Agree to disagree on this. People should be able to do what they like within some reason. Certainly don’t want to be limited to a tiny list of like 3 mutual funds in each sector.
Personally wouldn’t be moving stuff in and out like this but if you want to have at it.
I think it’s pretty common these days. Have had this option for maybe 20 years. Probably longer TBH. Had to fax them info to set it up back in the day
In Gepetto’s case he’s missing out on doing what he wants to do. I would be curious the fees a company now a days pays to allow self directed.
Disagree that less options would be better options for users.