How to Transfer Stocks Between Brokerages

by | Oct 27, 2022 | SEP IRA | 33 comments

How to Transfer Stocks Between Brokerages




I am going to explain to you how to transfer stocks between brokerages, specifically IRA’s and non retirement accounts. I used to do this for a living, so it is something I know very well. This only covers one type of transfer, but it is the most common form and hopefully this will help you with your transfer process!

Link to google doc with tips for transfer:

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33 Comments

  1. AroMad

    Thank you so much. This video was so helpful to me.

  2. William Penn jr.

    This is a great video.
    Does all the tax information transfer with the stocks, ( dividends and capital gains), or will I get statements from both firms?

  3. a Cordova

    Can I transfer partial stock from my r/ood account to my grandsons acct at r/hood?

  4. Alex Meza

    If my stock goes up or down while my transfer is in progress will I also get those gains or losses?

  5. Candee Wilfong

    Hi-This is probably super basic, but I don't know the answer. If I transfer out of Mutual funds and into index funds, will I most likely have to pay taxes on the gains, like a sale? My intentions are to just roll it all into index funds. this is not a retirement account.

  6. Justin Frey

    Any info on transferring out of moomoo?

  7. keem manhawkin

    I'm surprised this is the only video on this…with this little views

  8. L C

    i did in kind transfer from wealthfront to fidelity. i now have 10 funds, but i just want a 3 fidelity fund portfolio. Not sure how to proceed.

  9. Peace and Ohana

    Hello, question about this as I’m a new trader here. What if my total shares of a company are 300.5 but I purchased those 300.5 over time fractionally on different days etc, (so let’s say I bought approx 0.5 shares every day and never the full shares. Eventually it totaled to the 300.5 shares on robinhood. Now—let’s say I request to transfer my shares to another brokerage BUT I only want to transfer an even number of 300. Does the new brokerage see the 300 shares as full blocks of shares or do they see it as multiple purchases of fractional shares and will they liquidate any of this???

  10. ElPipi

    What about if I have open options, will those transfer as well or do I need them to expire?

  11. Aaron T

    Can I transfer Roth positions into a Brokerage account? Both accounts are on Schwab. Will I have to pay a penalty?

  12. Barbara Chambers

    Suppose you transfer a stock that has earned a dividend, but the dividend will not get paid until after the transfer happens. Does the dividend payment go to the original account, or does it find its way to the destination account? Or, does the transfer process stop to "wait" for the dividend to arrive at the first account before the transfer can complete to the second account?

  13. Lionel

    You know if I can transfer stocks from my account to another person account?

  14. sam fisher

    I want to transfer my shares of AMC out of cash app to another brokerage that doesn't go through citadel is there a way to do that

  15. d d

    good info.. but, eliminate background music.

  16. NOT NOW

    Appreciate your info…. nice voice by way, think about going into ad voice, seriously !!!

  17. Peter Ki

    this might be a dumb question but during the transfer process and when your portfolio is frozen, will my stocks continue to go up in value if the shares price goes up or is it just frozen at the current price I'm at? Thanks for your time

  18. Sultan Ibrahim

    Hi Matt,

    I’d like to Transfer my Roth IRA with M1 to a Fidelity Roth IRA. Should I open a Roth with Fidelity ahead of time? I’m definitely gonna try and negotiate the fees.

  19. Mahadevi Reddy

    Hi Matt,
    We get to see plan number for most of the employer sponsored accounts like 401ks 529, can we transfer those accounts using plan number in ACAT service.
    How full account number and plan number are different?
    Please respond ASAP. Thanks

  20. ac0420

    I have etrade myself and fidelity joint with my wife’s name first. How can I transfer from fidelity to etrade? Can I change joint to individual and than transfer? Thank you

  21. T. dino

    This was super helpful , I have a question. I had 1250 shares of APXT , it’s been about 7 business days and on my td Ameritrade It only shows me 730 shares . Nocost basis info has appeared yet. But the other 530shares are still on Robinhood . Should I just wait and give it more time or is there sort of a reason some of the shares are still left behind ?

  22. Javon Jones

    bro M1 transfer fee is horrible

  23. kenneth morton

    Does this transfer apply ro options as well? Like if I have an options contract open with RH will it transfer over?

  24. Marvin Montoya

    Nice content! So if i have invested my money all through fractional shares and then reach, let's say, 4.678 shares of amazon, then the 4 shares would transfer just as normal shares and the 0.678 shares would be sold and transfered as cash?

  25. Lawrence

    Thanks Matt!

  26. nacary avila

    If i have the same stock in 2 different firms… how would that work?
    Would the percentage change, newby here, very confused…

  27. Marius Pinte

    I would like to ask something more specific related to account names matching: if on one account I have registered with Name + Surname, and on another account I registered with Name + Middlename + Surname, will the transfer be rejected?

  28. k0nv0000

    I recently transfer my RH to webull. Is it correct that my average price for stock changes after the transfer to market price? Thanks in advance

  29. Joe Coughlin

    Excellent info. Thank you!

  30. Plain Jane

    Hey. Could you please check if you can put cc on? Thanks.

    PS: What if I don't save a ssn? ☹

  31. Mya Parker

    nice video

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