Process/procedure for transfer
when you guys/gals transfer in a sizable account consisting of 100% individual equities, do you have the client liquidate to cash all positions you will NOT be keeping, or do you wait until the account is in your "office/hands?" i have only done 1 or 2 of these, and am curious how everyone else handles the situation.
You can control the asset allocation - to - market volatility better if transfer in kind. Of course, funds take at least a day to settle, another reason to use ETFs or stocks.