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Essay text:
He rents an apartment and is in no hurry to purchase a home. Deborah holds an MBA in finance, is married to a physician and hopes to start a family soon. Peter is leaning towards a bare-bones online broker with low cost per trades. Currently, they are offering free trades. Deborah is more of a blue chip stocks, mutual fund type of gal. Both decide to research a number of brokerage firms and investment advisors.
Questions/Answers
A. There are several brokerage firms for a person to chose from. I looked at four: Merril
Lynch, Smith Barney (Citigroup), Charles Schwab and E*Trade Financial. All of these
firms provide general investment services, asset management and all of them have
different costs assocaited and different investment requirements...
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