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My wife has recently took a new job that requires us to have all of our holds that are at brokerage firms to be held at Fidelity. We both have SEQUX fund and its not available at Fidelity. The question should I go ahead a sell SEQUX or transfer those funds of SEQUX directly to SEQUX {which would be acceptable from her company} Thanks for everyone's input!
Sequoia is not having a wonderful year but tends to outperform when the market is weak>I would take steps to keep it while recognizing it should not be the only fund you own
I agree. It sounds like you're being forced to consolidate, so even having this one outlier somewhere else is not going to create more bookkeeping for you. You'll still have fewer accounts (or at least no more) than you started with.
I have my SEQUX Roth account held by DST Systems (transfer agent for SEQUX). You have the choice of paying a once a year $12 administrative fee or have the fee deducted from your SEQUX account. I would move the account to the transfer agent rather than sell it.
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One of greatest funds ever...