In a move the company says is motivated by sharing the benefits of scale, Charles Schwab will reduce trading costs and fees, while also eliminating minimums and introducing a new money-back guarantee.
Talking about what’s “normal” in politics is always fraught with subjectivity. So let’s tackle the concept by talking about something totally different: exchange-traded funds.
It would be a mistake to assume that most individual investors today are out of equities. Instead, small investors adapted rather well to the new market reality.
Forty-five percent of advisors plan to increase their allocations to ETFs, and nearly a third expect to boost allocations to passive investment products as a result of the DOL rule, Cerulli research shows.