Author Topic: Write courtesy note to leave broker  (Read 5870 times)

Chesleygirl

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Re: Write courtesy note to leave broker
« Reply #50 on: July 14, 2017, 06:45:17 PM »

Fidelity 500 is a fine mutual fund, but there are several others that are even better in terms of diversity and cost. All of the following (and in the Bogleheads link) are either at the same or better than cost wise/performance to Vanguard, or near as dammit considering you also get the benefit of Fido's slightly better customer service.

https://www.bogleheads.org/wiki/Fidelity
^all the comparable funds to Vanguard's stable of mutual funds.

I have my entire portfolio with Fido, and I use the following:

Thanks. That gives me a good idea of what I should look at. Since I'm going to pull the plug (as soon as I can) on EJ. Hopefully this person at Fidelity can help me sort through the mess and figure out what can be sold easily.  I can't wait to get started especially with my better knowledge now.

PizzaSteve

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Re: Write courtesy note to leave broker
« Reply #51 on: July 14, 2017, 08:03:50 PM »
Depending how much you transfer in, make sure to ask for their new account bonus.  Can get up to $1500 for opening a new account with Fido, TD Ameritrade or Schwab (all are quality brokers with good low cost funds if you avoid management pitches).  TD Am has a web only deal of $1000 for a $250k deposit ($600 if open at branch)and offers VTI commission free (vanguard global ETF). You could do worse than liquidating, opening TDA account and buying all VTI.

https://personal.vanguard.com/us/funds/snapshot?FundIntExt=INT&FundId=0970
« Last Edit: July 18, 2017, 04:15:07 PM by PizzaSteve »
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Pizzasteve is planning to mostly be inactive and avoid debates.  In the event of a rare post, no need to reply or quote if you expect a response, as i am posting information an opinion meant to stand on its own.

Mighty-Dollar

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Re: Write courtesy note to leave broker
« Reply #52 on: July 16, 2017, 04:07:58 AM »
Vanguard isn't the only game in town. There's E Trade and AmeriTrade.

CorpRaider

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Re: Write courtesy note to leave broker
« Reply #53 on: July 18, 2017, 12:55:24 PM »
I think you mean VT for the global one. 

Chesleygirl

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Re: Write courtesy note to leave broker
« Reply #54 on: July 18, 2017, 03:09:01 PM »
I sent the adviser today, a courtesy email just letting him know I transferred the accounts, and why. So that he won't feel I've done things behind his back, I guess. If I were a financial adviser working on commission, I'd want to know.

Roboturner

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Re: Write courtesy note to leave broker
« Reply #55 on: July 20, 2017, 09:13:06 AM »
So how I got my parents out of their scalping FA (they invested with him in 2013 and lost money). I asked them what sort of asset allocation they wanted, then for simplicity sake (as they are not interested in learning how to manage their money) I gave them 3 options for vanguard mutual funds to pick from. They're up 9% since the switch earlier this year and back to the initial amount they gave their adviser in 2013.

Sad. But they should be good for autopilot now. 
"I win again, just like always!"