The time it takes for your securities to reach Daffy depends on the processing times of the brokerage firm sending us the shares. We've seen securities arrive in as little as 1-2 business days and as long as 2+ weeks.
👋 Tip: Contact your brokerage firm to get an estimate of how long it will take your transfer to reach Daffy.
Once your brokerage sends the shares to Daffy’s custodian, we liquidate them (usually the same or next business day) and then credit the proceeds to your fund.
Timing can depend on:
How quickly your brokerage initiates and completes the transfer
The type of security being transferred (ETFs and mutual funds may take longer)
Seasonal volume (especially in December, when transfer activity peaks)
Whether you created a matching stock intent on Daffy for the shares sent
If it’s been more than 10 business days since your brokerage initiated the transfer and you don’t see it reflected in your Daffy account, contact us, and we’ll be happy to check on its status.