Investors should think twice before picking a brand name just because they鈥檝e heard of it or seen an ad. Shop around before opening a new account.
Investors can use NerdWallet鈥檚 free to determine the best and most affordable fit for his or her needs. Because every investor uses different services 鈥 and to a different extent 鈥 the tool allows investors to search and compare the total costs of all services they use. Users can also sort brokers by which features matter most to them.
鈥 Tim Chen is CEO of NerdWallet, whose investing service seeks to empower investors by providing unbiased and transparent access to investment management and financial markets information.