Can I transfer my Employee Stock Purchase Plan assets to a different broker?

Question

I'm considering consolidating my assets with a single broker; is there any way I can transfer the shares I own to another manager?

The trick is that each ESP purchase has a 2 year period before I sell to get the lowest tax rate.  I don't want to incurr any additional fees.

Am I doing something that is possible?

user296 · Accepted Answer

I have an ESPP with E*Trade; you can transfer stock like that via a physical (paper) asset-transfer form. Look for one of those, and if you can't find it, call your brokerage (or email / whatever).

You own the shares, so you can generally do what you want with them. Just be very careful about recording all the purchase and transfer information so that you can deal properly with the taxes.

Can I transfer my Employee Stock Purchase Plan assets to a different broker?

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