How Much Have Schwab’s Fee And Service Charges Increased?

51.75
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ETFC
E*TRADE Financial

According to our estimates, Fee and Service Charges account for almost 15% of Schwab’s value. Over the past few years, Fee and Service Charges have increased by 21% annually. Most of this growth has been driven by a rise in advisor management fees and mutual fund service fees. Moreover, the company introduced sweep deposit accounts (accounts with the functionality to transfer customer deposit balances to and from a FDIC insured account) during the period, which helped it add additional $23 million to its Fee and Service Charges.

fee

Have more questions about E-Trade Financial? See the links below:

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com

2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for E-Trade

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