Dear ComCam shareholders and friends
As of the middle of 2010 we surpassed 500 shareholders in our extended family. We found some shareholders new to stock purchases and wanted to share some information from a recently published 2010 Annual Broker Survey.
According to News Corp. subsidiary Dow Jones & Company through its subsidiary, SmartMoney magazine, has published its 2010 Annual Broker Survey. In the survey, SmartMoney evaluated a number of brokers, including both online discount brokers and full service firms, in the areas of Commissions & Fees, Customer Service, Trading Tools, Mutual Funds, Banking Services, and Research, as it did in the past. The evaluation is based on survey responses from brokerages in the study, consultation with research firms that follow the industry, and SmartMoney's own customer service tests.
Though the magazine didn't name a single broker as the best overall broker, it did rank the brokers studied in the survey in each of the categories mentioned above. The report acknowledged that while commissions and fees play an important role in selecting a broker (see discount broker comparison for details about broker commissions and fees), there are other factors that have to be considered as well, because "as investors focus on saving a few bucks, they might end up paying in other, less obvious ways."
List of Firms Ranked
|Charles Schwab||Just2Trade||Banc of america|