How do I withdraw a large sum from my bank and give it to a money management firm?
I recently sold my house and paid off some debts, cards and student loans etc, and I want to leave the rest with my financial people.
I also I feel like there's some resistance to and monitoring of my spending lately and I don't like it, why do I need to explain to my bank my plans and why I am making withdrawals and wire transfers. I don't have a lot of financial savvy but I have to say I feel like no one really has he right to step in and ask me what I'm spending my own money on and why, or why I want wire money to another account in my name at another bank. IRS and tax issues aside (clearly I'm going to comply with any IRS income regulations), why do banks feel like they can pry like that?
Any advice would be appreciated as you can see my know-how of banking operations is limited but it feels a tad like my privacy is being invaded here. Thanks!