TLH of RSU at Fidelity and purchase of VTSAX

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MathIsMyWayr
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Joined: Mon Mar 27, 2017 10:47 pm
Location: CA

TLH of RSU at Fidelity and purchase of VTSAX

Post by MathIsMyWayr » Wed Mar 25, 2020 1:51 am

I want to TLH RSU at Fidelity and buy Vanguard total stock index (VTSAX) immediately. The normal process will be 1) to sell RSU at Fidelity 2) ACH from Fidelity to my bank 3) ACH from my bank to Vanguard 4) to purchase VTSAX at Vanguard. I don't know whether I may buy VTSAX at Fidelity. Is there any simpler way without incurring cost? I also have ESPP, but my company does not allow a transfer of ESPP to another brokerage.

jjface
Posts: 2963
Joined: Thu Mar 19, 2015 6:18 pm

Re: TLH of RSU at Fidelity and purchase of VTSAX

Post by jjface » Wed Mar 25, 2020 2:20 am

Ach directly from fidelity to vanguard.

Or buy VTI in fidelity (eft rather than mutual fund version of vtsax. Or use one of fidelity's total stock index funds FSKAX or FZROX

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