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How to Transfer Stock Between Brokerage Accounts
By: Steven Melendez | Reviewed by: Ryan Cockerham, CISI Capital Markets and Corporate Finance | Updated January 28, 2019
You can transfer an entire brokerage account or particular securities from one brokerage to another. Generally you can transfer an entire account using a system called the Automated Customer Account Transfer Service, or ACATS. If you have stock you bought directly from a company or even an old-school paper stock certificate, you can transfer that to a brokerage too. It's often better for tax purposes to transfer stocks from one brokerage to another rather than selling them and repurchasing them at a new brokerage.