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Well they get fees on it so what do they care?

• paxys 1y ago
  They only get fees if you use their wealth management services. You can open an account and start trading stocks/ETFs for free, and they get nothing.
  • bix6 1y ago
    Not true. They get payment for order flow, spread capture, cash sweep, securities lending, etc.
    • paxys 1y ago
      None of which has anything to do with their AUM
      • bix6 1y ago
        Sure AUC what’s up with all the nitting sheesh!!!