Share Builder/Capital One conversion to E-trade

[Deleted]

<sup>I own a few shares of Costco and General Electric that I bought through Share Builder, which was later acquired by Capital One.  My total portfolio is about $5000. 

Now Capital One is off-loading the shares to E-trade.  I sold my partial shares like a good girl.  (The alternative was Capital One would sell them by a certain date).  Now I am wondering if I should transfer the full shares to Vanguard, where I already have retirement accounts.

Any advice?</sup>  

[simser]

I’m debating about doing that. I left etrade to consolidate all my banking on one page. Etrades banking is terrible, and I don’t really like their interface. So, I would transfer shares if I already had another account elsewhere.

I’m really unhappy about this move. It completely took away the only reason I invested (easy to get shares when I couldn’t buy whole shares), and I’m not sure how to get back on track. Price is also an issue.

[phil5185]

Now I am wondering if I should transfer the full shares to Vanguard, where I already have retirement accounts.

Definitely. When you add up the annual costs, the 'share builder' type accounts are expensive compared to Vanguard or Fidelity. You can open a taxable account at Vanguard and keep your shares there - and add to it whenever you want - or set up a payroll deduction to automatically add shares.