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How to Transfer a Fidelity Account to TD Ameritrade,
E*Trade & Others (2023)
How to move Fidelity account/stocks/assets/money to Etrade, JP Morgan Chase, or Merrill Edge.
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Transfer a Fidelity Account to Another Broker
Fidelity customers who are thinking about trying out a new brokerage firm might want to consider
TD Ameritrade, Vanguard, E*Trade, or JP Morgan Chase. Transferring a Fidelity account to
one of these firms isn't that complicated. Here's a rundown on how to do it.
The Fidelity Side
The new broker handles the forms, electronic or paper, for completing a brokerage account
transfer.
The old broker might charge a fee for the transfer. After all, they don't want you to leave.
Fidelity is nice enough to charge nothing. This policy applies to both full and partial transfers.
How to Transfer Fidelity Account to TD Ameritrade
The on-line form at TD Ameritrade can be found by going to 'My Account' then clicking on
'Other Transfers' under 'Deposits & Transfers'.
Live chat is available with a transfer specialist. The broker also displays a customer service
phone number in the right-hand side of the screen. Ask Ted is a robo chat service offered on
the TD Ameritrade website. It is able to answer questions about transferring accounts. Finally,
there is a small FAQ devoted to transfer issues.
A statement from Fidelity needs to be submitted to TD Ameritrade.
The broker promises 5-8 business days for complete transfers and 3-4 weeks for partial transfers.
The best way to open a TD Ameritrade account is by using their promotion link,
which gives you account transfer fee reimbursement.
Take a look at the detailed TD Ameritrade Review »
$0 commissions + transfer fee reimbursement.
Open TD Ameritrade Account
How to Transfer Fidelity Account to E*Trade
To make transferring an account quick and easy, E*Trade has a simple on-line form to submit an
account transfer request.
A transfer can take as long as 2 weeks with this broker.
Make sure you don't need to trade securities during that time.
When completing the form, you first need to select the name of the old broker; in this case,
it's Fidelity. Next, choose the account type, such as a Traditional IRA. You must also select
the E*Trade account you want to transfer to. The account types must match. For example, a 401(k)
plan can't be transferred to a joint account.
The form also asks for the title of the Fidelity account. This is just the account holder's
name.
E*Trade requires a Fidelity brokerage statement with the application. Fortunately, the
statement can be submitted on-line.
On the E*Trade website, there is a handy account transfer FAQ. It answers several important
questions on transferring accounts.
Take a look at the detailed E*Trade Review »
Get zero commission on stock and ETF trades.
Open Etrade Account
How to Move Fidelity Account to Vanguard
New Vanguard clients can also use a handy on-line form. Doing so makes the process quick and
easy.
Once you're logged into the Vanguard site, it's time to find the form. The easiest way to do this
is to type 'Transfer Account' in the search field, which appears in the upper-right corner.
After performing the search, the form will appear.
Start by entering Fidelity as the broker to be transferred from. You'll need to enter the
approximate value of the Fidelity account.
A partial transfer is possible, in which case you want to be sure to enter the particular
assets you're transferring.
The Vanguard form has a nice feature that allows an application to be saved. There's also a
phone number displayed on the screen. If you need any assistance filling out the form, be sure
to give the broker a call. Useful questions about account transfers also appear at the bottom
of the screen.
Take a look at the detailed Vanguard Review »
Transferring Fidelity Account To Another Broker Summary
Moving securities from Fidelity to another broker is fairly straightforward. Picking a broker that
has an on-line transfer form makes the process that much easier.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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