There are two ways to contribute stock from E*TRADE. Choose one, not both. Doing both can send your shares twice.
Option | Who sends the transfer | Best for |
Option 1: Start from Daffy | Daffy submits your signed form to E*TRADE | Most individual accounts |
Option 2: Start from E*TRADE | You submit it to E*TRADE yourself | Joint accounts, or if you prefer to start at E*TRADE (How do I send stock from E*TRADE myself?) |
Before you start
You will need:
Your E*TRADE account number
The ticker and number of shares you're contributing
The cost basis of those shares (record it now because E*TRADE may not keep that information after the transfer)
Your choice of immediate or custom liquidation (Does Daffy sell my stock after I contribute it?)
The signature E*TRADE has on file for your account
Option 1: How do I contribute stock from E*TRADE through Daffy?
In Daffy, go to Add Funds > Stocks, ETFs, & Mutual Funds > E*TRADE and enter the details of your contribution. This form also serves as your stock intent.
Sign electronically using the same signature E*TRADE has on file. If the signatures don't match, E*TRADE may reject the transfer.
Click or tap Save Signature. Daffy sends the completed form to E*TRADE for you.
You don't need to log into E*TRADE to start the transfer. Daffy has already submitted it.
Option 2: How do I start the transfer from E*TRADE myself?
If you have a joint E*TRADE account, or prefer to start the transfer at E*TRADE, follow How do I send stock from E*TRADE myself?
What happens after I submit?
When your shares arrive, Daffy notifies you and attributes them to your fund. Daffy can't see the status of your transfer once it's submitted. If it's been more than 7 business days and you don't see your shares in your Daffy fund, contact E*TRADE's support team.
Cost basis
Record your cost basis before you transfer the shares. Daffy does not have access to cost basis information.
Frequently Asked Questions
Can I use Option 1 for a joint account?
Use Option 2 for joint E*TRADE accounts. You submit the transfer to E*TRADE yourself.
What if E*TRADE rejects the transfer?
Check that your e-signature matches the one E*TRADE has on file and that the account and share details are correct. Then contact support@daffy.org with the reason E*TRADE gave.
Can I donate shares from an E*TRADE stock plan account?
Shares in an employee stock plan account may need to move to an E*TRADE brokerage account first. Contact E*TRADE to confirm before you start.