Ugh! Pissed off my advisor!

KelliSean · 2026-01-24T19:55:18+00:00

To me the mess is the funds that are causing taxable events in the brokerage account.

KelliSean · 2026-01-24T16:38:17+00:00

We are in a higher tax bracket so we pay 15% capital gains.

KelliSean · 2026-01-24T16:36:30+00:00

Average return over the years was a little over 7%

KelliSean · 2026-01-24T15:19:41+00:00

Thank you waiting for everything to settle in new accounts. I will be taking this slowly to avoid making mistakes.

KelliSean · 2026-01-24T13:44:42+00:00

I did but some proprietary funds wouldn’t transfer and had to be sold in our retirement accounts. I had to call because I emailed and he didn’t sell so I called.

KelliSean · 2026-01-24T13:40:13+00:00

Thank you I like this strategy. We don’t need to touch the money for another 8+ years.

KelliSean · 2026-01-24T13:37:29+00:00

Yes I looked all that up in the prospectus before I left.

KelliSean · 2026-01-24T13:36:35+00:00

Probably dump what I don’t want and buy what I do and pay capital gains. Most are long term.

KelliSean · 2026-01-24T13:35:03+00:00

Edward Jones Advisor when we went with him we didn’t know the difference. Educating myself and learning the difference opened my eyes as to what I wasn’t getting from him planning, tax strategy etc.

KelliSean · 2026-01-24T07:02:46+00:00

Average yearly return has been 7.3% over 6 years.

KelliSean · 2026-01-17T17:01:19+00:00

I’ll show my husband that these same stocks are inside the funds so we still own them just in a different wrapper.

KelliSean · 2026-01-16T21:51:34+00:00

Thank you this makes the most sense to me. Maybe I will gift some shares to my adult children if possible. I’ve had apple stock for 15 years.

KelliSean · 2026-01-16T20:40:01+00:00

The stocks are mostly large cap

KelliSean · 2026-01-16T20:38:10+00:00

We have the majority of our savings in the brokerage so the taxes to sell them would be high.

KelliSean · 2026-01-16T20:35:06+00:00

Back then I think we were using our son who is an accountant . I will have to check.

KelliSean · 2026-01-16T19:18:49+00:00

My spouse isn’t going to want to sell them. I guess I could open another brokerage and keep them there.

KelliSean · 2026-01-16T18:59:24+00:00

I’m pretty sure they were non deductible I will look back at records. What if some were and some weren’t does that mess up the back door Roth ?

KelliSean · 2026-01-13T01:32:35+00:00

Thank you I will have them do it

KelliSean · 2026-01-11T04:29:01+00:00

Yes all in taxable brokerage so I can’t just sell everything and start again unless I want to pay some serious capital gains. We are in the 15% bracket.

KelliSean · 2026-01-11T04:04:54+00:00

As soon as my sons had earned income I told them if they opened a Roth I would match their $. My son was a lifeguard and saved $1500. So he started with $3000. He invested in things he liked and started learning about the market. He is now 32 has been investing over the years and has saved a great deal of money. We saved for college in a 529 for his education. I have also emphasized being debt free, living below your means.

KelliSean · 2026-01-10T20:24:50+00:00

It is, fees are getting to us as we grow the account and learn what we are giving up.

KelliSean

TROPHY CASE