Too many things in life are complicated. Managing your investments does not have to be one of them.
investors have accounts with multiple financial firms, generating what
can sometimes be an overwhelming amount of paper in the form of
statements, tax documents and performance reports. Consolidating your
accounts with a single, trusted advisor at a strong, stable financial
services firm is a simple process that can provide several benefits.
having all of your accounts with one firm, you will receive fewer
statements, it will be easier to understand your overall performance
and gathering your tax information will be less complicated. In
addition, with the ability to fully understand your overall portfolio,
your financial advisor can make more informed recommendations for your
plan. Consolidation can also be an effective estate planning tool. By
placing your assets in a trust, or Transfer on Death (TOD) account,
your heirs will not have to work with multiple financial institutions
during an already difficult time.
You can take “simple” one step further with ourSelectLink®
service. This feature can help you get organized and keep track of your
household finances. This complimentary service will link all of your
accounts that share the same mailing address, consolidate all of your
household statements, prepare a summary cover page and mail these
documents to you in one package. The summary enables you to view the
net worth of each account and the combined net worth for all of your
your account is simple. In most cases, your assets are transferred
directly from your old financial institution to Ziegler via an
automated system called the Automated Customer Account Transfer Service
or, ACATS. There is typically no need to sell or liquidate the assets.
No taxable event occurs as long as you are moving assets between
accounts that have the same registration or title. The process requires
only one form per account and typically occurs within 7-10 business days.
from certain financial institutions such as banks, mutual fund
companies or credit unions are not processed on the ACATS system and
may take longer.
Some securities may not transfer. Examples of investments that may not be able to transfer from one firm to another are:
Contact your Ziegler financial advisor or our client service center at
888 884 8339 for more information on consolidating your accounts with Ziegler.
This site has been published in the United States for residents of the United States. The foregoing has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. Securities, products and services offered through B.C. Ziegler and Company Member FINRA and SIPC.