But when you're putting all your assets into one basket in the name of convenience, you should know how easy it is to access banking and brokerage features from the same Web site.
Wingspan sweeps brokerage proceeds into a money-market mutual fund.
Clients can easily transfer those assets to FDIC-insured checking accounts. We also awarded five stars to Merrill Lynch Direct . But that checking account sports a competitive yield and has government backing. Others, including Fidelity , Charles Schwab and TD Waterhouse , also performed well in linking banking and brokerage services. We gave Fidelity and Schwab only four stars each because they didn't offer the sleep-tight safety of insured bank accounts.