Commissions: Only a few online brokers can compete with Ally Invest’s low commission of $4.95 on the trading of stocks and exchange-traded funds. Active investors qualify for the firm’s discount ($3.95 per equity trade) by making 30 or more trades per quarter or having a balance of $100,000 or more.
A brokerage account is an account through which a stockbroker provides transactional capabilities and investment advice if—and only if—that advice is incidental to their brokerage business. It is important to understand that a brokerage account is very different from an advisory account.
Deposits at banks and most credit unions are federally insured up to a limit set by Congress. And transaction (or checking) accounts and deposit accounts offer liquidity, making it easy for you to get to your funds for any reason—from day-to-day expenses to a down payment or money for unexpected emergencies.
Access your new Merrill Edge online brokerage account anytime, anywhere—online, on your mobile device and at thousands of Bank of America ATMs. Invest with advice when you need it Invest with a licensed Merrill Edge Financial Solutions Advisor™, who can help you pursue your financial goals and plan for what matters most to you.
A brokerage account is a type of taxable account through which you can own stocks, bonds, mutual funds, ETFs, index funds, REITs, and other assets. A brokerage account is a type of taxable account through which you can own stocks, bonds, mutual funds, ETFs, index funds, REITs, and other assets.
Notice: Accounts established under the Schwab 529 College Savings Plan and their earnings are neither insured nor guaranteed by the State of Kansas, the Kansas State Treasurer, American Century Investments®, or Charles Schwab & Co., Inc. Accounts established under the Schwab 529 College Savings Plan are domiciled at American Century Investments and not Schwab.