TradeStation commission rebate program for GNM clients

(February 12, 2019): Tradestation Securities, Inc. (TS), a leading broker for online traders, welcomed Green, Neuschwander & Manning, LLC (GNM) into their commission rebate program.

TS offers to pay clients of GNM a rebate on TS brokerage commissions incurred on a new TS account, up to the amount of money the client paid GNM. For example, if a client paid $1,500 to GNM for tax compliance and accounting services, TS is willing to rebate commissions to the client up to $1,500. In one scenario, the GNM client might get a rebate of 20% of commissions. If a TS client is already receiving a commission rebate in connection with another vendor, this offer does not apply – no double discounts.

Click here for a TS landing page featuring the details. There is a dedicated TS rep who will answer questions, so kindly don’t ask our GNM customer service about the TS offer.

GNM does not receive compensation from TS, and we won’t disclose client information to TS. To arrange the commission rebate, clients should provide a copy of their GNM store receipt to TS.

In the Media

While I do not day-trade (I prefer swing trading and position trading on stocks), I want to thank you for the great content and webinars that you host. In particular, I thought that Robert Green did an excellent job going through the tax issues that traders encounter including 1256, mark to mark and other provisions. Robert did an excellent job summarizing the key provisions and explaining them in a concise and understandable manner. Unlike other "so called" experts" who hype "trader tax status" and other provisions to lower taxes, Robert realistically conveys both the risks and benefits in a balanced and professional manner. In listening to the seminar, Robert's passions and enthusiasm for the topic was consistent throughout the whole seminar. Lastly, his advocacy for fair and favorable provisions for investors and traders allows him to be well informed about potential legislation/regulation and hopefully to have a positive impact on the process.

I would add that I have a Master's in Taxation from Pace University. I had the benefit of taking classes in the tax treatment of partnerships, corporations and financial instruments. More important, I wrote my thesis on the traders’ tax cases that have come out. In doing my research, I found that Robert Green's books and blog were very informative. I would highly recommend that traders listening to the call to purchase his materials and review the blog. While I cannot personally attest to the quality of Robert's consultations and preparation f tax returns, I believe that Robert has a good understanding of the key issues. Lastly, I would mention it is important to for traders to use a specialist tax accountant who has expertise and experience in this area, and not utilize a "generalist."

PB, CFA 09/17/2014