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Re: How do I set up a checking account with a brokerage firm as checking, not brokerage (Q Mac)
Fidelity Investments is a brokerage firm ... NOT a bank. By law, they can NOT offer a checking account. What you've got (and I do also) is a share draft account against the money market fund in…-1 -
Re: Linked Checking Account Conversion
That's probably because that checking account doesn't really exist. It's just a means of accessing the cash in your brokerage account. And there are legal differences between that CMA …-1 -
Re: I have a Fidelity Cash Management account on Quicken on Web or Mobile doesn't show under checking.
@ps56k, WHY can't you reconcile that account? It functions exactly like any other checking account ... and I reconcile mine every month.-1 -
Re: Envelope Budgeting (Q Mac)- (9 merged vote)
OH GOD NO! Don't corrupt an accounting program with this abomination [Edited - Language].-1 -
Re: Fidelity Cash Management with Quicken Mobile/Web
Well to respond to your "wish", Fidelity is a brokerage, not a bank, and thus they can't legally offer true "checking" accounts … but their draw upon your MMF works is almost…-1
