Ok, so you’ve decided to invest — that’s great! The next question should be, where? What broker should you use? And if you’re like me, you’re addicted to your phone and the first place you’d start to invest would be from the comforts of the throne, er, I mean, the couch. Right, the couch.
With that in mind, I thought I’d go ahead and give a little tour of the different “new” brokerages that are primarily app-focused. Specifically, Robinhood, Acorns, and Stockpile. Then I’m going to compare these new comers against some old stalwarts of the brokerage world: Fidelity and Vanguard.