Originally Posted by
Happy
Interesting.
We have been with Fido for 2 decades. Its stupid New Customers Only bonus offer policy irks me to no end. So much so, I moved large portion of the assets in our regular accounts to where being an existing customers do not EXCLUDE me from bonus offers. If not for the hassles involved, I would move our IRA accounts as well.
They finally bring out the offers good for existing customers also makes me think, It is about time!
I dont have a smile on my face but a
I pick my brokerage firms on the basis of a few variables - but points and miles offers aren't one of them. We're retired - live off investments - our brokerage firms are important to us.
It is easy to move an IRA - or part of an IRA - from one brokerage firm to another. I've done it quite a few times. In general though - you will have to fill out paperwork on line and mail it in. It is safest to make a direct trustee to trustee transfer to avoid any tax problems. Usually doesn't take very long. If you are a day trader - I'd close out my positions before moving an account
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Fido isn't my most favorite brokerage firm these days - but it's fine. To me - the offers it is making to existing customers are kind of icing on the cake. Robyn