What is a full withdrawal?
We like to keep a little cushion so that your investments are always protected. To that end, if you request a withdrawal from your Smart Portfolio that’s over 90% of its total value (or if the withdrawal brings your total value down to $5), then we’ll prompt you to sell all of your holdings and withdraw 100% of it.
As an example, if you have a portfolio valued at $1,000 and you want to withdraw $950, we’ll need to sell 100% of your holdings. This is to protect you and your financial assets from market fluctuations. Don’t worry—we’ve always got your back!
If you have any questions, we’re here for you. Just reach out to Support for help.
DISCLOSURES
A “Smart Portfolio” is a Discretionary Managed account whereby Stash has full authority to manage.
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