Upon receipt of an ACATS transfer, we’ll hold the transferred ETFs in a transitionary Betterment account from which you will be able to liquidate all or a portion of the assets to move into a Betterment portfolio. To get started:
- Fill out this transfer request form
- Scan the completed and signed transfer request form (we accept e-signatures from your clients)
- Send the completed and signed transfer request form and a copy of your client’s account statement from the current custodian to firstname.lastname@example.org
Our operations team will review the information and create the transitionary account, which supports holding assets outside of Betterment’s portfolio, for your client. This account will be titled “Transferred Securities” and will appear like any other Betterment goal within the platform. Betterment will not assess platform and management fees on the amount held in the transitionary account and will not place any trades in the account unless you direct us to do so. After the request is successfully submitted, the funds should appear in your clients’ accounts in 4-5 business days.