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Alliancebernstein Income Fund Message Board

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  • andyg77 andyg77 Dec 16, 1998 10:51 AM Flag


    Hello Different Drummer,

    ACG is, in
    essence a common stock on the NYSE, and as such should be
    transferrable to any broker. I have transferred twice in the
    past three years and it carrried through ok. The types
    of securities that I was unable to transfer were B
    and C mutuals
    and those type of funds that are
    special products of a particular broker. I think they are
    generally referred to as propriotary (sp?)funds. I never
    buy any of these anymore because if you want to
    change brokers, you do, as you indicate, have to sell
    them and that may act as a restriction to your
    financial goals.

    Actually, I have been thinking of
    transferring to Datek. If you have time to let me know
    anything good or bad about them I would really appreciate
    it. Can you get a debit card with them?

    Thanks and good luck with your investments. Hope
    everybody makes a good



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