Mstrmcky wrote:Getting ready to have a / the conversation with my advisor this week.
Any last minute advice? The personal aspect of this has been the hardest part to accept. But you guys have laid out so much good info for me. That it's hard to see any positive in keeping this business relationship.
" my "Advisor" sent out their compliance forms for the year. ( first time i have seen this.. ) and looks as if he / the company is an RIA.. but still has pushed me in a pre chosen formula with another 3rd party company ( as mentioned above) that has a bunch of funds with high fees ETC ( mentioned above as well).. How can one do this and be an RIA...
I also finally received all the info from my Whole life policy and am looking into that and its cost/ benefit. ETC and might have some more questions on that for you guys.
Last minute advice is don't have a meeting with this advisor. While he's made a mess of your investments, he is highly trained in dealing with a client's temporary insanity.
Simply tell Fidelity you want assets transferred to them. They will provide paperwork and initiate the transfer. And don't get talked into fidelity's advisory service or high fee funds.
There will be fees to sell the funds in either place. Let Fidelity know what you hold to insure they can accept them.