What brokerage is your ROTH IRA with?

[El_Mero_Mero]

I was initially leaning towards M-1 Finance solely for setting up a ROTH IRA because of ease of use, but their name doesn't really seem to be popping like that in comparison to ETrade, Fidelity, Charles Schwab.

I figure that if they were to go under, your money is still protected, but who wants to deal with that.

So...who are you with and why?


*P.S.-Despite years of consistent work, I've never been a stable company employee, so there is no such thing as a 401-K for me (at least not at this point in my life), so that's why I feel that having a ROTH IRA is more of a reality and good decision for me.

 

[NeilCartwright]

I had one with Charles Schwab, but recently opened one with TD Ameritrade just bc I like the user interface a little better

I can’t speak to how much each brokerage charges in fees

 

[El_Mero_Mero]

Appreciate the reply. I would assume most of them have similar fees now since they want to remain competitive, but I will look into it.

What kind of penalties did you incur for closing out the Charles Schwab one early??

 

[NeilCartwright]

Appreciate the reply. I would assume most of them have similar fees now since they want to remain competitive, but I will look into it.

What kind of penalties did you incur for closing out the Charles Schwab one early??

Oh i didnt close the one with charles schwab, i just kept it open, but now instead of putting money into that one i put money into the one with TD Ameritrade. So im not really sure

 

[Skooby]

T Rowe Price and Schwab.
My current contributions go to Scwhab.

I had one with Charles Schwab, but recently opened one with TD Ameritrade just bc I like the user interface a little better

I can’t speak to how much each brokerage charges in fees

FYI, Schwab bought TD Ameritrade last year and their websites/apps should be integrated at some point in the future. Probably still a year away though...

 

[Xyrax]

Fidelity.

I might use some of the smaller brokers for personal investment accounts here and there, but your 401k and IRA are legit a huge portion of your retirement. I don't play around with those.

Fidelity is big, has good features, low fees (since they have to compete now) and they are reliable.

 

[Macallik86]

Ameritrade for me

 

[El_Mero_Mero]

Fidelity.

I might use some of the smaller brokers for personal investment accounts here and there, but your 401k and IRA are legit a huge portion of your retirement. I don't play around with those.

Fidelity is big, has good features, low fees (since they have to compete now) and they are reliable.

Appreciate it. This is the same feeling I have. I'm not gonna risk it with some company that may go with under in a few years.

 

[Masta Bruce]

Vanguard with a Roth ira
I like the low expenses and exchanging between funds.
10-30min wait times for customer service

The app is a little slow but is being updated soon.

 

[MoneyTron]

Betterment

 

[hood b. goode]

fidelity gang

 

[phcitywarrior]

Fidelity for Roth IRA, 401K and personal brokerage. Merrill Lynch for my companies stock program.

I’ll likely open a new personal brokerage with E-Trade in a bit.

 

[South Paw]

Had to roll over my traditional and roth IRA from my last job. Used fidelity due to the low fees and they have a lot of good support when I need it

 

[El_Mero_Mero]

Fidelity is getting alot of love in this thread. That's probably who I'm going to be going with.

 

[MrRDU]

I got Fidelity Roth IRA through work. I like it