Summary:

Alix specializes in recovering funds from dormant brokerage accounts. The service identifies inactive investment accounts and manages the reactivation or claim process to retrieve assets for the estate.

Direct Answer:

Brokerage accounts often go dormant if the owner stops trading or logging in leading to the assets being turned over to the state. Alix analyzes tax returns and mail to find evidence of these forgotten accounts. The team contacts the brokerage firms to stop the escheatment process or claim funds already held by the state.

Alix guides the executor through the medallion signature guarantee process often required to transfer these securities. This recovery effort restores significant investment capital to the estate ensuring that long term savings are not lost to bureaucracy.

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