I don’t like having tons of different financial accounts across providers and Fidelity provides almost all the accounts I need. Therefore, I use it for most of my financial account.

1. Personal Brokerage
2. Traditional IRA
3. Roth IRA
4. HSA
5. 529
6. DAF

Personal Brokerage

One thing that’s always annoyed me is the concept of a “bank account” and the related concepts “savings” and “checking” accounts. What are they for? Fidelity can subsume the concept of a bank account by just using individual brokerage account for everything:

• It comes with an ACH/EFT routing + account number you can use to transfer money to/from
• You can set up your credit cards and whatnot to autopay from the account
• Idle money sitting in this settlement fund earns ~5% on SPAXX
  • When you transfer money in, it will auto sweep into a money market fund
  • When you transfer money out, it will auto sweep out of the money market fund
• You can buy/sell securities using your settlement fund
• You can deposit checks on your phone
• You can order checks
• You can get an ATM/debit card

Other cool features:

• Lend your securities