No. of Recommendations: 0
You may have an agreement with Pershing, and it probably contains provisions for terminating their service. They may require advance notice. First read your agreement. I would discuss with Schwab second, and then when all is ready, contact Pershing.

As to profiling MDP, its best to discuss with Schwab. If it involves restructuring your whole portfolio, some items may be best retained for a while. For example, bonds are better held to maturity. Doing it all at once could incur expenses, that you may want to spread over several years.

I think you will find that doing the individual changes yourself will get the job done at the lowest commissions. Schwab may be willing to take care of it for you, but perhaps for additional fees.
Print the post  


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.
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.