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I have been pretty happy with Capital One Investing account up until they announced that they will be merging with E-Trade. I am not happy with the fee structure at E-Trade and their lack of any automatic investing plan that I could find on their site. I am also unhappy that about the fact that they will force their customers to liquidate any fractional positions as part of an automatic and mandated transfer.

Today I initiated an transfer of my assets to Charles Schwab who seems to have an automatic investing option (albeit less flexible than Capital One as it is limited to mutual funds), a competitive fee structure, and the option to work with an actual financial advisor if I choose.

Are there any other Capital One Investing customers who will changing over to a different firm instead of allowing the automated transfer to E-Trade? Where did you end up and why? Any tips for the transfer of accounts?



Submitted April 20, 2018 at 12:37PM by CWarriorX https://ift.tt/2qSSAST

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