Its decision follows a day of hints on social media that such a move was imminent.
Clients of Founders Financial paid 12b-1 fees when eligible for lower-cost shares
Three-adviser team at SecondHalf Coach is based in Latrobe, Pa.
If they follow lead of Schwab and others, profits could get dinged, according to one analyst.
When an adviser struggles to accept a compliment, it can be hurtful to the person who offered it.
The online brokerage's move to eliminate commissions is just the latest round in an intensifying, industry-wide war over fees.
Regulator says firm inaccuarately represented tax status of interest payments to clients.
Both firms use LPL Financial as their broker-dealer.
James T. Booth defrauded 40 clients of $5 million, Feds allege.
Clients of Founders Financial paid 12b-1 fees when eligible for lower-cost shares
Its decision follows a day of hints on social media that such a move was imminent.
Despite the declining number of participants, industry revenue and profit increase
If they follow lead of Schwab and others, profits could get dinged, according to one analyst.
U.S. stocks, ETFs and options will be free to trade on the platform starting next Monday.
Principles-based rule provides little detail on how to comply.
The market sees Schwab's announcement of commission-free trading as a direct hit to revenues.
Fund menus are important as financial advisers recommend clients invest HSA assets for the long term
Mutual funds and ETFs have a high public profile, but they are only a small part of the investing universe.
After seeing its stock price drop 25%, TD charges headlong into the latest low-fee battle.