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5 Things Your Online Broker Won't Tell You |
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Secret #5: If you’re account is worth it, brokers will negotiate fees.
Stockbrokers have always given high-asset-value accounts perks. And many of today’s online brokers are no different.
Some will negotiate commissions with you if you have substantial assets or if you trade very frequently. Others will negotiate fees.
When asked whether he’d consider waiving Zecco’s $30 annual IRA fee, Zecco President Michael Feser said, “We’ll always work with a customer. I’ll do what it takes to keep their business.”
For more tips on how to find a broker that’s right for you, check out the Broker Center at InvestorPlace.com.




