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Why ETF sponsors are ponying up big fees to get on Schwab's ETF OneSource in a bid for access to ticket-averse RIAs

Direxion hands over much of its management fee to Schwab, its CEO says, but the rewards are worth the sacrifice

Thursday, October 9, 2014 – 6:25 PM by Lisa Shidler
Admin:
no description available
Brian Jacobs: It's a substantial portion of our management fee. It's not coming out of clients' pockets. There's no cost to the clients. They're getting a good deal.


Pete Giza

Pete Giza

November 2, 2019 — 6:36 PM
Lisa, You have to love the chaos being generated by these disruptive changes! The door of opportunity is rarely opened on such a scale. I haven't been so excited about technology innovation for a long time. Pete Pete Giza | CPO | AdvisorPeak Inc
brooke southall

brooke southall

November 2, 2019 — 7:19 PM
Spoken like an entrepreneur who can see the whole playing field. -Brooke

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