Portfolio management — exactly the same as execution-only brokerage?

No. There's a clear distinction between comprehensive wealth-management and investment advisory services (which involve a decision or recommendation) and simple execution-only order services with no advisory role. Each type is classified differently based on the actual role provided to the client.

If your company offers more than one kind of financial service, it's important to separate these activities in the accounting records from the start. At RASEEKH, we help you determine the right classification for each service line individually.