ST. LOUIS--Sept. 19, 2006--Scottrade, a leading branch-supported online brokerage, announces the opening of a new branch office, in Melbourne, Fla. The branch, located at 1527 W. New Haven Ave. in the Shoppes of West Melbourne, opens Sept. 25.
Rick Ward, who previously managed Scottrade's branch office in Vero Beach, will manage the new office.
"We chose the new branch office for its centralized location in Melbourne as well as its proximity to Route 192," Ward said. "Being located directly across form the Melbourne Square Mall and only five minutes from Route 95 makes it a convenient and visible location for our customers."
Previously, Scottrade customers in Brevard County were served through branch offices in Vero Beach and Winter Park.
"I am honored to have opened the Vero Beach branch in 1999, and now the Melbourne branch," Ward said. "We are grateful to our clients for having supported us so strongly to allow for this continued growth."
Across the state of Florida, Scottrade has 23 other branch locations, several of which were opened in the past year. Scottrade has additional plans for expansion in Florida, with offices planned for Boynton Beach, Ocala and Miami.
"Although we are an online broker, our customers appreciate the level of customer service they receive at their local branches," said Rodger Riney, Scottrade president and CEO. "With our new office in Melbourne, we're making it even more convenient for our customers who live and work in the area."
The Melbourne branch will be open from 8:30 a.m. to 5 p.m. and can be reached at 321-736-6711.
About Scottrade
Scottrade is a leader in online investing and is currently ranked Highest in Investor Satisfaction with Online Trading Services by J.D. Power and Associates (www.jdpower.com). The October 2005 announcement was the sixth consecutive time Scottrade has received the honor.
The firm serves individual investors who are comfortable making their own investment decisions. Scottrade is unique in the industry because it boasts very low commission rates while offering easily accessible, local branch office support of online trading in 279 locations nationwide. Scottrade.com is the online trading site of Scottrade and offers customers the convenience of placing orders online for just $7 per trade. In addition to its online capabilities, Scottrade staffs each branch location with a licensed branch manager plus additional brokers and assistants.
