A portfolio transfer lets you move your US stocks and ETFs from Schwab directly into your ARQ account, without needing to sell and repurchase. Your positions transfer as-is through the DTCC (the US central securities depository) via an ACATS transfer.
Key things to know before starting
The tax ID must match between your ARQ and Schwab account
Options and mutual funds can't be transferred
Stocks trading in OTC markets can't be transferred, only those trading in NYSE and NASDAQ
Where to find your Schwab account number
Schwab shows your account number on your account statement.
1. Open the Schwab app and tap "More" in the bottom-right corner.
2. Tap "Statements"
3. Tap the most recent Brokerage Account statement to open it.
4. Find your account number at the top of the statement, next to "Account Number."
How to start the transfer to ARQ
Open your Trade account. Select the option to move your investment portfolio.
Choose Schwab as your broker and enter the account number you found above.
Submit. Transfers can take up to 5 business days and can't be cancelled once submitted.
If you need help, contact our support team via the chat available in the app.