No. of Recommendations: 0
If several of these accounts wind up at the same custodian, you may want to consolidate them in one account to minimize maintenance fees.

Not sure if this applies, or matters to you, but you might want to see if you're going to be paying a transaction fee for each move.
I can just see them dinging you $50 for each move resulting in $150 in transfer fees from your old fund (on top of the potentially new custodial fees from your new broker/fund).
Plus if your current fund/broker is charging you an annual fee, they'll most likely ding you for 2005's fee before distributing.
Print the post  

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement