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Is Your Money with the #1 Online Broker?

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fidelity-investmentsNo surprises here as Kiplinger’s names Fidelity as the top online broker thanks to its mix of services, investing products, and retirement-planning tools. If you don’t have an account with Fidelity then you’re missing the boat.

Investors looking for the best brokerage firm need look no further, according to Kiplinger’smagazine. The results from the magazine’s annual broker survey are in, and while many firms shined in one category or another, Fidelity claimed the number one spot overall for 2016. This is the fifth time Fidelity has received this award. It previously won in 2007, 2008, 2011 and 2014.1

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Kiplinger’s survey assessed data from seven of the biggest brokers in the business: Fidelity, E*Trade, Merrill Edge, Schwab, Scottrade, TD Ameritrade and Vanguard (Kiplinger’s excluded some brokers that focus primarily on active traders and lack a full suite of investment choices and services). Results were close for many of the categories, but Fidelity edged past Merrill Edge and Schwab for first place in the survey due to its full range of retirement and advisory services, along with superior investing tools and customer service.

Another area where Fidelity muscled its way to the top of the category was in its investment choices. With a list of 3,737 no-transaction-fee funds, Fidelity beat every other broker. Other areas Fidelity took the top spot: “Best for Mutual Fund Investors” and “Best for Managing Cash.”

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.

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