Managed account closure
You can close your Robinhood Strategies managed account at any time in one of the following ways.
If you close or deactivate a managed account, you currently cannot reopen or reactivate it. Also, an account closure is currently only available through our mobile app. Contact us for assistance.
To initiate a full withdrawal:
When you close your managed account, any accrued management fees will be charged at the time of account closure.
When you agree to have an account managed by Robinhood Strategies, you agree to certain terms around how your account is maintained. As such, Robinhood Strategies may choose to close your account for one of several reasons, including:
All investments involve risk and loss of principal is possible. For additional information, including about fees and expenses, risks, and conflicts of interest, review the Robinhood Strategies Form ADV Part 2A and Form CRS.
Robinhood Asset Management, LLC (“Robinhood Strategies”) is an SEC-registered investment advisor. Robinhood Financial LLC (member SIPC) is a registered broker dealer. Robinhood Securities LLC (member SIPC) provides clearing services.