E*Trade

What you will be able to do with this connection

This connection setup enables 2 features:

1. Route money into your account (also called “pushing” funds).
2. Transfer funds from a pod to [Institution Name] (also called “pulling” funds).

Requirements to Connect

• You have an account with E*TRADE.
• A bank account with Morgan Stanley Private Bank if you wish to use that push method.
• You have a Sequence account.
• You will need whatever device you use Sequence on - desktop or laptop.
• You may encounter some Multi-Factor Authentication (MFA). So, may need 1 or more of:
  • Whatever device you receive text messages on
  • Whatever device you use to access the E*TRADE Mobile app
  • Whatever device you use to access your preferred authenticator app

Connection Instructions

Due to issues with MFA, ETRADE does not connect to Sequence directly. Morgan Stanley Private Bank depository accounts connect to Sequence and allow funds to be routed to the ETRADE ecosystem. Below, we present the 2 alternative methods—the push and the pull—for maximum convenience.

There are 2 push methods:

1. Push to Morgan Stanley Private Bank checking or savings account.
   1. If you do not yet have a Morgan Stanley Private Bank depository account, you can open one for free with no fees and attach it to your E*TRADE account.
2. Push to a manual account in sequence using E*TRADE’s routing and account numbers.

The Pull Method: Using an EFT at E*TRADE

If you’ve used an EFT (electronic funds transfer) to transfer money from a bank account to ETRADE, this process will be familiar. If this is your first EFT setup at ETRADE, then you’ll find this guide helpful.

The below method has 2 overall tasks:

1. Create a pod in your Sequence money map.
2. Add the pod created in task 1 to E*TRADE’s list of eligible EFT sources.

💡 Use Sequence rules to fill your investment pod. Then, use E*TRADE’s frequency-based recurring transfers to automatically pull funds from your Sequence pod.

Task 1: Create a pod in your Sequence money map

1. Click this link to navigate to the Sequence login page.

2. On the bottom center of your money map, click the Add Pod button.

3. Give your pod a name and select a Beneficiary from the dropdown menu.

   

4. You should now have your newly created pod visible as a node in your Sequence money map.

   

5. Click on your pod to open the slide-out drawer containing the details view.

6. You should see a routing number and account number for the pod. You will need these for the next task.

   

Task 2: Add your pod to E*TRADE’s list of eligible EFT sources

E*TRADE only allows the addition of accounts from their browser interface:

1. Use your preferred browser to navigate to E*TRADE.

2. Complete the login process on E*TRADE.

3. Hover over the transfer text and icon on the right-hand side of the upper purple nav bar.

   

4. From the menu that appears, select “External Funding Accounts.”

   

5. Click on the “Add external funding account” button.

   

6. Click the “Securely add account” button.

   

7. Verify your identity via text message.

   

8. Enter the code received.

   

9. Select “Manually link account” and check the Terms and Conditions checkbox.

   

10. Continue to complete the “Add external funding account” workflow, entering your pod routing and account numbers from task 1 where necessary. Set the account type to Checking, and optionally add an “Account nickname.”

The Push Method: Using Sequence to route money to a Morgan Stanley Private Bank checking/savings

In this method, we’ll use Sequence to route money to a Morgan Stanley Private Bank savings/checking account. Once funds are inside a Morgan Stanley banking account, you can transfer them to your ETRADE account. There are options for automating transfers inside the Morgan Stanley ETRADE ecosystem.

The below method has two overall tasks:

1. Add your Morgan Stanley Private Bank checking/savings account to your Sequence money map.
2. Create rules in Sequence to route money to the checking or savings.

Task 1: Add your Morgan Stanley Private Bank depository account to Sequence

You may skip this task if your Morgan Stanley Private Bank depository account is already added to Sequence.

In the example below, we will add a Morgan Stanley Private Bank savings account to take advantage of savings account interest rates.

1. Click this link to navigate to the Sequence login page. Complete the login process.

2. On the bottom center of your money map, click the Add Account button.

   

3. Select the Beneficiary and then click on “Depository account.”

   

4. Although Morgan Stanley Private Bank technically holds the checking/savings accounts, we will Search for E*TRADE (Don’t miss the *).

   

5. You should now be in a Plaid workflow. Click the Continue button.

   

6. Continue working through the Plaid workflow. When you get to the institution selection, select ETRADE Financial. If ETRADE does not appear, you can use the search bar.

   

7. When prompted, sign in using your E*TRADE credentials. Verify your identity as necessary.

8. You should reach a point where Plaid displays a list of your Morgan Stanley Private Bank accounts. Select the account(s) you would like to connect.

   

   Specific account numbers have been blurred for security purposes.

9. Click Continue and let Plaid do its connection magic 🪄.

Task 2: Create rule(s) in Sequence

In this task, we will create an example rule using Sequence. This example uses a simple income source-to-savings account rule. Rules can also be created to run from a pod or external account. Your rule(s) will be unique to your financial goals.

1. Make sure your Sequence money map includes both an income source and your desired Morgan Stanley bank account.

   

2. Click on your income source and drag a line from the plus sign (+) at the bottom of the income source node to your Morgan Stanley account node. This will trigger the rule workflow.

3. In this example, we will select a “Triggered by incoming funds rule.”

   

4. The “Incoming funds rule” details view will slide out from the side of your screen.

5. This example does not employ any condition(s). You may add them to your rule as you see fit.

6. This rule’s action is set to Transfer percentage of incoming funds of 10% to Premium (Morgan Stanley) Savings. Again, the rules you choose may be different to meet your financial goals.

   

7. Click the Save button to save the rule to your Sequence money map.

The Push Method: Using Sequence to route money to a Manual Account

In this method, we’ll use Sequence to route money to a manual account representing your ETRADE account. This will allow you to push funds to ETRADE only because manual accounts only allow funds to flow into them.

The below method has three overall tasks:

1. Retrieve your routing and account numbers from E*TRADE.
2. Create a manual account in Sequence.
3. Create rules in Sequence to route money to your E*TRADE manual account.

Task 1: Finding your Routing and Account Numbers

Routing and account numbers can be found via the browser interface or the mobile app. Instructions for both are below.

There are 2 places you can get routing and account numbers:

• E*TRADE desktop browser app

  1. Use your preferred browser to log in to E*TRADE.

  2. Ensure you are in the Accounts section and on the “Complete View” tab. If necessary, use the upper navbar.

     

  3. There should be one card view per account.

  4. Find the card representing the account you want to link as a manual account and click the link labeled Quick links...

     

  5. Select Routing and account number from the menu that appears.

     

  6. You should now see your routing and account numbers needed for the following step.

     

• E*TRADE mobile app

  1. On your mobile device, open the E*TRADE app and log in.

  2. Ensure you are on the accounts screen.

  3. Tap on the card representing the account you wish to link as a manual account.

  4. Tap the link labeled “More Info” to find your 9-digit account number.

     

  5. To get your ABA routing number, first close the “More Info” screen by tapping the X in the upper left corner.

  6. Tap on the Menu icon on the lower navbar.

     

  7. On the Menu screen, select Transfer.

     

  8. Tap on the “Set Up Direct Deposit” option.

     

  9. You should see a section that looks like the below screen capture that displays your routing number.

     

Task 2: Creating a Manual Account

This process should be familiar if you have previously created a manual account in Sequence. If this is your first manual account, the steps are listed below.

1. Click this link to navigate to the Sequence login page.

2. On the bottom center of your money map, click the Add Account button.

   

3. Select the Beneficiary & Depository Account

   

4. In the Search field of the “Select your institution” dialogue box, start typing manual

   

5. Click the Connect account manually button.

6. You should now see the “Connect Account Manually” dialogue box.

7. Enter Beneficiary Name, and the Routing Number & Account Number obtained in Task 1. Click Submit.

   

8. You should now have an account node on your Sequence money map representing your E*TRADE account.

   • You can do the following with this E*TRADE account node:
     • Customize:
       • Account name
       • Account description
       • Account icon
     • Route money into this account using Sequence rules and any mix of:
       • Income Sources
       • Pods
       • External accounts

Task 3: Create rule(s) in Sequence

In this task, we will create an example rule using Sequence. This example uses a simple income source-to-manual account rule. Rules can also be created to run from a pod or external account. Your rule(s) will be unique to your financial goals.

1. Make sure your Sequence money map includes both an income source and your desired manual account - E*TRADE in this case.

   

2. Click on your income source and drag a line from the plus sign (+) at the bottom of the income source node to your E*TRADE manual account node. This will trigger the rule workflow.

3. In this example, we will select a “Triggered by incoming funds rule.”

   

4. The “Incoming funds rule” details view will slide out from the side of your screen.

5. This example does not employ any condition(s). You may add them to your rule as you see fit.

6. This rule’s action is set to Transfer percentage of incoming funds of 10% to the E*TRADE Manual Account. Again, the rules you choose may be different to meet your financial goals.

   

7. Click the Save button to save the rule to your Sequence money map.

Testing

If you would like to test your connection, you can go to your Sequence Activity Log and run a manual transfer by clicking on the “Transfer Manually” button located in the upper right of the Activity Log screen.

⚡ For faster manual transfers use money already in a pod. Transfers from pods to external accounts are 2x faster than transfers from external accounts to external accounts.