capt_zman

Anyone have any gouge on how to do this properly? Greatly appreciated

busdriver12

Depends upon your specific situation. Don’t listen to any of us here, call Fidelity and ONLY talk to Executive Services, otherwise you’re wasting your time.

PurpleToolBox

I agree with don't take blind advice from a pilot. HOWEVER, I put the management of my 401K in the hands of Fidelity Executive Services and they junked it all up. Although they had my request to be very risky with the investments, they sold funds that were making huge gains for funds that were actually negative for the year. I couldn't believe it. Don't take their word as gospel. Get a second opinion.

purple speed

Anyone here put Legacy in charge of their PRSP and been happy with it?

https://www.legacywealth.com

Galley Slave

Call the FedEx Fidelity number as others have noted. They will direct you to the forms that you will need to fill out and return. Once processed you will see your new brokerage account show up on line and you will be able to transfer funds into the account. Super easy!

TacoTuesday

I am also interested in knowing this. I am fairly well read when it comes to finance and have done well managing my own portfolio for years... however I am now wondering if paying their fees to "set it and forget it" and not dick it up like a typical pilot later in life, is the smart thing to do. Literature would say any broad based indexed portfolio should perform just as well or maybe better than theirs (due to their fees, assuming you would invest that money in another low cost fund and not another set of bigger Alaska Bush wheels you don't need for your cub)... however that assumes you leave your human/pilot human mind out of it... which can be tough to do especially in higher stress times like right now, when things don't look great for the company or the country.

Anyone who has feedback with Legacy or Capital Wealth management would love some feedback. Legacy claims nearly all their pilot clients stick with them.

busdriver12

That sucks, for sure. I have never had them manage anything, nor asked for advice. But they do seem to be competent when you tell them what you want to do (ie rollover your funds to an IRA or Roth IRA, conversions, etc). If you talk to anyone other than Executive Services, you'll be explaining yourself several times until they finally send you over to Executive Services. Then you explain it again.

kronan

You should be able to Open a Brokerage Link account on the NetBenefits website. I tend to find it easier to do certain tasks on a Desktop versus an iPad.
Once the Brokerage Link is open, you should be able to transfer funds directly to it. Don't know if there's a Transfer In Kind option or not if you wish to simply retain some of the funds. Notably Primecap. Primecap is closed except for legacy options.
But sounds more like you want to branch out to different investments or stocks.

Only limitation I'm aware of with the Brokerage Link option is that you can't buy FedEx stock, should you choose to do so.