How much do you pay for your bank/stock broker to hold your shares?
My bank is charging 0.2% handling fee per quarter I wondered how this compared with other banks/securities firms. Note this is without doing any trading.
The 0.2% is based on the stock valuation.
The shares are foreign securities.
bank best answer:
Answer by Chief
I think brokers like Fidelity, TD Ameritrade, E-trade, Scottrade don't charge for holding shares. I know that two of them don't charge because I had an account.
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Statue by Bank St Moritz
Image by Atelier Teee
Bank window in St Moritz Switzerland; their offer of "nuggets" seems to have stopped the statue in its tracks.
Tenuous Link: Swiss sculpture.
Orignal From: How much do you pay for your bank/stock broker to hold your shares? and Statue by Bank St Moritz
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