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by soared 558 days ago
Fidelity has innovated a ton and they have this exact product, though I don’t know the fees.

Fidelity is very much into new fintech ideas and products.. they were mining crypto very early on.

3 comments

Fidelity has a few direct indexing products.

Here is one that is $5/month: https://www.fidelity.com/direct-indexing/customized-investin...

I'm curious if Double has any advantages over this offering other than price. While I'm not personally interested in direct indexing, if I was I would absolutely be willing to pay the extra $4/month to do it at Fidelity vs some unknown startup.

>> Fidelity has innovated a ton and they have this exact product, though I don’t know the fees. >> Fidelity is very much into new fintech ideas and products..

Fidelity has a competitive product called Basket Portfolios and it is so buggy as to be almost unusable. The bugginess has existed for many months and they do not even seem to care.

Appreciate the info; I'll double-check Fidelity again!