Our firm uses Interactive Brokers for client accounts. This article explains some of the reasons why, but misses the most important. For example, IB offers their Stock Yield Enhancement Program (SYEP) which serves to reduce our client net annual expense ratios by about 0.2-0.8% depending upon market rates. Additionally, our clients benefit from the tiered pricing which is so inexpensive that daily rebalancing of portfolios can occur to take advantage of quick, steep declines in any particular asset class or holding, creating efficient opportunities to add returns to portfolios. Contact us to discuss further and find out if an account with our firm is best for you.
Interactive Brokers vs. Fidelity
December 12, 2016|