Not all brokers are able to automatically deposit dividends to your bank account. See how to do it at one broker.
A generous new account bonus and free trades make Merrill Edge a great discount broker for holding ETFs. Package deal with Bank of America gives you free checking with no ATM fee and higher credit card rewards.
Review online investment management services by Wealthfront, Betterment, and Personal Capital. How do these compare with a target date fund from Vanguard?
Many brokerage firms such as TD Ameritrade, E*Trade, Fidelity, and Merrill Edge offer a bonus if you transfer your brokerage account to them.
If you buy ETFs, you need a brokerage account. In the old days, one way discount brokers made money was by paying you less on your idle cash in the sweep account. Vanguard paid the highest rate on its money market funds. Others paid less. In the low interest rate world, this difference went away. […]
You learn so many things if you pay close attention. On my recent brokerage account switch from Wells Fargo to TD Ameritrade, I noticed this in my transaction history: Transfer of security from First Clearing Who’s First Clearing? I thought I was transferring from Wells Fargo Advisors. It turns out that my account had been […]
By moving my brokerage account from Wells Fargo to TD Ameritrade, I earned a signup bonus from TD Ameritrade, but I also had to pay a $95 account closeout fee to Wells Fargo. I could’ve left the minimum amount necessary to keep the Wells Fargo account open and free, but because the signup bonus more […]
I’m following the lead from my own post Huge Bonus Offers From Brokers: Fidelity, Schwab, TD Ameritrade, ETrade, Merrill Edge. Although I’m satisfied with the service of WellsTrade brokerage account provided by Wells Fargo Advisors, the huge bonus offered by its competitors is just too good to pass up. I moved my brokerage account from […]
I’m done with my taxes. I mailed the returns last week. With taxable investments and selling stocks from vested RSUs and ESPP purchases, it can get complicated. Any help from the mutual fund companies and brokerage firms would be welcome. In this post I will review the 1099 packages I received from different companies — […]
When people start investing outside their 401k or 403b plan for the first time, their very first question is often "Which broker?" The answer should be "You don’t need one." Vanguard is a great choice for beginning investors (and seasoned investors!), but Vanguard is not a broker. It’s a mutual fund company. Vanguard has a […]