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Are there any ACAT fees associated with transferring digital assets in Edward Jones?

avatarRamya sriDec 20, 2021 · 3 years ago3 answers

I'm considering transferring my digital assets to Edward Jones, but I'm concerned about the fees. Are there any ACAT fees associated with transferring digital assets in Edward Jones? Can you provide some details on the fees and how they are calculated?

Are there any ACAT fees associated with transferring digital assets in Edward Jones?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Yes, there are ACAT fees associated with transferring digital assets in Edward Jones. ACAT stands for Automated Customer Account Transfer and it is a fee charged by brokerage firms when transferring assets from one firm to another. The specific fees and calculations may vary, so it's best to contact Edward Jones directly for the most accurate information. They will be able to provide you with detailed information on the fees and any other requirements or restrictions that may apply.
  • avatarDec 20, 2021 · 3 years ago
    Transferring digital assets to Edward Jones may incur ACAT fees. ACAT fees are common in the industry and are charged by brokerage firms for the transfer of assets between different firms. The fees can vary depending on the type and value of the assets being transferred. It's recommended to reach out to Edward Jones for specific details on their ACAT fees and any other associated costs.
  • avatarDec 20, 2021 · 3 years ago
    While I can't speak specifically for Edward Jones, it's important to note that ACAT fees are a common practice in the industry. These fees are typically charged by brokerage firms for the transfer of assets between different firms. The specific fees and calculations can vary, so it's best to contact Edward Jones directly to inquire about their ACAT fees and any other costs associated with transferring digital assets. They will be able to provide you with the most accurate and up-to-date information.