We are making progress with the transition of client accounts to Schwab and would like to provide a few updates:
1. Emails from Schwab:
Many of you may be receiving email notifications from Schwab regarding a variety of items such as electronic document delivery or confirming account information changes.
These emails are a part of the normal account opening process, but please contact us with any questions you may have.
2. Asset transfers:
Once your new accounts are open at Schwab, it will take five to seven business days to actually transfer your assets from Wells Fargo to Schwab. If you had online access at Wells Fargo, you will continue to have that access available until the day your accounts transfer. Once your accounts are in transfer, we will be able to assist with any questions.
3. Notices from Wells Fargo:
Many of you have received a letter mailed in error by Wells Fargo stating the advisor on your account has been changed. Please disregard this notice.
Thank you again for your support as we make this transition. Please let us know if you have any questions.