Thread regarding Fidelity Investments layoffs

Moving assets out of Fidelity

After 11 years of mistreatment as a worker I've got fed up and I will be moving my assets out of Fidelity. I have a complicated personal situation that prevents me from quitting and moving on, but as a customer I am done. I'll be suggesting this move to all of my friends and family who are with Fidelity - they should know the truth. Honestly, I am not sure that other companies are better, but I am making the move anyway.

/rant

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Post ID: @OP+12ZWM0BW

5 replies (most recent on top)

It is possible if you are not fund coded. As long as it is mutual fund only or a managed account. You can not have a brokerage account outside. I have Vanguard IRA and 529s. You have to register them with Compliance. It is a myth that you can not have accounts outside. For majority of employees (who are not fund coded), this is true.

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Post ID: @1Fvwj+12ZWM0BW

If you work for Fidelity how are you going to move the assets to a competitor? Please explain since it's not possible for a current employee.

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Post ID: @1Bvmz+12ZWM0BW

Are you registered? If so how are you going to move your assets?

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Post ID: @1noy+12ZWM0BW

As a retired employee, I’ve always found customer service top-notch. What happened?

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Post ID: @1sut+12ZWM0BW

Why would you work someplace you do not respect or value? There is no ‘personal situation’ that should prevent you from doing so (unless you’re piking for benefits solely.)

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Post ID: @vob+12ZWM0BW

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