BNET Business Dictionary
Business Definition for: Discount Broker
- a broker who charges relatively low fees because he or she provides restricted services
Additional Resources
- Scottrade moves to take custody of advisers; Discount broker makes bold bid to fill Ameritrade void.(News)
- Byline: Brooke Southall Scottrade Inc. is entering the asset custody business, and some observers like the deep-discount broker's prospects. "I would bet all day long on Scottrade becoming a [successful] custodian,'' said Charles &q ...
- Research articles 2006-09-18
- San Diego Area Discount Broker Named Among Nation's Best. (Originated from The Orange County Register, Calif.)
- LA JOLLA, Calif.--Oct. 15--Think discount broker and one name comes to mind. And it isn't Jack White. But then, Charles Schwab, the man who introduced cut-rate investing, never served in the U.S. Army alongside "The King." LA JOLLA, Calif.--Oct. 15--Think discount broker and one name comes...
- Research articles 1994-10-16
- Jack White Discount Broker Not the Biggest, But Called One of Best. (Originated from The Orange County Register, Calif.)
- LA JOLLA, Calif.--Oct. 17--Think discount broker and one name comes to mind. And it isn't Jack White. But then, Charles Schwab, the man who introduced cut-rate investing, never served in the U.S. Army alongside "The King." LA JOLLA, Calif.--Oct. 17--Think discount broker and one name comes...
- Research articles 1994-10-17
- Charles Schwab Corp. parties like it's 1999; Discount broker posts its best quarterly results since the dot-com days.(News)
- Byline: Brooke Southall SAN FRANCISCO - The Charles Schwab Corp. has posted its hottest results since the dot-com era. The discount broker gathered $28.1 billion in net new assets during the three months ended March 31,...
- Research articles 2006-04-24
- Boston-Based Veteran Discount Broker Brings New Meaning to the Term. (Originated from Philadelphia Inquirer)
- May 15--Stockbroker George A. Brown used to get angry whenever a competitor would publish an advertisement showing that Brown's prices were higher. Not any more. Brown, a 19-year veteran of the discount-stock trade, is bringing new meaning to the term discount broker. Starting June 1, ...
- Research articles 1994-05-15
- SmartMoney Names TradeKing Top Discount Broker; Low Commissions, Responsive Customer Service and ''Easy-to-Navigate'' Trading Earn Praise in Magazine's Annual Survey of Online Brokers
- BOCA RATON, Fla. -- SmartMoney, The Wall Street Journal Magazine, has named TradeKing the industry's "top discount broker" in its annual survey of online brokers, which appeared in the magazine's just released August 2006 issue. This award marks the third time in six months that TradeKing earned high marks in...
- Research articles 2006-07-13
- DISCOUNT BROKER EXPANDS.
- Charles Schwab & Co., the large U.S. discount broker, which opened its San Juan office in May 1994, has opened a second office, in Mayaguez, to serve clients in the western region. Schwab now serves some 1,500 investor accounts with more than US$100 million in client assets,...
- Research articles 1996-06-01
- Coming Soon: The Discount Broker for Commercial Space
- Discount and real estate broker are two concepts that rarely go together, but a new study predicts that this will not always be the case. In addition to the rise of discount brokerages, one should see a number of other changes ahead for the commercial real estate industry: More brokers...
- White papers 2001-07-18
- Schwab's strategic partners dis-Trust arrangement; Battered broker keeping rich clients in-house; advisers take biz elsewhere.(Company Business and Marketing)
- Ron Roge is concerned. Almost one year ago, Charles Schwab & Co., the discount broker to which the investment adviser had been sending all of his business, bought U.S. Trust Corp., a money management firm he considers a competitor. Fearing tha Ron Roge...
- Research articles 2001-04-23
- Discount Broker Opens Chinese-Language Office in Silicon Valley.(Originated from San Jose Mercury News, Calif.)
- MILPITAS, Calif.--Jul. 17--Silicon Valley clients of discount brokerage Charles Schwab reportedly boast a higher level of investment activity than clients anywhere else in the country. And the company's Chinese-language Website is said to generate MILPITAS, Calif.--Jul. 17--Silicon Valley clients of discount brokerage...
- Research articles 1997-07-17
- Siebert to Buy California Discount Broker Retail Accounts
- NEW YORK--BUSINESS WIRE--Nov. 2, 1998--Siebert Financial Corp. (NASDAQ: SIEB) today announced that its national discount brokerage subsidiary, Muriel Siebert & Co., Inc., has signed a letter of intent to purchase the retail customer accounts of Donald K. Cowles and of Cowles, Sabol & Co., Inc. of Encino, CA. The acquisition...
- Research articles 1998-11-02
- SmartMoney™ Ranks ETRADE the #1 Online Broker
- NEW YORK -- E*TRADE FINANCIAL Corp. (NASDAQ: ETFC) today announced SmartMoney Magazine has ranked E*TRADE Securities the #1 Online Discount Broker with high scores across five categories. The 16th annual Broker Survey, which appears in the June 2008 issue of the magazine, rigorously analyzed the offerings and performance of sixteen...
- Research articles 2008-06-03
- SmartMoneyâ?¢ Ranks E*TRADE the #1 Online Broker
- NEW YORK -- E*TRADE FINANCIAL Corp. (NASDAQ: ETFC) today announced SmartMoney Magazine has ranked E*TRADE Securities the #1 Online Discount Broker with high scores across five categories. The 17th...
- Research articles 2009-05-18
- Discount broker Bull & Bear to award customers American Airlines advantage miles with every trade
- NEW YORK--BUSINESS WIRE--Nov. 1, 1995--Bull & Bear Securities announced today that it will award its discount brokerage customers American Airlines AAdvantage miles with every trade.
- Research articles 1995-11-01
- "Low touch", but no soft touch; Discount share trading.(Brokers can still make money. But not from brokerage)
- Brokers can still make money. But not from brokerage WITH the Dow Jones Industrial Average passing 12,000 for the first time this week, middlemen should be as happy as investors. When shares do well, people trade them more. Indeed, 2006 is already the most ...
- Research articles 2006-10-21
- Choose the right discount broker
- READERS seeking to sign up with a discount stockbroker always ask for the name of a "good one." Well, there are dozens of good ones among the hundreds in business today, so how doI answer that question? Do I conduct a survey of two or three dozen...
- Research articles 2007-09-07
- Discount Brokerage Firms Raise Customer Fees.
- By Jeff Ostrowski, The Palm Beach Post, Fla. Knight Ridder/Tribune Business News Jun. 25--Beleaguered investors can't catch a break. Even as the markets' malaise continues, many stockbrokers have hiked the fees they charge customers. Charles Schwab, Quick & Reilly,...
- Research articles 2002-06-25
- Former New Jersey Executive Files Bias Suit against Discount Brokerage.
- Knight Ridder/Tribune Business News Aug. 17 -- A senior executive who says she was fired as a vice president in Charles Schwab's Jersey City office for cursing, has sued the discount broker for gender discrimination. In a lawsuit filed last week in...
- Research articles 1999-08-17
- Class-Action Suit Sought Against Florida Discount Broker.(Originated from St. Petersburg Times, Fla.)
- TAMPA, Fla.--Jun. 23--Investors who say Olde Discount Corp.'s widely advertised "commission-less" trading hid fat profits for the company went to federal court Friday to make their claims on behalf of all Olde customers who participated in the program. Tampa lawyer Guy...
- Research articles 1997-06-23
- SmartMoney Ranks Firstrade as a Top Online Discount Broker in 15th Annual Survey
- Firstrade Securities, the award-winning, online brokerage firm, has once again earned high industry accolades, the latest as one of the top online discount brokers in the 15th annual SmartMoney survey, conducted by one of the nation's most highly regarded financial publications, SmartMoney Magazine. Firstrade garnered a third place ranking...
- Research articles 2007-07-26
