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Commission Recapture Success

Traders Magazine, September 2000

Howard J. Schwartz

We have found that the success of a commission recapture program is enhanced when the broker, consultant and investment manager work together to serve their common client -the investor.

Commission recapture is institutional discount brokerage. It works by returning commission dollars directly to the investment end-user - the pension plan or fund that ultimately pays the commission. And that reduces transaction costs.

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