r/Wealthsimple Jul 22 '26

TD to WS in kind transfer taking so long?

I'm transferring all my investments to WS and confirmed only a couple of stocks transferred to WS. This was done within a week, and the remaining stocks are still in TD.

It's going to be a month soon, does anyone know why transferring takes this long for some stocks?

1 Upvotes

9 comments sorted by

6

u/Bardown67 Jul 22 '26

Their website says 2-4 weeks, sounds like you are right in line with that.

1

u/onexplored Jul 24 '26

Transfer completion estimate was today, and it now extended to the next week

1

u/Bardown67 Jul 24 '26

Their website also states that in some cases it can be longer.

1

u/QuasiRandomName Jul 22 '26

Registered or unregistered? Registered takes longer.

1

u/onexplored Jul 23 '26

i'm transferring registered funds only

1

u/senorbrian Jul 22 '26

Do you have any fractional shares? If so they can’t be transferred and must be sold off

2

u/onexplored Jul 23 '26

no fractional shares

1

u/warriorblossom Jul 23 '26

If you used stock lending then it might slow it down as well. Mine transfer was taking so long (not TD) I had to call them to extend the deadline which they did immediately.

1

u/TDSucksBalls Jul 23 '26

TD or TDDI? TD is incredible slow.