In-Kind Transfers Between Portfolios

[Good_Vibe]

Mark:

We have part of our assets at TDA and part at BGWM. We have two completely separate portfolios in FM. Each has multiple year histories as well as multiple sub-portfolios.

We are consolidating all investments at TDA. Some assets at BGWM will be liquidated and moved as cash; others will be transferred in-kind.

To make sure both firms will transfer assets/cash, we have moved a token amount of cash from BGWM to TDA. No FM problems there.

We have initiated a partial transfer of one mutual fund from our trust account, two separate IRAs, and two separate ROTHs. Our problems is we want all the history in FM transferred from the BGWM FM portfolio/sub-portfolios to the TDA FM portfolio/sub-portfolios.

Your assistance to mse 12/03/12 helped, but don't really understand how to do the partial for the initial step of the move. Want all old history for the in-kind assets moved from the BGWM FM portfolio/sub-portfolio when all the in-kind transfers are complete.

FYI, we're running FM 11.9 professional.

Sincerely, Phil

[Mark]

Hi Phil,

If you are transferring shares, you would want to use the Transfer Between wizard. This will record a single transfer out from the source, and one or more transfer in transactions into the destination. There will be a separate transfer in for each lot transferred. The Transfer Wizard will take care of all this. In order to use the Transfer Wizard you must have both the source and destination investments open at the same time. For this reason, you may want to consolidate everything into a single portfolio file, and just use sub-portfolios. This is usually the easiest way to work with FM. Our Portfolio Editor tutorial shows how to transfer sub-portfolios between separate portfolio files:

http://www.fundmanagersoftware.com/tuto ... video.html