Financial services company Raymond James announced on Monday that it will provide its registered investment advisors with transaction-free trades on stocks, exchange-traded funds and options. The move comes as other firms, including Fidelity, TD Ameritrade and Charles Schwab, move toward zero trades for consumers.
Financial services firm Raymond James announced on Monday that the independent advisors in its Investment Advisors Division will now have fee-free trades on stocks, exchange-traded funds and options.
One advisor says the change will help advisors compete as firms like Charles Schwab, Fidelity and TD Ameritrade move to zero commission trades.' independent registered investment advisors have reason to cheer.
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