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I think you're going to be quite OK for a while at least, it looks like the current e-trade CEO would end up running the E-Trade unit inside of Morgan Stanley a
by awinder 7y ago
I think you're going to be quite OK for a while at least, it looks like the current e-trade CEO would end up running the E-Trade unit inside of Morgan Stanley at least for a while. If they ever merged e-trade accounts into Morgan Stanley, I'm sure it'd be a no/low-touch thing, they'd be risking too much to make all those e-trade accounts liable to churn.
Totally my opinion but I'd stay away from the upstarts like M1 & Robinhood (saying this as a current M1 customer). With free trades from e-trade / schwab / td / etc. it just doesn't make sense anymore, and things seem to move way slower (for instance, I think M1 just today has their tax data integrations going live, but large shops have been set up for longer). I know some people like Robinhood and the stripped down interfaces but if you're already comfortable with interacting with the large-shop software (which I assume you are, going through e-trade and capital one), you're gonna get a lot more from that side of the market than the upstarts.