Support You Can Trust
We’ll help you invest and retire the way you want.
A Focus on You
Our Investment Consultants will spend as much time with you as it takes to fully understand your needs and help determine the right solutions for you.
No Proprietary Securities
We don’t have proprietary securities and we won’t limit your investment choices. Our priority is you.
Local Investment Consultants
Visit us in branch locations all across the country to get a personalized, face-to-face interaction. Our standard is taking care of our clients.
Advice from Scottrade Investment Management
Plan your retirement with managed accounts and access to independent advisors.
Bring your most recent retirement account statement to Scottrade for a free second opinion.
We’ll help you understand whether your portfolio is on track to match your goals. At the end of our discussion, you’ll
have confirmation you’re on the right track or new ideas to help get you there.
Choices Where Others Have Limits
At Scottrade, you have access to a wide variety of investment products.
Choose from thousands of funds, including no-load and no-transaction-fee funds*
*Other fees may apply
Diversify with access to all ETFs currently trading on any exchange
Multiple Fixed Income Sources
Retirement Resources and Tools
Visit the Retirement Center to access calculators, products and other resources
Understand What You’re Paying
Get what you need to keep your investing on track at affordable, clear prices.
You pay just $6.95 for online equity trades for securities priced $1 and above
Up-Front, Clear Commissions
We don’t hide our commissions, and you’ll know what you pay right away.
Screen Investments Ahead of Time
Search and filter mutual funds and ETFs by load type and transaction fee.
Choose the Right Partner
When you consider a firm to invest with — either for your first investment account or an additional one — there are some important questions to consider before you take the plunge.
Scottrade does not offer proprietary securities. We believe offering choice and transparency into what is already available in the marketplace is most important. Contrary to many competitors, you can select solutions based solely on what’s best for you.
Scottrade does offer a bank sweep program, which provides clients with FDIC coverage on cash balances held in their brokerage accounts. Scottrade Bank is one of several banks where the cash is held. Clients may elect to use this feature in their self-directed accounts and determine for themselves if it is the right solution for their individual situation. Clients are notified of their participation in the program, and may opt out at any time.
Scottrade Investment Consultants receive base compensation and are eligible for additional compensation based on client assets and service. They do not provide and therefore do not receive compensation for individual security recommendations. If a client is suited for a referral to our registered investment advisor, Scottrade Investment Management, an Investment Consultant may be eligible for additional compensation, but the solutions presented by SIM are always based on what is right for the client and the client makes the final decision. As a fiduciary, Scottrade Investment Management always acts in a clients’ best interest.
If you are in a self-directed account, you decide how and when to rebalance, and commission costs may apply. Scottrade provides tools like the Portfolio Review Tool to help you know when to rebalance and commission-free dividend reinvestment through FRIP,* our Flexible Reinvestment Program to help you reduce your commission costs, minimizing the impact to your returns.
For clients who have been referred to a registered investment advisor through Advisor Access, the advisor would rebalance clients’ accounts as appropriate, and commissions may be charged.
For Guidance Solutions Managed Accounts, independent portfolio managers rebalance as they deem appropriate, based upon market conditions. The portfolio managers’ compensation is not based upon the number of transactions in your portfolio. Clients do not incur any additional commission costs in a Guidance Solutions managed account as a result of rebalancing; those costs are included in the overall management fee.
Scottrade’s business model continues to support the current regulatory environment and no major changes are planned. We are continually taking steps to ensure we are in compliance with all relevant regulations, and to that end, we are adding information to our website and our retirement account agreement to further clarify areas impacted by regulatory changes. We welcome these enhanced industry-wide regulations because this brings transparency to investors everywhere.
Scottrade brokerage has not been held to either standard, because we have not made securities recommendations. When the Department of Labor fiduciary rule takes effect, Scottrade brokerage will serve as a fiduciary when making recommendations to clients regarding the rollover or transfer of a retirement account.
Scottrade Investment Management, a registered investment advisor through which we offer managed accounts and referrals to registered investment advisors, will continue to be a fiduciary for all account types.
Scottrade was founded on a belief of doing the right thing for clients. Our Investment Consultants are trained to help their clients and we built our compensation structure with that goal in mind. In the future, when the fiduciary rule takes effect, we will deliver a written notice communicating that Scottrade will act in clients’ best interests when we make a recommendation regarding a rollover or transfer of retirement account assets. For non-retirement accounts, clients who use products and services from Scottrade Investment Management can be assured they are working with a fiduciary that must act in their best interests. For self-directed non-retirement accounts, Scottrade Investment Consultants are there to help you make the decisions that are right for you.
Scottrade’s Brokerage Commissions & Fees schedule can be found on this simple one-page document.
The management fee charged on Guidance Solutions Managed Accounts is inclusive of all fees charged and can be found in the Scottrade Investment Management Brochure.
Clients who are referred to a third-party registered investment advisor through Scottrade Investment Management should ask these same questions of their advisor. As a fiduciary, a registered investment advisor is required to act in their clients’ best interests.
*Only those securities considered marginable by Scottrade are eligible for purchase. Read the Flexible Reinvestment Program® Terms and Conditions for additional details.
Guidance Solutions from Scottrade Investment Management and Advisor Access from Scottrade Investment Management are investment advisory services offered by Scottrade Investment Management, Inc., a registered investment advisor. Brokerage products and services are offered through Scottrade, Inc., member FINRA / SIPC, while advisory services are provided by Scottrade Investment Management, Inc. Scottrade Investment Management, Inc. and Scottrade, Inc. are both wholly owned subsidiaries of Scottrade Financial Services, Inc. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.
Blackrock, Inc. provides certain investment management services to the Guidance Solutions from Scottrade Investment Management accounts, and is not affiliated with Scottrade Investment Management.
Standard & Poor’s Investment Advisory Services LLC (“SPIAS”) is a wholly owned subsidiary of S&P Global Inc., and a part of the S&P Global Market Intelligence division. SPIAS provides certain investment management services to the Guidance Solutions from Scottrade Investment Management accounts, and is not affiliated with Scottrade Investment Management.
Come see how Scottrade is different.
We’ll spend time with you reviewing your current situation to help you understand what
you’re paying and whether your portfolio aligns with your strategy.