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		loeg 9 days ago \| parent \| context \| favorite \| on: Vanguard's average fee is now 0.07% after biggest-... The zero commission brokers typically make most of their revenue on net interest margin. PFOF is a smaller portion.

Scoundreller 9 days ago [–]

securities lending doesn’t hurt if your clientele likes heavy short-interest-worthy meme stocks

loeg 9 days ago | [–]

Yeah I'm mostly talking about traditional discount brokerages (Fidelity, Schwab), not Robinhood.

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