Scottrade Inc. said it is opening a branch office in Hoboken, N.J.
The St. Louis investment company said Tuesday that it would open the office Monday. The office is to be managed by John Yang who has been a broker for Scottrade in Brooklyn and Flushing, N.Y.
Scottrade, an online investment firm, does not offer investment advice in its branches, but stock brokers are available in branch offices to answer account-related questions, provide customer service, and give tutorials on its online trading services.
The Hoboken branch will be Scottrade's 14th in New Jersey. It has 375 branches nationwide.
