How do I change stockbrokers? will there be a fee if I move my accounts from LPL to another company?
Ask the company to which you want to move the account if they will reimburse the fee. Most will gladly do so. The firm you are moving the account from might charge about $35 or so. To move the account the broker to which you wish to move it will handle all the details. They will give you a form to fill out and most likely ask you for a copy of your latest broker statement. That is all there is to it. It normally takes about 2 weeks to make the transfer.