We use the Fidelity’s CMA for our joint accounts (savings/brokerage and checking), one for our rental property, and another for my wife’s 1099 income. It allows us to have one interface for all of our needs. Customer service is the best at fidelity, and I moved “all in” on fidelity for the exact reason you stated. If something were to happen to me, it’s streamlined for my wife’s ease of use.I've got two thirds of my investments at Vanguard and the other third at Fidelity, and I'm planning to transfer everything to Fidelity. I use Fidelity Cash Management, have had good customer service experiences, and feel better about Fidelity security systems (such as Money Transfer Lockdown and their two-factor ID through the mobile app). I'm also retired now and think it will be easier for my wife to have everything in one place when they pull the sheet over my face.
Has anyone had a negative (or positive) experience doing this or does anyone recommend against it?
Statistics: Posted by lepegasus — Sun Sep 29, 2024 8:34 pm — Replies 128 — Views 19720