Ron Scott wrote: ↑
Wed Sep 12, 2018 5:30 am
Assume a traditional Bogle approach to investing. 50-50, 2-fund, US total stocks and bonds, DIY rebalancing, mix of taxable, IRA and Roth, straightforward asset location, low cost investing required.
Where do you put your money and why?
If you are also doing roll over IRAs, I found the local Fidelity office was very helpful a few years ago when we did some extensive restructuring and consolidation. There were several forms and the local office did the medallion stamp and then sent them by courier pouch to the main office and the process only took a few days to get set up (the actual fund transfer took about 2 weeks). the CSRs overall were excellent.
Now that we have everything settled, I hardly ever engage the local office, do get emails every once and a while and a rare follow up phone cold call just checking in an seeing how we were doing. I did have a bad experience with my cash management account and Fidelity Full View rollout (they lost 2 years of transactions, and I was getting double transactions on the new software that was a pain to delete and fix the new categories for transactions that were forced on my account.) I was disappointed with the CSR interaction, yes they were pleasant and professional but had no guidance for a few weeks.
Vanguard is like my old Honda CRV, it just keeps ticking, nothing fancy but works and actually easier on the taxable side in contributing new funds or exchanging to rebalance.
If I had to do it all over again, and use only 1 brokerage it would be Vanguard, and do cash management through an online or local back rather than the brokerage.