Is it alright to keep all retirement accounts (ROTH, employee retirement group etc) with one organizations, for instance TIAA-CREF?

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Ryan Fuchs, Financial Planner

@RyanFuchs • 08/14/15 This answer was first published on 08/14/15. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Generally speaking, sure. It can make it easier to have things consolidated at one custodian sicne you only have to log in once place to see all of your accounts, etc. (though there are companies/sites/etc. where you can aggregate the information from all of your various accounts even if they are not at the same institution).

And as long as it is a reputable company that offers quality options, etc. it can be perfectly fine to keep multiple accounts at the same custodian.

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Eric Schaefer, Financial Advisor

@EricSchaefer • 08/14/15 This answer was first published on 08/14/15. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Absolutely, so long as the financial institution meets all of your needs. Each financial institution has its benefits and pitfalls, but if all of your investment and service needs are being met there is no reason to open accounts elsewhere. If something ever happens to you, it makes it a lot easier for whoever steps in to help if they can find everything under one roof.

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