Ideal brokerage for ETF's & MF's
I need advice on which Big Bank or Online Broker is best suited for my situation.
I have Mutual Fund RSP's, scattered at 3 FI's (4 funds in RRSP @ National Bank, 4 funds in LIRSP @ National Bank, 4 funds @ CIBC, and employer stock @ Solium Capital) all worth about $180K. I want to consolidate into either low-MER Index Funds or Index ETF's. I'm mainly interested in bulk Fund transfers from above FI's initially.
Im not an active trader, will be setting up a couch potato portfolio with a 15 year horizon. I will likely open a spousal RRSP later this year, and inject a lump sum once a year. I might also engage into pre-arranged payments eventually.
My criteria is:
What do you guys think about the 2010 Globe and Mail assigning #1 ranking to Qtrade.ca?
Thanks for your advice on the several questions!
I have Mutual Fund RSP's, scattered at 3 FI's (4 funds in RRSP @ National Bank, 4 funds in LIRSP @ National Bank, 4 funds @ CIBC, and employer stock @ Solium Capital) all worth about $180K. I want to consolidate into either low-MER Index Funds or Index ETF's. I'm mainly interested in bulk Fund transfers from above FI's initially.
Im not an active trader, will be setting up a couch potato portfolio with a 15 year horizon. I will likely open a spousal RRSP later this year, and inject a lump sum once a year. I might also engage into pre-arranged payments eventually.
My criteria is:
- least hassle to join brokerage firm
- lowest/waivered fees (including currency conversion fees when buying US ETF's)
- simplest online interface
- waivered transfer fees which I assume is possible given my assets mentioned earlier.
What do you guys think about the 2010 Globe and Mail assigning #1 ranking to Qtrade.ca?
Thanks for your advice on the several questions!