Transfer J.P. Morgan Chase to E*TRADE Or The Other Way in 2025
Transfer JP Morgan Account to E*Trade
Chase runs a good brokerage that links easily with other Chase services like savings accounts and credit cards. Even so, switching to a broker such as E*Trade might suit you better. You might also decide to go the other way and move from E*Trade to JP Morgan Wealth Management.
In either case, we’ll explain how to move your cash and investments to the new broker.
Transfer JP Morgan to E*Trade
You can move a JP Morgan investment account to E*Trade in two ways: manual or automatic.
A manual transfer means selling everything, sending the cash to your bank, and then funding your new account.
An automatic transfer uses the ACATS system and begins from your new brokerage account.
Here’s how each method works.
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Manual Transfers
First, sell the investments in your account. Then wait for the cash to settle.
Settlement usually takes about three days (T+1). After the cash is settled, send it to your bank.
Depending on the method, it can take up to a week for the money to appear in your bank. ACH—Chase’s main transfer option—can take up to five business days.
Wire transfers are faster (often two days), but you need to call your advisor or the Chase service center (1-800-392-5749) to arrange one.
When the balance is $0, you can ask Chase to close the brokerage. There are no annual fees or minimums, so closing isn’t required, but many people prefer to shut an unused account.
Automated Transfers (ACATS)
To start an automated move from JP Morgan to E*Trade, first open an E*Trade account. Because E*Trade is the receiving broker, it files the ACATS request. Make sure both accounts are the same type—retirement to retirement, individual margin to individual margin, and so on.
Also check that the new account has the same trading permissions. If it lacks approval for certain securities, margin, or option levels, the transfer may fail.
Initiate an ACATS Transfer
After E*Trade approves and opens the account, start the ACATS request from your E*Trade dashboard.
Click the dollar-sign icon next to the bell, choose ‘Transfer Account,’ then ‘Transfer,’ and finally ‘Account.’
Type in the sending broker (JP Morgan Wealth Management). Since several names may appear, have your JP Morgan account number handy.
Next, choose the account types, enter both account numbers, and give an estimated value. You must also confirm that the same owner holds both accounts.
You can then pick a full or partial transfer.
Finally, review everything and submit the request.
Transfer Timelines
How long the move takes depends on the method. Manual moves can stretch to two weeks because of the extra settlement steps. ACATS moves can take up to ten days, though simpler accounts often finish sooner.
Transfer E*Trade to JP Morgan
To move an E*Trade account to JP Morgan, you can use manual or automatic steps. Manual means selling the assets, waiting for settlement, and then sending the cash to your bank.
For an automatic move, start from your Chase brokerage. Go to ‘Pay & Transfer,’ pick ‘Transfer Securities,’ and click ‘External Accounts.’
Chase then walks you through steps similar to those above. Enter your E*Trade details and the holdings to be moved, then confirm the request.
Updated on 4/28/2025.
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