Does anyone know, approximately, how many on-line accounts are held by e-trade? I just saw a post on the USAB.com thread that I'm certain is incorrect stating that e-trade has 500,000 accounts. I thought that E-trade exceeded 1,000,000 accounts. Here is an excerpt from the post. If anyone can clarify this I'll post a response on the USAB thread. Here's the excerpt I think is incorrect.
Selected Brokers With More Than 5,000 Accountholders Online
Broker Total Online Accounts
Charles Schwab & Co. Inc. San Francisco ,CA 1,800,000
Fidelity Brokerage Services Inc. Boston, MA 1,000,000
E*Trade Group Inc. Palo Alto, CA 500,000
DLJ Direct Inc. Jersey City, NJ 470,000
Waterhouse Securities New York, NY 220,000
Ameritrade Inc. Omaha, NE 217,000
Green Line Investor Services Inc. Toronto, ON, Canada 200,000
Quick & Reilly Inc. New York, NY 135,000
Discover Brokerage Direct San Francisco, CA 125,000
Invesco Denver, CO 100,000
SureTrade New York, NY 100,000
Datek Online Iselin, NJ 90,000
CIBC Investor Services Inc. Toronto, ON, Canada 39,000
Brown & Co. Securities Corp. Boston, MA 30,000
Dreyfus Brokerage Services Inc. Los Angeles, CA 28,000
Jack White & Co. San Diego, CA 20,000
White Discount Securities San Francisco, CA 20,000
American Express Co. New York, NY 10,000
Lind-Waldock & Co. Chicago, IL 10,000
Mr. Stock Inc. San Francisco, CA 10,000
Royal Bank Action Direct Inc. Toronto, ON, Canada 6,000
CompuTel Securities San Francisco, CA 5,000
Empire Financial Group Inc. Longwood, FL 5,000
WIT Capital New York City, NY 5,000 |
