GoldenBasis Blog

Insights on customer account transfers for clearing firm leaders in technology and operations.

Grant Ackerman

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July 29, 2024

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8

min read

Why it can take 12 entities to transfer your brokerage account

If you’ve never done it before, you'd think transferring a brokerage account would be simple. Just you, your old brokerage, and your new one, right? Wrong. The reality, as with many things in finance, is far more complex than it first appears.

Grant Ackerman

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July 8, 2024

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5

min read

Brokerage transfer bonuses: smart strategy or misguided gimmick?

If you have a great customer experience and one of your main problems is awareness, transfer bonuses can be very effective in boosting assets through incoming transfers. However, they're easy to get wrong, so proceed with caution.

Grant Ackerman

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June 25, 2024

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5

min read

ACATS are an untapped revenue source for clearing firms

Customer account transfers are frequently viewed as a cost center buried away in the back-office. While it's true that efficiently processing account transfers can reduce costs, the potential of ACATS to significantly boost revenue for clearing firms is often overlooked.