An increasing number of E-Trade clients of all ages and wealth levels are using digital means to research investment ideas, communicate with each other and trade. Digital reflects the client experience and is "becoming the brand, to a certain extent," Landsman said. Read more : March Madness winning bets are taxable. E-Trade President Navtej Nandra, who like Landsman was hired last May, told Reuters that about 10 percent of the company's trades are now executed through mobile and tablet devices, just behind the 12 percent of trades that rival TD Ameritrade Holdings recently said were sent through smartphones and other mobile devices.
Nandra described the firm as a "digital hybrid" that works across many platforms, including those that rely on customer service representatives and live advisers for clients who want the "human touch. Open an account. Why a custodial account? Build for the next generation You control the account until the child turns 18 or 21 depending on your state. Convenience There are no contribution or income limitations, and you can make withdrawals for any purpose without penalties. Investment choices, advice, and more You can create a vesting schedule for the plan, and your employees can borrow money against their accounts.
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