Hello everyone. John's my name. I've been reading here the past few days and have decided to post and ask for help. Here's my bio, I am 36, married, 3 kids, 10,7,& 5. I feel like we have made a pretty good start to our investing future. Currently, we have approx 250k in investments, mainly thru 401k's, rollovers, and recently with some Roth's. About 5 years ago, we needed to do a 401k rollover and wanted to get some investment help. Ameriprise was recommended from a family member, and we bought into it, naively thinking the FA had our best interest in mind. Within the past 2.5 years, after reading so much negativity on Ameriprise, I started getting cold feet, and quit contributing to Ameriprise. I opened up Roth accounts with Vanguard and have fully funded Roth's at VG the past 2 years. I am thinking I want to move my investments to Vanguard, but I am a bit apprehensive, mainly because of the unknown. And honestly, I really don't want to do lots of research to become an investment professional, but I don't want to stay with Ameriprise Either. Should I find another FA, like a pay by hour service, or just invest in Vanguard Targeted funds? How do I know which Ameriprise items can be moved, especially a REIT?
Below is a list of my Ameriprise holdings.
$123k SPS Advantage ETSIX, NVOAX, SLASX, TWEAX, TCWAX, CSMIX
$27k REIT's - CBREIT 16k & CPA17 11k
$12k Brokerage IRA 12k ANCFX, ANWPX, AQEAX, IGLGX, SSCVX
$14k Roth IRA's AQEAX, SSCVX
$16k Ameriprise ONE - AXMAX
and the one I really don't know enough about, I believe it's an annuity
$10,329 RVS RT ADV ADVT PLQ surrender value of $9200
Thanks for any advice, John.
Below is a list of my Ameriprise holdings.
$123k SPS Advantage ETSIX, NVOAX, SLASX, TWEAX, TCWAX, CSMIX
$27k REIT's - CBREIT 16k & CPA17 11k
$12k Brokerage IRA 12k ANCFX, ANWPX, AQEAX, IGLGX, SSCVX
$14k Roth IRA's AQEAX, SSCVX
$16k Ameriprise ONE - AXMAX
and the one I really don't know enough about, I believe it's an annuity
$10,329 RVS RT ADV ADVT PLQ surrender value of $9200
Thanks for any advice, John.