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Help with rolling roth from ameriprise to vanguard?
Old 11-17-2010, 07:05 PM   #1
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Help with rolling roth from ameriprise to vanguard?

Do i need to contact ameriprise at all during the rollover process or will vanguard take care of it all? Do i call ameriprise and tell them i would like to close my accounts? i really don' t know how it work so i could use a little help?
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Old 11-17-2010, 07:08 PM   #2
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Quote:
Originally Posted by dooo42 View Post
Do i need to contact ameriprise at all during the rollover process or will vanguard take care of it all? Do i call ameriprise and tell them i would like to close my accounts? i really don' t know how it work so i could use a little help?
I don't know all the details, but start with Vanguard.
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Old 11-17-2010, 07:09 PM   #3
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When I did a rollover I only talked to Vanguard, which was getting my rollover IRA. The other broker did call me. I missed the call and never called back.
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Old 11-17-2010, 07:36 PM   #4
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Already been said, but it is best to work with the broker that will be receiving the accounts. Just call Vanguard and they should lead you through it. They will likely make the process as easy as possible for you.
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Old 11-17-2010, 07:41 PM   #5
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Vanguard has done this many thousands of times. Like the folks above say, call them and they will guide you.
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Old 11-17-2010, 09:57 PM   #6
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Yup, call the people receiving the money. They are experienced and—more importantly—motivated. They'll point you to the right forms to sign to make it as quick and painless as possible (for them, and as a result, you).
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Old 11-18-2010, 07:25 AM   #7
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Ameriprise will probably take a pound of flesh as you exit. If you want to know the damages in advance, you'll probably have to ask them. Otherwise, hold your nose and let Vanguard to the dirty work.
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