USAA Promotions: Mutual Funds, Brokerage, IRA Accounts
4 stars based on
Subscribe to our other newsletters. All index data provided on a 15 minute delay. If you change your mind, here's how to allow notifications:. Stay in the loop! Get breaking news alerts on your desktop. When prompted, click "Allow" you can always change your mind later. Search The Web Search Aol. Consumer Reports ranks brokers: It's a reflection of the world in which we live: ATMs over bank tellers.
Drive-through over counter service. And discount brokerages over their more expensive, full-service competitors. Consumer Reports usaa brokerage free trades released its annual survey of stock brokerage firms. Even though half of respondents said their investments plummeted, most were relatively happy with the advice and service they got from their brokers. But those who used discount brokers were "considerably more satisfied" versus those using full-service brokers. Available only to current and former military personnel and their families, USAA ranked first, while mutual-fund company Vanguard ranked No.
Merrill Lynch ranked at number 17, while Morgan Stanley finished at Ameriprise ranked number 16 and Wachovia ranked The rankings are based on a survey of 8, online subscribers by the Consumer Reports National Research Center between January and January usaa brokerage free trades The top score possible isusaa brokerage free trades means completely satisfied. A score of 80 means very satisfied on average, while 60 means fairly well satisfied. Difference of fewer than six points are not meaningful, Consumer Reports said.
Here are the top 17, with the ranking, the broker name and their score: Edward Jones 84 4. TD Ameritrade 80 8. Rowe Price 80 9. Banc of America 75 Morgan Stanley 75 Smith Barney 74 UBS Securities 73 Tags Consumer Reports online trading. Can't get enough business news? The untold story of Rachael Ray. Home values are on the rise. Access your home's equity today! Maximize your travel rewards with these 4 cards. Don't leave money on the table! Get a cashback card.
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