IT Tech
Full-Service Firms Will Bring More Spice to Web-Trading War Investors who have invested online at discount web sites may drop their current service provider and go to a full service firm. Full service firms such as Merril Lynch, Salomon Smith Barney and Paine Webber have entered into the online web trading war. The only catch is, unlike the discount firms; the full service firms offer professional advice. The full service firms have dropped commission rates and fees for online trading. The prices are still not as low as the discount firms, but worth the price for the available advisors and their expertise. Industry analysts have suggested that a lot of the discount firms will lose a lot of business due to the recent service offerings by the big names. Merril Lynch & Co. led the way this summer by pulling in $16 billion in assets from its online trading. It accumulated those assets in the first three months of its program. A similar fee based program wi
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Some common words found in the essay are:
Lynch Co, Paine Webber, Cambridge Massachusetts, Schwab Corp, Moszkowski Nevertheless, War Investors, Smith Barney, Etrade Inc, Jupiter Communications, service firms, discount firms, web trading, Fidelity Investments, salomon smith barney, online trading, human advice, service firm, salomon smith, discount web, amount money, smith barney,
Approximate Word count = 654
Approximate Pages = 3 (250 words per page double spaced)
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