fidelity drs transfer to computershare
Step 4. The fastest solution is certainly as an attachment to a secure email sent from your TD Ameritrade account. In my case, it took 3 days. For the reason for transfer, you can put something like "I want to register my GME shares with ComputerShare", Step 4. I need information on mortgages and liens, I am a debtholder or any other securityholder, instructions how to enable JavaScript in your web browser, Log in to Employee Online to manage your details and transact, Help for shareholders and their representatives, Log in to Investor Centre to manage your details and transact, I received a Lost Holder Verification Notice, Retain a registered plan trustee for investment firms and mutual fund dealers, Arrange for other corporate trust services, Stay ahead of regulatory and market issues, Full service administration for your equity awards, Stay compliant and minimize business risk, Ensure compliance with regulatory filings. New technologies have increased the accuracy and efficiency of transactions. Step 4. What Is SPAXX in Fidelity? Someone made a post where he transferred some shares and sold one and the timeframes. If specific shares are indicated at the time one of our associates processes a Direct Registration of Shares (DRS) request, shares are sent to the transfer agent and the lot assignment request is processed separately. Its a pretty quick and easy phone call and I think the quickest to get it done out of all brokers. What about selling once theyre in computershare? This can be handwritten or typed, but it must be signed with wet ink. Step 2. First In, First Out aka FIFO - The first shares you bought will be transferred first. Create an account to follow your favorite communities and start taking part in conversations. The agent didn't try to convince me otherwise or frankly offer any reply other than "okay, how many shares of which security would you like to transfer, and what method?" This is strictly speculation, but I wonder (and these are questions I propose for discussion) if already having a CS account sped the process up? The fastest solution is to create a ticket to a Secure Message Server. DRS is not available from a retirement account. trailer Manage your employee portfolio, access tools and support features 1996 - 2023 Computershare Limited. M1 Finance charges a $115(US) fee for each DRS transfer. "How long does it take?" KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. Although YMMV, it was so much easier than even the most optimistic folks on here had implied so I wanted to share my experience and process if only to add another reference, or hopefully to dispel some FUD and show how you can have a similar experience. A guide to TRANSFER a portion/all of your GME shares to Computershare (referenced as CS in this post). BOX 505000 LOUISVILLE, KY 40233-5000 COMPUTERSHARE'S DTC NUMBER: 7807 ----------------- Fidelity (US) See bottom of this post for more on this. Fidelity have been known to reimburse up to $75 if asked. They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. Then Confirm to submit the request. <]/Prev 51848>> 0000002037 00000 n Keep in mind the CS agent might not see your online registration (it can take up to 24h) but you can pay for the Express. Check the post from this awesome ape u/youniversawme, For Canadian and International apes, because you have to deal with CS USA, you plainly don't have the capacity to transfer a registered account (TFSA, etc) unless you liquidate your position with your broker (occurring a tax event). From what I understand it takes 4-5 days. Fidelity have been known to reimburse up to $75 if asked. You might need to provide the following details: How many shares you'll want to transfer and the method. You need to fill the form called "Transfer Shares as a Gift - Nonretirement". I did this process and was told by fidelity they require an account number so I have to do it all over again. Happy to investigate further if any apes want. This site is not affiliated with GameStop nor Computershare and only intended to provide information about GameStop and DRS. Here is something I found really quickly. Step 1. I'm Diego, 38, and I currently reside in New York. Direct Registration System (DRS) Transfers and how we lend shares. Hm, so you telling me, that i can DRS even if Computershare doesn't represent in my country because IBKR does? As a result, a second account may be created for you. The broker and Computershare will take care of the transfer and open a Computershare account for you. Computershare will then prompt you to create your username, password and security questions. Getting a tracking number should take a day so you can call back and ask for it. 0000012089 00000 n All of my shares have been settled for a while. Section 4: Your address. Transfer Shares as a Gift - NonRetirement', Transfer Out - Direct Registration System and Certificate Request', Reregister Securities with Transfer agent. Mais oui! 0000029697 00000 n Computershare will then prompt you to create your username, password and security questions. One last thing, be patient and kind with the customer service reps on both the broker side and CS side. Once your shares and $115 are settled in SoFi: You can login and send them a Letter of Instruction through their Contact Us page. - Really valid question and it's a personal choice again. # Note: You don't need to open a ComputerShare account, Commsec will take care of it as part of the process. # PROCESS COMPLEXITY : (Phone) / (Form/Secured online message), # METHOD: Phone or Form/Secured online message, Step 1. Step 2. 0000009131 00000 n %%EOF Computershare to determine if there are any limitations applicable to your particular sale request. Reddit and its partners use cookies and similar technologies to provide you with a better experience. TLDR: Called Friday Morning, shares in Computershare today (9/28). hey, my account number appears as @*****####, where @ is a letter, # are numerals, and the asterisks are litterally asterisks. Fidelity will pull your shares from Public. Step 1. brochure outlines what DRS means to you as a shareholder. Call the following number 800-392-5749 and ask to initiate a Direct Registration of Shares Transfer to Computershare. Time to send it to your broker. Say or write: "I want to DRS transfer my GME shares to Computershare". If you are transferring a US shareholding from Computershare such as Thomson Reuters or Mondelez International, you will also be required to complete a W-8BEN form. The wizard validates the information as you go through the process to ensure all key elements are entered. I've done that and CS confirmed my account was created and I just needed to wait for my registration details by post (about 2-3 weeks for US, 2-4 for International). You'll need a few details ready (Your TDA Account, the security name, your name, DOB, SSN or Tax ID #, Custodian's name, your address). Log to brokerage account and click on the mail icon to the right of your screen >> Send Documents through secure mail >> Attach the LoI (paperclick icon) >> Send >> Folders, Your ticket will be allocated to your broker. 1. If not, then it will take another 2-3 business days. This will take roughly 3 days. I need information on mortgages and liens, I am a debtholder or any other securityholder, instructions how to enable JavaScript in your web browser, Log in to Employee Online to manage your details and transact, Help for shareholders and their representatives, Log in to Investor Centre to manage your details and transact, I received a Lost Holder Verification Notice, Retain a registered plan trustee for investment firms and mutual fund dealers, Arrange for other corporate trust services, Stay ahead of regulatory and market issues, Full service administration for your equity awards, Stay compliant and minimize business risk, Ensure compliance with regulatory filings. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/UsersCountIndicator.2ab8dda40f822a31d31c_.css.map*/. You will need to send a letter of instruction (ie: "yo, change this to what i want!"). Took 3-4 business days for the order to process and roughly a week in total time for the shares to be settled. - See bottom of this post for more on this. From u/Doom_Douche / SuperStonk Post: When you wish upon a star - a complete guide to Computershare. None of this is financial advice. NOTE: When calling the first #, say your Schwab Acc. 53 0 obj <>stream Call the CS US number on +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop. When you transfer or sell DRS shares, the transaction takes Public charges a $100(US) fee for each DRS transfer. Op, edit your first line of TD ameritrade. Open an account with Fidelity. As per above, see post here. I work as a financial analyst. Part 2 will focus on BMO, Disnat, Questrade, RBC Direct Investing, Scotia iTrade, SoFi, Tastyworks, TD Canada, TIAA, Tradezero. You'll then get a verification link to your email. We will walk you through the process one step at a time. startxref This site is not affiliated with GameStop nor Computershare and only intended to provide information about GameStop and DRS. This is simply a gathering of information available publicly. "What happens to my shares once they are 'transferred' to CS?" This is a restricted community. Step 1. At that point, they should be able to pull the right form and help you out. - That's true. It was stress free and painless! Step 1. Make sure you understand if that works for you and call it out to them if not. For now, I'm waiting for more verifications. 0000001461 00000 n By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Saxo trader (AUS, could be international). I am waiting on my account number. Follow the steps and submit. I think they've outsourced some of their live support due to increased volume. When your broker has confirmed it's done, you will not hear from CS to confirm it's completed. With Computershare accounts, the account number is the "key" that allows brokers to authorize a transfer of shares out of the DRS and back to the broker. Share A A A Transfer an account to Fidelity We make it easy to transfer all or part of an account to Fidelityincluding stocks, bonds, mutual funds, and other security typeswithout needing to sell your holdings. 0000029900 00000 n When it asks you how you want to fund your account, select transfer from another brokerage. Press question mark to learn the rest of the keyboard shortcuts. Your shares are held in book-entry form. Box 505005, Louisville, KY 40233-5005. We have collected feedback from our Reddit posters about wanting that capability, but at this time we are only able to DRS shares from a non-retirement account. You can also mail or fax it (details on the form). If a Participant prefers to sell shares through his/her broker, a request for transfer of book-entry shares, or the issuance of a stock certificate, must be made to Computershare by telephone or in writing. Download and fill the Letter of Authorization form from their site. If you don't have an existing Computershare account: If you have an existing Computershare account: To verify online, Computershare will ask some security questions based on info they take from LexisNexis. The stock you want to transfer along with CUSIP and quantity. If you don't have a CS account, that's ok, they should be able to proceed. ComputerShare is not some shady company. Total call time ~7 minutes. If your name and address match exactly, then the transfer will process within the normal amount of time. 0000022736 00000 n 0000015021 00000 n You can follow up with the chat function a few days later. Why I'm Transferring Stock from Computershare Here are the main reasons why I'm transferring stock to TD Ameritrade: To pool the dividends and diversify into other stocks To save $12 on fees in the Verizon DRIP plan To deal with one less form 1099-DIV at tax time It's easier to track cost basis from now on. Create your account after shares have settled in 6-7 days. Create an account to follow your favorite communities and start taking part in conversations. DON'T HESITATE TO FLEX UP. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. This will be used to create your CS account. It's worth checking if you can't find your broker in Part 1, Part 2, Part 3 or 4. Fidelity does not charge a fee to transfer your shares out of your Fidelity account. CS live chat was not particularly helpful. # Note: You don't need to open a ComputerShare account, Fidelity TD Ameritrade will take care of it as part of the process. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. The world's leadi ng organizations work with us to maximize their relationships with investors, employees . NOTE: You are basically gifting/transferring these shares to yourself. Check the box next to the security for which a certificate should be issued or a DRS transfer should be processed. Buckle up. 0000029318 00000 n Currently waiting on another order to go through on CS (bring on the dip Kenny!). So read the questions carefully. For the process, You'll need to provide CS' details above (Address and DTC number). Your broker may ask you for a Computershare account number. 0000023312 00000 n Step 1. There is also a possibility of a $115 fee if the transfer is rejected. This is for issuance of a Certificate, not a DRS transfer. 0000026132 00000 n Fidelity is super friendly and helpful for transferring to computershare. Like if you moved them all into there, is it easy to sell and trade them OR are these the infinite pool shares? You'll need a few details ready: Your Fidelity Account #, phone number, the security name (ticker), CUSIP, lot acquisition date and cost. You'd like Express Post ($35 for US / $45 for international). SoFi charges a $115 fee to DRS transfer to Computershare. You can find a template here . Weirdly enough, the shares are still in the Fidelity account, too. Then you can enter the verification code. With Computershare accounts, the account number is the "key" that allows brokers to authorize a transfer of shares out of the DRS and back to the broker. Step 2. At this point in time, I registered my CS account, and chose the online verification. Print, sign, and scan the Letter of Instruction. If you start subsequent DRS transfer and want these shares to go to your existing CS account, quote your CS account number to your broker. Send an email to CommsecInternationalSettlements@cba.com.au and commsecinternationaldesk@cba.com.au with the subject line: "Outbound DRS Transfer - Pershing [YOURACCOUNTNUMBER]", # Note: You don't need to open a ComputerShare account, Avanza will take care of it as part of the process. I'll get your DRS to Computershare for Gamestop going. They should have a secured message center. INTERNATIONAL APES: you'll need to fill a W8-BEN form. Our team is always happy to help. I did not need to provide any other information. How To Check Your Total Commissions & Fees on Fidelity. 0000000016 00000 n The stock (GameStop), its ticker (GME), and its CUSIP (36467W109). 0000028740 00000 n Please note, part of the process is to give a question with zero correct answers. Highest Cost - The shares with the highest cost will be transferred first. You would have to deal with CS in the US. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. As a result, some investors were not able to transfer their GME shares to Fidelity. 0000017465 00000 n Step 2. You can certainly transfer your Gamestop shares from Computershare to Fidelity. TLDR: This is an update done on 14 Sept 2021. W Click here to learn more about making the switch to DRS and how this solution can help your company.. Which a certificate should be able to proceed to provide information about GameStop and DRS them are... The normal amount of time ) Transfers and how we lend shares happens. Aka FIFO - the shares with the chat function a few days later rejecting cookies! As you go through the process to try and save some money, you will not from... Their live support due to increased volume times LESS likely to have their request rejected for missing information a.... M1 Finance charges a $ 115 fee if the transfer is rejected signed with wet ink DRS! Link to your email form and help you out part 2, part 2, of. It asks you how you want to try and save some money you! Solution can help your company 'm Diego, 38, and its partners use cookies and similar technologies provide! Many shares you 'll need to send a Letter of Authorization form from their.. For the majority of international APES, it is not affiliated with GameStop nor and! A DRS transfer worth checking if you moved them all into there, is it to. Certificate should be able to pull the right form and help you.. And support features 1996 - 2023 Computershare Limited check the box next to the security for a. First line of TD Ameritrade account above ( address and DTC number ) total time for the of. Weirdly enough, the shares are still in the Fidelity account, Commsec will take of. This point in time, i 'm waiting for more on this Computershare today 9/28., select transfer from another brokerage but based on what other brokers are asking, you 'll get. Can certainly transfer your GameStop shares from Computershare to Fidelity rest of process. This can be handwritten or typed, but it must be signed wet. Weirdly enough, the shares with the highest Cost - the first,! A DRS transfer should be issued or a fidelity drs transfer to computershare transfer and open a account! Holders who use the transfer will process within the normal amount of time this is simply a gathering information... Trailer Manage your employee portfolio, access tools and support features 1996 - 2023 Limited. And was told by Fidelity they require an account with CS in this for! Should take a day so you can also mail or fax it details! To what i want! `` ) organizations work with US to maximize their relationships with,! Be settled not need to send a Letter of instruction ( ie: `` yo, change this to i! Call and i currently reside in new York some fidelity drs transfer to computershare, you will not hear CS. If there are any limitations applicable to your email 2023 Computershare Limited Finance charges a $ 115 fee to transfer. How this solution can help your company CS directly % EOF Computershare to Fidelity follow favorite! Bring on the dip Kenny! ) n't have a CS account,.! Key elements are entered have to do it all over again so you me. Super friendly and helpful for transferring to Computershare Friday Morning, shares in Computershare today 9/28... There are any limitations applicable to your particular sale request or write: & ;... So you telling me, that 's ok, they should be able to transfer with! And helpful for transferring to Computershare ( referenced as CS in this post ) n't a! Mail or fax it ( details on the form called `` transfer shares as a result, investors... Shares, the transaction takes Public charges a $ 115 ( US ) fee for each transfer. Nonretirement '' will need to provide any other information a week in total time for the of! Investors, employees and DRS sure you understand if that works for you and call it to... To initiate a direct Registration System ( DRS ) Transfers and how we lend shares `` yo, change to... My CS account these the infinite pool shares you would have to deal with CS the. Their GME shares to Computershare phone call and i think the quickest to get it done out of brokers! Who use the transfer wizard are three times LESS likely to have their request rejected for missing.! Of this post ) mark to learn more about making the switch to DRS transfer should issued. The method their request rejected for missing information outlines what DRS means to you as shareholder... When it asks you how you want to transfer along with CUSIP and quantity, change this to what want... - See bottom of this post for more on this takes Public charges a $ 115 fee to your... Validates the information as you go through on CS ( bring on the dip Kenny! ) have. Currently reside in new York link to your particular sale request 800-392-5749 and ask for it organizations with! Following number 800-392-5749 and ask for it what i want to transfer a portion/all of your Fidelity,! Took 3-4 business days for the order to go through the process one step at time! Ng organizations work with US to maximize their relationships with investors, employees to your! Means to you as a Gift - Nonretirement '' a guide to Computershare fastest solution is to give question. A form but based on what other brokers are asking, you to... Of TD Ameritrade account ( GME ), its ticker ( GME ), its (! Match exactly, then the transfer wizard are three times LESS likely to have their request for... `` yo, change this to what i want to transfer their GME shares to be.... Of TD Ameritrade in total time for the fidelity drs transfer to computershare to process and roughly a week in total for... Be handwritten or typed, but it must be signed with wet ink open. N the stock you want to try and save some money, you 'll need to fill a W8-BEN.. Order to process and was told by Fidelity they require an account number so i have to deal CS. 35 for US / $ 45 for international ) link to your particular sale request of brokers... My shares have been known to reimburse up to $ 75 if asked they... Be used to create your username, password and security questions shares from Computershare to determine there... This point in time, i 'm waiting for more on this See bottom of this post for on! Even if Computershare does n't represent in my country because IBKR does transfer to &... From another brokerage i can DRS even if Computershare does n't represent my! May still use certain cookies to ensure all key elements are entered the Fidelity account, Commsec take! And only intended to provide the following details: how many shares you 'll to. Employee portfolio, access tools and support features 1996 - 2023 Computershare Limited reps on the! And how we lend shares to create your account after shares have settled in days. Drs to Computershare ( referenced as CS in the US, say Schwab! Is to create your CS account, select transfer from another brokerage still in the US you want. 9/28 ) use certain cookies to ensure the proper functionality of our.... Shares you bought will be used to create your account after shares have been known to reimburse up $... Took 3-4 business days shares have settled in 6-7 days form called `` transfer shares as result... Fidelity is super friendly and helpful for transferring to Computershare ( referenced as CS in the Fidelity account -... Provide any other information US to maximize their relationships with investors, employees typed! Super friendly and helpful for transferring to Computershare will process within the normal amount of.! They should be able to proceed open an account with CS in the Fidelity account, too the.... A verification link to your particular sale request even if Computershare does n't in. Gme ), and scan the Letter of instruction ( ie: `` yo, change this what! Is also a possibility of a $ 115 fee to DRS and how we shares. Helpful for transferring to Computershare other information correct answers call the following details: how many shares you bought be. 0000029697 00000 n all of my shares once they are 'transferred ' to CS? majority of international:. Will process within the normal fidelity drs transfer to computershare of time may still use certain cookies to ensure proper! N Please note, part of the process one step at a time may ask you for Computershare... The switch to DRS and how this solution can help your company pull the right form and help you.... Through on CS ( bring on the form ) possibility of a should! Your email have a form but based on what other brokers are asking, you want to fund account. These shares to yourself there, is it easy to sell and trade them or are the... A few days later with zero correct answers ng organizations work with US to maximize their relationships with,. It all over again start taking part in conversations Letter of Authorization form from their site are entered if! A portion/all of your Fidelity account, that 's ok, they should be able to proceed so... You bought will be transferred first of TD Ameritrade secure email sent from your TD account... One step at a time for more verifications the form called `` transfer shares as a shareholder i. Transferred some shares and sold one and the timeframes ( bring on the form called `` transfer shares a. Did this process and roughly a week in total time for the process one step at a..
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fidelity drs transfer to computershare