Recommend me an all-electronic brokerage to put my retirement accounts.

[fuzzybabybunny]

I'm sick of Fidelity. I've got a ROTH IRA and Self-Employed 401(k) with them.

Their back end is horribly designed and I can never find the info that I want, such as total contributions I've made to a plan since inception. It's just an eyesore.

Additionally, they only take Self-Employed 401(k) contributions via physical check.

Can anyone recommend a 100% online brokerage that can take any and all contributions electronically? And of course with good trading rates and all that.

 

[KB]

The fidelity website is easy to use. To see total contributions just open your specific 401k plan by clicking it. Then choose the transaction tab and set a custom date range of your whole plan range.

If you want another brokerage there are tons. Sharebuilder, scottrade, interactive brokers, etrade. I can only vouch for sharebuilder and I think it's a good broker with low trading fees. It's mutual funds have high fees though.

 

[Thump553]

Better look at what sort of fees are involved in the transfer-most brokerage houses gouge you pretty good for transferring a regular account (not sure if they can or do do this on IRAs). OTOH a lot of brokerage houses bonus you the transfer fees incurred when you bring the new account in.

I use Scottrade for regular account but never looked into their IRA or 401(k) setups. Scottrade is cheap, accurate and easy to use website.

 

[fuzzybabybunny]

The fidelity website is easy to use. To see total contributions just open your specific 401k plan by clicking it. Then choose the transaction tab and set a custom date range of your whole plan range.

If you want another brokerage there are tons. Sharebuilder, scottrade, interactive brokers, etrade. I can only vouch for sharebuilder and I think it's a good broker with low trading fees. It's mutual funds have high fees though.

I don't have that Transaction Tab.

I just don't. I can only see my quarterly statements or yearly statements.

 

[brianmanahan]

i was gonna say Vanguard because they are pretty simple and have low fees/ERs, and ive never had to send anything in for my brokerage account or roth IRA there. but i dont have an individual 401k w/ them so dont know if that has different requirements.

 

[fuzzybabybunny]

i was gonna say Vanguard because they are pretty simple and have low fees/ERs, and ive never had to send anything in for my brokerage account or roth IRA there. but i dont have an individual 401k w/ them so dont know if that has different requirements.

I just talked to a Vanguard Business specialist on the phone and asked them about the individual 401(k).

She said that they absolutely take electronic transfers for the 401(k) and in fact prefer it. All of there accounts accept electronic transfers.

So... I guess the question is should I stay with Fidelity or just transfer everything to another brokerage? Like I said, I'm really sick of Fidelity's UI.

Maybe it's just my account, but it is absolutely NOT easy to use. I don't have the options for a Tranactions tab as a previous poster mentioned.

There's also a consolidated "Full View" available from Fidelity and it just doesn't show ANY of my account history. The site's just patently broken.

 

[sze5003]

Vanguard will be the lowest cost, I transfered my 401k when I worked for the state to Vanguard and all I had to do was fill out a piece of paper with account numbers and give it to their representatives.

They do take transactions online and their website is getting better, they are constantly changing things for better user experiences.

You can also set up your brokerage account with Vanguard. Actually, everything will be vieweable under one page. It used to be separate accounts a while back. But now everything is combined.

 

[Markbnj]

I've had a good experience with TD Ameritrade. Nice interface, great reporting at tax time. Just seems to work well.

 

[mrjminer]

I just talked to a Vanguard Business specialist on the phone and asked them about the individual 401(k).

She said that they absolutely take electronic transfers for the 401(k) and in fact prefer it. All of there accounts accept electronic transfers.

So... I guess the question is should I stay with Fidelity or just transfer everything to another brokerage? Like I said, I'm really sick of Fidelity's UI.

Maybe it's just my account, but it is absolutely NOT easy to use. I don't have the options for a Tranactions tab as a previous poster mentioned.

There's also a consolidated "Full View" available from Fidelity and it just doesn't show ANY of my account history. The site's just patently broken.

Try different browsers?