Tag: Schwab

Just A Few Things.

If you are an investment client of Financial Planning Associates, Inc., your preliminary 3rd quarter reports have been posted in your secure web portal. During the quarter our clients’ investment accounts increased in value by an aggregate average amount of 2.35%. Our most aggressively managed portfolio increased by 9.22% during the quarter. The average increase during the past 12 months… Read more →

Quick Note: Two Things

“Advisers at Leading Discount Brokers Win Bonuses to Push Higher-Priced Products: At Fidelity, Schwab and TD Ameritrade, employees win extra pay and other incentives to put clients in products that are more lucrative for them, and the firm.”  The headline above appeared in yesterday’s Wall Street Journal. Fidelity, Schwab, TD Ameritrade, Merrill Lynch, Edward Jones, and many of the household names… Read more →

Quick Note February 2, 2017 – Schwab Trading Costs, IRS Resources.

Schwab reduces trading costs. Many of the core holdings that we employ for the benefit of our clients are traded without commissions. However, some of the holdings that we prefer can only be traded with commissions. Schwab has now reduced their commission rate on these trades. Going forward our clients who choose electronic document delivery will pay just $6.95 to… Read more →

Schwab Tax Documents Available Feb 26

Schwab has announced that tax documents will be available February 26th. To view or download your documents (after Feb 26) follow the steps below: Go to www.fpai.net. At the top of the page, click the “Clients” link. From the drop down menu links click “Schwab Alliance Login.” If you have previously set up your login credentials, enter them, login and find your documents.… Read more →

Schwab eDelivery

Most of our client assets are held in custody by Charles Schwab & Company, a registered broker/dealer which executes trades in our client accounts per our instructions. Schwab was one of the early discount brokers, and their $8.95 transaction fee remains quite competitive today.¹ However, the discounted fee is only available to clients who have authorized electronic document delivery. Read more →