>>26970543Depending on the level of wealth you have, you'll be entitled to different levels of service. Most retail banks offer the ability to invest in their investment products because they earn fees on your invested money. Talk to a retail banker on the phone or send an email and they will most likely send you a prospectus.
If you happen to have a higher level of wealth, eg 50k, a local financial adviser will likely be willing to take on your account and manage your wealth. Look for an established financial adviser with at least 20mm under management, because it indicates he's probably not an idiot and can provide personalized advice and service.
Services like etrade and robinhood also offer commission-based services to buy and sell stock, in which you pay $10 per order or on a share-by-share basis.
A lot of the punters on /biz/ claim to know about picking stocks, but a lot of professionals on the street struggle to beat the market, so take it as you will. If you're looking to grow your wealth at a steady rate with little risk, consider a mixed equity and bond portfolio with a portion invested in high-grade fixed income instruments (muni bonds, etc) and another in passive tracking the general market. If you're very risk averse, you can lock up your money in long-term credit obligations such as CD's which pay high rates of interest, but keep in mind that interest rates are currently depressed and you might be actually better waiting a few years before locking in.
Source: Work in investment management in NYC.
