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Is Ally Invest a good investment?

Due to its integration with the banking operations and highly available customer support, Ally Invest is a particularly good fit for investors looking to consolidate their finances in one place. Ally Invest at a glance

Why should you use Ally Bank?

The integration with Ally Bank makes it easy to move money from one account to the other, particularly useful when you need to make a trade quickly or pay a bill. Commissions are particularly attractive on most products, including stocks, ETFs and bonds.

Is BNY Mellon a good bank?

"As a G-SIB and America's oldest bank, BNY Mellon has a strong, well-capitalized and lower credit risk balance sheet with $406 billion in total assets as of year-end 2022, out of which $197 billion are in cash or other High Quality Liquid Assets, with a loan to deposit ratio of 24%," said a statement from the Bank of New York Mellon.

What are the different types of investment accounts?

Self-directed investors can access most typical types of investment accounts including: Individual and joint taxable. Custodial. Traditional, Roth and rollover IRA. Coverdell education savings account. The Ally Invest Robo Portfolios offer individual and joint brokerage accounts along with traditional, Roth and rollover IRAs.

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