Chase broker. Spekulatius's post mentioning Chase, reminded me I forgot to comment on Chase. I get propaganda from them saying if I open a brokerage account with them and deposit so much money, I will be able to trade for 0 commisions (of course) and they will pay me to open an account, depending on how much I deposit with them. Something like $750 with $100k - can't remember the numbers, and on Fri night now, too lazy/indfferent to get actual numbers. Anyway, digging through their rules/regs, I didn't see how long I had to maintain the account, or I can't remember if I did see it. Something seemed odd to me -- to good to be true? -- so I dug even further. There is a fee, a small percentage of the account. I could not find if it was charged annually, or divided up quarterly or monthly. Well, the fee is in perpeptuity apparently. A fee like this won't fly with me! And the fact Chase is really not upfront about it -- I had to look really closely -- just increases my distaste for this kind of business dealing.
(Well, my rant now I guess -gg-) |
