Hello,
I have a Smith Barnery Roth IRA (formerly Legg Mason) that was basically opened for me about 10 years ago through my parents' financial advisor. I have two Legg Mason Funds that I was sold at the time (Opportunity & Value Trust Fund) that I have continued to add to over the years and have consequently sunk in titanic fasion over the last few years even starting well before the recession.
I am tired of Smith Barney/CitiGroup and all the high fees, lack of transparency, inability to control my funds easily, and paying for a finanical advisor that offers no assistance. I can not liquidate my funds and do a rollover as I've lost almost all the money that I put into the funds at this time, so I would need to do a transfer in-kind to another brokerage house. Only problem is, I continue to hear about the difficulty in moving Legg Mason funds.
Does anyone know which brokerage-investment houses will accept Legg Mason funds? Need to start fresh and free myself from this inertia that is killing my future retirement.
Thanks!
I have a Smith Barnery Roth IRA (formerly Legg Mason) that was basically opened for me about 10 years ago through my parents' financial advisor. I have two Legg Mason Funds that I was sold at the time (Opportunity & Value Trust Fund) that I have continued to add to over the years and have consequently sunk in titanic fasion over the last few years even starting well before the recession.
I am tired of Smith Barney/CitiGroup and all the high fees, lack of transparency, inability to control my funds easily, and paying for a finanical advisor that offers no assistance. I can not liquidate my funds and do a rollover as I've lost almost all the money that I put into the funds at this time, so I would need to do a transfer in-kind to another brokerage house. Only problem is, I continue to hear about the difficulty in moving Legg Mason funds.
Does anyone know which brokerage-investment houses will accept Legg Mason funds? Need to start fresh and free myself from this inertia that is killing my future retirement.
Thanks!