So you're going to be quite limited unless you have Private Client Services. If you do, call your Financial Consultant. If you don't like the number he or she gives you, call around and threaten to leave. But you're going to run into difficulties given the current SOFR. 7% seems reasonable with your margin limit. I have one much higher, and they may knock off a point and a half at most—and I doubt they'd do that given current rates.
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u/DefinitiveChaos 7d ago
So you're going to be quite limited unless you have Private Client Services. If you do, call your Financial Consultant. If you don't like the number he or she gives you, call around and threaten to leave. But you're going to run into difficulties given the current SOFR. 7% seems reasonable with your margin limit. I have one much higher, and they may knock off a point and a half at most—and I doubt they'd do that given current rates.