I need advice on the wisdom of opening a second Roth account. I opened my first Roth the year they became available and that account is with a personal advisor.

I also have money in a Fidelity Brokerage account (401K Rollover) and would like to keep this money separate from the money I have with the advisor. My desire is to move funds from the regular IRA Rollover to a Roth account while stock prices are low so I pay less tax. Will the new Roth account be governed by the same rules or has something been "grandfathered" to earlier accounts that will be lost to a new account? I am 51 years old so the 5 year time limit isn't a concern at this point.

Thank you for your help.

kks