Moving securities from one brokerage to another (U.S. In Kind Transfer)

carrbigdog's Avatar

carrbigdog

19 Apr, 2024 06:50 PM

I recently executed an In Kind Transfer where securities and cash are moved from one brokerage to another. The receiving brokerage recorded each security transaction as a BuyXfr identifying the former brokerage in the Transfer field. This results in a negative cash balance in the origin brokerage account. Is there a different way of moving the share balance to the new brokerage? If I create a transfer (XFR) transaction with the details of the security, the only information recorded is the total amount.

Thanks,

  1. 1 Posted by carrbigdog on 19 Apr, 2024 09:12 PM

    carrbigdog's Avatar

    OK, the response to myself, READ THE EFFFING MANUAL, or at least examine the extensions available.
    I just discovered that there is an extension, "Toolbox - Move investment transactions" that does exactly what I requested.
    Sorry for the interruption.
    Maybe someone else will see this before they ask.
    This may be closed
    DanC

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