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Discussion Starter · #1 ·
FYI- the Morgan Stanley accounts some of us created for the DSP/IPO are "limited" accounts and you can not purchase additional/other investment stocks with these accounts.

Has anyone spoken with a MS rep regarding converting the DSP account to a "regular/full feature" account?

Thanks... Rob
 

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No, once everything settles (which I think finalized yesterday), I plan to transfer the shares to our regular brokerage. There's a transfer tab there that will move the shares from MS.

I can't handle too many accounts...
 

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Discussion Starter · #3 ·
I spoke with a MS Advisor yesterday concerning the limitations of these DSP accounts. All we can do is sell or transfer out our Rivian shares. Can't purchase more Rivian or any other company stocks. The rep suggested to set up a free E-Trade (which is owned by MS) account for other acquisitions, etc..
 

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Discussion Starter · #7 ·
e-trade is way better... Are you saying we can move the shares to e-trade from MS? That would be awesome. I haven't looked into it.
Yes, that's what the MS Advisor told me yesterday. Is he correct, I guess we'll see.... :)

The smile above is related to the stock value today!
 

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NICE.. I meant online (without filling out forms), but good to know.
Did a very quick search on TD Ameritrade - didn't get to far with it. Seemed like I needed to fill out an online form then sign a physical form...seemed too much to do at the moment. Will do it eventually to centralize but got annoyed pretty quick. I hope it's actually easier than I found.
 

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It can be done via ACAT or physical form, but you will need your MS account number. ACAT is usually done with a fee, but the fee is waived if you transfer online between MS and Etrade. However, my 9 digit MS number is not working in the E-trade transfer utility, as it requires a 10 digit MS Account number to work from the e-trade utility. Argggghhhhhh
 
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