Is there a way to make an automatic rebalance of stock portfolio on Fidelity?
Fidelity brokerage account, you won’t get these features. But you can get automatic rebalancing with Fidelity Go. That’s a nice plus if you’re leaning toward a robo-advisor to manage your portfolio. Rebalancing is automatic and there are no extra fees to use this service with Fidelity Go.
I did an auto-chat on my Fidelity account a few months ago and the automated reply I received said I needed to add Fidelity Go to my account and there is no fee. This is for existing accounts. I haven’t added the feature so cannot confirm the reply is accurate.
How do you define “rebalancing”? Is it adding more shares into certain underweight stocks to balance the portfolio? Or selling overweighed stocks to shift to underweighting stocks?