Charles Schwab UK, a foreign branch office of US-based Charles Schwab & Co, is in discussions with "institutions" about new equities ratings and research tools, which could mean new tools for IFAs for use with their investment clients.
For now, however, they will remain targeted at direct retail customers of CSUK itself, to make investing in US stocks easier. Schwab Equity Ratings (SER) is a free tool to any client opening an Schwab trading account, while the Street Smart Pro (SSP) tool is available to those carrying out more than four trades every month. On the face of it, the latter tool looks more interesting to IFAs, enabling research into equities before placing orders – including American Depository Receipts and Exchange Traded Funds. It also enables investors to learn more about risk managment and implemen...
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