Are there any tax consequences in transferring my account to OMC?
We are sensitive to tax considerations when transferring private accounts. Each individual account is evaluated for any impact of capital gains/losses or penalties on existing investments. We do not require selling assets before they are transferred. In many cases, assets can be transferred from one advisor to another without selling.
There are no tax consequences to move your IRA, Roth IRA, 401k, or 403b if accounts are transferred via trustee-to-trustee transfer or direct rollover. Again, in many cases, an IRA or Roth IRA account can be transferred from one advisor to another without selling.
