yalo

I think the text is confusing on this topic, well completely confusing to be totally honest. I may be completely wrong, but isn't "client direct brokerage" just brokerage that is going right back into the client's pocket in the form of benefits and execution services. I suppose it would not be fair to take other client brokerage and use it to benefit the client directed account.

That's the way I think of it. I might be completely wrong on it though.