Hacker News new | ask | show | jobs
by sharx 1610 days ago
I've heard that when you leave direct indexing you end up with all the individual stocks in your new portfolio, or you have to sell them and eat the capital gains tax. Was that your experience?
2 comments

You end up with a bunch of individual stocks in your new brokerage account. It's a pain. I separate account at etrade specifically for my "WF500" shares, and still just treat them as a single organism.
Yes that was my experience. And it sucked. I had 500 individual stocks to deal with.