Upon receipt of an ACATS transfer, we'll hold these positions in a Transferred Securities goal 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 (note: if you’d like to request email consent from your client in lieu of an e-signature, use this form instead)
- Scan the completed transfer request form
- Send the completed 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 transitory account, which supports holding assets outside of our managed portfolios, for your client. This account will be titled "Transferred Securities" and will appear like any other goal within the Betterment for Advisors platform. All funds held in a Betterment for Advisors transitory account will be charged Betterment’s management fee of 25 basis points as well as the advisor’s fee. After the request is successfully submitted, the funds should appear in your clients' accounts in approximately 4-5 business days.