Does Sharesight automatically handle an off market transfer from one CHESS broker to another?
Both brokers have Sharesight APIs. The holdings are already in my portfolio.
The broker the holdings will be transferred to also has holdings in Sharesight.
I’m looking to consolidate my broker accounts without too much pain.
Hi @Swimphilo Sharesight doesn’t get automatically updated on the Off market transactions.
However, if you are changing brokers and if there is no change to the tax entity of your portfolio there are no specific entries to be passed in Sharesight. You can simply continue to record trades from your new broker in the same portfolio.
Thank you, that is precisely the answer I was seeking.