What type of assets cannot be transferred?
• Any mutual fund holdings should be confirmed with a customer service representative prior to submitting your request as there may be some mutual funds that we cannot hold • Securities sold exclusively by the prior firm (proprietary funds), including any money market funds • Limited partnerships • Annuities • CDs • Bankrupt securities or securities under reorganization If an account includes any non-transferable securities, it may delay the transfer. If submitting an ACAT transfer, the prior firm is required to transfer all acceptable securities or assets through the ACAT system and verify with you how to handle the remaining assets. You generally have two choices: 1) sell the non-transferable securities or assets and transfer cash; or 2) leave the securities with the prior firm.
