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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!!!