Fidelity/Vanguard fees and minimum invstment

[orbops]

I keep reading about switching. Many of our posters have switched from VG to Fidelity. Can you switch your entire portfolio all at once?

I recently switched all my accounts at the same time from VG to Fidelity. The customer service at Fidelity was like a breath of fresh air compared to VG. Received a couple thousand bonus for moving the funds in kind.

As a final note, VG even put a hold on one of my stock holdings due to some corporate activity, and when I requested that the hold be released since I'm the owner, they had to get one of their managers to approve removing the hold even though I requested the hold to be removed. BTW - I had been with VG over 30 years...

 

[JoeLevyMD]

I made a switch from Vanguard to Fidelity for two reasons, poor service at Vanguard and a desire to consolidate.
Not all of the funds were transferred with individual share lot cost basis. There is also a fee to sell vanguard mutual funds held at fidelity

 

[imnontrad]

That $3,000 minimum is for some of the mutual funds. But many of these have an ETF equivalent without a minimum, which would be even better if it is in a taxable portfolio.

 

[oldtimer]

I made a switch from Vanguard to Fidelity for two reasons, poor service at Vanguard and a desire to consolidate.
Not all of the funds were transferred with individual share lot cost basis. There is also a fee to sell vanguard mutual funds held at fidelity

Isn't the fee at Fidelity to BUY Vanguard mutual funds, not sell them?

 

[Wyoming Car Guy]

Switched from Vanguard to Fidelity 16 months ago-Couldn’t be happier! With Vanguard 35 years but service was atrocious at end. Now I have a personal wealth advisor that I can talk to anytime(Free). Last straw with Vanguard when rep insisted I invest mininum of 35% in International funds which I’m totally against for many reasons! They offered 10K for switch and last 16 months have been extremely profitable.

 

[audreyh1]

I made a switch from Vanguard to Fidelity for two reasons, poor service at Vanguard and a desire to consolidate.
Not all of the funds were transferred with individual share lot cost basis. There is also a fee to sell vanguard mutual funds held at fidelity

Are you sure? In my experience the fees were only to buy, not to sell.