The retail brokerage business in the U.S. has become entirely a game about scale: It’s dominated by a handful of very large firms that have devoted themselves to delivering services cheaply.
Trading platforms like Coinbase and Robinhood are rushing to offer all things to all customers—from stocks to crypto to ...
Interactive Brokers now lets eligible clients fund brokerage accounts with stablecoins, offering 24/7 deposits and faster ...
The retail brokerage and wealth management industry is looking strong, but also facing continued downward pressure on profit margins. A new report from Fitch Ratings highlights that pre-tax profit ...
Brokerage firms can look forward to a rebate of a portion of the member fees they paid in 2024 to Finra, the industry’s self-regulatory organization. Last year, Finra recorded a roughly $50 million ...
Cash has been king, but the shine is coming off the crown as the Fed cuts rates and brokerage firms lower what they pay investors on their idle dollars. Cash has been king ever since the Fed began ...
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often ...
Brokerage firms could lose up to $30 billion a year in fees if asset managers pursue a dual-class share structure that would add an exchange-traded fund option to existing mutual fund offerings, ...