Discount Brokerage Weekly roundup:
The big news this week in the world of Canadian online discount brokerages was the release of the 2012 JD Power & Associates Canadian Discount Brokerage Investor Satisfaction Survey results. With Disnat coming out on top, followed by BMO Investorline and National Bank Direct Brokerage, the survey showed that while Canadian discount brokerages are improving, they still have some catching up to do with their American discount brokerage counterparts. To read more about the ratings, click here.
Canadian Discount Brokerage Tweet of the week:
@virtual_brokers for their article on protective puts http://bit.ly/NHH70O
Event Horizon:
TD Waterhouse Discount Brokerage is planning a “trader’s expo” this weekend at the TD Waterhouse Investor Centre in Coquitlam. Details can be found here
The people have spoken:
An article about the launch earlier this month of the BMO Investorline AdviceDirect platform to assist retail investors has certainly stirred some investors up.
At the time of writing:
The top rated comment (25 points)from “TheBluesMan” : “1% is ridiculous for this arms length advice. Another cash cow for the brokerage.”
And the lowest rated comment (-4 points) from “EJJ”: “Ya, like I would listen to advice from a bankster. That’s hilarious!”