1. FAQ
  2. Custodian & Broker Information

What Is The Process...?

Once you have approved an allocation for your Personal Portfolio, you will be directed to open a new account with a custodian brokerage. It is important that you do this through our portal, not simply by visiting the custodian as a regular retail customer. In most cases, assets within a brokerage account can be transferred very simply using what is called the Automated Customer Account Transfer System (ACATS).

This is just a fancy way of letting the custodian know that you have an existing account at another institution. They will then facilitate moving the assets from your former broker to your new Personal Portfolio. Once your account is fully funded, the Motley Fool Wealth Management team will then do all of the trading and balancing required to deploy our recommendations across your account.