Big news today from ING Direct: they have acquired ShareBuilder, the online brokerage firm for $220M.
This could have a dramatic impact on the offering ING has for its customers and the products (and pricing) ShareBuilder has to offer. With ShareBuilder’s $4 investment fee, the barrier to entry is pretty low to get into investing and with their automatic ACH plans it can make invest a habit. I can see a real natural fit between the two companies, now we’ll just have to wait and see how their products fit together.
0 comments for this entry ↓
There are no comments yet for this entry.
Leave a Comment