I'm someone who has never purchased stocks/shares, and only has a fuzzy idea of how brokers work. But I'm looking to invest money in stocks/shares.
So this is a question about what about a brokerage firm will do for me; presumably a "full brokerage" firm. Since a discount brokerage will not do much of anything research wise.
I'm located in India, but my question is quite general, because I don't suppose that brokers vary so much internationally. However, if you have specific information about India, please do feel free to mention it.
Let's suppose that I am interested in finding out detailed information about a particular company. I'm talking primarily about raw data, not analysis (though analysis might be of interest too). Would a broker have such information, including historical information about the company? And suppose the broker didn't have this information, would they be willing to get it for me? I imagine collecting together information for a given company could be a lot of work on my own. And I imagine a broker might have detailed information about some companies that was of interest to them, but clearly not all companies.
Also, let's suppose I want access to information that the broker has. Could I just create an account with the broker to get that information, without actually engaging in any trades with that broker? Say, if I think the brokerage charges are too high, and I can do better elsewhere...
Or perhaps the most likely scenario is that the broker would be willing to help me out in proportion to how much money they are making for me?