(06-04-2015, 11:33 AM)Kerim Wrote: I've been asked for brokerage recommendations, but I only use and know Vanguard, so I thought I would get ideas from you all.I used Scottrade initially, but changed to Vanguard because Scottrade's DRIP program...well it kinda sucked. Trades were $7, same as Vanguard. Vanguard has an Individual I.R.A. Brokerage account, which houses 3 mutual funds that I've owned for some time. (VTSAX, VHCOX and VTSAX) and my MMM. Vanguard also has fantastic service with phone availability Mon.-Sat. And you can't beat the mutual fund line-up.
I gather that the account will start out in the $50k to $100k range, all in a taxable account. His priorities are cheap stock trades and excellent and easy to use website/user interface. Good access to mutual funds would be a plus also.
So who do you all use and recommend?
Thanks!
On the flip side, Scottrade has brick and mortar stores in some cities. Very convenient if you want to speak to a real person face to face.
I can't see myself changing from Vanguard...ever.