What are the steps of leaving Edward Jones and moving to Vanguard?

Vanguard's website and customer service phone number will walk you through what you need to do. Basically, open an account, obtain account number, instruct EJ to close account and to send check to VG for deposit. They'll help you make sure it remains "roth" money. Good call!

quote:

---

paying about 1.3% in fees after examination which he said was not bad and was surprised I had that with EJ

---

I am surprised too, normally it's much worse than that. To be fair to EJ, small accounts do come with high fees.

But to answer your question, moving your account should be very easy, just talk with Vanguard, Schwab, etc.

Bump..

I'm not the OP but I finally made the transition from EJ to Vanguard. It was a transfer-in-kind, so now I have my shares of four different American Funds Class C mutual funds sitting in my Vanguard account. I want to exchange them all for a target date retirement fund for now (VFFVX).

For those who have made the switch, is it as simple as clicking "Exchange" on the balances and holdings page? Or do I need to click "sell" and buy the target date fund with cash? How long does the entire process take? Sorry for the basic questions.. first time doing this myself. TIA