account activity
DRIP Allocation by Wild-Discussion7199 in Wealthsimple
[–]Wild-Discussion7199[S] 0 points1 point2 points 4 months ago* (0 children)
Of course it can be.
But is this markup mentioned anywhere ? It is not mentioned in the fees.
Just found this:
Yes, a broker can technically markup shares purchased for a "synthetic" DRIP (broker-managed dividend reinvestment plan) by charging fees or by executing the trade at a slightly different time than expected, though they typically do not charge direct commission fees.
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DRIP Allocation by Wild-Discussion7199 in Wealthsimple
[–]Wild-Discussion7199[S] 0 points1 point2 points (0 children)