by Zack Miller on March 1, 2011
Looking for a way to make a quick buck? Well, TradeKing, a startup online broker is willing to pay you and a friend $100 each if you refer him on over to open an account. TradeKing’s Refer a Friend is targeting current account holders and incentivizing them to bring in new account holders. $200 is [...]
by Zack Miller on November 14, 2010
While markets continue to confound individual investors as they sit on their hands pondering what to do next, active investors continue to trade and trade a lot. Perhaps that’s why Interactive Brokers ($IBKR) disclosed a tender offer for more than 6% of Tradestation ($TRAD) stock. And it seems to be a good match for a [...]
This post originally appeared on my new site all about investing in the age of social media, Tradestreaming. If you haven’t checked it out, you should. Sign up for the free newsletter as well. ********* There’s been a lot of speculation about what or what not Merrill Lynch (now owned by Bank of United States [...]
by Zack Miller on May 24, 2010
It’s always a good idea to check out what’s being advertised to see what the financial product firms are pushing. Some of this is horse-leading-the-cart stuff, but sometimes financial products are developed based on demand for such things. Looking at advertising in the financial industry is a momentum-driven way to look at trends — today’s, [...]
TD Ameritrade CEO on Forbes. Won’t say yes to E*Trade but won’t say no, either.
Cake Financial made analyzing stock portfolios fun and enriching. I’ve written about the startup on a variety of occasions (see here and here) and generally liked how Cake approached their business. By providing login information to trading accounts, Cake users received enhanced performance metrics and idea generation for current and future investments. Cake had downsized [...]
by Zack Miller on June 15, 2009
It’s been a truism that the secret to runaway success in technology has always been in platform building. I learned about the intricacies of building platform leadership from a book by the same name, “Platform Leadership” which I read during my MBA. The book by Gawer and Cusumano detailed how Cisco, Intel and Microsoft drove [...]
by Zack Miller on June 9, 2009
Full(er) Service and DIY Investing: Investor Fork in the Road There is no doubt we are witnessing a wholesale exodus of assets out of full-service brokers like Merrill Lynch and Smith Barney. These assets seem to be finding two very different types of homes: boutique investment advisory houses: Built by brokers/advisors who themselves have defected [...]
by Zack Miller on July 23, 2008
“Fire your broker!” How many of us remember those ads of yore that implored brokerage clients to fire their wirehouse broker and move over to Schwab (SCHW)? They are indelibly imprinted on my brain, anyway. What’s more is that the message as definitely driven the direction of the brokerage business over the past couple decades. [...]