![]() ![]() Fixed annuities available at Fidelity are issued by third-party insurance companies, which are not affiliated with any Fidelity Investments company. The analysis included investment grade corporate and municipal bonds only.Ĥ. ![]() the prices offered online for the same bonds from the three brokers, then averaging the differences of the financial services firms. Corporate Insight determined the average price differential by calculating the difference between the prices of matching corporate and municipal bond inventory at Fidelity, including Fidelity’s $1 per bond markup for online trades vs. The study found that, on average, the three online bond brokers were asking $15.14 more per bond. It compared municipal and corporate inventories offered online in varying quantities. The study compared online bond prices for more than 27,000 municipal and corporate inventory matches from February 4 through March 7, 2022. Fidelity commissioned Corporate Insight to study bond pricing, available online, for self-directed retail investors from three brokers (Merrill Lynch, Morgan Stanley, and Wells Fargo) that offer corporate and municipal bonds for comparison to Fidelity’s standard online pricing. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |