My portfolio is in a fee based wrap account ,part bonds ,CD's cash as fixed income and part stocks,ETF's and Bonds. . At present there's quite a large % of cash sitting idle and subject to the fees as well . Would I benefit by placing fixed income and cash in an ordinary brokerage account and the equity part stay in the wrap account . When a broker buys bonds from either accounts the costs are the same (mark- ups mark- downs ) CD's are better in a brokerage account. What is your opinion . Thank You ,
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Posted on May 24 at 3:34 a.m.
My portfolio is in a fee based wrap account ,part bonds ,CD's cash as fixed income and part stocks,ETF's and Bonds. . At present there's quite a large % of cash sitting idle and subject to the fees as well . Would I benefit by placing fixed income and cash in an ordinary brokerage account and the equity part stay in the wrap account . When a broker buys bonds from either accounts the costs are the same (mark- ups mark- downs ) CD's are better in a brokerage account. What is your opinion . Thank You ,
Hugh
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