Sentences with phrase «than a commissioned brokerage»

Not exact matches

It now accounts for nearly half the company's revenue, and it generates income more predictably than Schwab's commission - heavy businesses, like its self - directed brokerage, says Steven Chubak, an analyst at Nomura Instinet.
Historically, for shareholders participating in the DRIP, American Stock Transfer & Trust Company, LLC (the «Plan Agent») used cash dividends to purchase shares of NHF in the secondary market when the price of NHF's shares, plus estimated brokerage commissions, was less than NAV, or distributed newly issued common shares when the price of NHF's shares, plus estimated brokerage commissions, was equal to or greater than NAV.
The management fee is a unified fee that includes all of the operating costs and expenses of the Fund (other than taxes, charges of governmental agencies, interest, brokerage commissions incurred in connection with portfolio transactions, distribution and / or service fees payable under a plan pursuant to Rule 12b - 1 under the Investment Company Act of 1940 and extraordinary expenses), including accounting expenses, administrator, transfer agent and custodian fees, Fund legal fees and other expenses.
In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling.
We also offer more commission - free ETFs than all other Canadian online brokerages combined — that's 150 ETFs that are completely commission - free to buy and sell.
These days commissions are similar at most of the big brokerages: expect to pay $ 29 a trade if you have less than $ 50,000 in your account.
While index investors welcomed this development, the lineup of ETFs eligible for commission - free trades at all three brokerages is less than ideal.
Whatever HSBC InvestDirect's strategy is at this point, it's clear that having standard commission pricing that is lower than most of the other bank - owned brokerages will make waves with the bigger players in the pool.
For those watching the cost per trade closely, HSBC InvestDirect's new $ 9.88 commission pricing is actually lower than the standard commission pricing of most of the bank - owned brokerages except for CIBC Investor's Edge who still offers standard commission pricing at $ 6.95 per trade.
To the extent Adviser obtains brokerage and research services from a broker - dealer that it otherwise would acquire at its own expense, Adviser may have an incentive pay higher commissions than would otherwise be the case.
That said, the OP might have a higher brokerage commission for his # 350k size, but it should still be way less than any forex shop or bank will charge you.
Building an ETF portfolio like this through a big - bank discount brokerage would incur seven trading commissions totaling more than $ 200.
There is a ton of value that a good Realtor can bring, and often they save clients more than their commission amount (typically 3 % to the listing agent and 3 % to buyer's agent in my market, which is split again with the brokerage before agent's expenses are taken out).
In addition, foreign brokerage commissions, custody fees, and other costs of investing in foreign securities are generally higher than in the United States.
You hear cases that this was allegedly done so the advisor could generate more in fees than what would have been the case if these assets were placed in a traditional commissioned based brokerage account.
Standard commission pricing at Scotia iTRADE ($ 24.99 + per trade) is almost 2.5 x higher than at peer bank - owned brokerage institutions and almost 5x higher in some cases than firms such as Questrade.
Other than commission pricing, some of the other important factors that go into choosing a discount brokerage can be clustered into the following 3 categories:
Of the $ 950 you have lost in your portfolio, more than a third would have been from brokerage commissions if you have done three rebalances (12 trades at $ 29 = $ 348).
The Desjardins Online Brokerage commission credit is good for up to 6 months, a timeframe (as mentioned above) that is far longer than most other commission credits currently available.
While they were among the last of the bank - owned discount brokerages to lower their pricing under the $ 10 mark (down from $ 28.95 + per standard commission trade), Investor's Edge took things down much further than their competitors by lowering their standard commission price to $ 6.95.
This latest move by a Canadian online brokerage comes on the heels of Qtrade's announcement last week that they are lowering their standard commission price to $ 8.95 and more than 9 months since RBC Direct Investing made waves by lowering their standard trading commission price to $ 9.95.
While the majority of companies offering DRIP programs do assess commission fees for share purchases, a few charge fees that are still far lower than standard brokerage charges.
It's less than a brokerage commission, and worth more than most in educating you about the value of Facebook.
Some brokerages do offer a limited selection of commission - free ETFs, and a few independents offer trades for less than $ 10.
However, transaction costs — brokerage commissions, legal fees, land transfer taxes and so on — are higher in real estate than in securities.
Compare this with paying say, $ 25 a month in commissions to a brokerage (I pay much, much less than that).
From there, costs can vary radically by investment vehicle and between brokerages — choosing to invest in mutual funds, for example, will likely result in higher costs than stocks or commission - free ETFs.
Put simply, online trading is when a trader buys or sells financial assets using an online trading platform, rather than commissioning an individual or brokerage firm.
I interned at a brokerage in college, and I was shocked at the seedy sales tactics used by the firms, and the way brokers would steer their clients into products based on commissions rather than the client's best interests.
The investment adviser may cause the fund to pay a higher commission than otherwise obtainable from other brokers or dealers in return for brokerage or research services or products if the investment adviser believes that such commission is reasonable in relation to the services provided.
The investment adviser may cause a fund to pay a higher commission than otherwise obtainable from other brokers or dealers in return for brokerage or research services or products if the investment adviser believes that such commission is reasonable in relation to the services provided.
The Irda regulations do not allow any person other than insurance agents and insurance brokers approved by it to sell vehicle insurance policies and the maximum brokerage or commission payable for selling insurance policies is capped at 10 per cent of the premium.
Ultimately, the move toward using an employee - reduced commission model may be less about consumers» desire to save money than about brokerage companies» desire to make some.
What's more, because the fee isn't split with the sales associate, it enables the brokerage to keep commission rates lower than they otherwise would be — saving consumers money.
If you're getting advice from stockbrokers paid on commission, their greater loyalty may be to their brokerage and its products rather than you.
Good point Jim... BUT... if brokerages ideally going forward have to compete with other brokerages for only a small number of recent competent graduates per year (instead of the tumble weed - like overabundance of wide - eyed hoping - for - good - luck babes - in - the - woods minor league» rs) who are highly educated (both academically and industry related), well experienced in some kind of previous real estate related venture (other than simply as a commissioned sales person) who can also prove that they have an ethics - driven background «prior» to being allowed into real estate transaction schooling / training, then that ball falls squarely in Organized Real Estate's bureaucratic court of currently - fuzzy parameters.
If the commission listed in the BRA is greater than what THE SELLER»S BROKERAGE will pay to your brokerage, you may be on the hook for the differencBROKERAGE will pay to your brokerage, you may be on the hook for the differencbrokerage, you may be on the hook for the difference.»
Instead, the homeowner is just as likely to see an IDX version of the property listing (that Google has scraped) from a Brokerage other than the listing Brokerage, and this Brokerage may be so far away that they wouldn't show the property — even if the listing Broker offered to give up their share of the commission, also!
This same Brokerage (in its online presentation) claims that a Seller who chooses to use the MLS «mere posting» option, should be prepared to pay a Buyer's Agent a higher rate of commission than what is the case with what they (said Brokerage) claim will work when a Seller chooses to work with them using their «full service» option!
To Rod Thompson, the CREA Consent Agreement states that the offered fee to a co-operating brokerage shall not be zero as opposed to «not less than zero» which suggests that a buyer's brokerage would be amenable to paying out compensation / commission rather than collecting it.
The last example of (1.38 %) is still higher than the specific rate of commission that this particular Brokerage has named themselves after!
For example, claims like: «Have your home SOLD on the Multiple Listing Service for less than a: few thousand dollars (flat rate)...» The problem with what I know of the aforesaid kind of claim, is that the amount of money mentioned is all for the Listing Broker and doesn't include anything in respect of the: cooperating brokerages commission, or selling commission — such being the case this is a pure come - on and a play on the innocent ignorance of consumers!
On March 31 RECO laid eight charges against Parik for accepting commission or other remuneration for trading in real estate from someone other than the brokerage that employed him, as well as failing to deliver required copies of agreements to his employing brokerage.
When a home Seller is counselled to offer a lower than average amount of selling commission to a Cooperating Brokerage, are they being advised as to how this may possibly interact negatively with a prospective Buyer's «Buyer's Agency Contract», and if so, why would such a Seller agree to proceed as such — especially, if they've been made aware of any discounts that may apply to their List Price, later, as a result of extended market time?The aforesaid is fundamental to a fiduciary responsibility — yet, I believe that most Provincial Regulatory Authorities would be reluctant to prosecute such a negligent Registrant or Practitioner because the accused would hide behind the argument they were being wrongly persecuted for offering a «competitive business model»!
Is it not a brokerage that holds itself out as being as great as can be, while at the same time offering more value added than some conventional brokerages — all the while even charging a lower commission rate?
Just trying to warn (the new Canadian) entrants that heavier fines than their brokerage's and their commission could ruin the euphoria of an anticipated sale they never got.
Secondly, it may be the brokerage, rather than the agent personally, that has the ultimate obligation to collect any commission from the seller.
So, the Agents will keep on blacklisting brokerages that offer the list on mls for $ 495.00 and offer less than the «normal» commission and life goes on for Realtors.
The company's business model (which rather than commission splitting involves agents paying only low transaction and monthly fees) initially led many to dismiss Right At Home as merely a discount brokerage.
These brokerages seek to eliminate prospecting and the time it can consume, in favour of drawing new business in through offering lower rates of commission and hopefully do a higher volume of business that will more than offset lower commission levels.
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