Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Anyone use Fidelity Professionally Managed Services?
Old 10-03-2016, 09:31 PM   #1
Recycles dryer sheets
 
Join Date: May 2014
Posts: 52
Anyone use Fidelity Professionally Managed Services?

If so, likes, dislikes?
__________________

__________________
Ohio/Florida
Floridatennisplayer is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 10-03-2016, 10:19 PM   #2
Thinks s/he gets paid by the post
38Chevy454's Avatar
 
Join Date: Sep 2013
Location: Tijeras (Albuquerque), NM
Posts: 1,335
I do have some, maybe 15% in a tax-managed account intended to help reduce tax bite. Therefore invested all in individual company stocks. Overall it has done me good, and think it justifies the fee. Rest of my stuff is self-managed, but thought I would try the service and see results. So far good returns and some help at tax time. Will it always be good? That's the question. For right now my answer is to let them continue with it.
__________________

__________________
When I read about the bad effects of drinking, I gave up reading

Semi-Retired 7/1/16: working part-time (60%) for now
38Chevy454 is offline   Reply With Quote
Old 10-03-2016, 11:49 PM   #3
Thinks s/he gets paid by the post
Sunset's Avatar
 
Join Date: Jul 2014
Location: Chicago
Posts: 2,940
How is this better than a tax efficient ETF for example VTI which has only a 3% turnover ?
__________________
Sunset is online now   Reply With Quote
Old 10-04-2016, 06:01 PM   #4
Recycles dryer sheets
 
Join Date: Jul 2016
Location: New Hampshire
Posts: 120
I have been in Fidelity managed accounts (Portfolio Advisory Services - I assume this is what you're asking about) since mid-2014. I don't have a lot of confidence in my own ability to manage investments, though my Fidelity rep admits I did well overall. Overall I am satisfied with the service. I'm paying about 1% but returns have been decent and the peace-of-mind is worth a lot. I check up on the accounts several times a week and have discussions with portfolio managers twice a year. The accounts don't trade often, but I get plausible explanations when they do. I do like that they are "tax-efficient".
__________________
Steve
jonat is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
managed portfolio vs self managed snowball Stock Picking and Market Strategy 40 02-25-2015 10:32 AM
Fidelity managed ira alank908 Hi, I am... 4 08-14-2013 09:35 AM
Fidelity Premium Services JohnDoe FIRE and Money 41 12-21-2012 03:49 PM
Fidelity's "professionally managed" service Kabekew Stock Picking and Market Strategy 9 09-19-2011 06:57 AM
Fidelity Replacement Income or VG Managed Payout TONASKET Stock Picking and Market Strategy 5 07-18-2010 10:58 PM

 

 
All times are GMT -6. The time now is 07:32 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.