What are you trying to accomplish. Generally, full-service brokerages may charge a fee based on the size of the investment portfolio, a commission on a specified transaction, or a combination of the two. Fees range from less than 1 percent to 3 percent of account value. Commissions charged on a specific stock trade, meanwhile, depend on the number of shares traded and the dollar value of the transaction. At Schwab and others of the discount genre, costs for on-line trades are trending downward.
Investors can even do retirement or tax planning.
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