Large brokerage houses spend a lot on marketing the investments they sell — and for better or worse it flat out works. (sunwesttrust.com)
Previously, Jack was CEO of Index Futures Group, SVP for Nikko Securities, Japan's second largest brokerage house; SVP for Credit Agricole Futures and Commerzbank Futures, divisions of the 17th and 25th largest banks in the world respectively. (cnbc.com)
IPOs are offered in bulk or wholesale if you will to a very limited number of very large brokerage houses and funds. (money.stackexchange.com)