BELLEVUE, Wash.--(BUSINESS WIRE)--ShareBuilder, the online brokerage and investment subsidiary of the nation’s largest direct bank, ING Bank fsb, has announced that it will move its offices from Bellevue, Washington to its new location at 83 King Street, in the heart of Seattle’s Pioneer Square district sometime mid next year. The move stems from ShareBuilder’s record growth within the last year and provides the extra space needed to achieve its current expansion plans. Additionally, the relocation is convenient for employees living outside the Seattle area as it is centrally located with great access to public transportation.
“It has been great working in Bellevue the past twelve years, first as Netstock Direct, then as ShareBuilder. We will definitely miss the area in which this company was originated,” said Dan Greenshields, President of ShareBuilder. “The Pioneer Square area is the cultural heartbeat of the Pacific Northwest and we know it will be a great corporate fit for us. We are extremely excited to move into the new historic space because it will enable the company to continue to grow and expand our online brokerage business.”
Since ING DIRECT’s acquisition of ShareBuilder in November of 2007, headcount/staffing is up 60% and new account growth has more than doubled. ShareBuilder offers simple and direct investment products including stocks, exchange-traded funds, mutual funds, options trading and an affordable 401(k) plan for small businesses.
About ING DIRECT & ShareBuilder
ING DIRECT, the nation’s largest direct bank and largest thrift, is dedicated to inspiring Americans to become a nation of savers. Since its inception in 2000, more than 7.3 million Americans have entrusted their savings with ING DIRECT, building the bank to $81 billion in assets. For more information about ING DIRECT, please visit www.ingdirect.com or call 1-800-ING-DIRECT.
ShareBuilder Securities Corporation (www.sharebuilder.com) is an online brokerage designed for automatic, long-term investing. The company's vision is to increase the personal investing rate of the average American by helping individuals build and manage wealth over the long term. Customers pay low fees on individual transactions, have no account or investment minimums and can choose from three automatic, dollar-based investing programs. For more information about ShareBuilder, please visit www.sharebuilder.com or www.ingdirect.com.
In addition to its brokerage business, ShareBuilder Corporation owns and operates ShareBuilder 401(k), which provides simple, flexible and affordable 401(k) plans to small business owners (www.sharebuilder401k.com).
Both ING DIRECT and ShareBuilder target early-stage savers and investors - ING DIRECT through the Orange Savings Account, Electric Orange, and CDs. ShareBuilder offers direct investment products including stocks, exchange-traded funds, mutual funds and options.
ShareBuilder Securities Corporation, a subsidiary of ING Bank, fsb, is a registered broker-dealer and member FINRA/SIPC. ShareBuilder Advisors, LLC, a subsidiary of ING Bank fsb, is a registered investment advisor.
Style note to Editors: ING DIRECT is always capitalized and never referred to as ING.