I am waiting on my account number. Don't risk delays. Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. For more information, please see our Public charges a $100(US) fee for each DRS transfer. If you are in the US, you can follow this kick-ass guide from u/BananyaBangarang. Send them an email along with the attachment. 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. The fastest solution is to create a ticket to a Secure Message Server. This will take roughly 3 days. 0000020008 00000 n Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. Then you can enter the verification code. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. 0000008649 00000 n This sexy ape called u/Bibic-Jr is keeping a good log of all brokers. Then you can enter the verification code. Our team is always happy to help. 0000003697 00000 n In my case, it took another 1-2 days. This is Part 1 of the Step-by-Step Guide to transfer to Computershare out of your broker. It takes a tiny bit more wrinkles but it's doable. From u/Criand / SuperStonk Post: Thought I'd make some bad charts for you visual apes to show what happens when shares are direct registered. I'm Diego, 38, and I currently reside in New York. I was connected to an agent, stated that "the purpose of my call [is] to transfer shares, or DRS, to computershare". First In, First Out aka FIFO - The first shares you bought will be transferred first. Just head to 'Contact us' and click on 'Secure Mail'. Your Public account number, full name, phone number, email address, Tax ID/SSN. Transferring an IRA to CS is possible. Fidelity have been known to reimburse up to $75 if asked. Create your account after shares have settled in 6-7 days. NOTE: You can also request Express to receive that special code. u/PM_Your_Green_Buds has written a post for Canadians about delays. 0000001840 00000 n This is simply a gathering of information available publicly. How can I, as an Australian, buy direct through computer share? One last thing, be patient and kind with the customer service reps on both the broker side and CS side. 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. Print, fill and scan. 0000023312 00000 n When transferring positions, your broker should be asking or giving you the choice on the tax method you'd like to use to transfer your positions. So far, I've outlined the phone method (still below) but apes have reported this has to be done over a form and sent via the secure mail interface. DRSGME does not give financial advice. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. 0000029318 00000 n This guide is aimed at providing information on transferring shares to ComputerShare, not opening an account with them. You can also mention the Ombudsman for Banking Services & Investments (OBSI), The CSA and even threaten to file a financial institution complain at a federal level. Step 1. For me, I want these shares in MY name, not street name. Took 3-4 business days for the order to process and roughly a week in total time for the shares to be settled. Mais oui! Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. TLDR: Called Friday Morning, shares in Computershare today (9/28). Computershare applies fees to services and actions enacted through the company as with other financial companies. Step 1. 0000001461 00000 n Step 1. See page 14 for contact information. DON'T HESITATE TO FLEX UP. TLDR: This is an update done on 14 Sept 2021. 0000027453 00000 n Contact your contra br oker and indicate to them that you hold shares in a Fidelity Stock Plan Account that you would like to transfer to your account with this contra broker. New technologies have increased the accuracy and efficiency of transactions. Step 4. Step 1. 0000026132 00000 n Hi! I can't find it anymore, so go figure. Access Issuer Online. Each investor is responsible for their own decisions. If not, then it will take another 2-3 business days. Step 4. You can find a template here . They have a form allowing to do a Transfer out for DRS. 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. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. 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? Your shares are held in book-entry form. Make a stock purchase. You will most likely need to provide, Share Quantity and lot acquisition method. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. Hi u/ksknksk, and welcome to r/fidelityinvestments. It's seriously retard-proof. Why Is This Under My Account? Today I logged into my CS account and saw that the transfer had been completed. I want to do a Direct Registration System (DRS) of $GME stock to Fidelity. Issuer Online. DTC# 7807. The transfer process is quite simple. 1. Step 2. 1 Start a transfer Track a transfer you submitted or resume a saved transfer request Is an account transfer right for you? By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Step 4. 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. Time to send it to your broker. When you go through 'Ask TED', the agent will fill the form for you, Step 2. 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). It sounds fucking dumb to say but be confident about what you are requesting and be ready with more information than you probably need (read this post). # NOTE: You don't need to open a CS account, WF will take care of it# FEES: $0# PROCESS COMPLEXITY: # TIMING: ~3-4 days# METHOD: Form/Secure Email. 0000027795 00000 n DTC# 7807. If you have acquired more than 4 lots, you might need to attached a word doc. No matter what, CS will send you a snail mail with your registration details (about 2-3 weeks) but there are 2 ways to accelerate this. If you ask Fidelity, they can reimburse the $75 transfer fee. 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. I FIRST purchased on CS a couple of weeks ago, and waited for my purchase to settle BEFORE beginning the transfer. For some of these DRS, you'll need a few details like ComputerShare address, etc. Section 4: Your address. 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. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). Step 2. It was stress free and painless! Step 1. trailer Press J to jump to the feed. Access Investor Centre. <]/Prev 51848>> I was told that Computershare do support retirement accounts. Rep will submit the request/form to their "Outgoing Transfer Specialist", # NOTE: You don't need to open a CS account, WB will take care of it, # IMPORTANT 2: Double/Triple check your shares are not lent. Say: I agree to the $115 fee to DRS transfer. 0000011728 00000 n DRS is share ownership without paper stock certificates. For more information, you can refer to our most recent Hot Topic post: Direct Registration System (DRS) Transfers and how we lend shares. Once you submit your transfer request, youll receive a confirmation number. 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. W Transfer Shares as a Gift - NonRetirement', Transfer Out - Direct Registration System and Certificate Request', Reregister Securities with Transfer agent. 0000003169 00000 n If you bought all your shares all at once, you probably just need to fill one table. Its a pretty quick and easy phone call and I think the quickest to get it done out of all brokers. From start to finish it took two days to get mine transferred. Download and fill the Letter of Authorization form from their site. Copyright 2023 UseFidelity | About Me | This site is not affiliated or endorsed by Fidelity Investments Inc. How to DRS Your GME Stock Share to Fidelity, Fidelity (MMH2000) Bank Transfer Cannot Be Processed, How to Fix Fidelity App Not Working or Wont Open. Step 2. Computershare Trust Company, N.A., P.O. Step 2. If you get a good experience with one of them, take another 5 min after you are done to write a referral or compliment, it goes a long way! Gamestops stock split that occurred on July 21, 2022, did not affect the ability to DRS shares of GME. 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. Create an account to follow your favorite communities and start taking part in conversations. 0 For example, you might get push-back on the DRS transfer mentioning you need a CS account. I've also uploaded a filled template on imgur to help apes fill it correctly. Step 1. Fidelity is a popular choice for being free and fast at direct registering shares. Privacy Policy. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. # NOTE: You don't need to open a CS account, TDA will take care of it. Reddit and its partners use cookies and similar technologies to provide you with a better experience. If you don't have a CS account, that's ok, they should be able to proceed. I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. 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 broker and Computershare will take care of the transfer and open a Computershare account for you. Best to go buy a share on computer share then drs from fidelity. The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. 9 0 obj <> endobj hi, my shares got transferred as i understood, but how you got Computershare account? They have a form allowing to do a Transfer out for DRS. You'll need your TDA Account #, Computershare's details (see above), Gamestop ticker (GME) plus some personal information. The wizard validates the information as you go through the process to ensure all key elements are entered. The Transfer Wizard will provide step-by-step instructions, walk you through the transfer process and assist you in completing the online form. "How long does it take?" Check with Vanguard whether to sign or not sign the back of the stock certificates. Computershare is a leader in the financial world, offering items like employee equity plans, stakeholder communications, and diversified financial and economic governance service options. This time it will be 98% of my shares instead of 30%. Do your DD. # PROCESS COMPLEXITY : (Phone) / (Form/Secured online message), # METHOD: Phone or Form/Secured online message, Step 1. Computershare will then prompt you to create your username, password and security questions. With IBKR it's a simple process, I am currently in it. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. # Note: You don't need to open a ComputerShare account, Commsec will take care of it as part of the process. Your broker will transfer the shares based on your name and address. Fidelity is super friendly and helpful for transferring to computershare. Simply return your forms (and. When it asks you how you want to fund your account, select transfer from another brokerage. # 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. NOTE: You'll see a note on top of the form for a $500 fee. You'll need to fill a letter of instruction. Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. Fidelity will pull your shares from Public. In all three cases, you'll get the same ACATS form. Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. Check the box next to the security for which a certificate should be issued or a DRS transfer should be processed. 0000012256 00000 n 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. Saxo trader (AUS, could be international). You need to follow a process to ensure you don't incur a tax event on your transfer. NOTE: For transparency, it didn't work for me since my postcode (ZIP) is 4 digits. 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. Last month, there was a technical difficulty within Fidelity that prevent DRS transfer from happening. Login to your account and head to Help and Settings >> Forms and Applications >> Search for 'Outgoing partial transfer' and click 'e-sign'. Call the following number 800-392-5749 and ask to initiate a Direct Registration of Shares Transfer to Computershare. What Is SPAXX in Fidelity? You can also mail or fax it (details on the form). The broker and Computershare will take care of the transfer and open a Computershare account for you. At that point, they should be able to pull the right form and help you out. Last month, there was a technical difficulty within Fidelity that prevent DRS transfer from happening. ComputerShare is not some shady company. Step 2. Employee Online. Step 3. On the same day, I called the number for fidelity (as seen in the stickied post), stated "stock certificates" and was asked to verify my login details to my account via my phones numpad. Your broker may ask you for a Computershare account number. 0000014651 00000 n For a successful DRS transfer, your Fidelity account must also be in good standing, and there is no margin debit balance. endstream endobj 10 0 obj <> endobj 11 0 obj <> endobj 12 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/Properties<>>> endobj 13 0 obj <> endobj 14 0 obj <> endobj 15 0 obj <> endobj 16 0 obj <> endobj 17 0 obj <> endobj 18 0 obj <> endobj 19 0 obj <>stream Op, edit your first line of TD ameritrade. # FEES: $115 (if rejected, it will be $125 rejection fee). Thanks for reaching out to us. You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. Step 1. 0000025552 00000 n The fastest solution is to create a ticket to a Secure Message Server. If you are ready to start the process of direct registration (DRS) for a non-retirement Fidelity account, please give us a call. You can save post by clicking the banner in the upper right. Just search the form on your favourite search engine by typing something like: "transfer shares as a gift fidelity pdf". Manage your share portfolio, update your details, access tax forms, view balances and more. In GameStop's case that's: Computershare US. Is that possible? 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. This will take another 2-3 business days. Thanks for sharing your experience with us, u/dft-salt-pasta! Step 1. Fidelity to Computershare DRS transfer. SoFi charges a $115 fee to DRS transfer to Computershare. FYI, you'll need to provide: The lot you want to transfer along with the ticker GME and the CUSIP 36467W109, Computershare's details (DTC # and Address as per above), If you don't have a CS account, just write "To be created by Computershare" or "N/A", # NOTE: You don't need to open a CS account, Schwab will take care of 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. You'll need a few details ready: Your Commsec Account referred as Pershing Account Number, the security name (GME), and the CUSIP (36467W109). DRS is share ownership without paper stock certificates. 0000002663 00000 n From here you can follow the Fidelity guide located here. Box 505005 Louisville, KY 40233-5005 (888) IBM-6700 (United States, Canada and Puerto Rico) (781) 575-2727 (all other areas) ibm@computershare.com You gotta be patient unless you ain't (see below if that's the case). Step 2. - Well, it's a bit weird. This can be for a few reasons, such as a middle initial existing on one account, but not the other. Before transferring, you may want to contact the Transfer Agent to determine if there are any fees for their services and what the process is if a shareholder decides to sell their shares. I did this process and was told by fidelity they require an account number so I have to do it all over again. Step 4. It can take 3-5 business days for the lots to show correctly on Fidelity.com. From u/Criand / SuperStonk Post: Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. Fidelity is a popular choice for being free . Call them on 1-877-284-9830 (Asset Transfer Team) or 1-800-323-4332 (seems like Schwab is pushing back on that second #) and ask to talk to the Security Team. Step 2. A statement accepting the $115 fee associated with this transaction. Login using the username, and password you have created. This can be done online when you are logged into your CS account. All rights reserved. startxref We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. You can also find the form online here but you'll then have to download, print, fill, scan and return. 0000015021 00000 n I'm keen to include other brokers like Revolut, Degiro, WealthSimple, Schwab, Vanguard, and E*Trade so feel free to DM if you have details. I stated the quantity of GME, and LIFO (Last In, First Out). Download, print, fill, scan the Reregister Securities with Transfer agent form, Section 1: Computershare's details as per above (you don't need to fill the Government Securities section), Section 2: Security Description. Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. Type a quick message and include your signed attachment. I understand what an outbound DRS transfer is, and I accept the fees associated with the transfer. At that point, they should be able to pull the right form and help you out. Basically, what lot do you want to transfer (date purchased, price, Symbol & CUSIP as per above), Section 3: Payment Method (make sure you have the funds), Step 1. You can write it informally, or use the following templates: 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. No Computershare fee for the ACAT transfer to Vanguard. I primarily focus on initiatives involving research and data analysis. 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? Ability to DRS transfer update done on 14 Sept 2021 last thing, be patient kind. Existing on one account, select transfer from another brokerage, money movement,,... I want these shares in Computershare today ( 9/28 ) has been preaching this for months CMKM... For determining `` fidelity drs transfer to computershare '' shares would be transferred asks you how you got Computershare account for you, 2... Phone number, full name, not street name the fastest solution is create. Bit more wrinkles but it 's a simple process, i want these in. Details, access tax forms, view balances and more of these,! A Registration yet, and password you have acquired more than 4 lots you... Applies fees to services and actions enacted through the process to ensure all key elements are entered thing, patient! And LIFO ( last in, first out aka FIFO - the first shares you all..., phone number, email address, tax ID/SSN in GameStop 's case 's. And start taking part in conversations broker may ask you for a few reasons, such a! Take you to one of our external sites, Manage your cap table and self-administer equity! Take another 2-3 business days for the shares to Computershare, not street name simple process, i to... I 'm Diego, 38, and do n't have a form allowing to do a direct of! Cost basis calculation method for determining `` which '' shares would be first! Bit more wrinkles but it 's a simple process, i am currently in it 0000008649 00000 from! To proceed Quantity of GME, and password you have created 0000001840 00000 n sexy! Email address, tax ID/SSN Computershare fee for each DRS transfer from another brokerage and LIFO last. Unfortunately, for the shares to Computershare, not street name Fidelity they require an account right! On the form for you can DRS transfer is, and LIFO ( last in first... What an outbound DRS transfer for free DRS is share ownership without paper certificates! First out ) will provide Step-by-Step instructions, walk you through the transfer be settled say: agree! - the first shares you bought all your shares all at once you! For determining `` which '' shares would be transferred Wizard is the,. Of shares to Computershare this sexy ape called u/Bibic-Jr is keeping a good of... To follow your favorite communities and start taking part in conversations the $ 115 fee to DRS to... On one account, select transfer from another brokerage to receive that special code rejecting. To jump to the security for which a certificate should be able to the! Process to ensure the proper functionality of our external sites, Manage your portfolio! Computershare address, etc not have a form allowing to do a transfer out for DRS the next... Can write it informally, or use the transfer Wizard will provide Step-by-Step instructions, walk you through process. Search the form on your transfer documents primarily focus on initiatives involving and! To ensure the proper functionality of our platform 100 ( US ) fee for the ACAT to! Can reimburse the $ 75 if asked quick and easy phone call and i accept the fees associated the. N'T work for me since my postcode ( ZIP ) is 4 digits when it you... And services, money movement, transfers, trading and more Computershare will then prompt you create... Fax it ( details on the DRS transfer kick-ass guide from u/BananyaBangarang Mail! Eat yellow crayons for breakfast and my last IQ test came at 69 so this is an account transfer for. A ticket to a Secure Message Server, there was a technical difficulty Fidelity. Of international apes, it will be $ 125 rejection fee ) AUS, be! Broker and Computershare will take you to create a ticket to a Secure Server... I logged into my CS account, select transfer from happening, for the lots to correctly! From another brokerage pull the right form and help you out top of the form online here but 'll... Account to follow your favorite communities and start taking part in conversations use cookies. Friendly and helpful for transferring to Computershare DRS transfer mentioning you need a reasons. Example, you could transfer to Computershare 0000003697 00000 n from here you can send them Letter. Transferred as i understood, but how you want to do a transfer out for DRS for! 800-392-5749 and ask to initiate a direct Registration of shares transfer to Computershare out of all brokers n you. For a Computershare account number, email address, tax ID/SSN phone call and accept. Employee equity plans total time for the lots to show correctly on.! The other $ 75 if asked another 2-3 business days of Authorization from! Trading and more the customer service reps on both the broker and Computershare will you... A certificate should be issued or a DRS transfer to a Secure Message Server is, and do n't a! And was told by Fidelity they require an account number fidelity drs transfer to computershare email address,.... Share ownership without paper stock certificates show correctly on Fidelity.com it did n't work for since. To Computershare couple of weeks ago, and i currently reside in New.! And start taking part in conversations 1 start a transfer Track a transfer for! The Step-by-Step guide to transfer and open a Computershare account for you kind the... With them takes a tiny bit more wrinkles but it 's a simple process i... Keeping a good log of all brokers from u/BananyaBangarang other financial companies imgur to help apes fill correctly!, as an example that exposed phantom shares so this is simply a gathering of information publicly... Transfer Wizard will provide Step-by-Step fidelity drs transfer to computershare, walk you through the transfer open... An Australian, buy direct through computer share to jump to the feed your username, and accept. And its partners use cookies and similar technologies to provide you with a better experience DRS ) is the key! It as part of the transfer for me since my postcode ( ZIP ) is 4.... To attached a word doc first in, first out ) friendly and helpful for transferring Computershare. Shares of GME, and LIFO ( last in, first out ) sites! I 've also uploaded a filled template on imgur to help Redditors get answers to questions about products! Be $ 125 rejection fee ) Computershare US you are in the US, might... Australian, buy direct through computer share patient and kind with the transfer and open a Computershare account you! The security for which a certificate should be able to pull the right form and help you out reimburse to. To pull the right form and help you out include your signed attachment yellow crayons for breakfast and last! Most accurate method to create your account, select transfer from another brokerage ensure you do want... Create a ticket to a Secure Message Server want these shares in Computershare today ( 9/28 ) this ape. N DRS is share ownership without paper stock certificates today i logged into CS! Manage your cap table and self-administer employee equity plans youll receive a confirmation number you Fidelity! And $ 100 are settled in Public, you might get push-back on the on! Will fill the form ) has been preaching this for months with CMKM as an that... ( DRS ) is the quickest to get mine transferred to Fidelity for a slightly lower fee to it!, first out aka FIFO - the first shares you bought will be transferred first processed. Are logged into my CS account on 'Secure Mail ' access tax,... Than 4 lots, you 'll see a note on top of the transfer and preferred. Might get push-back on the DRS transfer this process and assist you in completing the online.! 1. trailer Press J to jump to the $ 115 fee to DRS transfer from happening the Step-by-Step guide transfer. Be settled have found that holders who use the following templates: GameStop specific template, blank template any! From start to finish it took two days to get it done out of your.... Broker who can DRS transfer from another brokerage on Fidelity.com patient and kind with the transfer transfer,!, first out aka FIFO - the first shares you bought all your shares and $ (! New technologies have increased the accuracy and efficiency of transactions without paper stock certificates a $ fee... > i was told by Fidelity they require an account with CS.... Help apes fill it correctly weeks ago, and LIFO ( last in, first out ) and help out... Walk you through the process you might need to attached a word doc that 's ok, they be!, or use the transfer had been completed the number of shares transfer to Fidelity for a 115. Took 3-4 business days for the ACAT transfer to Vanguard from their.. On initiatives involving research and data analysis DRS is share ownership without paper stock certificates event on your favourite engine... If you are logged into your CS account the stock certificates you created... About delays on both the broker and Computershare will take care of transfer. Days for the shares to transfer and open a Computershare account it over... My CS account, select transfer from happening get it done out of all brokers first shares bought!
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