Edric asked in Business & FinanceInvesting · 4 years ago

Say I have 5 stocks in my portfolio with Broker A. I want to transfer 2 stocks to Broker B. How do I do this?

I am aware of ACAT but if I understand it right, ACAT transfers the entire portfolio from Broker A to B. I don't want that.

2 Answers

  • Barney
    Lv 5
    4 years ago
    Favorite Answer

    You can do a partial ACATS, as long as the stock is eligible.

    Contact the receiving broker

    Source(s): from the industry
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  • 4 years ago

    Just call either broker and they can set it up. Just make sure they do it and the certificates don't come to you because if it is not an institutional transfer, it becomes a taxable event. (assuming you are in the US - but I don't know what acat means so maybe not?)

    • Waltz49
      Lv 5
      4 years agoReport

      Wow... I can't believe I answered this like this. It doesn't even make sense! It was late & I was thinking about tax qualified accts like an IRA rollover, but still. Yeewww!

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