Advisor-led Account Transfers (Pershing)
The following process allows an Advisor to transfer assets into a Pershing account from another Pershing account or another Brokerage Firm. Assets can only be transferred between accounts that have the same owner.
Account Transfer
The Account Transfer process is begun on the account profile that you wish to transfer funds to.
- Navigate to Manage Clients > Dashboard and select the account to transfer into.
- In the upper right, click Action > Account Maintenance > Account Transfer.
- Enter the required identification verification, select Brokerage Firm and click Continue.
- Select if the source account is held at Pershing or not. If the source account is held at Pershing, only a full transfer is available.
- Enter the remaining details of the asset source and the assets to be transferred. Click Continue, verify the entered information, and click Continue again.
- If the client is with you, click Sign Now to sign the paperwork. If the client is not present, click Email to send the signing link to the client. Once the client has signed by either method, the transfer is submitted to Pershing.
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