About 1.5 years ago I moved a large portion of my 403(b) account into an actively managed IRA. At the time I thought it was a good decisions as my investment fund options were significantly greater. Now it seems like the management and other fees associated with this actively managed IRA have significantly reduced my rate of return. What are my options now if I want to move my funds out of this actively managed account?
Do you have a large enough account so that you have a Wealth management Advisor? If so, call him/her for assistance. Else, have you called the general 800 number and asked for help?
Yes, I do have a "wealth management advisor" and I have not brought this up with him yet. I wanted to first know what options I do have before this discussion. My advisor was the one who talked me into to this rollover in the first place.
I don't know what kind of experiences you have had with your WMA, but have you ever dealt with his technical assistants and do you have a name? I have found that it is frequently more productive to bypass the WMA and to go directly to these people. They are the experts on many processes and options and probably don't have the same incentives that might affect their suggestions. :-)))))
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