How do I transfer my account from another firm to TD Ameritrade?

Transferring your account to TD Ameritrade is quick and easy:

  • Open your account using the online application.
  • Once your account is open, you can log in and complete a transfer using the External Account Transfer Wizard.
  • The name(s)/title on the account being transferred must match the name(s)/title on the receiving TD Ameritrade account.
  • After your transfer is complete, you can add or remove account owners on your TD Ameritrade account. You can also establish other TD Ameritrade accounts with different titles, and you can transfer money between those accounts.

Examples of Transfers
(In all examples below, the account to be transferred is listed first, and the TD Ameritrade account title is second.)

Acceptable

-FROM-

John Q. Public, Jr.

Jane A. Public

JTWROS

-TO-

John Q. Public, Jr.

Jane A. Public

JTWROS

Unacceptable

-FROM-

John Q. Public, Jr.

Jane A. Public

JTWROS

-TO-

John Q. Public, Jr.

Individual

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How do I transfer assets from one TD Ameritrade account to another?

  • Simply complete the online Internal Account Transfer Form.
  • Be sure to include both account numbers and a detailed description of the assets to be transferred (such as the exact amount of cash and/or number of shares of each security you wish to transfer). If you wish to transfer everything in the account, specify "all assets."
  • The form must be signed and dated by all account owners of the delivering account (the account the funds are being transferred from). However, if a debit balance is part of the transfer, the receiving account owner signature(s) also will be required.
  • All contributions to an IRA must be made in cash and you must include a completed IRA Deposit Slip with your form. Please contact TD Ameritrade at 1-800-669-3900 for information on additional exceptions for IRAs.

Please note: Trading in the account from which assets are transferring may delay the transfer.

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How do I transfer shares held by a transfer agent?

Contact your transfer agent and obtain a current account statement, then submit your account statement to TD Ameritrade along with a completed TD Ameritrade Transfer Form. Be sure to indicate how you would like your shares transferred by making a selection in Section 3-D of the form.

Please note: The registration on your account with the transfer agent must match the registration on your TD Ameritrade account.

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How do I complete the Account Transfer Form?

  • Open your new account online and follow the step-by-step tutorial.
  • To transfer to an existing TD Ameritrade account, print the Account Transfer Form and follow the instructions below:

Guidelines and What to Expect When Transferring
Be sure to read through all this information before you begin completing the form. Contact us if you have any questions.

Information about your TD Ameritrade Account

  • Write the name(s)/title of the account as it appears on your TD Ameritrade account. If you do not already know the number of the TD Ameritrade account into which you are transferring, leave the account number section blank.
  • You must complete the Social Security Number or Tax ID Number section(s) because your transfer cannot be processed without this information.

Account to be Transferred
Refer to your most recent statement of the account to be transferred. Be sure to provide us with all the requested information.

Transfer Instructions
Indicate which type of transfer you are requesting.
If the assets are coming from a:

Brokerage account: indicate whether your transfer is to be TOTAL or PARTIAL by checking the appropriate box. To do a PARTIAL transfer, you must list specific assets and quantities in the spaces provided on the transfer form.

Mutual fund company:

  • When transferring a mutual fund held in a brokerage account, you do not need to complete this section. Instead, please complete either the TOTAL Transfer Section or PARTIAL Transfer Section of the form. Some mutual funds cannot be held at all brokerage firms. This typically applies to proprietary and money market funds. These funds must be liquidated before requesting a transfer.
  • List the fund name and mutual fund account number to be transferred. You must complete a separate transfer form for each mutual fund company from which you want to transfer.
  • You may, however, list several funds on one transfer form, provided they are all held at the same mutual fund company. You will need to choose if you want each fund to TRANSFER AS SHARES or to be LIQUIDATED and transferred as cash to your TD Ameritrade account. If you choose to transfer shares, you must also choose whether you would like FUTURE CAPITAL GAINS AND DIVIDENDS reinvested into shares or paid in cash.

CD, Life Insurance, or annuity: If you are transferring a Certificate of Deposit (CD), please indicate (with your initials) if you want to redeem your CD immediately or at maturity. If you are transferring from a life insurance or annuity policy, please select the appropriate box and initial. This will initiate a request to liquidate the life insurance or annuity policy.

Direct Rollover:

  • Transfers from a qualified retirement plan are typically completed by following instructions from the administrator of the plan. You may not need to complete a TD Ameritrade Account Transfer Form. Please check with your plan administrator to learn more.
  • Rollover IRAs held at another institution can be directly transferred into a TD Ameritrade IRA by completing the TD Ameritrade External Account Transfer Form.*
  • In all other cases, please complete an Online Account Application. (To open this IRA, TD Ameritrade requires you to be of legal age in your state of residency.)

Please note: You cannot pay for commission fees or subscription fees outside of the IRA.
*At this time, TD Ameritrade is unable to directly roll over a qualified retirement plan to a Roth IRA. Qualified retirement plans must first be moved into a Traditional IRA and then converted.

Transfer Agreement: All authorized TD Ameritrade account owner(s)/trustee(s) must sign in the space(s) provided. Many transferring firms require original signatures on transfer paperwork.

Remember to do the following:

  • Include a copy of your most recent statement with your account name(s)/title clearly shown.
  • Complete Sections 2 and 3 in full.
  • Complete the appropriate information in Section 4.
  • Make sure your account title in Section 2 matches the account title in Section 3.
  • Sign in Section 5 that you are an account owner or trustee.
  • Please contact a New Client consultant if you want help completing the Account Transfer Form.
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How long will my transfer take?

This depends on the type of transfer you are requesting:

Total brokerage account transfer:

  • Most total account transfers are sent via Automated Customer Account Transfer Service (ACATS) and take approximately five to eight business days upon initiation. ACATS is a regulated system through which the majority of total brokerage account transfers are submitted. Transfers coming from some smaller firms, which are not members of the National Securities Clearing Corporation (NSCC), which is responsible for regulating and governing the ACTAS system, are processed as non-ACATS transfers. Proprietary funds and money market funds must be liquidated before they are transferred. Please complete the online External Account Transfer Form.
  • The transfer will take approximately 5-8 business days upon initiation.

Partial brokerage account transfer:

  • List the specific number of shares for each asset to be transferred when you complete the Transfer Form. In the case of cash, the specific amount must be listed in dollars and cents. This type of transfer is processed as a non-ACATS transfer. Please complete the online External Account Transfer Form.
  • The transfer will take approximately 3 to 4 weeks from the date your completed paperwork has been received.

Mutual fund transfer:

  • This section refers only to those mutual funds that are held directly with a mutual fund company. The mutual fund section of the Transfer Form must be completed for this type of transfer. You may enter several funds (individually) on one Transfer Form, providing they are all held at the same mutual fund company. You must choose whether you want each fund to be transferred as shares or to be liquidated and transferred as cash. This type of transfer is processed as a non-ACATS transfer. Please complete the online External Account Transfer Form.The transfer will take approximately 3 to 4 weeks from the date your completed paperwork has been received.

Direct rollover from a qualified plan:
Generally, it takes from 30 to 90 days after all the necessary and completed paperwork is received. The actual time frame is dependent on the plan administrator’s processing time, so please contact your plan administrator for details.

Bank/CD/Annuity transfer:

  • Please send a personal check. CDs and annuities must be redeemed before transferring. When transferring a CD, you can have the CD redeemed immediately or at the maturity date. If transferring at the maturity date, you must submit your transfer request to us no later than 21 days before the maturity date. Annuities must be surrendered immediately upon transfer. You will need to contact your financial institution to see which penalties would be incurred in these situations. This type of transfer is processed as a non-ACATS transfer. Please complete the online External Account Transfer Form.
  • The transfer will take approximately 3 to 6 weeks from the date your completed paperwork has been received.

Internal TD Ameritrade transfer:

  • Transferring assets between two TD Ameritrade accounts requires an Internal Account Transfer Form. (IRAs have certain exceptions. Please contact TD Ameritrade for more information).

    Your completed form must include both account numbers and a detailed description of the assets to be transferred (such as the exact amount of cash and/or number of shares of what security, or specify "all assets"). The form must be signed and dated by all account owners of the delivering account (the account the funds are being transferred from). However, if a debit balance is part of the transfer, the receiving account owner signature(s) will also be required. All contributions to an IRA must be made in cash and you must include a completed IRA Deposit Slip with your form.

Please note: Trading in the delivering account may delay the transfer.

  • The transfer will take place approximately 3 to 5 business days from the date your request is received by our Internal Transfer Department.
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How much will it cost to transfer my account to TD Ameritrade?

We do not charge clients a fee to transfer an account to TD Ameritrade. However, there are sometimes fees attached to holding certain types of assets in your TD Ameritrade account. For example, non-standard assets - such as limited partnerships and private placements - can only be held in TD Ameritrade IRAs and will be charged additional fees.

Delivering firms will usually charge fees to transfer the account out, which may result in a debit balance once your transfer is completed. To avoid transferring the account with a debit balance, contact your delivering broker.

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Can I transfer an existing debit balance and/or options contracts to TD Ameritrade?

If you are transferring a margin and/or options account with an existing debit balance and/or options contract, please make sure you have been approved for margin/options trading in your TD Ameritrade account. Please refer to your Margin Account Handbook or contact a TD Ameritrade representative to ensure that your account meets TD Ameritrade's margin requirements.

IRA debit balances:
Many firms will charge fees to transfer your account, which may result in a debit balance after your transfer is completed. Debit balances must be resolved by either:

  • Funding your account with an IRA contribution (IRA contributions must be in accordance with IRS rules and contribution limitations).
  • Or
  • Liquidating assets within your account. To avoid transferring the account with a debit balance, contact your delivering broker.

Transferring options contracts:
If your account transfer includes options contracts, the transfer of your entire account could be delayed if we receive your properly completed transfer paperwork less than two weeks before the monthly options expiration date. In this case, your contracts may be exercised or assigned by the firm from which you are transferring your account. Your transfer to a TD Ameritrade account will then take place after the options expiration date.

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AdChoices

Before investing in any mutual fund or ETF, be sure to carefully consider the fund's objectives, risks, charges and expenses. For a prospectus containing this and other important information, please contact the fund company or TD Ameritrade Client Services representative. Please read the prospectus carefully before investing.

Market volatility, volume and system availability may delay account access and trade executions.

Options involve risks and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading privileges subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options.

All investments involve risks, including the loss of principal invested. Past performance of a security does not guarantee future results or success. TD Ameritrade does not make recommendations or determine the suitability of any security, strategy or course of action, for you, through the use of TD Ameritrade's trading tools. Any investment decision you make in your self-directed account is solely your responsibility. Please consult other sources of information and consider your individual financial position and goals before making an independent investment decision. Courses are provided for general information purposes only and should not be considered an individualized recommendation or advice. While deemed reliable, TD Ameritrade makes no representations or warranties with respect to the accuracy or completeness of information provided.

**Offer valid for one new Individual, Joint or IRA TD Ameritrade account opened by 9/30/14 and funded within 60 days of account opening with $2,000 or more. To receive $100 bonus, account must be funded with $25,000 or more within 60 days of account opening. To receive $300 bonus, account must be funded with $100,000 or more within 60 days of account opening. To receive $600 bonus, account must be funded with $250,000 or more within 60 days of account opening. Offer is not transferable and not valid with internal transfers, accounts using the Amerivest service, TD Ameritrade Institutional accounts, current TD Ameritrade accounts or with other offers.   Qualified commission-free Internet equity, ETF or options orders will be limited to a maximum of 500 and must execute within 60 days of account funding. Contract, exercise, and assignment fees still apply.  Limit one offer per client. Account value of the qualifying account must remain equal to, or greater than, the value after the net deposit was made (minus any losses due to trading or market volatility or margin debit balances) for 12 months, or TD Ameritrade may charge the account for the cost of the offer at its sole discretion. TD Ameritrade reserves the right to restrict or revoke this offer at any time. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Please allow 3-5 business days for any cash deposits to post to account. Taxes related to TD Ameritrade offers are your responsibility. Retail values totaling $600 or more during the calendar year will be included in your consolidated Form 1099. Please consult a legal or tax advisor for the most recent changes to the U.S. tax code and for rollover eligibility rules. 

TD Ameritrade, Inc., member FINRA / SIPC  / NFA . This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2014 TD Ameritrade IP Company, Inc. All rights reserved. Used with permission.