|  |     Fidelity, Schwab and other brokers will also buy and sell no-load funds
    for investors.  The funds pay the fees associated with the
    transactions.  The number of funds available is fairly large, depending
    on your needs.  The thought is that is simplifies life to deal with one
    set of processes rather than the independent record keeping, phone
    capabilities, etc. of several different companies.
    
    Jeff
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|  |     Jack White Brokerage was selected as the choice of the litter in the
    July issue of "Smart Money."  They were compared with several other
    brokerage firms including Fidelity and Charles Schwab.  At the time
    they offered a larger selection of mutual fund companies than any
    other.  They also offer a way of trading load funds without the load.
    They match up buyers and sellers.  There is some small cost associated
    with the load fund trades, but it is much less than the load.  I
    vaguely remember something about the seller paying the fee or the bulk
    of it.
    The only personal dealing that I had with Jack White Brokerage was to
    call and request information about opening an account.  They sent it
    promptly.  I was looking for a deep discount brokerage firm.  They
    were less expensive than Fidelity and Schwab, but higher than others I
    was considering.
    If you can find a July issue of "Smart Money", it is worth reading.
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