Is this a good time to change brokerage?

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Is this a good time to change brokerage?

<!-- SC_OFF --><div class="md"><p>So as I understand it, when you switch brokerage, going from Fidelity to Vanguard, for example, all your shares get sold and the new brokerage buys new shares for the cash out amount. </p> <p>Doing this when the market is high is a detriment, correct? Meaning, selling high then buying back in high, equals less shares. So my thought is, switch now when the markets low to be able to buy more shares at the lower price due to current market rates. </p> <p>I'm referring to strictly index funds and remaining in the same funds after the switch. My current brokerage charges higher fees and doesn't have the index the new brokerage offers. </p> <p>Is my thinking completely flawed?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Sistinas777"> /u/Sistinas777 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/tewxsw/is_this_a_good_time_to_change_brokerage/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/tewxsw/is_this_a_good_time_to_change_brokerage/">[comments]</a></span>Kind Regards R