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... are, however, drawbacks to the online brokerage houses. For one, they run their business through a server, and servers are prone to break down (FoolU website). It is not a likely scenario, but one might find him or herself in desperate need of trading or buying when their brokerage server is down. Another downside to the websites is that human error comes into play. Instead of telling an individual what you want, you are typing your request online, and a small mistake could lead to one purchasing a lot more, or a lot less of what they originally intended.
We have explored the pros and cons of the discount brokerage houses, and now it is time to do the same with the established “stock brokers.” Investing through them was the predominant way of executing trades before the Internet revolution. They were essentially one’s only gateway to Wall Street. As previously mentioned, things have changed dramatically with the new technologies available. The professional stockbrokers have found themselves losing lots of business, but there is still an advantage to using them.
Stockbrokers, like the Wall Street analysts on television, are very informed about the markets. They can custom fit one’s investment according to their goals (short term growth, long term ...

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