Advisor-led Account Transfers (Schwab)

Advisor-led Account Transfers (Schwab)

The following process allows an Advisor to transfer assets into a Schwab account from a Brokerage Firm, Mutual Fund Company, or Annuity.

Account Transfer

The Account Transfer process is begun on the account profile that you wish to transfer funds to.

  1. Navigate to Manage Clients > Dashboard and select the account to transfer into.
  2. In the upper right, click Action > Account Maintenance > Account Transfer.
  3. Enter the required identification verification and choose the source firm type. Ensure that a valid mobile number is entered for SMS verification during the signing process.
  4. Enter the details of the asset source and the assets to be transferred. Click Continue, verify the entered information, and click Continue again.
  5. Upload any required documentation and click Continue.
  6. 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 paperwork is automatically submitted to Schwab.

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