Re: Fidelity - transfer

[http://dummy.us.eu.org/robert (Robert)]

Alty - just got off the phone with Cheri.

Dealing with Morgan Stanley Palo Alto has been a pain -- it's very hard to
reach them.

I did get confirmation from Neil O'Connor at Morgan Stanley Palo Alto that
my Morgan Stanley account has been converted from a managed account to an
unmanaged account, and he said that I should be able to transfer the
account in-kind from Morgan Stanley to Fidelity.

However, I think Neil was making the assumption that the Fidelity account
would be unmanaged.

Since trying to deal with Morgan Stanley Palo Alto has been so painful,
I'm wondering if it would be easier to create a "buffer" unmanaged
Fidelity regular brokerage account to transfer into and, then, after that,
sell the troublesome asserts before putting it into a managed account.

Would that make sense?  Are there any downsides to doing it that way?

Thanks.