05-13-2015, 06:31 PM
So I have BP in several different accounts with 3 different brokers.
My Merrill Edge acct does not automatically reinvest, it is an option, which it automatically cashes out, have set the DRIP plan for DRIP.
Called Merrill Edge and was told in order to DRIP I have to call every quarter and have it done manually.
I put the question to M.E. and they dont have a clear explanation as to why this is other than that is the way BP does it. TD does not do it this way nor my other broker.
I know this is confusing to put in type.
Does anyone have this kind of trouble??
My Merrill Edge acct does not automatically reinvest, it is an option, which it automatically cashes out, have set the DRIP plan for DRIP.
Called Merrill Edge and was told in order to DRIP I have to call every quarter and have it done manually.
I put the question to M.E. and they dont have a clear explanation as to why this is other than that is the way BP does it. TD does not do it this way nor my other broker.
I know this is confusing to put in type.
Does anyone have this kind of trouble??