diff --git a/crates/bin/pcli/src/command.rs b/crates/bin/pcli/src/command.rs
index c7c787eaf6..420964e6e6 100644
--- a/crates/bin/pcli/src/command.rs
+++ b/crates/bin/pcli/src/command.rs
@@ -1,5 +1,6 @@
 pub use debug::DebugCmd;
 pub use init::InitCmd;
+pub use migrate::MigrateCmd;
 pub use query::QueryCmd;
 pub use threshold::ThresholdCmd;
 pub use tx::TxCmd;
@@ -11,6 +12,7 @@ use self::{ceremony::CeremonyCmd, tx::TxCmdWithOptions};
 mod ceremony;
 mod debug;
 mod init;
+mod migrate;
 mod query;
 mod threshold;
 mod tx;
@@ -53,18 +55,21 @@ pub enum Command {
     /// Create and broadcast a transaction.
     #[clap(display_order = 400, visible_alias = "tx")]
     Transaction(TxCmdWithOptions),
+    /// Follow the threshold signing protocol.
+    #[clap(subcommand, display_order = 500)]
+    Threshold(ThresholdCmd),
+    /// Migrate your balance to another wallet.
+    #[clap(subcommand, display_order = 600)]
+    Migrate(MigrateCmd),
     /// Manage a validator.
     #[clap(subcommand, display_order = 900)]
     Validator(ValidatorCmd),
-    /// Display information related to diagnosing problems running Penumbra
-    #[clap(subcommand, display_order = 999)]
-    Debug(DebugCmd),
     /// Contribute to the summoning ceremony.
     #[clap(subcommand, display_order = 990)]
     Ceremony(CeremonyCmd),
-    /// Follow the threshold signing protocol.
-    #[clap(subcommand, display_order = 500)]
-    Threshold(ThresholdCmd),
+    /// Display information related to diagnosing problems running Penumbra
+    #[clap(subcommand, display_order = 999)]
+    Debug(DebugCmd),
 }
 
 impl Command {
@@ -79,6 +84,7 @@ impl Command {
             Command::Debug(cmd) => cmd.offline(),
             Command::Ceremony(_) => false,
             Command::Threshold(cmd) => cmd.offline(),
+            Command::Migrate(_) => false,
         }
     }
 }
diff --git a/crates/bin/pcli/src/command/migrate.rs b/crates/bin/pcli/src/command/migrate.rs
new file mode 100644
index 0000000000..df81b13bed
--- /dev/null
+++ b/crates/bin/pcli/src/command/migrate.rs
@@ -0,0 +1,98 @@
+use crate::App;
+use anyhow::{Context, Result};
+use penumbra_keys::FullViewingKey;
+use penumbra_proto::view::v1::GasPricesRequest;
+use penumbra_view::ViewClient;
+use penumbra_wallet::plan::Planner;
+use rand_core::OsRng;
+use std::{io::Write, str::FromStr};
+use termion::input::TermRead;
+
+#[derive(Debug, clap::Parser)]
+pub enum MigrateCmd {
+    /// Migrate your entire balance to another wallet.
+    ///
+    /// All assets from all accounts in the source wallet will be sent to the destination wallet.
+    /// A FullViewingKey must be provided for the destination wallet.
+    /// All funds will be deposited in the account 0 of the destination wallet,
+    /// minus any gas prices for the migration transaction.
+    #[clap(name = "balance")]
+    Balance,
+}
+
+impl MigrateCmd {
+    #[tracing::instrument(skip(self, app))]
+    pub async fn exec(&self, app: &mut App) -> Result<()> {
+        let gas_prices = app
+            .view
+            .as_mut()
+            .context("view service must be initialized")?
+            .gas_prices(GasPricesRequest {})
+            .await?
+            .into_inner()
+            .gas_prices
+            .expect("gas prices must be available")
+            .try_into()?;
+
+        print!("Enter FVK: ");
+        std::io::stdout().flush()?;
+        let to: String = std::io::stdin().lock().read_line()?.unwrap_or_default();
+
+        match self {
+            MigrateCmd::Balance => {
+                let source_fvk = app.config.full_viewing_key.clone();
+
+                let dest_fvk = to.parse::<FullViewingKey>().map_err(|_| {
+                    anyhow::anyhow!("The provided string is not a valid FullViewingKey.")
+                })?;
+
+                let mut planner = Planner::new(OsRng);
+
+                let (dest_address, _) = FullViewingKey::payment_address(
+                    &FullViewingKey::from_str(&to[..])?,
+                    Default::default(),
+                );
+
+                planner
+                    .set_gas_prices(gas_prices)
+                    .set_fee_tier(Default::default())
+                    .change_address(dest_address);
+
+                // Return all unspent notes from the view service
+                let notes = app
+                    .view
+                    .as_mut()
+                    .context("view service must be initialized")?
+                    .unspent_notes_by_account_and_asset()
+                    .await?;
+
+                for notes in notes.into_values() {
+                    for notes in notes.into_values() {
+                        for note in notes {
+                            planner.spend(note.note, note.position);
+                        }
+                    }
+                }
+
+                let memo = format!("Migrating balance from {} to {}", source_fvk, dest_fvk);
+                let plan = planner
+                    .memo(memo)
+                    .plan(
+                        app.view
+                            .as_mut()
+                            .context("view service must be initialized")?,
+                        Default::default(),
+                    )
+                    .await
+                    .context("can't build send transaction")?;
+
+                if plan.actions.is_empty() {
+                    anyhow::bail!("migration plan contained zero actions: is the source wallet already empty?");
+                }
+                app.build_and_submit_transaction(plan).await?;
+
+                Result::Ok(())
+            }
+        }
+    }
+}
diff --git a/crates/bin/pcli/src/main.rs b/crates/bin/pcli/src/main.rs
index b308769aac..29f23a61b9 100644
--- a/crates/bin/pcli/src/main.rs
+++ b/crates/bin/pcli/src/main.rs
@@ -65,6 +65,7 @@ async fn main() -> Result<()> {
         Command::Query(cmd) => cmd.exec(&mut app).await?,
         Command::Ceremony(cmd) => cmd.exec(&mut app).await?,
         Command::Threshold(cmd) => cmd.exec(&mut app).await?,
+        Command::Migrate(cmd) => cmd.exec(&mut app).await?,
     }
 
     Ok(())