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![]() ![]() As a result, we encourage you to take care of any payments or transfers in advance of the weekend. Online-initiated banking and cash management features will also be unavailable in your brokerage account(s). Account access will be temporarily disabled for most of the weekend, including for your brokerage account(s) as well as any bank accounts with Morgan Stanley Private Bank that have the same log-on credentials as the brokerage account(s) being transferred.To facilitate the transfer of your account(s), several important events will take place during the weekend of your transfer date, including the following: Please rest assured that there’s nothing you need to do for this transfer to take effect, and you’ll continue to enjoy the online experience you’ve come to expect from us. If you wish, you can opt out of this transfer by following our opt-out instructions. ![]() In the event that your transfer date is adjusted, we’ll post a message to and the E*TRADE applications informing you of the new date. ETCM Blend and Fixed Income Portfolios will be transferred to Morgan Stanley’s Select UMA Program®, while ETCM Core Portfolios will be transferred to Morgan Stanley’s Core Portfolios Program. You will, however, continue to access your account information through and the E*TRADE applications, including the E*TRADE mobile app, Power E*TRADE, Power E*TRADE mobile, and E*TRADE Pro.įor investment advisory accounts, Morgan Stanley will replace E*TRADE Capital Management, LLC (ETCM) as investment adviser upon transfer and also replace ETS as custodian and broker-dealer. The next step in the process of combining our organizations will be the transfer of your account(s), assets, and obligations from E*TRADE Securities LLC (ETS) to Morgan Stanley Smith Barney LLC (Morgan Stanley) on your transfer date, subject to regulatory and other approvals.Īs a result of this transfer, Morgan Stanley will become your broker-dealer of record and assume responsibility for back-office functions currently provided to you by E*TRADE, such as custody of your securities, funds, and other assets in your account(s), clearing and settling of securities transactions, margin, and corporate actions. As you may know, Morgan Stanley and E*TRADE joined forces on October 2, 2020.
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