The Money Mustache Community

Learning, Sharing, and Teaching => Investor Alley => Topic started by: jeromedawg on October 15, 2017, 09:53:18 PM

Title: "Name of Financial Advisor" when transferring shares between brokerages
Post by: jeromedawg on October 15, 2017, 09:53:18 PM
Hey all,

I'm transferring shares from one brokerage to another and it's asking for the name of my financial advisor. I don't use a financial advisor though. Should I put my own name? Or is there a "financial advisor" representative whose name I'm supposed to be putting down for the destination brokerage?
Title: Re: "Name of Financial Advisor" when transferring shares between brokerages
Post by: Indexer on October 15, 2017, 09:55:44 PM
"Self Directed"

Just put that. They will know what it means.
Title: Re: "Name of Financial Advisor" when transferring shares between brokerages
Post by: jeromedawg on October 15, 2017, 10:14:34 PM
"Self Directed"

Just put that. They will know what it means.

Thanks!
Title: Re: "Name of Financial Advisor" when transferring shares between brokerages
Post by: marty998 on October 16, 2017, 01:34:41 AM
Not applicable works too.

I'm guessing they ask so they know who to stop paying commissions to...