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. 0000027795 00000 n 0000014651 00000 n Step 1. Section 2: This is basically YOU and YOUR details. See page 14 for contact information. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. Direct Register Shares from Fidelity Updated: Jan 26 Once your shares are settled in Fidelity: Call Fidelity at 800-343-3548, or use their online chat support ( https://www.fidelity.com/customer-service/contact-us ). # NOTE: You don't need to open a CS account, Ally Invest will take care of it. From my POV, it's a plus. I was put on a brief hold, confirmed the transaction and told that I am all set, with an estimated delivery of about a week. Your broker may ask you for a Computershare account number. From here you can follow the Fidelity guide located. Download, print, fill, scan and return. From here you can follow the Fidelity guide located. Call the following number 1-800-343-3548 and say it's for 'stock certificates'. Automated Stock Adminstrator's Portal and our Heard we are doing round 2 of DRS! As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). Please note, part of the process is to give a question with zero correct answers. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $115(US). TLDR: Called Friday Morning, shares in Computershare today (9/28). As per above, see post here. ELI5: You can choose which shares you want to transfer (the first ones you bought? Step 2. "So why transfer to CS if I can simply not sell some of my shares to create one of these fancy pool for myself?" As the Company's transfer agent, Computershare keeps a record of your shares on the Company's register of owners. You'll then get a verification link to your email. They are the designated transfer agent for 37.4% of the market. There is no more need for the verification code. Fidelity will pull your shares from Public. Make a stock purchase. I've also uploaded a filled template on imgur to help apes fill it correctly. Your broker may ask you for a Computershare account number. Although we cant help here with specific account service issues, we can help troubleshoot and point you in the right direction. 0000012256 00000 n Your Public account number, full name, phone number, email address, Tax ID/SSN. Access the online request form by going to etrade.com >> Accounts >> Documents >> Forms & Applications >> Deposits & Withdrawals section >> Request a Stock Certificate. I called Fidelity to initiate a DRS transfer of my shares to Computershare! #, then press 4 then 2. Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. This is incorrect. I currently own 300 shares of GME (Gamestop) in my Computershare brokerage account. 0000011728 00000 n 0000003901 00000 n 0000003800 00000 n You need to fill the form called "Non-ACAT Transfer Out of Commsec". Privacy Policy. Receiving firm's details (CS): Name, Address, DTC #, and who you want the shares to be registered to. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. I think they've outsourced some of their live support due to increased volume. I was told that Computershare do support retirement accounts. With IBKR it's a simple process, I am currently in it. I just wanted to share my personal experience transferring shares, to hopefully assist or convince encourage a fence-sitter that this is truly the way (not financial advice). 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). Fidelity have been known to reimburse up to $75 if asked. Make sure you do your own research to understand if that's the right thing for you or not, how many shares you'd want to transfer out, the fees associated with this process, the time it takes to process, is your broker lending shares? Questions on transferring IBM stock should be directed to: Computershare Inc. P.O. It can take 3-5 business days for the lots to show correctly on Fidelity.com. When you transfer or sell DRS shares, the transaction takes For a successful DRS transfer, your Fidelity account must also be in good standing, and there is no margin debit balance. # Note: You don't need to open a ComputerShare account, Commsec will take care of it as part of the process. 53 0 obj <>stream Download and fill the Letter of Authorization form from their site. You've got this! From u/Doom_Douche / SuperStonk Post: When you wish upon a star - a complete guide to Computershare. Computershare will then prompt you to create your username, password and security questions. W e are a global leader in transfer agency, employee equity plans, mortgage servicing, proxy solicitation, stakeholder communicatio ns, and other diversified financial and governance services. None of this is financial advice. Step 3. From start to finish it took two days to get mine transferred. 0000040821 00000 n If more, I guess you have a few options: YOU PRESSURE THEM TO GET IT DONE FASTER: They will more likely push back but you can try. 0000008649 00000 n Download, print, fill, and scan the Fidelity form called 'Transfer Shares as a Gift - NonRetirement' (Note this is to transfer shares that are NOT in a registered account with tax benefits for retirement). Last month, there was a technical difficulty within Fidelity that prevent DRS transfer from happening. Hi u/ksknksk, and welcome to r/fidelityinvestments. Many companies offer a DSPP with a DRIP as a way for employees and long-term investors to invest small amounts of money at regular intervals and reinvest dividends with little or no fees. Commentdocument.getElementById("comment").setAttribute( "id", "a89c9813d1ed963e6d1e4166fed1610b" );document.getElementById("g82ed375d5").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. Edit: I'm putting a strikethrough this Avanza process as it's been outlined that Avanza is now claiming they can't do a transfer unless a CS account is open. 0000022736 00000 n You might need to provide the following details: How many shares you'll want to transfer and the method. DRSGME does not give financial advice. Our team is always happy to help. - Once again, you have to be clear about your investment strategy. Print, sign, and scan the Letter of Instruction. 0000003697 00000 n You'll need a few details ready: Your Commsec Account referred as Pershing Account Number, the security name (GME), and the CUSIP (36467W109). Reddit and its partners use cookies and similar technologies to provide you with a better experience. I'm Diego, 38, and I currently reside in New York. 0000002037 00000 n You contact TDA and ask for a form TDA371 or just use your favourite search engine and type something like "TDA 371 Ameritrade". The stock (GameStop), its ticker (GME) , and its CUSIP (36467W109). As a result, a second account may be created for you. 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). Not sure if there could be an easier way in the future. Took 3-4 business days for the order to process and roughly a week in total time for the shares to be settled. Hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to jump to the feed. Indicate the number of shares for which certificates should be issued or a DRS transfer should be processed. Investor Center. You can also find the form online here but you'll then have to download, print, fill, scan and return. Saxo trader (AUS, could be international). Step 1. Step 2. Okay, so I put in a buy order on CS. Computershare sold the fractional DRIP share, charged a $20-$25 fee for brokering the sale and sent me a check by mail for the net amount. Step 1. # Note: You don't need to open a ComputerShare account, IBKR will take care of it as part of the process. Your account number, your name, your phone number, your email. First In, First Out aka FIFO - The first shares you bought will be transferred first. 4 minutes. At that point, they should be able to pull the right form and help you out. When your broker has confirmed it's done, you will not hear from CS to confirm it's completed. How can I, as an Australian, buy direct through computer share? Your broker will transfer the shares based on your name and address. For now, I'm waiting for more verifications. I work as a financial analyst. 0000001461 00000 n I was connected to an agent, stated that "the purpose of my call [is] to transfer shares, or DRS, to computershare". ComputerShare is not some shady company. This can be handwritten or typed, but it must be signed with wet ink. Press question mark to learn the rest of the keyboard shortcuts. Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. Obviously, my IQ is around 3, the same as Stevie C's dick size and I regularly eat crayons for breakfast so this is NOT financial advice. Someone in another specific stock related subreddit is writing a how-to for DRSing ira shares, it sounds like there's some tax id setup required. Step 1. Getting a tracking number should take a day so you can call back and ask for it. Step 4. Individuals. If you are in the US or Canada, you can check u/BananyaBangarang who has put together an awesome guide. So read the questions carefully. If you ask Fidelity, they can reimburse the $75 transfer fee. They should have a secured message center. Box 505005, Louisville, KY 40233-5005. 0000001196 00000 n When my plan plays out I fully intend to put money back in fidelity for my investments. Once that's done, CS will ask for a special token code (kinda 2FA)and that code is sent by snail mail. I FIRST purchased on CS a couple of weeks ago, and waited for my purchase to settle BEFORE beginning the transfer. Step 1. The transfer will take 5-15 business days to process once received by the transfer team, (you might want to call them and check, as timing can vary). Your shares are held in book-entry form. Manage your employee portfolio, access tools and support features KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). Contact CS ~48-72h later to make sure all is fine (GME Team: +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop). Computershare Trust Company, N.A., P.O. Your broker will transfer the shares based on your name and address. You can save post by clicking the banner in the upper right. Step 2. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity directly from Fidelity Associates. Issuer Online. Employee Online. As the Company's transfer agent, Computershare keeps a record of your shares on the Company's register of owners. I stated the quantity of GME, and LIFO (Last In, First Out). Said they've had several thousand individuals make this request. Fees at $1,000 make it quite prohibitive to transfer IMO. hi, my shares got transferred as i understood, but how you got Computershare account? Didn't even have to say what I wanted. The Transfer Agent's name, DTC number, and address. The transfer process will take about 4 business days. DRS is not available from a retirement account. DRS is share ownership without paper stock certificates. DTC# 7807. TLDR: This is an update done on 14 Sept 2021. Step 2. Look Smart $$$, I diversified like you wanted! To fill the bottom part of Section 2 "Gifting Instructions", you'll see a few tables for the Investment Name. Today I logged into my CS account and saw that the transfer had been completed. Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. # NOTE: You don't need to open a CS account, Merril Edge should take care of it, # NOTE: Form is set for an automatic First in, First out. My only complaint is the turn around time of 7-10 days(sad face) because so many APES are doing the same thing(happy face)! %PDF-1.4 % A safe place for apes who like the stock $GME. For security reasons we do not recommend giving this information to your broker. You now have full access to your Computershare account! Computershare Trust Company, N.A., P.O. - That's true. Step 2. For example, you might get push-back on the DRS transfer mentioning you need a CS account. Step 2. 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. There is also a possibility of a $115 fee if the transfer is rejected. This can be done online when you are logged into your CS account. Please note, part of the process is to give a question with zero correct answers. Step 3. If you want to save a bit of money, you can transfer to a broker who can DRS transfer for free (M1 charges $100 to transfer to another broker). # NOTE: Review the Tax Method for transfer on Client Services >> My Profile >> General >> FIFO/LIFO (see above for more on that topic), # METHOD: Phone or Chat or Form/Secured online message, Step 1. Press J to jump to the feed. Fidelity will pull your shares from Public. I understand what an outbound DRS transfer is, and I accept the fees associated with the transfer. htW TnjZ\UIUG5j. You need to fill the form called "Transfer Out - Direct Registration System (DRS) and Certificate Request". If not, there should be an option in the account management or you could check your statements and list to your brokers the shares you want to transfer. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. If you bought all your shares all at once, you probably just need to fill one table. When it asks you how you want to fund your account, select transfer from another brokerage. For more information, please see our DON'T HESITATE TO FLEX UP. This will take roughly 3 days. For the reason for transfer, you can put something like "I want to register my GME shares with ComputerShare", Step 4. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Once your account is created, Computershare will send you a verification letter in the mail. Step 2. Step 4. brochure outlines what DRS means to you as a shareholder. $1m/transaction so definitely lower than my floor. I did not need to provide any other information. The Direct Registration System (DRS) is a secure registration method for investors who don't want their stock registered in the name of their brokerage firm. At this point in time, I registered my CS account, and chose the online verification. Send them an email along with the attachment. 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. To verify online, Computershare will ask some security questions based on info they take from LexisNexis. Step 1. Computershare to determine if there are any limitations applicable to your particular sale request. You can certainly transfer your Gamestop shares from Computershare to Fidelity. One last thing, be patient and kind with the customer service reps on both the broker side and CS side. I noticed it doesn't work if your postcode as letters in it. When you receive the verification code letter: If you have any corrections, or know of any other brokers, please let us know through the. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. Step 1. I was looking into how I can drs x amount of shares to CS? 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. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. Double-check that you won't need the $500 deposit. 0000012089 00000 n 0000009651 00000 n I have a fidelity cash brokerage account. Step 2. etc.._1W1pLIfaIb8rYU6YeTdAk6{margin-right:6px}._1H6Meh6ZAemKxOJDOEasfK{border-radius:50%;box-sizing:border-box;height:20px;margin-left:-8px;width:20px}._1H6Meh6ZAemKxOJDOEasfK:first-child{margin-left:0}._30vlMmCcnqKnXP1t-fzm0e{display:inline-block;margin-left:-8px;position:relative} To verify online, Computershare will ask some security questions based on info they take from LexisNexis. 0000029900 00000 n You can also do Online form, Step 1. 0000001840 00000 n As a result, some investors were not able to transfer their GME shares to Fidelity. Click Preview to confirm the details of the request. Best to go buy a share on computer share then drs from fidelity. From what I understand it takes 4-5 days. You contact Commsec for that form or download it using the link below. 0000018659 00000 n They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. I'll get your DRS to Computershare for Gamestop going. Step 2. You can also mail or fax it (details on the form). Step 1. Access Issuer Online. The broker and Computershare will take care of the transfer and open a Computershare account for you. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. 1. . Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. Step 1. Computershare will then prompt you to create your username, password and security questions. Its a pretty quick and easy phone call and I think the quickest to get it done out of all brokers. It's worth checking if you can't find your broker in Part 1, Part 2, Part 3 or 4. He knew. They haven't provided a form but based on what I learnt from compiling this thread, I've been proactive in what I'm providing. The DRS provides protection against risk in the case of a brokerage going bankrupt, and it is safer than holding paper certificates. 0000020008 00000 n u/yolosapeien has done a really comprehensive guide on how to fill the form. This is NOT a broker-to-broker transfer, this is a transfer to an official registrar, a transfer agent to get shares in your name. - Really valid question and it's a personal choice again. Start a buy order, they will withdraw from your bank and they do large buy orders every Thursday. From u/Criand / SuperStonk Post: Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. What Is SPAXX in Fidelity? For security reasons we do not recommend giving this information to your broker. r/Superstonk I just moved 1/2 my shares to Computershare and it was easy peasy! Weirdly enough, the shares are still in the Fidelity account, too. Put a statement agreeing to the fees, (eg. CS live chat was not particularly helpful. This can be for a few reasons, such as a middle initial existing on one account, but not the other. "I already have a CS account, will another account be created if I transfer more shares later?" Say: I agree to the $115 fee to DRS transfer. Open an account with Fidelity. 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. If having verified my account details in CS online, as well as verifying my account via prompt before speaking with an agent on Fidelity's end made any impact? hb```f`` m @195@W7y`Bi `:-- hA1*dkX]l/4H?"r^W5~| Ex{B@2aA V@pbf '5 ( name, SSN or Tax # ), its ticker ( GME ) I put a! @ 195 @ W7y ` Bi ` fidelity drs transfer to computershare -- hA1 * dkX ] l/4H about! You can also do online form, step 1 such, provide details on the beneficiary name! Adminstrator & # x27 ; t even have to download, print,,... Shares you want to try and save some money, you might get push-back on the DRS provides against! 2Aa V @ pbf ' Post by clicking the banner in the mail `` m @ @! You bought all your shares all at once, you might get push-back on the DRS transfer should able! Still in the case of a $ 115 fee if the transfer $, am. I understand what an outbound DRS transfer hi, my shares to Computershare it can take 3-5 days. You could transfer to Computershare through computer share likely to have their request rejected for missing information: how shares. Asks you how you want to save some money, you could to! The form ) really comprehensive guide on how to fill the form called `` Non-ACAT transfer Out - Registration... From u/Criand / SuperStonk Post: direct Registering shares ( DRS ) is the MOASS key handed on golden! Back in Fidelity for a slightly lower fee: you can also mail or fax (. Of shares for which certificates should be directed to: Computershare Inc. P.O done, you just! You need to provide you with a better experience right direction mine transferred: called Friday Morning, shares Computershare! Cash brokerage account point, they can reimburse the $ 115 fee to DRS transfer mentioning you a. I logged into my CS account so you can follow the Fidelity located. This can be done online when you wish upon a star - a complete guide to Computershare for going! Lifo ( last in, first Out ) how many shares you then! That form or download it using the link below service reps on both the broker and... Investment strategy 14 Sept 2021 its CUSIP ( 36467W109 ) share then DRS from Fidelity a few reasons, as! Download it using the link below we have found that holders who use transfer! Certificate request '' just moved 1/2 my shares to Fidelity for a few reasons, such as a,. On 14 Sept fidelity drs transfer to computershare hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to to. Gme shares to Fidelity your email Fidelity that prevent DRS transfer of shares! Did not need to provide the following details: how many shares you 'll see a few tables for shares... You have to say what I wanted the MOASS key handed on a golden platter to settle BEFORE beginning transfer. With wet ink increased volume wo n't need the $ 115 fee to DRS transfer for free be settled following. Or 4 for the shares to be settled a broker who can DRS transfer more verifications handed! Fidelity, they will withdraw from your bank and they do large orders. Are logged into my CS account, IBKR will take you to one of our external,... Care of it as part of the process is to give a with... Stock ( $ GME ) help you Out 0000012089 00000 n 0000003800 00000 n when my plays! You wo n't need the $ 500 deposit you now have full access to email! Get your DRS to Computershare the Onboarding line on 1-855-730-0325 as they more. System ( DRS ) and Certificate request '' some money, you can save Post by clicking the banner the. From u/Doom_Douche / SuperStonk Post: direct Registering shares ( DRS ) is the MOASS key handed a... Getting a tracking number should take a day so you can also find the form online here you! Statement agreeing to the fees, ( eg details of the keyboard shortcuts download it using the link below $... Fidelity to initiate a DRS transfer should be processed it quite prohibitive to transfer GME... Verification link to your broker apes fill it correctly knowledgeable about DRS transfer from happening reasons we do not giving. To fill the bottom part of the process the verification code verification code be settled a broker who DRS. A safe place for theoretical discussions about business and stocks - specifically Gamestop stock ( )! Transfer to a broker who can DRS x amount of shares to CS confirm it done... Buy a share on computer share, you could transfer to Fidelity thing, be patient and kind with customer! Wet ink the shares based on info they take from LexisNexis can help and... Account service issues, we can help troubleshoot and point you in the Fidelity guide located what wanted. $ 500 deposit please note, part of the transfer and the method I stated quantity! Say: I agree to the $ 115 fee to DRS transfer to Computershare part,. Ask some security questions saxo trader ( AUS, could be an easier way the. The order to process and roughly a week in total time for the shares are in. Star - a complete guide to Computershare ] l/4H following details: how many shares you 'll see a reasons. Gamestop stock ( $ GME ) Ally Invest will take you fidelity drs transfer to computershare create your username, password and questions! Finish it took two days to get it done Out of Commsec '' 26 SoFi charges $. Do online form, step 1 verification Letter in the future shares Computershare. To fund your account is created, Computershare will ask some security questions 0000003901 00000 n a! That point, they should be able to transfer IMO AUS, be. The details of the keyboard shortcuts wish upon a star - a complete guide to Computershare it does n't if. A week in total time for the shares based on info they take from LexisNexis preaching. Transfer your Gamestop shares from Computershare to Fidelity for a Computershare account too... Uploaded a filled template on imgur to help apes fill it correctly and a. To initiate a DRS transfer to Computershare specifically Gamestop stock ( Gamestop ) its. It must be signed with wet ink give a question with zero answers! Of my shares to Computershare can follow the Fidelity account, Ally Invest will take you to one of external! ( last in, first Out aka FIFO - the first ones bought. And roughly a week in total time for the order to process roughly... Will not hear from CS to confirm it 's a simple process, I like. A place for theoretical discussions about business and stocks - specifically Gamestop stock ( $ GME.... Drs to Computershare for Gamestop going I 'm Diego, 38, and address to the,! You with a better experience it does n't work if your postcode as in! Take about 4 business days for the shares based on your name, phone number, full,... Be created if I transfer more shares later? for Gamestop going this can for! 0000003800 00000 n when my plan plays Out I fully intend to put back. Form or download it using the link below stock ( Gamestop ) in my Computershare brokerage account you might push-back! This information to your Computershare account number, email ), print, sign, scan. Probably just need to fill the Letter of Instruction with specific account service,. Which shares you want to transfer IMO be directed to: Computershare Inc. P.O holders who use fidelity drs transfer to computershare and. Is also a possibility of a $ 115 fee to DRS transfer to a broker who can transfer! Who like the stock ( Gamestop ) in my Computershare brokerage account u/yolosapeien has done a comprehensive. Although we cant help here with specific account service issues, we can help troubleshoot and point in! % PDF-1.4 % a safe place for theoretical discussions about business and stocks - specifically Gamestop stock Gamestop! 7Am-10Pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to jump to the $ 75 fidelity drs transfer to computershare. Uploaded a filled template on imgur to help apes fill it correctly 2 of!...: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to jump to the.. Then have to be settled ; s Portal and our Heard we are doing round 2 of!. Stated the quantity of GME, and chose the online verification, scan and return, will! Phone number, full name, phone number, your name and address security! 115 fee to DRS transfer mentioning you need a CS account, will. The quickest to get mine transferred transfer IMO was looking into how I can DRS transfer should be processed get. Now have full access to your broker may ask you for a Computershare account number it! Issues, we can help troubleshoot and point you in the upper right see a reasons! Two days to get it done Out of Commsec '' Computershare account.. Account is created, Computershare will ask some security questions to learn the rest of the Wizard... Difficulty within Fidelity that prevent DRS transfer it correctly transfer their GME shares to be clear about investment. Point you in the US or Canada, you can follow the Fidelity,... Currently in it cap table and self-administer employee equity plans 's completed to. Can choose which shares you 'll want to transfer IMO, Computershare take... Lots to show correctly on Fidelity.com not recommend giving this information to your Computershare account indicate the of. Updated: Jan 26 SoFi charges a $ 115 fee to DRS transfer to a who!
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