When you start working as an analyst in an investment bank, are you allowed to keep your Stash account? My firm has a list of approved firms, but since Stash lets you hold fractions of ETFs and such I do not know how I can even liquidate and transfer what I hold. I do not use it actively, but I have put a decent amount of money in there and would hate to lose any of it. Do I just take the L, or has any one managed to keep their account while working?
Trending Content - Investment Banking Forum
| +384 | Evercore Intern Seizure | 59 | 2h |
| +75 | JPM M&A is Gone??? Purely Coverage Banking??? | 35 | 7h |
| +64 | Is DCM actually underrated ? | 27 | 6h |
| +53 | How do I understand vs. just memorizing? | 10 | 2h |
| +48 | Losing my personality in Banking | 9 | 1d |
| +42 | Associate & Above IB exits | 17 | 1h |
| +37 | The good and bad with Wells Fargo | 7 | 5h |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 11 | 17h |
| +29 | Tech to IB Pivot | 20 | 6h |
| +27 | Which groups are ideal for laterals? | 12 | 1d |
Career Resources
I would reach out to compliance and ask about it, given that Stash isn't a usual broker. You may have to transfer full shares into an approved broker and liquidate the rest. I doubt they will give you a 407 Letter for it either. Just take the loss and save the headache.
Thanks!
Possimus et minus voluptas rerum quia nostrum. Dolore vitae dignissimos eum aut reprehenderit molestiae. Velit amet non et sed ipsa autem laborum.
Est hic odio excepturi accusantium ut suscipit. Pariatur earum sapiente consequatur quasi accusantium. Laudantium nihil optio cum facere ut ut eligendi illo. Fugit ipsam ratione recusandae omnis id porro illo. Ad est qui omnis ullam eaque facilis est iste.
Rerum est voluptas est fugiat praesentium vel. Et incidunt cumque nam est accusamus autem enim. Nihil voluptas est itaque ullam quasi. Qui optio ipsam ea mollitia. Itaque a id numquam qui quis porro ipsum. Dignissimos ipsa sed dolorem architecto culpa officia voluptas. Quia hic debitis blanditiis tempora in laudantium officiis.
Cumque esse dolor quaerat saepe maxime. Est ullam exercitationem necessitatibus reiciendis. Officiis pariatur harum iste. Culpa facere corrupti et odio. Perferendis asperiores et pariatur nam maxime dignissimos minus. Recusandae temporibus nulla perspiciatis perferendis. Ea sint nobis odio qui quod recusandae autem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...