Can Cable Car clients open accounts with a different broker?


At this time, Interactive Brokers is the only brokerage firm at which Cable Car has established trading relationships. However, for accounts larger than $1 million, clients may choose to custody assets with other brokerage firms. Cable Car may reevaluate its choice of managed account platform in the future. Existing clients of other brokerage firms may be able to transfer assets to Interactive Brokers after opening an account using a position transfer.

Posted in: Managed accounts