fbpx
Home / Columns and Features / Elimination of commissions draws focus to the costs of investing (access required)

Elimination of commissions draws focus to the costs of investing (access required)

There was little fanfare on May 1, 1975, when fixed commissions were eliminated in the retail securities brokerage industry. That event, however, had a profound effect on business models and compensation practices in the decades that followed. Once brokers were free to negotiate commissions, the marketplace became more competitive and diverse. New entrants included a multitude ...

Leave a Reply

Your email address will not be published.

x

Check Also

Zach Armstrong,30, of Brighton is a financial advisor with Sage Rutty & Co.

Great Recession catalyzes career path for Sage Rutty advisor (access required)

There was little fanfare on May 1, 1975, when fixed commissions were eliminated in the retail securities brokerage industry. That ...

alfred-u-logo

Alfred University shows support for alum whose husband was jailed in China (access required)

There was little fanfare on May 1, 1975, when fixed commissions were eliminated in the retail securities brokerage industry. That ...