Fee based w/online trading
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Jan 31, 2006 1:53 am
Does anyone know of an independent B/D that offers a fee based account which allows clients to trade through their advisor OR online by themselves? I have heard that Morgan Stanley's choice platform offers this but have yet to see it anywhere else?
Thanks,
Dr J.
UBS used to offer that. In my experience nobody used the online trading capability, though.
H&R Block Financial Advisors has the “Wealth Management
Account”. It is a fee based account and allows the client to
place trades online or through their broker. The broker gets
paid the same either way.