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re: Using Fidelity Wealth Asset Management
Posted on 3/22/24 at 8:30 am to turkish
Posted on 3/22/24 at 8:30 am to turkish
They invest in individual stocks to mimic the S&P, but gives them more control to cut out the downward moving stocks along the way and reenter at lower basis. They do have a healthy chunk ~5% in SPY though. No funds from what I can tell.
This post was edited on 3/22/24 at 8:31 am
Posted on 3/22/24 at 8:43 am to Wade Phillips
Sounds like if you buy a product through the B/D side they will charge a commission. If you strictly use the RIA then no commissions should be charged only the fee.
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