Zero-expense-ratio Flex funds, $1 fractional shares, automatic cash sweep at 3.26%, and no transfer-out fees — all the structural advantages compound over time.
Best brokers for
Long-term investors
Long-term investors care most about cost drag: expense ratios, fees, cash-sweep yield, and execution quality. Small percentage differences compound over decades.
Most decorated broker for IRAs and customer service. Schwab Equity Ratings and Schwab Center for Financial Research are well-respected long-horizon resources.
Uncapped 1% portfolio transfer match (5-year hold), 4.90% starter margin, 6.07% Bond Account, and broad multi-asset reach in a single AI-native app. Pair with Fidelity for mutual funds.
BofA Global Research, no PFOF on equities, and 99.15% NBBO+ execution make it strong for buy-and-hold investors who want institutional research without paying for it.
Rankings reflect our editorial assessment. Visit each broker’s full review for the underlying methodology and freshness date.