Unlike the standard platform used by many financial advisors with
multiple fees and a commission management fee of 3 %, a managed account platform has just 1 fee.
Not exact matches
A previous complaint by the Competition Bureau forced the Canadian Real Estate Association to allow homeowners to list their home directly on its
Multiple Listing Service — provided they pay a flat
fee to an agent —
and to permit agents to offer bare - bones services for a lesser
commission.
In the case of individual stockpicking, an investor is confronted with
commissions and fees associated with
multiple stocks, dividend inflows, dealing with splits, acquisitions, spinoffs, etc..
Evidently, there's a race to the bottom in trading
commissions seeing as how there are new discount brokers popping up with various free / low -
fee commissions and now,
multiple large names are offering trading on ETFs they manage or have relationships with absolutely free.
To score
Commissions &
Fees, first,
multiple scenarios are assessed for equity trades, options trades,
and margin rates.
First, it's just too hard to properly account for the details; like tax basis,
fees,
commissions,
multiple tax rates at the same time (capital gains, ordinary income rates,
and dividend rates all before
and after retirement), withdrawals, contributions, etc..
The said obstacles include limited access to the asset markets by small investors, heightened bureaucracy especially when depositing or withdrawing funds,
multiple intermediaries that cost an arm
and a leg,
and high
commissions and fees levied by most industry players.