tag:infinitekind.tenderapp.com,2009-01-14:/discussions/investments/13-changing-firmsInfinite Kind: Discussion 2018-10-18T14:02:32Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/362818102015-03-14T15:10:14Z2015-03-14T15:10:27ZChanging Firms<div><p>How do I move my securities from one account to another? I just
changed firms and created five new accounts and need to move the
securities from the old accounts to the new accounts.</p></div>cwdavistag:infinitekind.tenderapp.com,2009-01-14:Comment/362818102015-03-14T15:46:19Z2015-03-14T15:46:19ZChanging Firms<div><p>Hi cwdavis,</p>
<p>If you are moving all accounts and all securities to a new firm,
then if I may make a suggestion, simply change the particulars of
the account(s) in Moneydance to reflect those of the new firm.</p>
<p>You will, of course, need to re-run the setup routine for online
banking so as to connect to the new establishment. (if
applicable)</p>
<p>I would make some annotation in the 'Comments' section of each
account as to the date of the transfer. Menu bar > Account >
Edit Account > 'Comments'.</p>
<p>HTH -Kevin N.</p></div>-Kevin N.tag:infinitekind.tenderapp.com,2009-01-14:Comment/362818102015-03-14T20:06:36Z2015-03-14T20:06:36ZChanging Firms<div><p>Hi</p>
<p>I tend to agree with Kevin here. If you are moving everything
from one firm to another than simply changing the account details
is the simplest course of action.</p>
<p>If you want to move a single security to another account you
need to enter a SellXfr in the source account at the original
purchase price, selecting the destination account in the "Transfer"
field. Then in the destination account enter a Buy at the same
price.</p>
<p>Ben Spencer<br>
Infinite Kind Support</p></div>Ben Spencertag:infinitekind.tenderapp.com,2009-01-14:Comment/362818102015-03-15T01:35:12Z2015-03-15T01:35:12ZChanging Firms<div><p>Thanks. I was hoping that I could do a transfer of each security
to the new firm and then would have a record of the prior firm.</p>
<p>I knew that I could just change the name and investment firm
details to the new firm.</p>
<p>I appreciate your help.</p></div>cwdavis