You can transfer securities from an existing brokerage account at another firm to your BestVest Investments, Ltd. account at any time.

Account transfers are simple to do. For a full or partial transfer, just complete one of our account transfer forms and enclose a copy of your most recent statement.

After your request is received, the process takes 10 to 15 business days to complete.

When you make a broker-to-broker transfer, make sure that the account registration is the same on both accounts or the transfer won't work. In other words, you can't transfer your individual account at another firm into your joint BestVest Investments, Ltd. account, or your individual account at another firm into your BestVest Investments, Ltd. IRA account. When transferring between joint accounts, the lead party must be the same on both accounts, for example, an account titled John and Jane Doe at the other firm will only transfer into an account titled John and Jane Doe at BestVest Investments, Ltd., not Jane and John Doe.

Once you have opened an account, you can arrange electronic funds transfers to your BestVest Investments, Ltd. account from another financial institution as follows:

Wire Transfers:

Wire transfers typically show on deposit in your account the day following receipt by our bank. Wire transfers are typically considered as "cleared" funds upon receipt.

To wire funds into your BestVest Investments, Ltd. account, have the sending financial institution address the wire:

PNC Bank
1600 Market Street, 19th Floor, Philadelphia, PA 19130
ABA # 031000053
F/A/O Mesirow Financial
A/C # 8511064651
For further credit to (Customer Name and BestVest Account Number)

Transferring an account from another brokerage firm:

You can transfer your entire account from another brokerage firm to BestVest Investments, Ltd. simply by having an existing BestVest Investments, Ltd. brokerage account and then filling out an Account Transfer Form, known as an ACAT form, and sending it to BestVest Investments, Ltd..  Please enclose a copy of a recent account statement from your other broker so we can verify the information necessary for processing. We will contact the transferring brokerage firm and make all the necessary arrangements. This form will transfer all securities, cash, mutual funds, and any margin debit balance existing at your other broker. Remember that all parties to the account must sign the form.

When you make a broker-to-broker transfer, make sure that the account registration is the same on both accounts or the transfer won't work. In other words, you can't transfer your individual account at another firm into your joint BestVest Investments, Ltd. account, or your individual account at another firm into your BestVest Investments, Ltd. IRA account. When transferring between joint accounts, the lead party must be the same on both accounts, for example, an account titled John and Jane Doe at the other firm will only transfer into an account titled John and Jane Doe at BestVest Investments, Ltd., not Jane and John Doe.

If all you have in your other brokerage account is cash or money market funds, then the ACAT transfer will be rejected by your other broker. In this instance, your must liquidate your money market shares and have your other broker send us a check payable to BestVest Investments, Ltd.. for benefit of your name and account number.

Once we have received the paperwork, the transfer process typically takes from two to four weeks to complete. When the transfer is completed, you will receive a letter of notification from BestVest Investments, Ltd. informing you of the completed status of the transfer.

There is a brief period of time at the end of the process when your account is debited at your other broker but does not yet show up credited to your BestVest Investments, Ltd. account. We will notify you as soon as your securities are on deposit at BestVest Investments, Ltd..