| BUSINESSWEEK ONLINE : OCTOBER 18, 1999 ISSUE | ||||||||
| ||||||||
 | ||||||||
| FINANCE
Chasing the Big Guys TOTAL ONLINE NET
ACCOUNTS ACCOUNTS REVS.**
FIDELITY 10.8*** million 2.8 million NA
MERRILL LYNCH 8.0 million NA $21.1 billion
CHARLES SCHWAB 6.3 million 2.8 million 3.8 billion
TD WATERHOUSE 2.1 million 1.0 million 964 million
E*TRADE 1.24 million 1.24 million 515 million
NET NO. OF
INCOME* BROKERS
FIDELITY NA 6,900
MERRILL LYNCH $2.4 billion 18,500
CHARLES SCHWAB 575 million 7,000
TD WATERHOUSE 97 million 3,200
E*TRADE (63 million) 352
* 1999 Estimates
**Net revs.-- net of interest and dividends
*** Includes mutual-fund accounts
DATA: PUTNAM, LOVELL, DE GUARDIOLA & THORNTON INC.; GOLDMAN, SACHS & CO.;
U.S.BANCORP PIPER JAFFRAY; COMPANY REPORTS
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP |
|  |
 | |
RELATED ITEMS The No-Name That's Shadowing Schwab TABLE: Chasing the Big Guys INTERACT E-Mail to Business Week Online | |||
