Small RIA custodian launches dream crypto trading and custody-- cheap, broad and on one screen-- but will supply drive profitable demand?
Interactive Brokers lets RIAs -- even Schwab and Fidelity RIAs skimming the service -- do one screen for conventional securities and Bitcoin, Ethereum, Litecoin and Bitcoin Cash.
Author Brooke Southall October 19, 2021 at 5:55 PM
![Brian Murphy](/_next/image?url=https%3A%2F%2Fwww.gravatar.com%2Favatar.php%3Fgravatar_id%3D8108bf100f9537e33d87bc22f26ea05c%26default%3Dhttps%253A%252F%252Fucarecdn.com%252F0b5addcb-6e7e-48f1-9e88-2279491e69b9%252Fiphonelogo.png%26size%3D50&w=1200&q=75)
Brian Murphy
October 19, 2021 — 8:05 PM
To be applauded - I suspect Schwab & Fidelity will be forced to follow suit within the next six months. Hope it helps IBKR's business on the demand side!
Mentioned in this article:
Interactive Brokers
RIA-Friendly Broker-Dealer
Top Executive: Thomas Peterffy