u/No-Statistician9909

Is there any benefit to transferring qualified IBM RSUs from Morgan Stanley to Fidelity when ready to sell those RSUs? Or, is it better to keep them in Morgan Stanley and sell via Morgan Stanley? Appreciate any pros/cons or fee info to be aware of (is one better?) from anyone who has done this or knows more about stock and strategy than I do. (Mine isn’t much).

My thoughts: Fidelity is very user friendly and all my other assets are there (except for my ESPP, which is in Equate Plus). I’ve transferred past employer plans to Fidelity as well. I’d like to consolidate which tool I use for purchasing and selling stock. But if there are fees or other strategic things to consider that make it more advantageous to keep the stock in Morgan Stanley, please share!

I’ve got IBM stock and have never sold any stock before. I have access to my Morgan Stanley and Equate plus accounts. Questions:

1. ⁠Do I need to have any special account set up for transferring the money to after selling? If so, what’s best/advised? (Checking account vs a brokerage account vs something else)

2. ⁠If I’m not sure yet of if I want to reinvest earnings vs cash it out, how long does one have to decide after the sale takes place? W⁠hat’s the best route to do reinvestment? What are tax and fee implications of cashing out vs reinvesting?

Any advice or resources are much appreciated!