Key features of Schwab Bank Investor Checking include -- Schwab Bank checking account linked to a Charles Schwab brokerage account
-- Single log in online access to the Schwab Bank checking account and Charles Schwab brokerage account
-- ATM fee rebates (up to 20 or maximum of $35 per statement period) (1) -- Daily ATM withdrawals up to $2,000 -- The convenience of overdraft protection (2) -- Free online bill payment (3) -- Visa(R) Platinum Check Card -- Real-time cash transfers between brokerage and bank accounts -- Access to online check images
MILWAUKEE -- MILWAUKEE, March 20 /PRNewswire/ -- Strong Financial Corporation launched a new tool today enabling investors to open brokerage accounts
In fee-based brokerage accounts
, customers are charged an annual fee that is usually a percentage of the assets in the account with an annual minimum, rather than a commission for each transaction as in a traditional brokerage account
bank checking or savings account to a TD Waterhouse webBroker-enabled brokerage account
Schwab provides a self-directed brokerage account
option to some of the industry's most influential retirement plan providers.
For example, with the click of a mouse or a simple phone call, a customer can transfer excess cash from their checking account to their brokerage account
, where they have the opportunity to earn money market interest rates.
The board of directors still, however, encourages shareholders to order out all CIC shares held in brokerage accounts
Ironically, despite the overall shortfall in the marketplace of the full service platforms, most of the firms we talked to assured us that they did indeed offer brokerage accounts
for small businesses, even if they were nothing more than accounts designed for individual investors.
The board of directors encourages its shareholders to order out all CIC shares held in brokerage accounts
so that CIC's transfer agent may update its records to reflect the shareholders eligible to receive TTI's shares.
The down payment is eliminated by pledging eligible securities to Merrill Lynch which are held as collateral in a special brokerage account
The average employee who invested in a self-directed brokerage account
had $90,500 in the brokerage account
by the end of 2005, up from $69,300 in 2004.
As part of the rule, brokerage firms offering fee-based advice are now required to include standard disclosure in brokerage account
applications, advertisements and sales materials that reveals, among other things, that an investor's account is a "brokerage and not an advisory account," and that the investor's and broker's "interests may not always be the same.