
  proprietary trading concerns. A number of
  financial services companies offer
  "over-the-counter" financial products and
  services such as futures and options trading,
  commodity exchanges, and other electronic and
  non-electronic commodities exchanges. The
  investment banking industry is currently the
  fastest growing sector of the financial services
  industry. To find more info, full-service
  brokerage

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• Mutual funds can also be classified by their use
  of a fund management service, where they act as
  intermediaries for investors who want to buy
  securities and then sell them to other investors.
  Common mutual funds include stocks, bonds, money
  market funds, and bond funds. Within mutual
  funds, the types of securities that can be traded
  include various stocks, bonds, commodities, and
  mutual funds themselves.
• Credit cards are an important part of financial
  services business, and are classified under the
  broader heading of "finance and banking." A major
  function of credit cards is to facilitate debt
  payment, and many credit cards operate off a cash
  advance system in which customers make payments
  when they fall behind with their payments. The
  most common use of credit cards is to make
  purchases. Other uses include giving people
  access to their bank accounts, and allowing
  companies to collect payments from customers on
  their behalf. Most banks offer a variety of
  different types of credit cards, and some of them
  operate off the same financial service model as
  other banks.
• Summary
• E1 Asset Management is a full-service brokerage
  firm. We've been serving investors for over 20
  years.
• Visit the site to learn more https//www.e1am.com
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