For various reasons, I am planning on moving my entire portfolio from "professional management" currently under an FA to self-management. I have a post-tax account and a pre-tax Traditional IRA. The post-tax account is mainly comprised of ETF's while the pre-tax IRA is mainly comprised of individual stocks.
I want to move the money to something like FSKAX (Fidelity Total Market Index) with maybe a little bit of FSPSX (Fidelity International Index) for international exposure, and maybe just a touch of FTBFX (Fidelity Total Bond) for balancing purposes - although probably unnecessary right now. Set, forget, and make auto-contributions monthly. Never look at it. This is long term, I am very confident I won't need the money for 20+ years.
1. For the post-tax account, is the easiest (and/or only) way to do this to have my FA liquidate all current ETF's, withdraw the cash to my bank account, and then re-buy the Index Funds under my self-managed account? I recognize I would incur any Capital gains taxes due next tax season.
2. For the Traditional IRA I obviously cannot withdraw the cash, so how would this one work?
Thanks.