Differences in Trade Execution Pricing Add Up, Even When It’s Just Pennies

Investors who ask their adviser to shop around for more efficient pricing on trades could end up with a lot more money in their retirement accounts at the end of the day.

An investor's finger traces a graph of up-and-down trading prices.
(Image credit: Getty Images)

If you discovered your retirement savings were reduced by thousands of dollars, you’d probably be upset! But many people lose significant sums of money from their retirement accounts without realizing it because of overly expensive inefficiencies in the execution of trades.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Brianna Gutierrez, Investment Adviser Representative
Director of Operations, Defined Financial Planning

As Director of Operations, Investment Adviser Representative Brianna Gutierrez applies her considerable management talents to growing the company while ensuring clients get the responsive, outstanding service they’ve come to expect. Brianna has a deep understanding of the financial planning process needed to effectively manage the day-to-day operations while working to maximize client returns.