This isn’t exactly a moon landing…

Posted by

Some news today rocked the brokerage stocks as Charles Schwab announced the launch of commission-free trading for all stocks, ETFs and options, for all customers, beginning next week. TD Ameritrade, ETrade and Schwab itself all got hammered on the stock market – down between 9 and 23% at last glance.

I did a quick thing about what this means to Schwab’s clients, as well as its RIA custodians (we are a client of theirs on the custody side)…

Subscribe to The Compound here to get these videos sent right to you.

I also commented for Investment News, read their article here:

Traders punish Schwab, TD, ETrade for move away from commissions (Investment News)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  3. Immediate Edge Review commented on Sep 22

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2019/10/01/this-isnt-exactly-a-moon-landing/ […]

  4. immediate edge scam commented on Sep 22

    … [Trackback]

    […] There you can find 49603 additional Info to that Topic: thereformedbroker.com/2019/10/01/this-isnt-exactly-a-moon-landing/ […]

  5. 먹튀폴리스 commented on Sep 26

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2019/10/01/this-isnt-exactly-a-moon-landing/ […]

  6. Mossberg Guns for Sale commented on Oct 14

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2019/10/01/this-isnt-exactly-a-moon-landing/ […]

  8. Betalt for skrotbilar Kungälv commented on Nov 20

    … [Trackback]

    […] Find More Info here on that Topic: thereformedbroker.com/2019/10/01/this-isnt-exactly-a-moon-landing/ […]

  9. entrar commented on Nov 21

    … [Trackback]

    […] There you can find 50152 more Information to that Topic: thereformedbroker.com/2019/10/01/this-isnt-exactly-a-moon-landing/ […]

  10. places that sell wigs near me commented on Dec 08

    … [Trackback]

    […] Here you can find 59960 additional Information to that Topic: thereformedbroker.com/2019/10/01/this-isnt-exactly-a-moon-landing/ […]

  11. 안전공원 commented on Dec 16

    … [Trackback]

    […] Find More Info here on that Topic: thereformedbroker.com/2019/10/01/this-isnt-exactly-a-moon-landing/ […]

  13. tangerine business account signin commented on Jan 06

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2019/10/01/this-isnt-exactly-a-moon-landing/ […]

HowIInvestMyMoney