New Investment Account no "One Step Update"

Question

I am a long-time user of Quicken. I am moving my investments to a Trust Bank that does not work with Quicken. Can anyone give me advice on how to handle the movement of assets, daily activity and keeping track of market value?  Currently I have 5 accounts on Quicken that each has an average of 12 Mutual fund accounts (with constant activity in each mutual fund). I am planning on keeping the 5 accounts but adding individual stocks, possible bonds with my new broker inside each account. It sounds like I set myself up a big headache. The new accounts should start in the next 30 days, and I wanted to get advice from someone who has done this in the past. Any reference material would be appreciated.

q_lurker · Answer

Adding on to Tom's comment, there is also a Reminder transaction you can enter into the transaction list to remind you when you transitioned from one FI to the other.

Robert Gantzer · Answer

Between Boatnamiac's and Tom's advice, I feel that I have a good starting point to record activity with a new broker.

Thanks

Robert Gantzer · Answer

Hi Tom,

This makes sense, I will disconnect the OSU, rename and comment on the changeover date. I will have online access to the accounts and will update periodically (hopefully daily). The market values should continue to update. I will see how it goes in a month or so.

I appreciate your advice.