Capitalize today announced a strategic partnership with Webull, a digital investment platform. This collaboration aims to provide Webull clients with a seamless way to locate and transfer old 401(k) accounts into Individual Retirement Accounts (IRAs) directly within the Webull platform.

By integrating Capitalize’s Embedded Rollover API, the first of its kind in the industry, the partnership will combine Webull’s advanced trading tools and online brokerage services with Capitalize’s innovative rollover technology. Webull users will now be able to consolidate their legacy retirement accounts, such as 401(k)s, into IRAs without leaving the Webull platform. This enhanced process is going to make retirement account management more efficient and user-friendly.

Capitalize Partnership with Webull to Streamline Retirement Account

Moreover, Arianne Adams, Chief Strategy Officer and Head of Derivatives at Webull commented, “We are always leveraging technology to expand access and empower our customers in pursuing important financial goals. Retirement savings are a vital part of our users’ financial health, and our partnership with Capitalize offers them a seamless solution to transfer and manage their retirement savings directly through Webull.”

Gaurav Sharma, CEO and Co-founder of Capitalize expressed his excitement about the partnership, saying, “We’re thrilled to partner with Webull and offer Webull users an efficient, digital way to find and consolidate their retirement accounts. Together, we’re working to help more Americans take control of their retirement savings and grow their wealth for a more secure future.”

Furthermore, the partnership addresses the growing challenge of forgotten 401(k) accounts, with over $1.65 trillion in assets currently left behind. By offering an easy digital solution for consolidating retirement accounts, Capitalize and Webull aim to reduce these forgotten assets and help users better manage their financial futures.

So, this service will be available to Webull’s U.S. users in the coming weeks. By combining Webull’s powerful digital investment tools with Capitalize’s innovative rollover technology, users will now have an efficient and convenient way to consolidate their 401(k)s into IRAs, helping them take greater control of their retirement savings.

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