Discount brokerage firms change with the times. And as the landscape surrounding discount brokerages continues to evolve, following technological and financial forces, you have to keep up with discount brokerage houses to be able to make the best presentations and know what your competitors are doing. The online discount brokerage industry should be followed closely so that you can remain competitive and land the big contracts.
Follow the trends that are affecting online discount brokers in a variety of ways. Read discount broker publications that can keep you updated with news and information. Subscribe to white papers and discount stock brokerage articles. Take advantage of discount brokering trade groups that keep members apprised of news and trends. Look for discount brokers news and trends in a number of ways.
1. Get email alerts and online discount brokerage newsletters
2. Participate in associations for discount brokerage firms
3. Subscribe to magazines for discount brokerage houses
Get news alerts on discount brokerage firmsSet up a separate email account to get email alerts, RSS feeds and industry newsletters that will send you news as it happens, the latest trend pieces and information about what the major industry players are up to. Check this email daily so you don't miss out on important news.
Join discount stock brokerage groupsAssociation with other professionals in the same field will provide you with an inside track to news, often before it hits the press. Get involved with your trade association and take advantage of the networking opportunities to develop relationships as well as the group's newsletters and communication vehicles.
Read about the latest online discount brokerage newsTake time to read in-depth reports and magazines that cover the industry further than the headlines. Often the best information that can help drive your own business decisions comes from investigative reporting and research articles that take a deeper look into industry issues.
- Encourage your staff to read publications and websites that can bring even more news about brokerage services. Make it fun by giving a prize to the team member who comes up with the best news tidbit each month.