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Resolved Question: Standard rates for brokerage commissions and how to get fee guidelines? (Answers: 3) (Comments: 3)
Feb 4, 2012 - If you have a brokerage account, what is the standard rate of commission for your broker to take for different deals? I have power of attorney over my parent's account and have found the broker (Morgan Stanley Smith Barney) charges high fees. For a $30,000 stock purchase, the fees have ranged from 450 to 900 dollars. The higher was charged prior to my complaint and then the fee was reduced to a "preferential rate" of 30% discount, although once or twice it was a 50% discount. I also asked...



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