sell ETFs from your
robo-advisor portfolio
selling ETFs in robo-advisor portfolios
When you decide to cash out, you’ll need to sell the ETFs from your portfolio.
- You'll leave the order with your robo-advisor, advising how much you need to sell. If you're not selling the entire portfolio, the robo-advisor will sell a portion of each ETF to meet your order - maintaining your portfolio's asset mix.
Check in with your robo-advisor before you sell. Go online an find out:
- How to place a sale order?
- When will your order be executed?
- How soon will the proceeds (money) be available?
- How will you receive them?
- Is there a minimum balance requirement for your accountand what happens if you fall below it (fees / penalties)?
After you place the order, check your account online the next day to make sure the transaction has gone through as expected and your money is in the account.