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Blackspots
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| Number of Posts: | 4 |
| Registered on: | 6/6/2018 |
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re: Etrade acquires Capital One Investing/Sharebuilder....
Posted by Blackspots on 6/10/18 at 7:21 pm to RunningBlake
I don't know when the transfer date is, I'd imagine only CapOne and Etrade know that.
Also, I found a better place to go to, M1 Finance. Auto investing, and fractional investing. Best of all, its all free.
Also, I found a better place to go to, M1 Finance. Auto investing, and fractional investing. Best of all, its all free.
re: Etrade acquires Capital One Investing/Sharebuilder....
Posted by Blackspots on 6/8/18 at 11:23 pm to LSUtigerME
You can read this thread here, LINK It mentions that you can transfer an account to another brokerage, but that costs money (usually something like $75). It all depends if the place you are leaving (and going to) is a member of ACATS (Automated Customer Account Transfer System), CapitalOne is not. I can't tell if Stockpile is or not.
re: Etrade acquires Capital One Investing/Sharebuilder....
Posted by Blackspots on 6/8/18 at 9:09 pm to tokenBoiler
Welp, they are not
I'll be switching to Stockpile at the beginning of July, sell all my investments at CapitalOne, withdraw the money and then rebuy them at Stockpile. I don't know if they do automatic investments, but they do dividend reinvestments and fractional shares, and commission is $0.99 a share (which is effectively the same cost as ShareBuilder, considering the 12 free investments under the $12/month Advantage plan)
quote:
Starting on July 13, there will be some changes to Capital One Investing's offerings. PortfolioBuilder® will no longer be available after July 13, 2018, and the ShareBuilder® Investment Plan will not be available after July 17, 2018. These are the last days, respectively, that you can enter trades for each program.
When the ShareBuilder Investment Plan is discontinued, your purchase instructions and corresponding money transfer instructions associated with this program will be canceled. All open orders associated with this program will be canceled on July 18, 2018. If you are enrolled in the Advantage subscription program, including the Costco Advantage program, the last monthly subscription fee was charged on May 1, 2018. You will not be charged a fee for your subscription in June or July, and your subscription benefit will end on July 17, 2018.
Dividend reinvestment will no longer be available after July 17, 2018. Dividends and capital gains paid after that date will be distributed to your account in cash before your account is moved to E*TRADE.
I'll be switching to Stockpile at the beginning of July, sell all my investments at CapitalOne, withdraw the money and then rebuy them at Stockpile. I don't know if they do automatic investments, but they do dividend reinvestments and fractional shares, and commission is $0.99 a share (which is effectively the same cost as ShareBuilder, considering the 12 free investments under the $12/month Advantage plan)
re: Etrade acquires Capital One Investing/Sharebuilder....
Posted by Blackspots on 6/6/18 at 7:17 pm to Htown Tiger
I was with Sharebuilder before it was even with ING (when it was its own company as Sharebuilder). I opened my account way back in Nov/Dec 2001. I am still under the $12/mo advantage plan with 12 free trades and $1 each thereafter. I am really hoping that they keep me under this plan.
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