Not exact matches
Using a data on the portfolio
holdings and trades of a sample of 41,039 individual investors (with demographics)
at a large U.S.
discount brokerage house during 1991 - 1996, they conclude that: Keep Reading
While the management fees of ETPs trend down, so do trading costs — many
discount brokerages now offer commission - free trading of a large selection of ETPs if
held in the account for
at least 30 days.
Investors will be eligible for
discounts based on the combined amount of
brokerage assets
held at LPL that are invested in MFO - eligible mutual funds.
Not only does an investor avoid
brokerage fees, but companies sometimes offer shares
at a
discount for investors who are enrolled in DRIPs because companies often want to
hold on to their cash.
If you believe there are cumulative quantity
discount eligible shares that can be combined with your current purchase to achieve a sales charge breakpoint (for example, shares
held in a different broker - dealer's
brokerage account or with a bank or an investment advisor), it is your responsibility to specifically identify those shares to your financial advisor
at the time of your purchase (including
at the time of any future purchase).