Fidelity as a one stop shop

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anon_investor
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Re: Fidelity as a one stop shop

Post by anon_investor »

obafgkm wrote: Wed Nov 10, 2021 6:46 am
anon_investor wrote: Mon Nov 01, 2021 2:28 pm Lucky me, I got the confirmation email about registering for the bonus and a couple days after depositing $50, a new tile appeared on my Fidelity account saying I met the requirements for the bonus and would receive it within 25 days of account opening.
What is this "tile" you speak of? I'm looking at my new account via both the website and the Apple's iOS Fidelity app on my iPhone, and I don't see any "tile" or notification that the requirements for the bonus have been made.

I did receive a confirmation email that I had registered for the reward when I opened the account, and I immediately pushed $50 from my Barclays savings account to the new Fidelity account. It cleared a day ago. Where should I look for the "tile"?
I only see it on the website and not the app. It appeared as one of the customizable tiles when you first login. It appeared maybe a week after my $50 deposit cleared. If you received the confirmation email you are probably good.
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heartwood
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Re: Fidelity as a one stop shop

Post by heartwood »

heartwood wrote: Tue Oct 26, 2021 12:02 pm
czaj wrote: Tue Oct 26, 2021 10:38 am Fidelity is currently offering an easy promo for various accounts (cash management, brokerage, IRA). Deposit $50, get $100.

https://www.fidelity.com/go/special-offer

I signed up for a second cash management account. I would’ve done a Roth IRA for the tax-free $100, but I already contributed the max to my Vanguard account for the year.
Some glitches:

We have an existing joint CMA at Fidelity under my SSN as primary. I have my logon, my wife has a separate logon.

Wife and I signed up yesterday online. I wound up with two new brokerage accounts in my name (??) and got an email that I was registered but had to fund the account.

DW was only allowed to logon to the joint account via her existing logon. It would not accept a new logon account. DW got an email that she had a new brokerage, but no email that they had accepted registration. I could not find any way to view the SSN for each account.

We called Fidelity today. We were told all is OK. They will remove my duplicate brokerage account. They confirmed DW's brokerage was under her SSN and that she was registered for the offer.

Then we were both told that if we didn't get the $100 in 26 days to call back and they would add it manually.
Anyone actually get the $100?
Lyrrad
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Re: Fidelity as a one stop shop

Post by Lyrrad »

heartwood wrote: Mon Nov 22, 2021 9:04 pm Anyone actually get the $100?
Mine arrived three weeks after my deposit. While I received an email with the subject "Registration confirmed: $100 cash reward" after opening the account, I did not see atile indicating I had met the terms of the bonus after logging in on a desktop computer that others in this thread mentioned.
chet96
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Re: Fidelity as a one stop shop

Post by chet96 »

Forgive the possibly obvious question.

Is it possible to setup a joint account with a spouse that does not have a Fidelity account? I'm looking to close a joint Capital One account used to mainly collect property taxes / insurance. If I can work a small account bonus even better (add checks - it's about perfect).

I already have a CMA account - can the existing ATM card be used? (I don't need another card really - just trying to determine how it all works).

Thanks all.
SnowBog
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Re: Fidelity as a one stop shop

Post by SnowBog »

chet96 wrote: Mon Nov 22, 2021 10:53 pm Forgive the possibly obvious question.

Is it possible to setup a joint account with a spouse that does not have a Fidelity account? I'm looking to close a joint Capital One account used to mainly collect property taxes / insurance. If I can work a small account bonus even better (add checks - it's about perfect).

I already have a CMA account - can the existing ATM card be used? (I don't need another card really - just trying to determine how it all works).

Thanks all.
Yep!

I think once the joint account is created - they'll be able to create their own account (using their SSN) and get their own login. At least that's how I remember it - had spouse on a joint account, and then eventually had them create their own login/account to transfer over their Roth IRA. When done, they had access to their IRA as well as our "joint" account when they login. (You can also give access rights - such as view balances for most accounts [some limitations on employer accounts IIRC], so spouse can "see" the bigger picture if you want.)
PatrickA5
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Re: Fidelity as a one stop shop

Post by PatrickA5 »

heartwood wrote: Mon Nov 22, 2021 9:04 pm
heartwood wrote: Tue Oct 26, 2021 12:02 pm
czaj wrote: Tue Oct 26, 2021 10:38 am Fidelity is currently offering an easy promo for various accounts (cash management, brokerage, IRA). Deposit $50, get $100.

https://www.fidelity.com/go/special-offer

I signed up for a second cash management account. I would’ve done a Roth IRA for the tax-free $100, but I already contributed the max to my Vanguard account for the year.
S

Then we were both told that if we didn't get the $100 in 26 days to call back and they would add it manually.
Anyone actually get the $100?
After about 30 days, I had to call and have them manually add the $100. I never received any kind of email saying I "qualified" after setting up my brokerage account. I used the right link and saw the promo code when setting up the new account. Seems like there might be some glitches in the system.
MrJedi
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Re: Fidelity as a one stop shop

Post by MrJedi »

Spouse and I both received the confirmation and email and credited the bonus automatically. Other blogs/forums suggest a lot of issues with not getting the email and bonus automatically though, but I've seen lots of reports of successful manual credits after contacting customer service.
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cowdogman
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Re: Fidelity as a one stop shop

Post by cowdogman »

cowdogman wrote: Tue Nov 09, 2021 10:32 am
anon_investor wrote: Tue Nov 09, 2021 10:27 am
cowdogman wrote: Tue Nov 09, 2021 10:15 am FYI Fidelity already removed $100 from each of my and my wife's accounts as an "excess contribution" and moved it to our joint account. I have set a reminder for Dec 1 to check on the bonuses.
Do you accounts show the "tile" that says you will get the bonus? Mine does, but my spouse's doesn't. We have a reminder to contact Fidelity to ask about the bonuses if they do not show up on the 25th day.
Yes, both of our accounts have the notice that we have earned the bonus. I opened each of my and my wife's Roth IRAs thru the bonus link.

Given my snafu with the $7,000 contribution I won't be surprised if I have to call Fidelity again, but I was very impressed with the customer support yesterday. This experience may finally push me to make the leap from Vanguard to Fidelity.
Fidelity deposited $100 to both my and my wife's account yesterday--without me needing to call a second time. Go Fidelity!
lazynovice
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Re: Fidelity as a one stop shop

Post by lazynovice »

My reward posted without any issues. Now I need to decide if I want to use this cash management account for anything.
“I didn’t want my sailboat to be in the driveway when I died.” Nomadland
PatrickA5
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Re: Fidelity as a one stop shop

Post by PatrickA5 »

Back to Fidelity As a One Stop Shop,

I'm thinking of closing my local bank account. I'm trying to think of reasons why I should keep it open.

So far I have:

Can't deposit cash at Fidelity (can't imagine I would ever need to deposit cash)

Can't get a large amount of cash at Fidelity (rarely use cash, but have a decent stash in my home safe - also can use an ATM)

No Safe Deposit box (had one at my local bank and closed it putting everything in the home safe)

So, what else am I missing that a B&M bank can do that I can't do at Fidelity (either online, phone or in person at a Fidelity office)?
classicindexer
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Re: Fidelity as a one stop shop

Post by classicindexer »

PatrickA5 wrote: Wed Nov 24, 2021 11:57 am Back to Fidelity As a One Stop Shop,

I'm thinking of closing my local bank account. I'm trying to think of reasons why I should keep it open.

So far I have:

Can't deposit cash at Fidelity (can't imagine I would ever need to deposit cash)

Can't get a large amount of cash at Fidelity (rarely use cash, but have a decent stash in my home safe - also can use an ATM)

No Safe Deposit box (had one at my local bank and closed it putting everything in the home safe)

So, what else am I missing that a B&M bank can do that I can't do at Fidelity (either online, phone or in person at a Fidelity office)?
Fidelity will not accept mobile deposits of checks made payable to “Cash”. Ally Bank does though. So that could be an issue at some point.
Stubbie
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Re: Fidelity as a one stop shop

Post by Stubbie »

PatrickA5 wrote: Wed Nov 24, 2021 11:57 am Back to Fidelity As a One Stop Shop,

I'm thinking of closing my local bank account. I'm trying to think of reasons why I should keep it open.

So far I have:

Can't deposit cash at Fidelity (can't imagine I would ever need to deposit cash)

Can't get a large amount of cash at Fidelity (rarely use cash, but have a decent stash in my home safe - also can use an ATM)

No Safe Deposit box (had one at my local bank and closed it putting everything in the home safe)

So, what else am I missing that a B&M bank can do that I can't do at Fidelity (either online, phone or in person at a Fidelity office)?
One thing I think about:
Walk into a local branch and take out a large sum of cash in the event a cyberattack shuts down our entire financial infrastructure for a period of time and I can't use credit cards or ATMs.
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sarabayo
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Re: Fidelity as a one stop shop

Post by sarabayo »

PatrickA5 wrote: Wed Nov 24, 2021 11:57 am Can't deposit cash at Fidelity (can't imagine I would ever need to deposit cash)
FWIW, when I've had extra cash lying around that I couldn't deposit, I've "solved" the problem by using a Bank of America ATM to make a cash payment for my Bank of America credit card. That's a pretty handy feature of those ATMs :) Of course, that only works if the amount of cash is reasonably small - I wouldn't want to drive my card balance thousands of dollars into the negative range, after all.
KeepingEyesOpen
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Re: Fidelity as a one stop shop

Post by KeepingEyesOpen »

PatrickA5 wrote: Wed Nov 24, 2021 11:57 am Back to Fidelity As a One Stop Shop,

I'm thinking of closing my local bank account. I'm trying to think of reasons why I should keep it open.
...

So, what else am I missing that a B&M bank can do that I can't do at Fidelity (either online, phone or in person at a Fidelity office)?
Obtaining a medallion signature guarantee. I needed this a few times in the past for sending in paper iBonds for conversion to Treasury Direct trust account, letter authorizing rollover of qualified pension plan account to Rollover IRA, and for sending in paper stock certificates to a brokerage (to Vanguard, but it might have been the qualified plan custodian that needed the MSG - can't remember which).

I know ... these are edge cases, but you might sometime need a signature guarantee.
PatrickA5
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Re: Fidelity as a one stop shop

Post by PatrickA5 »

KeepingEyesOpen wrote: Wed Nov 24, 2021 12:33 pm
PatrickA5 wrote: Wed Nov 24, 2021 11:57 am Back to Fidelity As a One Stop Shop,

I'm thinking of closing my local bank account. I'm trying to think of reasons why I should keep it open.
...

So, what else am I missing that a B&M bank can do that I can't do at Fidelity (either online, phone or in person at a Fidelity office)?
Obtaining a medallion signature guarantee. I needed this a few times in the past for sending in paper iBonds for conversion to Treasury Direct trust account, letter authorizing rollover of qualified pension plan account to Rollover IRA, and for sending in paper stock certificates to a brokerage (to Vanguard, but it might have been the qualified plan custodian that needed the MSG - can't remember which).

I know ... these are edge cases, but you might sometime need a signature guarantee.
I'll have to check, but I though Fidelity offices offered medallion signature?
PatrickA5
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Re: Fidelity as a one stop shop

Post by PatrickA5 »

classicindexer wrote: Wed Nov 24, 2021 12:01 pm
PatrickA5 wrote: Wed Nov 24, 2021 11:57 am
So, what else am I missing that a B&M bank can do that I can't do at Fidelity (either online, phone or in person at a Fidelity office)?
Fidelity will not accept mobile deposits of checks made payable to “Cash”. Ally Bank does though. So that could be an issue at some point.
For the time being, I plan on keeping my Ally account and only close my local B&M bank accounts. If Fidelity's money market funds ever make a comeback, I will probably dump Ally too. Thanks.
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Leif
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Re: Fidelity as a one stop shop

Post by Leif »

PatrickA5 wrote: Wed Nov 24, 2021 12:41 pm I'll have to check, but I though Fidelity offices offered medallion signature?
Yes, they have that service.

Only thing I keep my non-Fidelity checking account for is to deposit my paper US Govt bonds and for cashier checks. Both are rare events.
PatrickA5
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Re: Fidelity as a one stop shop

Post by PatrickA5 »

Leif wrote: Wed Nov 24, 2021 1:07 pm
PatrickA5 wrote: Wed Nov 24, 2021 12:41 pm I'll have to check, but I though Fidelity offices offered medallion signature?
Yes, they have that service.

Only thing I keep my non-Fidelity checking account for is to deposit my paper US Govt bonds and for cashier checks. Both are rare events.
I'll have to give the cashier check some thought. Haven't needed one in over a decade and can't really think of a reason I'd need one, but you never know.
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anon_investor
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Re: Fidelity as a one stop shop

Post by anon_investor »

cowdogman wrote: Wed Nov 24, 2021 10:44 am
cowdogman wrote: Tue Nov 09, 2021 10:32 am
anon_investor wrote: Tue Nov 09, 2021 10:27 am
cowdogman wrote: Tue Nov 09, 2021 10:15 am FYI Fidelity already removed $100 from each of my and my wife's accounts as an "excess contribution" and moved it to our joint account. I have set a reminder for Dec 1 to check on the bonuses.
Do you accounts show the "tile" that says you will get the bonus? Mine does, but my spouse's doesn't. We have a reminder to contact Fidelity to ask about the bonuses if they do not show up on the 25th day.
Yes, both of our accounts have the notice that we have earned the bonus. I opened each of my and my wife's Roth IRAs thru the bonus link.

Given my snafu with the $7,000 contribution I won't be surprised if I have to call Fidelity again, but I was very impressed with the customer support yesterday. This experience may finally push me to make the leap from Vanguard to Fidelity.
Fidelity deposited $100 to both my and my wife's account yesterday--without me needing to call a second time. Go Fidelity!
My $100 showed up automatically (but I did get the confirmation email). My spouse didn't get the confirmation email and had to call to get the $100 added manually, which they did.
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TimeRunner
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Re: Fidelity as a one stop shop

Post by TimeRunner »

I deposited cash by taking it to the Post Office and purchasing a few money orders, then using mobile deposit app to deposit those. There's a small fee for the money orders, but it's a once-a-decade issue for me.
One cannot enlighten the unconscious. | If you think you're the smartest person in the room, you're in the wrong room.
PatrickA5
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Re: Fidelity as a one stop shop

Post by PatrickA5 »

PatrickA5 wrote: Wed Nov 24, 2021 1:14 pm
Leif wrote: Wed Nov 24, 2021 1:07 pm
PatrickA5 wrote: Wed Nov 24, 2021 12:41 pm I'll have to check, but I though Fidelity offices offered medallion signature?
Yes, they have that service.

Only thing I keep my non-Fidelity checking account for is to deposit my paper US Govt bonds and for cashier checks. Both are rare events.
I'll have to give the cashier check some thought. Haven't needed one in over a decade and can't really think of a reason I'd need one, but you never know.
After a little research, I've found you can get a cashiers check by contacting Fidelity. They will overnight the check. Not perfect, but probably good enough.
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Leif
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Re: Fidelity as a one stop shop

Post by Leif »

PatrickA5 wrote: Wed Nov 24, 2021 1:36 pm After a little research, I've found you can get a cashiers check by contacting Fidelity. They will overnight the check. Not perfect, but probably good enough.
News to me! When I asked at an investment center they just told me no. Very cool!

Now, if they would only accept Gov't paper bonds (e/i) for deposit, that would cover everything for me (that I can think of now).
Kookaburra
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Re: Fidelity as a one stop shop

Post by Kookaburra »

I am an existing Fido customer with IRA, CMA, and joint brokerage account with spouse. Can spouse and I each open a new, second individual brokerage account and each get the bonus offer?

And follow up question, if the answer above is “yes you can”: in the future (after the 90-day period), can I (painlessly) consolidate the two individual brokerage accounts into the joint account with no trading or tax impacts?
spammagnet
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Re: Fidelity as a one stop shop

Post by spammagnet »

Despite liking their prices, web site and personal service, I'm having misgivings about keeping my money at Fidelity. The online security they offer is severely lacking. For a company whose AUM are bigger than Russia's GDP, that's sad.

The only security enhancement they have is 2FA, and that's email- or SMS-based, the weaknesses of which I won't repeat here. For the size of the company, I'd expect time-based one-time passwords. Worse, if you use account aggregators like Quicken or Personal Capital (no lectures on that topic, please) you can't even use the 2FA they offer because it breaks that process.

Most of the other banks I have a relationship require 3rd parties to use OAuth, and work well with Quicken and YNAB. Fidelity claims to have "Fidelity Access" for third parties but it's not compulsory and they obviously missed their stated goal to "complete the rollout by 2018".

As a workaround I asked for a separate read-only login, which I'd use for Quicken and YNAB. I'd enable the flimsy SMS-based 2FA on my regular login to have at least something between me and the hackers. But no. I was told Fidelity doesn't allow that, despite the fact that I already have an alternate ID used with a trust account.
increment
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Re: Fidelity as a one stop shop

Post by increment »

spammagnet wrote: Wed Nov 24, 2021 4:25 pm The only security enhancement they have is 2FA, and that's email- or SMS-based, the weaknesses of which I won't repeat here. For the size of the company, I'd expect time-based one-time passwords.
You can choose the Symantec VIP one-time passwords, at least.
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anon_investor
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Re: Fidelity as a one stop shop

Post by anon_investor »

increment wrote: Wed Nov 24, 2021 4:34 pm
spammagnet wrote: Wed Nov 24, 2021 4:25 pm The only security enhancement they have is 2FA, and that's email- or SMS-based, the weaknesses of which I won't repeat here. For the size of the company, I'd expect time-based one-time passwords.
You can choose the Symantec VIP one-time passwords, at least.
^^^This! Way more secure than Vanguard, where the Yubikey defaults back to SMS as a back up, defeating the purpose of a Yubikey.
Cash is King
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Re: Fidelity as a one stop shop

Post by Cash is King »

spammagnet wrote: Wed Nov 24, 2021 4:25 pm Despite liking their prices, web site and personal service, I'm having misgivings about keeping my money at Fidelity. The online security they offer is severely lacking. For a company whose AUM are bigger than Russia's GDP, that's sad.

The only security enhancement they have is 2FA, and that's email- or SMS-based, the weaknesses of which I won't repeat here. For the size of the company, I'd expect time-based one-time passwords. Worse, if you use account aggregators like Quicken or Personal Capital (no lectures on that topic, please) you can't even use the 2FA they offer because it breaks that process.

Most of the other banks I have a relationship require 3rd parties to use OAuth, and work well with Quicken and YNAB. Fidelity claims to have "Fidelity Access" for third parties but it's not compulsory and they obviously missed their stated goal to "complete the rollout by 2018".

As a workaround I asked for a separate read-only login, which I'd use for Quicken and YNAB. I'd enable the flimsy SMS-based 2FA on my regular login to have at least something between me and the hackers. But no. I was told Fidelity doesn't allow that, despite the fact that I already have an alternate ID used with a trust account.
Move your money to another brokerage. Problem solved.
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anon_investor
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Re: Fidelity as a one stop shop

Post by anon_investor »

Cash is King wrote: Wed Nov 24, 2021 5:01 pm
spammagnet wrote: Wed Nov 24, 2021 4:25 pm Despite liking their prices, web site and personal service, I'm having misgivings about keeping my money at Fidelity. The online security they offer is severely lacking. For a company whose AUM are bigger than Russia's GDP, that's sad.

The only security enhancement they have is 2FA, and that's email- or SMS-based, the weaknesses of which I won't repeat here. For the size of the company, I'd expect time-based one-time passwords. Worse, if you use account aggregators like Quicken or Personal Capital (no lectures on that topic, please) you can't even use the 2FA they offer because it breaks that process.

Most of the other banks I have a relationship require 3rd parties to use OAuth, and work well with Quicken and YNAB. Fidelity claims to have "Fidelity Access" for third parties but it's not compulsory and they obviously missed their stated goal to "complete the rollout by 2018".

As a workaround I asked for a separate read-only login, which I'd use for Quicken and YNAB. I'd enable the flimsy SMS-based 2FA on my regular login to have at least something between me and the hackers. But no. I was told Fidelity doesn't allow that, despite the fact that I already have an alternate ID used with a trust account.
Move your money to another brokerage. Problem solved.
Or the problem could be solved if the poster just used the Symantec VIP authenticator app for 2FA at Fidelity, that generates a one time use code.
nalor511
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Re: Fidelity as a one stop shop

Post by nalor511 »

anon_investor wrote: Wed Nov 24, 2021 4:37 pm
increment wrote: Wed Nov 24, 2021 4:34 pm
spammagnet wrote: Wed Nov 24, 2021 4:25 pm The only security enhancement they have is 2FA, and that's email- or SMS-based, the weaknesses of which I won't repeat here. For the size of the company, I'd expect time-based one-time passwords.
You can choose the Symantec VIP one-time passwords, at least.
^^^This! Way more secure than Vanguard, where the Yubikey defaults back to SMS as a back up, defeating the purpose of a Yubikey.
This, why spread misinformation? They have 2fa options for everyone to find one they prefer
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anon_investor
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Re: Fidelity as a one stop shop

Post by anon_investor »

nalor511 wrote: Wed Nov 24, 2021 5:06 pm
anon_investor wrote: Wed Nov 24, 2021 4:37 pm
increment wrote: Wed Nov 24, 2021 4:34 pm
spammagnet wrote: Wed Nov 24, 2021 4:25 pm The only security enhancement they have is 2FA, and that's email- or SMS-based, the weaknesses of which I won't repeat here. For the size of the company, I'd expect time-based one-time passwords.
You can choose the Symantec VIP one-time passwords, at least.
^^^This! Way more secure than Vanguard, where the Yubikey defaults back to SMS as a back up, defeating the purpose of a Yubikey.
This, why spread misinformation? They have 2fa options for everyone to find one they prefer
Unlike Vanguard!
spammagnet
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Re: Fidelity as a one stop shop

Post by spammagnet »

increment wrote: Wed Nov 24, 2021 4:34 pm
spammagnet wrote: Wed Nov 24, 2021 4:25 pm The only security enhancement they have is 2FA, and that's email- or SMS-based, the weaknesses of which I won't repeat here. For the size of the company, I'd expect time-based one-time passwords.
You can choose the Symantec VIP one-time passwords, at least.
For convenience I'd prefer to use the TOTP authenticator app I already use for other sites but Symantec apparently supports adding other connections by QR Code. I guess I can adopt it in lieu of Authy. Does Fidelity really require the Symantec client? There's a credential ID in the app, leading me to conclude they do. I haven't called Fidelity to set it up.

Unfortunately, any TOTP breaks connections by aggregators. Why can't they do both TOTP for account owners and OAuth for third parties? Others do.
Cash is King
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Re: Fidelity as a one stop shop

Post by Cash is King »

anon_investor wrote: Wed Nov 24, 2021 5:05 pm
Cash is King wrote: Wed Nov 24, 2021 5:01 pm
spammagnet wrote: Wed Nov 24, 2021 4:25 pm Despite liking their prices, web site and personal service, I'm having misgivings about keeping my money at Fidelity. The online security they offer is severely lacking. For a company whose AUM are bigger than Russia's GDP, that's sad.

The only security enhancement they have is 2FA, and that's email- or SMS-based, the weaknesses of which I won't repeat here. For the size of the company, I'd expect time-based one-time passwords. Worse, if you use account aggregators like Quicken or Personal Capital (no lectures on that topic, please) you can't even use the 2FA they offer because it breaks that process.

Most of the other banks I have a relationship require 3rd parties to use OAuth, and work well with Quicken and YNAB. Fidelity claims to have "Fidelity Access" for third parties but it's not compulsory and they obviously missed their stated goal to "complete the rollout by 2018".

As a workaround I asked for a separate read-only login, which I'd use for Quicken and YNAB. I'd enable the flimsy SMS-based 2FA on my regular login to have at least something between me and the hackers. But no. I was told Fidelity doesn't allow that, despite the fact that I already have an alternate ID used with a trust account.
Move your money to another brokerage. Problem solved.
Or the problem could be solved if the poster just used the Symantec VIP authenticator app for 2FA at Fidelity, that generates a one time use code.
Agreed. I inferred the OP was not happy.
nalor511
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Re: Fidelity as a one stop shop

Post by nalor511 »

spammagnet wrote: Wed Nov 24, 2021 5:10 pm
increment wrote: Wed Nov 24, 2021 4:34 pm
spammagnet wrote: Wed Nov 24, 2021 4:25 pm The only security enhancement they have is 2FA, and that's email- or SMS-based, the weaknesses of which I won't repeat here. For the size of the company, I'd expect time-based one-time passwords.
You can choose the Symantec VIP one-time passwords, at least.
For convenience I'd prefer to use the TOTP authenticator app I already use for other sites but Symantec apparently supports adding other connections by QR Code. I guess I can adopt it in lieu of Authy. Does Fidelity really require the Symantec client? There's a credential ID in the app, leading me to conclude they do. I haven't called Fidelity to set it up.

Unfortunately, any TOTP breaks connections by aggregators. Why can't they do both TOTP for account owners and OAuth for third parties? Others do.
Google it, you can run some commands in Linux and hook up Google auth
spammagnet
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Re: Fidelity as a one stop shop

Post by spammagnet »

nalor511 wrote: Wed Nov 24, 2021 5:13 pm
spammagnet wrote: Wed Nov 24, 2021 5:10 pm
increment wrote: Wed Nov 24, 2021 4:34 pm
spammagnet wrote: Wed Nov 24, 2021 4:25 pm The only security enhancement they have is 2FA, and that's email- or SMS-based, the weaknesses of which I won't repeat here. For the size of the company, I'd expect time-based one-time passwords.
You can choose the Symantec VIP one-time passwords, at least.
For convenience I'd prefer to use the TOTP authenticator app I already use for other sites but Symantec apparently supports adding other connections by QR Code. I guess I can adopt it in lieu of Authy. Does Fidelity really require the Symantec client? There's a credential ID in the app, leading me to conclude they do. I haven't called Fidelity to set it up.

Unfortunately, any TOTP breaks connections by aggregators. Why can't they do both TOTP for account owners and OAuth for third parties? Others do.
Google it, you can run some commands in Linux and hook up Google auth
I did see that but don't want to jump through those hoops. I would migrate my logins from Authy to Symantec. I'm still stuck with not being able to securely connect Quicken and YNAB.

I understand that others consider those inherently insecure but, that approach being read-only, the risk is low.
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TimeRunner
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Re: Fidelity as a one stop shop

Post by TimeRunner »

nalor511 wrote: Wed Nov 24, 2021 5:13 pm
spammagnet wrote: Wed Nov 24, 2021 5:10 pm
increment wrote: Wed Nov 24, 2021 4:34 pm
spammagnet wrote: Wed Nov 24, 2021 4:25 pm The only security enhancement they have is 2FA, and that's email- or SMS-based, the weaknesses of which I won't repeat here. For the size of the company, I'd expect time-based one-time passwords.
You can choose the Symantec VIP one-time passwords, at least.
For convenience I'd prefer to use the TOTP authenticator app I already use for other sites but Symantec apparently supports adding other connections by QR Code. I guess I can adopt it in lieu of Authy. Does Fidelity really require the Symantec client? There's a credential ID in the app, leading me to conclude they do. I haven't called Fidelity to set it up.

Unfortunately, any TOTP breaks connections by aggregators. Why can't they do both TOTP for account owners and OAuth for third parties? Others do.
Google it, you can run some commands in Linux and hook up Google auth
The Symantec app is also used by Schwab. One advantage of the Symantec app is that the 30 second countdown for the TOTP starts when you start the app, unlike Authy, Google, etc. You don't have to wait if say you only have 6 seconds left and are unsure you can get the code entered and processed by that time. Also, you can have TOTP turned on and still do a direct connect within Quicken for downloads. But if you want to change brokerages, I'm sure Fidelity wouldn't mind. :wink:
One cannot enlighten the unconscious. | If you think you're the smartest person in the room, you're in the wrong room.
VictorStarr
Posts: 194
Joined: Sat Jan 04, 2020 10:13 pm
Location: California

Re: Fidelity as a one stop shop

Post by VictorStarr »

TimeRunner wrote: Wed Nov 24, 2021 6:00 pm
nalor511 wrote: Wed Nov 24, 2021 5:13 pm
spammagnet wrote: Wed Nov 24, 2021 5:10 pm For convenience I'd prefer to use the TOTP authenticator app I already use for other sites but Symantec apparently supports adding other connections by QR Code. I guess I can adopt it in lieu of Authy. Does Fidelity really require the Symantec client? There's a credential ID in the app, leading me to conclude they do. I haven't called Fidelity to set it up.

Unfortunately, any TOTP breaks connections by aggregators. Why can't they do both TOTP for account owners and OAuth for third parties? Others do.
Google it, you can run some commands in Linux and hook up Google auth
The Symantec app is also used by Schwab. One advantage of the Symantec app is that the 30 second countdown for the TOTP starts when you start the app, unlike Authy, Google, etc. You don't have to wait if say you only have 6 seconds left and are unsure you can get the code entered and processed by that time. Also, you can have TOTP turned on and still do a direct connect within Quicken for downloads. But if you want to change brokerages, I'm sure Fidelity wouldn't mind. :wink:
Symantec VIP is also used by E*Trade. I found it is very convenient to have single app for Fidelity, Schwab and E*Trade. I have Symantec app on my Apple Watch and the app is usable without iPhone.
Stubbie
Posts: 119
Joined: Fri May 29, 2020 6:09 am

Re: Fidelity as a one stop shop

Post by Stubbie »

VictorStarr wrote: Wed Nov 24, 2021 9:09 pm
TimeRunner wrote: Wed Nov 24, 2021 6:00 pm
nalor511 wrote: Wed Nov 24, 2021 5:13 pm
spammagnet wrote: Wed Nov 24, 2021 5:10 pm For convenience I'd prefer to use the TOTP authenticator app I already use for other sites but Symantec apparently supports adding other connections by QR Code. I guess I can adopt it in lieu of Authy. Does Fidelity really require the Symantec client? There's a credential ID in the app, leading me to conclude they do. I haven't called Fidelity to set it up.

Unfortunately, any TOTP breaks connections by aggregators. Why can't they do both TOTP for account owners and OAuth for third parties? Others do.
Google it, you can run some commands in Linux and hook up Google auth
The Symantec app is also used by Schwab. One advantage of the Symantec app is that the 30 second countdown for the TOTP starts when you start the app, unlike Authy, Google, etc. You don't have to wait if say you only have 6 seconds left and are unsure you can get the code entered and processed by that time. Also, you can have TOTP turned on and still do a direct connect within Quicken for downloads. But if you want to change brokerages, I'm sure Fidelity wouldn't mind. :wink:
Symantec VIP is also used by E*Trade. I found it is very convenient to have single app for Fidelity, Schwab and E*Trade. I have Symantec app on my Apple Watch and the app is usable without iPhone.
Thank you for this info! Those are my big three and I was looking for the common app for them.
:beer
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