I closed a non-brokerage account and in the process the guy asked me some questions about what assets I had elsewhere and asked to have an investment advisor call me to pitch me on moving everything to Schwab.
When he called, I said I have assets elsewhere because the trades are free on better ETF's (Vanguard) or for everything (Robinhood).
His response was that they 'can't compete' with Robinhood on price now but within a couple years they plan to have free trades also.
I'm not moving for the promise of them matching what I already have in a couple years but I thought that was pretty cool. The march toward free seems to be on anyway but I hadn't heard it directly from anyone other than Robinhood to date.
Submitted July 31, 2017 at 01:15PM by twoambien http://ift.tt/2vbIwbH
