Form 587368 - Wellstrade Customer Account Transfer Page 5
Download a blank fillable Form 587368 - Wellstrade Customer Account Transfer in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 587368 - Wellstrade Customer Account Transfer with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5
6Instructions
®
Transfer Assets to WellsTrade
•
Use this form to transfer your account from another firm to WellsTrade.
•
If your transfer is a rollover from a workplace retirement plan such as a 401(k) or 403b, please contact your former
employer or retirement plan provider for rollover instructions. They may require you to complete paperwork they provide.
•
If an asset cannot be held in your WellsTrade account, you will be notified and provided other available options, including
selling the asset and transferring the cash proceeds to WellsTrade or maintaining the asset at your previous firm.
•
Certain transfers may raise legal or tax issues or financial risk. Consult your legal, financial or tax advisor before
completing any transfers.
•
Use one form for each account you are transferring to WellsTrade.
•
If you are opening a new WellsTrade account, please apply online at or call us at 1-866-224-5405 for
assistance.
IMPORTANT: We need your most recent (typically within the last 90 days) account statement from the firm you are transferring
from.
Questions - We’re here to help 24 hours a day, 7 days a week. 1-800-TRADERS
How to Complete this Form
1.
Section 1. Information for your WellsTrade account. Please complete the entire section. Your name and account titling
should be exactly as it appears on your statement.
2.
Section 2. Information for the account you are transferring. Please complete the entire section. Your name and account
titling should be exactly as it appears on your statement. Please provide the address for your old firm so we can contact
them directly with your transfer request.
3.
Section 3. Transfer Instructions - choose only one type of transfer (A – E):
A - Transfer Entire Account – transfer all assets to WellsTrade and close your old account.
In kind – transfer your entire account exactly as it is without selling anything.
Liquidations – let us know if you want to sell all or only some of your assets. If you want to sell only certain
assets, please list them in Section 4, Individual Assets. You may need to contact your current firm directly to sell
assets as some firms will not accept instructions from Wells Fargo Advisors. For Mutual Fund Transfers, where
the fund is held directly at the fund firm, you should use Section 4, Individual Assets of this form to facilitate the
liquidation.
B - Partial Account Transfer. Only transfer certain assets to WellsTrade and your old account will remain open. List
each asset in Section 4, Individual Assets, and let us know if you want us to instruct your old firm to sell and transfer
proceeds as cash or transfer in kind. You may need to contact your current firm directly to sell assets as some firms will
not accept instructions from Wells Fargo Advisors. For Mutual Fund Transfers, where the fund is held directly at the fund
firm, you should use Section 4, Individual Assets of this form to facilitate the liquidation.
C - Mutual Fund Transfer. Transfer mutual fund shares held directly at the fund company (not at a brokerage firm or
bank). List each mutual fund in Section 4, Individual Assets, and let us know if you want us to instruct the fund company
to sell your shares and transfer proceeds as cash or transfer in kind. If you are submitting Mutual Fund Certificates,
please include the certificates along with paperwork. Send all documents via certified mail to the following address:
1 North Jefferson, Attn: Physical Transfer Department, St. Louis MO 63103
D - Certificates of Deposit (CDs) Liquidation
Upon Maturity - Request the CD be liquidated at maturity and transfer proceeds as cash. Please submit this
request one month before the maturity date in order to ensure your bank does not automatically renew.
Immediately - Request the CD be liquidated immediately and transfer proceeds as cash. You may be charged a
penalty to liquidate before the maturity date.
Percent or Amount – If you only want to transfer a portion of your CD, use this section to request a specific
amount be liquidated and transferred as cash. If this section is left blank the entire CD will be liquidated.
587368 (Rev 06 – 04/14) Page 4 of 5
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Business