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Municipal bond questions

Started by CheepoBiker, February 27, 2019, 07:05:09 AM

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Good Day; I have some "self Managed" Municipal Bonds and CD's in a brokerage. What happens when I leave the brokerage? I mean, I have no paperwork other than the statement the brokerage sends showing the dividends being posted into my savings account. I'm liquidating the stock portion of the account, and want to manage the bonds as well. Thank you

Young And The Invested

If you have login access to the account, you should have ownership of the assets.  Once you liquidate, you can request either a wire deposit or check and transfer the funds either to your own account or to another brokerage account. 

In some cases, you may be able to request a position transfer which simply transfers the assets from your current brokerage to another.