This might seem odd, but please bear with me.
A lot of brokerages out there (including I think all the ones listed here on ET) have a modest starting balance (1k, 10k, 25k, etc.).
Are there brokerages that have starting balances that are much higher, say: 100k, 1M, 10M, etc.?
And if so, what would be the advantage of dealing with these firms?
For example, I know if you have a high balance with certain investment banks, you can get selected for IPO offerings. But that’s more of how much…