So after all the chaos of the past month I decided to consolidate my brokers and transferred my RH investments into schwab.
My full shares and cash on hand transferred, but my fractional shares did not. RH then sold my fractional shares the following day without permission (perhaps this is in the EULA?). My remaining account balance of $2900 dollars then sat as available cash. The following day I tried to withdraw but received a message that my RH account had been deactivated.
I requested help from support 4 days ago but still have not received any response. Then this morning, I checked my account and the money was gone. I checked both my bank account and other broker and there is no sign of the money. I also haven't received any notification of transfer ftom RH.
My only guess is that the sold shares needed to settle for X amount of days and then once that happened they would be transferred...?
Any help or advice would be greatly appreciated.
Submitted February 14, 2021 at 12:42AM by Asakura99 https://ift.tt/3d8gRxX
