Move My Account to a New Advisor

Instructions

Advisor clients can move their accounts from one advisor to another by request. Please keep in mind the following linking rules:

  • Client and new FA must be the same entity.

  • Client and new FA must have the same Pricing Structure (PRO/LITE).

  • Client cannot have open Money Manager accounts.

  • Client cannot move an account that has trading permissions for which the FA does not have sufficient trading experience.

  • Client limits on the new FA cannot be exceeded.

  • Moves to FAM and FAMILY OFFICE accounts require review and approval by IB.

  • Fractional shares in client accounts may be subject to liquidations if the FA does not have fractional share trading permissions enabled.

To move your account from one advisor to another, follow the steps below.

  1. Click the User menu (head and shoulders icon in the top right corner) > Settings > Account Configuration > Manage Account Linking.

  2. Click Move My Account to a New Advisor and press Continue.

    The manage account linking move my account to new advisor menu

  3. Enter the new Advisor's Account Number and Account Title.

    The move my account to new advisor panel in portal.

  4. Sign the new agreements, including the Client Agreement, Advisor Agreement, and Designation Change Disclosure.

  5. Press Continue to save these changes.

 

Additional Resources