I’m doing a transfer from my old employer-sponsored plan to Fidelity brokerage. The firm is asking for a DTC number for Fidelity. What do I tell them?
Short answer: The Fidelity Depository Trust Company (DTC) number is 0226.
Provide the following information to the firm sending your shares.
- Your Fidelity account number (full 9-digit brokerage account number).
- Fidelity’s DTC number: 0226
DTC transfers to Fidelity take approximately three business days.
You can initiate an ACATS transfer if your previous firm isn’t a member of the DTC. You can learn more about “Automated Customer Account Transfer Service” here.
If I use Robinhood and want to switch to another platform do I need to sell my stocks and repurchase or can they be transferred?
You can request a DTC or ACAT transfer directly to Fidelity and they’ll do the whole process for you. You do t have to sell your shares if you don’t want to. If you have fractional shares, more likely those are going to be liquidated and you’ll receive a check for those as I do not think fractional shares can be transferred.