Can I transfer vested stocks to Robinhood and invest in other multiple stocks?

Axon / Eng
napewi

Go to company page Axon Eng

napewi
Aug 23, 2019 3 Comments

What are the issues involved in doing this?
Will there be any fees involved?
Will this be a taxable event?

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TOP 3 Comments
  • Oracle
    blind_us3r

    Go to company page Oracle

    blind_us3r
    Robinhood stopped supporting transferring stocks from another brokerage to theirs early this year. (Because they transitioned to their own clearing house) and they don’t have the capability (yet) to do this.

    You will have to sell the stocks and transfer the money into RB for now.
    Aug 23, 2019 0
  • Of course it’s your money. You will pay tax on the gains
    Aug 23, 2019 0
  • Lyft
    !lyft

    Go to company page Lyft

    !lyft
    Some of the espp stocks and IPO stocks cannot be transferred for upto 1 year. You can sell them but can't transfer. Mostly due to tax calculation and accounting reason.
    Aug 23, 2019 0