Trading fee: the amount charged each time a buy or sell is made in an investment account.
Wouldn’t it be nice to save some money by reducing trading fees a bit? Yes, we think so too. At Sound, we do things a little differently than others in our industry. We want all fees, management and trading, to be as transparent as possible so that you can clearly understand how much you are paying for your investments.
Therefore, we are pleased to announce that Raymond James is lowering your trading fees, in some cases to $0. In your advisory account, trades for equities, ETFs, and options now cost $0. This means that when we rebalance your account, when buying or selling stocks and ETFs on your behalf, it will not cost you anything extra.
This is very good news. We may make changes to your account to take advantage of this. So, don’t be surprised when you see a few more trades take place than normal.
As always, we appreciate the trust that you place in us!