forced to move brokerage accounts to hiring ib?

noticed recently in an offer contract that if i join this bank that i have to move all my brokerage accounts to the bank unless i get an exception from compliance in writing (obviously not going to happen)...going to miss my zecco account.

is this standard practice for ibanks?

2 Comments
 

Yes, it often is.

You may be able to work something out with compliance and Zecco so that your bank receives duplicate copies of your brokerage account statements. That's what I was able to work out at my current job.

  • Capt K
- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 

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