3 ms·
Fidelity has a similar program. I've only gotten a handful of small allocations over several years. In general, if the IPO allocation for a new company filters
by ProjectArcturis 5y ago
Fidelity has a similar program. I've only gotten a handful of small allocations over several years. In general, if the IPO allocation for a new company filters down to retail investors, it's because the big boys took a look at it and didn't want it.
- altadoon 5y agoFidelity's program is incredibly different. https://www.fidelity.com/customer-service/how-to-participate-in-an-ipo https://www.fidelity.com/customer-service/how-to-participate... You need to have $100,000 or $500,000 in household assets and be a Premium or Private Client Group customer. This is still cutting off a majority of retail investors from investing in IPOs before they hit the exchange. Other than having a Robinhood account, there appears to be no other stipulations to qualify.