I recently had a fraudulent wire transfer and early distribution come out of my fidelity account for 30k. I like fidelity but this looks bad and I’m really upset. I’d like to move to another brokerage with better security and maybe an incentive. Thoughts?

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Did they not make you whole again?

They are trying to get the money back.

Whoa......that's a big deal. Wow. I personally use Wdward Jones for myself personally. My company stuff resides at Fidelity. I would believe that Fidelty and that fraudulent transaction has to report that. I think I would be doing a review on yourself and tour personal information .....

I use vanguard for my IRA. Haven’t had any issues

How did they someone get the money out? Did they do it by phone or did they compromise your online access?

They went into my fidelity account and changed the phone numbers and the security codes were sent to that number. That or my phone was spoofed.

How easy was your password to crack? Use 1password if you aren't already.

Wow, that is terrible. Seems like you should be protected and not liable. They should have a signature from the person as well as a voice verification which would prove it's not you.

Anyway, I have had no problems with Fidelity for 25 years. I do like Schwab quite a bit too.

And still nothing

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