Merchant Merchant

What’s Merchant Building?

Matt Brinker tells Diana Briton Merchant is not an aggregator, an investment bank, or a private equity firm. So what has Merchant Investment Management been quietly building for the past three years?

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Merchant Merchant

The Race to Zero Commissions

In the last month, we have seen an old fashion pricing war between brokerage giants across the industry. Things kicked off in late September with Interactive Brokers and the introduction of IBKR Lite, followed by Schwab, TD Ameritrade, ETrade, and most recently Fidelity moving to zero commissions on all U.S. stock and exchange traded fund (“ETF”) trades.

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Merchant Merchant

Investment Advice Reform, Part One: Standard of Conduct

On June 5, 2019, the U.S. Securities and Exchange Commission (“SEC”) adopted a package of rules and interpretations primarily designed to enhance the quality of principal-agent relationships (relationship where an agent [representative] is appointed to act on behalf of a principal [client or customer]) and to assist with providing full transparency to investors.

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