Need a new "Broker"

[NutBucket]

I forgot what brokerage house I used to use but they started charging account maintenance fees. Then I moved my stuff to E*Trade but now they're charging a $25 quarterly fee. I don't play with stocks much these days so I just need somewhere for them to sit while the market hopefully recovers. This isn't a huge amount by any means; maybe about $1250 worth or so.

Online or B&M, doesn't really matter to me. Thanks

 

[waylman]

where are you from?
edit: im guessing anaheim from the sig. I know a good broker in van.

 

[NutBucket]

SoCal

 

[DaveSimmons]

You could cash out and buy i-bonds or an INGDirect account.

 

[NutBucket]

Originally posted by: DaveSimmons
You could cash out and buy i-bonds or an INGDirect account.

Eh. I'm fairly confident my Intel stock will recover. Its down about 30% but I don't consider it high risk.

 

[amnesiac]

Your best bet is an online brokerage service.
A personal broker usually charges from $25-100 for a trade, plus they really, REALLY don't give a sh1t about your puny $1250 account, to be honest.

I have $12,000 in my account and my broker pretty much ignores me. In fact, anything less than $50K should be handled yourself.

 

[NutBucket]

Originally posted by: amnesiac
Your best bet is an online brokerage service.
A personal broker usually charges from $25-100 for a trade, plus they really, REALLY don't give a sh1t about your puny $1250 account, to be honest.

I have $12,000 in my account and my broker pretty much ignores me. In fact, anything less than $50K should be handled yourself.

I don't care if its online or not. Its these account maintenance fees that are pissing me off. These are just stocks I play around with. Retirement stuff is completely seperate.

 

[manly]

Actually, ETrade has been doing that BS for a long time now. If I weren't such a lazy fsck, I'd ditch them.

So how does this work; you have to pay for a stock certificate from ETrade, then transfer that to the next brokerage?

 

[NutBucket]

Originally posted by: manly
Actually, ETrade has been doing that BS for a long time now. If I weren't such a lazy fsck, I'd ditch them.

So how does this work; you have to pay for a stock certificate from ETrade, then transfer that to the next brokerage?

You just have to open an account with another firm/website and initiate a transfer from your new broker. Course, the first step is finding a broker.

 

[manly]

Most of the following brokerages probably also impose account maintenance fees if you aren't actively trading or meet a net value treshold, but you can start here:
http://www.gomez.com/main.aspx?m=5&s=2&tc=3

LMK if you find a winner.