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HOW THE ONLINE BROKERS STACK UP.

Authors :
HUANG, NELLIE S.
Source :
Kiplinger Personal Finance. Oct2023, Vol. 77 Issue 10, p18-26. 8p. 4 Color Photographs, 1 Chart.
Publication Year :
2023

Abstract

Only one firm, Robinhood, offers a sweep account for uninvested cash to earn interest (as much as 4.65% for premium Gold customers; 1.5% for non- Gold customers). Half the firms, including E*Trade, Fidelity, J.P. Morgan, Merrill Edge and Schwab, have an enhanced tier of service that allows customers to talk to a human being if necessary - in many cases, a certified financial planner. The firm lets its customers buy fractional shares in thousands of stocks and 3,125 ETFs for as little as $1. We tried to figure out how much accessible research was available to investors at each firm - from in-depth reports by analysts who pore over balance sheets and income statements and talk with company executives to easy-to-decipher technical and quantitative research. [Extracted from the article]

Details

Language :
English
ISSN :
15289729
Volume :
77
Issue :
10
Database :
Academic Search Index
Journal :
Kiplinger Personal Finance
Publication Type :
Periodical
Accession number :
170074882