To transfer your investments from one entity to another, begin by submitting the required details through the Transfer Request Form. If you’re acting on behalf of someone else, make sure you have the appropriate permissions. Specifically, you’ll need “Decider” access to create the request and “Signatory” access to submit and sign it. These permissions can be updated by the primary account owner on your Team Members page.
Once your request is submitted, AngelList’s designated fund administrator – Belltower – will handle the operational process, including reviewing the information and coordinating the transfer. Belltower may reach out directly to collect any additional materials, such as KYC, accreditation documents, or tax information for both the Transferor and Transferee. The transfer agreement shown during submission is considered a draft until signed by all required parties. If needed, Belltower will circulate a revised version for signature.
If you’d like to transfer a partial position (e.g., 50%), the form allows you to specify a custom percentage of your investment to transfer to the recipient. Simply input the desired percentage when prompted during the submission process. Afterward, you can follow the rest of the prompts to e-sign and submit the transfer request.
The transfer process generally takes a few weeks to complete, depending on factors like Lead approval or the time needed to provide missing details.
Please note that pending distributions may impact whether we can accommodate transfers for a specific effective date.
Transfers Between IRA and Non-IRA Entities:
Transfers between IRA and non-IRA entities generally require pre-approval from the IRA custodian. Please reach out to your custodian directly to obtain this approval before initiating the transfer process with AngelList. In some cases, there may be costs associated with these types of transfers. If applicable, those fees will be disclosed upfront.