Self-Directed Trading

Yes. All marginable U.S. equities and selected American Depository Receipts (ADRs) priced at $4 or more that trade either on an exchange or quotes on NASDAQ are eligible for DRIP. Dividends are reinvested on your behalf on the dividend payable date by our clearing firm. The reinvested position will reflect in whole and fractional shares. The reinvestment price will be the prevailing market price at the time the order is entered on the payable date.

We can set up your entire account so that any eligible security that you currently hold will be subject to DRIP. Any eligible securities that you purchase thereafter will be automatically enrolled in DRIP. A security will need to be enrolled for DRIP prior to the ex-dividend date in order for the dividend to be reinvested.

You can also always request individual positions in your account to be enrolled for DRIP at no charge.

You can trade the following securities:

Stocks 
ETFs 
Options (equity and index) 
Mutual Funds 
Fixed Income (corporate, agency, treasuries, municipals, strips & zeros, CDs, and new issues)

You can now request an account transfer online. Once requested, it takes generally 5 - 7 business days for us to process the request.

To sweeten the deal, we'll credit you $75 (to cover any possible account transfer fees) when you initiate an account transfer of $2,500 or more from another broker.

There's no minimum deposit required to open a self-directed brokerage cash account. Self-directed brokerage margin accounts require a $2,000 minimum deposit. Robo portfolios require a $100 initial minimum deposit. To participate in Wealth Management, we require a $100,000 minimum in assets under care. Assets under care are investments and money that will be held in your Wealth Management accounts and managed by us.