Scottrade, a leading online brokerage, opened a new office in Tacoma on Monday.
The St. Louis-based companys first Tacoma branch – its 168th office – is located at 168th at 1301 A Street, Suite 103.
The office will be open from 6 a.m. to 5 p.m. Monday through Friday and will be managed by Andrew Worth.
Scottrade has a history of opening an average of two branches per month and has plans for further expansion.
Scottrade also opened a branch in Kansas City, Mo. that same day.
Scottrade also has branches Bellevue and Seattle.
Established in 1980, Scottrade (formerly Scottsdale Securities, Inc.) is a leader in online investing and is currently ranked Highest in Investor Satisfaction with Online Trading Services by J.D. Power and Associates (www.jdpower.com).
The Sept. 23 announcement was the third consecutive time Scottrade has received the honor.
The firm serves individual investors who are comfortable making their own investment decisions.
Scottrade.com is the online trading site of Scottrade and offers customers the convenience of placing trades online for just $7 per market order.
Scottrade is unique in the industry because it boasts very low commission rates while offering easily accessible, local branch office support of online trading in 166 locations nationwide.
Scottrade has always been customer focused and we are realizing significant results through our customer-centric business model, Scottrade president Rodger Riney said. Currently, nearly 50 percent of our new accounts are referred by existing Scottrade customers.
Scottrade.com is the online trading site of Scottrade and offers customers the convenience of placing market orders online for just $7 per trade.
In addition to its online capabilities, Scottrade staffs each branch location with a licensed branch manager plus additional brokers and assistants.
Customers may place trades assisted by a broker or through the firms state-of-the-art electronic order entry and account access systems.
Touchtone telephone trading is available 24 hours a day, seven days a week.
For the lowest commission rates, customers can trade stocks on the Internet at: www.scottrade.com.
Scottrades trading site offers free Dow Jones Real-Time Streaming News for Investors and real-time streaming quotes and charts.
Scottrade also offers a Chinese version of its Web site at: