Originally Posted by
SpaethCo
When the account moves to E*Trade next year if that was someone's only Morgan Stanley account it will trigger the closure of the Platinum card and most likely lead to a SUB clawback.
Since all this news originally came out, someone did post a follow up on Reddit where they said they called MS and were told that Access Investing accounts wouldn’t technically (and I take from that, legally, as in what firm holds the assets) be moving over to E*Trade, but that they would be supported by cross-trained E*trade reps who were trained for E*Trade Core Portfolios.
Of course, this is info that came from one rep. I suppose if someone here wants to give us an additional data point, we would all welcome it ;-) (Also, I suppose I could be that data point so if there isn’t anything additional in short order I can call in)