As I look to consolidate brokerage accounts, one of my current brokerages offered to match any major brokerages bonus for opening a new account. However, I don't need to open a new account. I can add funds to an existing account.
I was already thinking to consolidate accounts and reduce the number of brokerage firms we use. Now I have an financial incentive to do it. One just has to search for brokerage promotions. The bonuses range from $50 to $10,000 depending on the amount added. Of course, I will be no where near $10,000 but even $50 make is worth considering. I'm going to ask for a matching bonus when transferring funds.
One needs to read the terms and conditions, for example how long new funds are in account, to make sure one qualifies.
This is not financial nor funds transfer advice. Please consult a professional advisor.
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