We'll do the research for them, send information out on the particular investment, make the trade for the customer. We can also give discounts as the discount firms do. At the discount house, people will call up and say buy me a thousand shares of XYZ stock and this is what the price is. It's all set and ready to go. That's all they do.
People receive a sizeable discount on their trades.
We're on a commissioned basis whereas I'm sure the discount firms will pay people more on a salary basis. What you're seeing is more competition. People are able to handle more of their investments themselves through the on-line services where they don't need a stockbroker. So we have to be more sophisticated as to what services we offer to clients. It's challenging everyday.