Furthermore, there are no minimum
brokerage charges in case of this discount stock broker.
Not exact matches
Since it is only reasonable for discount
brokerages to
charge something for selling no - trailer funds, many of them levy a transaction fee
in those
cases, although some (as we'll see) simply don't offer them.
In the
case above, it is highly unreasonable (although standard practice) for a
brokerage firm to ask $ 450 to run a credit check when most mortgage companies
charge less than $ 100 for the same service (some simply bill for the cost of the credit pull $ 12).
Too many trades
in this
case can become expensive, so make sure your
brokerage does not
charge for tax loss harvesting trades before signing up.
I don't believe that there was ever any collusion, it was more a
case of a true full service
brokerage usually being able to generate, more or less, the kind of value added that was usually equal to the commission rate that they sought to
charge, and the higher commissions,
in part, contributed to the value added results.
- RE / MAX offered 100 % to agents at launch
in the 80's - Ontario government deemed employees could not get 100 % so the 95 % concept began
in mid 80's - Independent Contractor became an option for Ontario agents eliminating the employee tag
in late 80's - Court
cases established Validity of Independent Contractor Status
in early 90's and ability to offer 100 % to any independent contractor - late 90's transaction fees became optional tradeoff for commission points to agents - mid 2000's independent
brokerages (no franchise affiliation) began to
charge transaction fees only
By looking at how the
Brokerage had treated the commissions owed to the Licensees following their departure from the
Brokerage, the trial court found that the
Brokerage's own conduct supported a conclusion that no fixed policy existed:
in one
case, the
Brokerage assessed a ticket
charge;
in another, a little less than 50 % of the commission was retained;
in another, 75 % of the commission was withheld; and
in two others, 100 % of the commission was withheld.