Do you go for the ease of having everything in one account or do you base it on where you can get the lowest commissions?
I opt to go for any free trades possible, so most of my holdings will be with Loyal3. I've been looking to pick up shares of PG, JNJ, ABBV, and XOM, which trade for very lost cost through ComputerShare. However, ComputerShare gets you on the back-end with $25 market order sales or $15 batch order sales, but that shouldn't be much of a problem for buy-and-hold. Thankfully, these stocks' dividend-reinvestment fees are paid by the companies (phew).
My experience with ComputerShare has been a bitter one, however, since my company's ESPP is held there. As usual, there's the $25 market order sale, and they charge an additional ~$15 for transfer of sale to a bank account O_O. Though I could not find the fee anywhere on Google, I've been told that they charge $50 for a transfer to another brokerage.
Does anyone else use ComputerShare for investing and could offer some advice on using them for additional investing?
I opt to go for any free trades possible, so most of my holdings will be with Loyal3. I've been looking to pick up shares of PG, JNJ, ABBV, and XOM, which trade for very lost cost through ComputerShare. However, ComputerShare gets you on the back-end with $25 market order sales or $15 batch order sales, but that shouldn't be much of a problem for buy-and-hold. Thankfully, these stocks' dividend-reinvestment fees are paid by the companies (phew).
My experience with ComputerShare has been a bitter one, however, since my company's ESPP is held there. As usual, there's the $25 market order sale, and they charge an additional ~$15 for transfer of sale to a bank account O_O. Though I could not find the fee anywhere on Google, I've been told that they charge $50 for a transfer to another brokerage.
Does anyone else use ComputerShare for investing and could offer some advice on using them for additional investing?