I recently inherited a brokerage account with Edward Jones. It was a TOD. To complete the TOD they want $300. This seemed unusual to me because the entire purpose of a TOD is to avoid fees. I also inherited a brokerage at Fidelity and they do not charge one red cent. I called around, Charles Swab, Raymond James, UBS, Merrill Lynch, and Northwestern Mutual, none of them charge for a TOD. I pushed back on the EJ advisor, finally telling him I wanted the fee waived. He told me he would "consider it", but is demanding I need to meet with him. He says my mother would have "wanted us to work together" and he "needs to explain to me how the account works". This behavior (all through email because I will not take his calls) is making me uncomfortable. I am currently sitting on all the paperwork unsure what to do. Fortunately this account is only about 3% of her assets. Unfortunately this guy seems to know the value of the estate I am the sole beneficiary for.
Is there anything I can do? I can't figure out what my next move should be. I want to move the money to Fidelity where the rest of my money is. But I want to do it as inexpensively as possible.