I have a couple of brokerage accounts with robinhood and e-trade. I usually invest in mutual funds (S&P500, QQQ, etc) and currently have $1.5M investment in those funds. I had a call with fidelity financial advisor today and he was pitching me to move some of my money (500K) to fidelity brokerage ac...Read more
Hey people, one of my friends is trying to transition from a financial advisor role to engineering within Fidelity. He’s been going the self taught frontend route and wondering if there are any transitioning programs within the company? If anyone would be open to connect, please dm me. Thanks a ton!...Read more
My fidelity advisor recommended to switch to a sma (separately managed account) instead of an sp500 index fund. The fees are higher obviously. The biggest advantage sounds like tax loss harvesting. What do y’all blinders think? Tc 250
Like investment advisors from fidelity and such #personalfinance #investments TC: 🥜
I see on here that a lot of people advise to use Fidelity for buy and hold investment. Is there a reason why Fidelity specifically? Also any suggestions for investments would be great. I'm a newbie in investment. Moving away from robo advisors. #personalfinance #investments
Tried to schedule automatic investment to VGT/VITAX from my 401k brokerage link account with fidelity and it seems they need a third party advisor to put that call. Has anyone done that? Any clue what type of advisor needed? #personalfinance #investments
On the path to becoming a financial advisor and my current opportunities are fidelity financial rep or BoA’s advisor development program. Could anyone provide some insight? #finance
Is it legal to use robo advisors services like Wealthfront, Fidelity Go when on OPT? I have a Robinhood account but I've only bought shares till now, never sold. Since the robo advisor will be selling, is it legal? #investments #personalfinance
A fidelity advisor suggested that Fidelity Tax Managed account with an expense ratio of 0.4 that tracks the returns is S&P500 is much better suited than a traditional S&P500 ETF like VOO which has an expense ratio like 0.03. I was told that the tax savings would more than make up for the higher expe...Read more
Has anyone gone through the financial advising services offered by Fidelity? Pros/Cons? My understanding is that the consultation is free, and you pay depending on what strategy you end up pursuing (i.e., self-directed, robo-advisor, or in-person advisor). I thought Fidelity would do this for all...Read more
Wells fargo advisor says we can't move current 401k account from Fidelity to WF. Is there any workaround for that? At least transfer partially?
#personalfinance #investments I have a Fidelity account and have some cash sitting there uninvested. I received a call from Fidelity premium services and the caller told me that my advisor would like to say 'hi' and scheduled a call with him. I searched his name and found that he's an Investment ...Read more
I have about 100k to invest. Should I open a Fidelity or keep it in my Wealthfront robo advisor account? My goal is to either buy and hold or let a robot handle it. If you chose other what are your suggestions? #personalfinance #investments
I recently started using Roth IRA at Fidelity. And I am maxing out 6000$ every year. What would be a good investment strategy for Roth IRA. Fidelity advisor suggested asset allocation fund Fidelity Asset Manager 85%. Which invests 85% in equity and remaining in bonds etc. Any thoughts or suggestio...Read more
I keep getting calls from a financial advisor for fidelity since leaving my previous company. I also have a new financial advisor through my current employer for CS. My question is WHO to go with? Should I reach out to an external financial advisor. This is in reference to my equity. Any red flags t...Read more
Fidelity advisor is recommending me to have an options strategy and outsource that to one of their partners. Has anyone done this with good returns? #investments #personalfinance
I recently had a conversation with the Fidelity investment advisor team. They discussed Fidelity's professionally managed tax-advantaged account with 0.5% commission fee. which involves market investments and year-end tax harvesting. The returns appear comparable to SPYETF with added tax advantages....Read more
I was saving up to buy a house but the property prices and interest rates don’t seem ideal and I also plan on moving over the next couple of years. Now I have ~$200k sitting in a regular savings account. Was actually $250k but I just transferred $50k to my personal brokerage and bought some ETFs/mut...Read more
I am on h1b and so can't buy a house. My years of earning is hanging in bank account. I do have around $200k ready to invest. Any suggestions about where to start and how to invest? Stock market? If so mutual funds, etfs or which one in particular? I called fidelity investment advisor they told me t...Read more
I have approximately $180k saved for a house down payment, and I also have $330k from the sale of RSUs (Amazon and Oracle). A Fidelity financial advisor has suggested that I consider their separately managed account service, which involves investing in stocks and tax loss harvesting. They would char...Read more