Editing Plan Investments

How do I add stocks and ETFs to my Automatic Investment Plan?

Depending on whether you're changing an existing plan, or setting up a plan for the first time, we have you covered.

Instructions for both are provided below:

Tip: When putting stocks, mutual funds or ETFs in your plan, please enter whole dollar amounts, only. Also, any applicable transaction costs will get deducted from the investment amount.

To edit your Automatic Investment Plan's securities:

  1. First, you'll need to navigate to Trade > Automatic Investing (sign in required) and once there, click on the Edit link next to the 'Funding Source'. Or if you are creating your Plan, it will be the first step in Plan Setup process.
  2. If you have an existing Plan, click the Edit link located in the heading of the 'Your Automatic Investments' table.
  3. From the `Add by Symbol' tab, enter the Symbol you want to buy, enter the dollar amount to invest, and then click the green Add to Plan button. If you need some help, we have a few different in-page tabs to help you find securities:
    • Add by Symbol lets you enter a specific symbol for a company.
    • Find a symbol lets you type in the name of a company to find it's symbol.
    • Add Top Stocks and Add Top ETFs shows lists of the stocks and ETFs that customers have purchased the most in their Automatic Investment Plans.
    • Add from Watch List lets you move securities from your watch list to your investing plan.
  4. Continue adding securities until you've put in everything your heart desires. You can also:
    • Change a security's investment Dollar Amount – and then click Recalculate to view new investment totals.
    • Remove a security by clicking the Remove from Plan button.
  5. Click the Save button. (Or the Next button if you are creating your Plan).
  6. Tip: A plan needs to contain at least one security, whether it's switched on or off.

Tip: Changes to your Automatic Investment Plan need to be done before 5:00 PM ET on the business day before an investment Tuesday. And, enough funds must be available or on the way. Otherwise, it's too late to set up a plan for the current week.

What cost will I pay for Automatic Investment Plan transactions?

Each transaction costs $3.95. This means you’re charged for every stock or ETF on your plan, on every Tuesday your plan makes a purchase.

NTF Mutual Funds: There are no load or transaction charges when purchasing mutual funds in our NTF program. Keep in mind that costs and other expenses apply to continued investment in a fund and are described in each fund's current prospectus.

Tip: Transaction costs are subtracted from the total investment amount. For example, if you invest $100 in a security and your commission is $3.95, then your total investment amount is $96.05.

Mutual fund investors should carefully consider information contained in the prospectus, including investment objectives, risks, charges and expenses. Please read the prospectus carefully before investing.

Mutual Fund Compensation: We receive compensation from fund companies participating in its no-load, no-transaction fee program for recordkeeping, shareholder, and other administrative services. For additional information, please review our Mutual Fund Disclosure.

Early Redemption Policy: We reserve the right to charge $49.95 on the redemption or exchange of shares of any no-load, no-transaction fee mutual fund that is held less than 90 days, except for money market funds. This charge is in addition to any applicable charges or expenses described in the fund's prospectus.

How do I change my automatic investment amount?

If you'd like to add or subtract the amount of monies you're putting into your Automatic Investment Plan, please follow the steps below:

  1. Navigate to Trade > Automatic Investing (sign in required).

  2. In the Your Automatic Investments section, click the Edit link.

  3. Within the My Automatic Investments section, you can edit the dollar amount for a security or remove it entirely from your Plan.

  4. Click Save Changes.

Note: If you would like to stop investing altogether, you'll need to switch off your Automatic Investment Plan.

Tip: Changes to your Automatic Investment Plan must be done by 5:00 PM ET on the business day before an investment Tuesday (generally, Monday at 5:00 PM ET). Otherwise, any updates you made to the plan won't happen for the current week

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Why can't I find a certain stock to buy in the Automatic Investment Plan?

While we offer access to companies and entities that range from high-profile industry leaders to little-known laggards, small service providers to giant manufacturing conglomerates, small-town operators to international movers and shakers, not all are available for purchase through the Automatic Investment Plan.

The list of securities available through us is updated continuously. In order to be considered for purchase in the Plan the securities must meet specific criteria and they will be added or removed based on their ability to meet our criteria, which include:

  • Pricing considerations
  • Market capitalization
  • Average daily volume

Since not every single stock in the marketplace is currently available for purchase in a ShareBuilder account, let us know if you think there's a company we're loony for leaving out of our available stocks. Please email your suggestions to stockrequest@sharebuilder.com (with the subject line "Security listing request").

Tip: While we promise to review your request, we don't have the manpower to respond personally, so please accept our thank you in advance.