What's Up at Firms?Commented on: 7 years ago (September 16, 2008)
Even fee based reps feel the pressure. A rep's average ROA decreases every year. Why? Because of pricing pressure. I used to get 2 1/4% gross on a ML Consults account 6 years ago. Now I'm...
What's Up at Firms?Commented on: 7 years ago (June 5, 2008)
Fido Pas. There are two versions one with Fido funds exclusively and another with a mixture. Even in the mixed one, 50% are Fido Funds. Fees start at 1.1% and go lower as assets...
What's Up at Firms?Commented on: 7 years ago (April 18, 2008)
Your sentiments about TD are right on the money. But I would add two more reasons not to join TD. 1.) The clients are mostly stock traders who view TDA as nothing more than a second rate provider...
What's Up at Firms?Commented on: 8 years ago (October 26, 2007)
Dear Merrill Brokers,
Welcome to Wachovia Securities. Stan said you'd be happier here. Now start calling those maturing cd clients!
GeneralCommented on: 8 years ago (September 13, 2007)
Any word on the Merrill Settlement?