I currently have two brokerage accounts, one with TD Ameritrade and one with Robinhood. I invest very little in individual stocks, all of which was in my TD account until recently. A few weeks ago I opened up a Robinhood account on a whim (and to get the free referral share). Now I'm debating if I should combine my two accounts on a single platform and close the other account.
Robinhood has a lot of benefits: no commission trading, easy to use app, etc. but is pretty bare-bones and doesn't allow automatic dividend reinvestment (yet).
TD is more robust, feature-wise and includes a dividend reinvestment program, but charges $7/trade (approximately).
I don't do a ton of trading, but I do own some dividend stocks.
Has anyone combined accounts or moved their portfolios to Robinhood?