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Scottrade Established in Scottsdale, Ariz., in 1980, Scottrade relocated its headquarters to St. Louis, Mo., in 1982 and began branching out across the country promoting deeply discounted commissions placed via the telephone through a broker. In the fall of 1996, Scottrade introduced online trading at Scottrade.com to its already substantial customer base. Scottrade allows individual investors to conveniently, comfortably and cost-efficiently place trades online, while offering the service and added assurance of 188 branch offices. The company, created to provide premium service with deeply discounted commissions, currently maintains more than 870,000 individual accounts. On average, Scottrade executes more than 35,000 online trades each day. Team Founded and staffed by financial and technology experts, Scottrade provides a certified, skilled environment for individuals to receive trading information and execute trades, both online and offline. Scottrade consists of more than 900 employees nationwide, including over 275 at the headquarters. Company founder, President and CEO Rodger O. Riney, and Scottrade employees work together to continue the tradition of excellent customer service and support. Scottrade.com Scottrade.com offers online customers all the popular site features presented in a straightforward, fast-loading environment. The site is designed to give customers all the information they desire in order to make an informed trade decision, while eliminating distracting or slow-loading graphics and JavaScript applications. Investing Scottrade provides online trading to customers through the firm’s trading site, Scottrade.com. Customers can trade stocks online for $7, with unlimited shares on market orders. Prices vary on other methods of trading at Scottrade, which includes touch-tone phone, wireless trading or broker-assisted trades at one of 188 branch locations. Option accounts are also available. As a deep discount brokerage, Scottrade does not provide investment advice. Technology The firm’s technology provides fast trade executions and immediate account updates of balances and positions. Scottrade provides electronic trade confirmations and monthly statements, which are faster and more convenient than waiting for traditional mail. And, electronic trade confirmations are an environmentally responsible alternative to mail confirms. Security Account protection is highly regarded at Scottrade. A member of the Securities Investor Protection Corporation, Scottrade’s accounts each carry $25,000,000 in account protection – including a cash equivalent of $1 million*. The Web site is also secure, featuring 128-bit encryption for the highest level of online security. Products and Services Financial Services: Scottrade provides no-fee IRA’s (Roth, Traditional and Coverdell), all with no annual or set-up fees. Investors are also offered 8,900 Individual Mutual Funds with no transaction fees, Municipal Bonds and competitive rates on CDs, FDIC insured. Customer Service: Scottrade offers easily accessible, local and personal branch support. An NASD Series 24 licensed branch manager staffs each office, as well as additional brokers and assistants. Scottrade provides customers with one of the highest ratios of brokers to daily trades in the online brokerage industry. Market Information: Designed to give timely market information, Scottrade.com enables customers to make researched and quickly executed purchases. The site also offers many useful features, including FREE real-time streaming quotes and charts, FREE Dow Jones Real-Time News for Investors, access to premium Standard & Poor’s Research, insider trading information and market commentary. * The Securities Investor Protection Corporation (SIPC) insures each customer up to $500,000 with a maximum of $100,000 in cash. Scottrade has purchased an additional $24.5 million in coverage for each customer account with an additional $900,000 in cash. Member, SIPC Scottrade.com (Opens New Window) Source: Scottrade
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