I have mine spread out in Vanguard, E*trade and fidelity and wish to consolidate for ease of use. Looking for the best one. If you have preference, please describe why! Thank you! #personalfinance #investments
Schwab: best margin provided, no 4x daily limit like etrade, 40c option trading, free trades when adding money to the account. Only drawback is UI sucks
I’m in the process of moving as much as I can to Fidelity to simplify things.
Fidelity or Schwab. I hold vanguard ETFs at Fidelity. Switched from Vanguard several years ago.
Why’d you switch to Fidelity if holding Vanguard ETFs? I know they’re not mutually exclusive.
Vanguard customer service, app and website suck. I had been with them for a long time and switching to another fund would incur large capital gains and taxes. So I decided to keep Vanguard funds but switch to Fidelity as my brokerage provider. They have great customer service, decent app & site, support for fractional shares, allow HSA accounts, and allow a checking like account (cash management). It's now a near "one and done" shop for me, including their 2% rewards credit card. Pretty much with the exception of my 401k account and RSU accounts (both of which I can't control who the brokerage selected is) and mortgage, almost all my financial needs are met by Fidelity at this time. I do have a credit union account where they don't require any direct deposit or minimum balance. It's useful for depositing cash since Fidelity cash management doesn't allow depositing cash. Most times that account have a $5 balance to keep open. Otherwise almost everything is at Fidelity including bill pay, check writing and debit/ATM cards.
Interactive brokers.
Not seeing Robinhood here worries me
They’re not supposed to be… amateur
The sole reason I am stuck with Robin Hood is because it lets me to do a recurring buy of ETF every week. Yesterday I called up Fidelity and asked them if they would let me do that. Fidelity does not let me invest in ETFs on a recurring basis and even the recurring basis on mutual funds is monthly and not weekly