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July 2010: 'Setting Your Own Commission—35 years Later'
The financial advice business underwent a revolution 35 years ago when the US Securities & Exchange Commission abolished fixed commissions on stock transactions. “May Day,” as many still refer to May 1, 1975, the day the SEC’s order went into effect, completely changed our business and set off a chain reaction of events that shaped much of our industry today. Companies like Muriel Siebert and Charles Schwab were launched, creating the powerful discount broker subcategory.
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May 2010: 'PriceMetrix introduces market-based equity commission schedule'
Toronto-based PriceMetrix Inc. has developed a publicly available market-based commission schedule to help U.S. broker-dealers and their financial advisors determine appropriate commissions on equity trades.
The schedule is intended to make commissions more transparent for advisors and investors, and to provide a guideline for advisors when they’re determining commissions. It’s available to all firms and advisors at no cost.
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April 2010: 'Doug Trott introduces new PriceMetrix Commission Schedule on BNN's 'Market Morning'
Doug Trott, President and CEO of PriceMetrix, discusses the new PriceMetrix Equity Commission Schedule with hosts Martin Cej and Frances Horodelski on BNN's national morning show, 'Market Morning'.
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April 2010: 'PriceMetrix launches free equity commission guide'
PriceMetrix Inc. is introducing a market-based commission guide today that financial advisers can use to determine what to charge for commissions on securities trades.
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September 2009: 'PriceMetrix ValueOne Increased In Popularity'
PriceMetrix ValueOne users have fared well in what has been a tumultuous financial period filled with anxious clients and significant industry change and consolidation.
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July 2009: 'ComputerWorld Finalist: Value One Case Study'
The PriceMetrix ValueOne Program delivers a unique brand of business intelligence to help financial advisors improve the value of services they provide to their retail investor clients.
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June 2009: 'Morgan Stanley deploys ValueOne application'
PriceMetrix recently began rolling out its ValueOne brokerage-comparison application to just under 1,000 of Morgan Stanley's 7,500 advisers.
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May 2009: 'PriceMetrix launches commission tool'
Toronto-based PriceMetrix has announced the release of CommissionCheck, a tool that provides retail advisors and broker/dealers with real time market comparables to help ensure their commissions on trades are properly priced.
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May 2009: How PriceMetrix Got Its 'Big Fish'
' We took on a lot of risk to go after Morgan Stanley'
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November 2007: 'Smith Barney: Cleaning Up a Mess'
Two unappealing compensation packages give way to one generous, simple plan.
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November 2007: 'Setting the perfect price: a fool's errand?'
Are you charging too little? Knowing how much to charge in fees versus commissions can be tough for an advisor. A brief look at how to prevent under pricing your services.
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October 2007: 'Is Your Price Right?'
A select group of advisors are significantly increasing their planning fees. Here's the lowdown on unbundling and how your pricing helps or hurts your bottom line.
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October 2007: 'A Shot in the Dark - Are You Charging What You Are Worth?'
How do investment advisors decide what to charge clients for their services? Should a full-service representative base pricing for services and advice on what discount brokers charge? PriceMetrix helps advisors tap into the opportunities for increased assets and revenues.
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October 1, 2007: 'Snapshots of Five Regionals'
A brief snapshot of five not so small regional investment firms and how their pros and cons have put them in the spotlight.
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