I initially invested with a mutual fund advisor for my ROTH IRA in residency with only $2000 two years ago. Since that time I became a WCI follower, wised up to high fees and switched to Vanguard and have $11000 in my new ROTH IRA. I wanted to consolidate everything from the old advisor ROTH IRA to my new Vanguard ROTH IRA. I attempted to do this electronically via Vanguard but they said that for some reason the way the mutual fund is set up I have to fill out quite a bit of paperwork, which means contacting my old financial advisor.
I contacted my old financial advisor (who does not give WCI style advice). He said, why are you trying to do an "in kind" transfer vs "liquidation and reinvestment". So is it better to do an "in kind" transfer or "liquidation and reinvestment". I know I am still a novice at this so I appreciate any advice.
I contacted my old financial advisor (who does not give WCI style advice). He said, why are you trying to do an "in kind" transfer vs "liquidation and reinvestment". So is it better to do an "in kind" transfer or "liquidation and reinvestment". I know I am still a novice at this so I appreciate any advice.
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