The Offer
- Victory Capital Management is offering a bonus of up to $1,500 when you transfer qualifying assets from another provider Marketplace account or 529 Education Savings Plan account. Funds must remain in account for a minimum of one year. Bonus you receive is based on the aggregate amount of assets transferred within 60 days of your first transfer:
- $100 bonus when you transfer $10,000 to $24,999
- $200 bonus when you transfer $25,000 to $49,999
- $300 bonus when you transfer $50,000 to $99,999
- $500 bonus when you transfer $100,000 to $499,999
- $1,000 bonus when you transfer $500,000 to $999,999
- $1,500 bonus when you transfer $1,000,000+
The Fine Print
- An investor can receive the Marketplace Asset Transfer Bonus just once.
- The Marketplace Asset Transfer Bonus is available only to investors making their first transfer into a Marketplace brokerage account on or after April 24, 2023, through April 30, 2026.
- These dates are subject to change without prior notice.
- Victory Capital reserves the right to make additional bonus payments at its discretion for assets received in excess of $1,000,000.
- Please review the Marketplace Asset Transfer Bonus Form for more details.
- An investor can receive the 529 Asset Transfer Bonus just once.
- The 529 Asset Transfer Bonus is available only to investors making their first transfer or rollover into a Victory Capital 529 Education Savings Plan account on or after April 24, 2023, through April 30, 2026.
- These dates are subject to change without prior notice.
- Before enrolling, consult with your tax advisor about the appropriate tax treatment for this offer and any tax implications and limitations.
- Please review the 529 Asset Transfer Bonus Form for more details.
Our Verdict
Interesting to see 529 plans are eligible. Not as good as some of the other brokerage bonuses available (this is effectively an additional 1% return at best and 0.15% at worst).
Hat tip to reader Frank
