bosco
Full time employment: Posting here.
- Joined
- Jul 10, 2005
- Messages
- 987
Somebody brought it up a few weeks ago.
I'm trying to figure out where to roll over a 401a and 457 into an IRA.
I had ruled out Vanguard because the brokerage fees aren't competitive, and I'd like to have more available than their funds (some of which are closed). Would like to be able to purchase ETFs. I don't have $1,000,000 that I can put with Vanguard at this time.
Fidelity looked good--cheap rates, ETFs available, but mutual funds not on their NTF (no transaction fee list) were expensive.
But Wellstrade seems to have up to 100 free trades per year, and this includes any no-load mutuals. The minumum is only $25,000 to get this level of service. 100 trades is plenty for me, I would mostly just do annual rebalancing--probably 10-15 trades/year.
What am I missing? Anybody used it, and are they happy with it? I already have a Wells Fargo checking account. Once I officially resume my residency in Canada (next fall), I will have difficulty transferring custodians, so I need to be sure that where I put it is where it can stay.
I'm trying to figure out where to roll over a 401a and 457 into an IRA.
I had ruled out Vanguard because the brokerage fees aren't competitive, and I'd like to have more available than their funds (some of which are closed). Would like to be able to purchase ETFs. I don't have $1,000,000 that I can put with Vanguard at this time.
Fidelity looked good--cheap rates, ETFs available, but mutual funds not on their NTF (no transaction fee list) were expensive.
But Wellstrade seems to have up to 100 free trades per year, and this includes any no-load mutuals. The minumum is only $25,000 to get this level of service. 100 trades is plenty for me, I would mostly just do annual rebalancing--probably 10-15 trades/year.
What am I missing? Anybody used it, and are they happy with it? I already have a Wells Fargo checking account. Once I officially resume my residency in Canada (next fall), I will have difficulty transferring custodians, so I need to be sure that where I put it is where it can stay.