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Written by Ryan Scribner on February 11, 2024
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How To Transfer From Fidelity To Vanguard 2024

If you're considering transferring your assets from Fidelity to Vanguard, the process is relatively straightforward.

This article will guide you through the necessary steps to ensure a smooth transfer, whether you're moving individual accounts or transitioning between different account types.

Check out my video on how to transfer your brokerage account below, let's dive in!

Learn More: Robinhood Retirement 3% Match

Robinhood is a popular "all-in-one" investing app.

While they are most well-known for their commission free stock trading, they've recently shaken up the Retirement Investing World too.

Introducing Robinhood Retirement; home of the biggest IRA match on the market.

Robinhood IRA Boost

Here's what you need to know:

  • Robinhood offers 2 types of retirement accounts - the Roth IRA and Traditional IRA
  • All Robinhood investors will get a 1% Match on what they Contribute or Transfer
  • Robinhood Gold members will get a 3% Match - the biggest on the market

And don't worry, this comes with a Portfolio Builder Tool. You don't have to construct your investment portfolio from scratch if you don't want to.

Lastly, you'll even get a free stock worth up to $200 when you open a new Robinhood account using our link.

Best Free Stock Promotions

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1. Open A Vanguard Account

Vanguard was the pioneer of low fee investing for the people.

You can open a new Vanguard account during the transfer process, or you can go ahead and open it beforehand.

2. Identify Which Accounts to Transfer

Before initiating the transfer, identify the accounts you want to move.

Vanguard Transfer 2

Whether it's an individual account to another individual account or not, make sure to understand the account types involved.

Note that transferring between unlike account types may require additional paperwork, such as an IRA Rollover.

3. Gather Info

To initiate the transfer, gather essential information such as your username, password, or account number from Fidelity.

The easiest method is the electronic transfer, which simply requires you to log in to your Fidelity account.

Vanguard Transfer

If an electronic transfer is not possible, submit a copy of your Fidelity account statement dated within the last 90 days.

4. Initiate The Transfer

Electronic transfers can be completed in as little as 5 to 7 days.

You can monitor the progress of your transfer online through the "Track Your Transfer" link on your Vanguard Account Details page.

In case paperwork is necessary, the transfer may take longer.

To initiate a paperwork transfer:

  1. Print, sign, and mail the Vanguard transfer form.
  2. Include an account statement from your Fidelity brokerage account.

After you initiate the transfer, Vanguard will reach out to Fidelity and provide them with the necessary information.

Fidelity will confirm the information provided by Vanguard before transferring your assets. This step ensures accuracy and security.

Once the information is confirmed, your assets will be transferred to Vanguard. Throughout this process, Vanguard will keep you informed about the progress of your transfer.

Conclusion

Transferring from Fidelity to Vanguard is a straightforward process, whether you choose an electronic transfer or a paperwork transfer.

Article written by Ryan Scribner
Ryan Scribner is the Co-Founder of Investing Simple and author of the personal finance book ‘From Side Hustle To Main Hustle To Millionaire’ (available on Amazon and at Barnes & Noble). He is recognized as a Top 100 Money Expert by GoBankingRates. Ryan Scribner runs a successful YouTube channel focused on money and investing, which he started in 2016. Scribner was exposed to the finance world early on with a dad who is a financial advisor. Before he started his YouTube channel, he was working and making a surplus of money which he began investing on his own. Then he started to document it on his YouTube channel, before launching the Investing Simple blog in 2018. Ryan Scribner has used his own experiences with money to show others what he’s done to be successful so that they can learn from it. He has been featured in The Wall Street Journal in a publication on The Financial Gurus Millenials Listen To. In addition, Ryan Scribner has been featured in MarketWatch, Business Insider and Forbes - where he was recognized as the #1 Must Watch YouTube Channel For Making Money. In recent years, Ryan has become an angel investor across numerous startups. This includes fintech platforms such as Yotta, Mesh Connect and Commonstock - recently acquired by Yahoo Finance. Beyond that, Ryan has equity investments in a veteran-led cybersecurity company Netrise, as well as Beacons - an all-in-one builder tool for creators. Today, Scribner lives in South Florida - teaching others how to build wealth and “semi-retire,” without sacrificing your life to a 9-to-5.

Read more

Power Your Investing

Choosing the right product and service is essential for your investing. Here are some of the tools and services to help your portfolio grow.
Robinhood
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Fundrise
Passively invest in private real estate deals with as little as $10. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee.
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Get 1 Free Stock Worth Up To $200 From Robinhood!

Don't Miss This Opportunity!

Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount.

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