How do I change the financial institution for downloading an account?

Question

my investment account switched financial institutions. Can I change the financial institution to download from the new institution into the same account? Or do I have to start a new account for the new institution?

NotACPA · Answer

@rjlove925 The easiest way to do this is:* Take a backup (just in case)
* Disconnect the account from download
* Remove the old FI name and account number
* Make sure that you have web connectivity to the new brokerage
* Connect the account  to the new brokerage.

The theory here is that it's all the same account to you,  only the brokerage changed.  Thus there's really no need to create a whole new account in Q.

Quicken Jasmine · Answer

Hello @rjlove925,

Thank you for contacting the Quicken Community with this question.

Before I can further assist you, I require some more information. Is the account still the same and the financial institution got bought out (such as a name change)? Or, is this account with a new financial institution and the old financial institution still exists?

Looking forward to hearing your response.