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 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. There is no more need for the verification code. 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. Step 1. Do your DD. Okay, so I put in a buy order on CS. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. Step 2. The process was so completely easy from start to finish. Call the following number 1-800-343-3548 and say it's for 'stock certificates'. It takes a tiny bit more wrinkles but it's doable. You might need to provide the following details: Your account # with Fidelity Your DOB, SSN and current address How many shares you'll want to transfer and the method. A guide to TRANSFER a portion/all of your GME shares to Computershare (referenced as CS in this post). IF LONGER, ASK TO SPEAK WITH THEIR COMPLIANCE DEPARTMENT AND THREAT TO FILE A COMPLAINT WITH FINRA. Public charges a $100(US) fee for each DRS transfer. Direct link for TDA form: https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf. 0000027795 00000 n New technologies have increased the accuracy and efficiency of transactions. I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. - See bottom of this post for more on this. Didn't even have to say what I wanted. DTC# 7807. All rights reserved. How To Check Your Total Commissions & Fees on Fidelity. 4 minutes. The last ones? At that point, they should be able to pull the right form and help you out. Done UPDATED 19/09 5:15pm GMT+10 -Transfer from TD Ameritrade How To Contact Fidelity Customer Service (Skip the Wait), How to Transfer from Charles Schwab to Fidelity, How to Transfer Stocks to a Fidelity Roth IRA. # Note: You don't need to open a ComputerShare account, Commsec will take care of it as part of the process. Fidelity Total Price Improvement: What Is It? 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). Gamestops stock split that occurred on July 21, 2022, did not affect the ability to DRS shares of GME. If you are still having second thoughts please do not be afraid or hesitate! I called Fidelity to initiate a DRS transfer of my shares to Computershare! P.O. 0000017465 00000 n He knew. The Direct Registration System (DRS) allows registered securities to be held in electronic form without having a physical security certificate issued as evidence of ownership. Return via email. 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. Privacy Policy. "What happens if MOASS starts while the shares are being transferred?" Head to Contact Us and click on Secure Mail to return the form. The stock you want to transfer along with CUSIP and quantity. 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. - That question has been floating around lately. ELI5: You can choose which shares you want to transfer (the first ones you bought? Return. 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. Double-check that you won't need the $500 deposit. Issuer Online. If you bought all your shares all at once, you probably just need to fill one table. This is a restricted community. There is also a possibility of a $115 fee if the transfer is rejected. Step 1. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. It took me longer to figure out how to enter my fidelity password using only my phones keypad compared to talking to the rep. 0000027702 00000 n Why Is This Under My Account? Your login for CS is totally unrelated to your broker's login. CS live chat was not particularly helpful. Create your account after shares have settled in 6-7 days. 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). You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. 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. Print, sign, and scan the Letter of Instruction. 0000000016 00000 n Look Smart $$$, I diversified like you wanted! This can be done online when you are logged into your CS account. They should have a secured message center. 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 They have a form allowing to do a Transfer out for DRS. Step 3. 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. Step 2. For the reason for transfer, you can put something like "I want to register my GME shares with ComputerShare", Step 4. So read the questions carefully. Each investor is responsible for their own decisions. Manage your share portfolio, update your details, access tax forms, view balances and more. hi, my shares got transferred as i understood, but how you got Computershare account? Section 4: Your address. Make sure you follow up with them. The broker and Computershare will take care of the transfer and open a Computershare account for you. Your broker will transfer the shares based on your name and address. Step 1. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. %%EOF One last thing, be patient and kind with the customer service reps on both the broker side and CS side. and our etc). Computershare will then prompt you to create your username, password and security questions. International apes can certainly buy and transfer into CS. Create an account to follow your favorite communities and start taking part in conversations. Investor Centre. # 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. 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. You will receive your transfer confirmation a few weeks later. For the email write: I would like an outbound DRS transfer as detailed in the attached Letter of Instruction. This guide covers the following brokers: Interactive Brokers/IBKR (, , , , , , , , , , , , , , ), German Apes, check the post from u/exzellenzzz in the German sub, TLDR: A guide on how to DRS your shares to Computershare from TD Ameritrade (), Fidelity (), Commsec (), Interactive Brokers/IBKR (I), Avanza (), Edit3: Corrected DTC's number for CS from 50108 to 7807. Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. 9 0 obj <> endobj They will start the process. 0000024294 00000 n brochure outlines what DRS means to you as a shareholder. From start to finish it took two days to get mine transferred. Step 2. 0000016289 00000 n You can certainly transfer your Gamestop shares from Computershare to Fidelity. Just click on 'Compose' > 'New Ticket' > 'Funds & Banking' > 'Position Transfers' and type a fancy subject line like "Outbound DRS Transfer - Computershare" or something easy for them to identify. The broker and Computershare will take care of the transfer and open a Computershare account for you. For some of these DRS, you'll need a few details like ComputerShare address, etc. If you ask Fidelity, they can reimburse the $75 transfer fee. If the shares having been purchased at the earliest several weeks ago made a difference? Your broker will transfer the shares based on your name and address. The Transfer Wizard will provide step-by-step instructions, walk you through the transfer process and assist you in completing the online form. Last month, there was a technical difficulty within Fidelity that prevent DRS transfer from happening. "What happens once the transfer has gone through with my broker?" %PDF-1.4 % You've got this! Your account number, your name, your phone number, your email. I FIRST purchased on CS a couple of weeks ago, and waited for my purchase to settle BEFORE beginning the transfer. Fidelity will pull your shares from Public. # PROCESS COMPLEXITY : (Phone) / (Form/Secured online message), # METHOD: Phone or Form/Secured online message, Step 1. trailer Computershare is a leader in the financial world, offering items like employee equity plans, stakeholder communications, and diversified financial and economic governance service options. Put a statement agreeing to the fees, (eg. Step 3. I was looking into how I can drs x amount of shares to CS? Why don't Fidelity support transferring retirement shares via DRS? 0000018659 00000 n This is incorrect. "What happens to my shares once they are 'transferred' to CS?" Reddit and its partners use cookies and similar technologies to provide you with a better experience. Step 1. 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. # NOTE: You don't need to open a CS account, Ally Invest will take care of it. You need to fill the form called "Transfer Out - Direct Registration System (DRS) and Certificate Request". From here you can follow the Fidelity guide located here. 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. 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. You can also mail or fax it (details on the form). Hi u/ksknksk, and welcome to r/fidelityinvestments. Send an email with the following details asking for an outbound - DRS Transfer. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. 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. BOX 505000 LOUISVILLE, KY 40233-5000 COMPUTERSHARE'S DTC NUMBER: 7807 ----------------- Fidelity (US) Step 2. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. Access Employee Equity Plans. You will need to send a letter of instruction (ie: "yo, change this to what i want!"). 1996 - 2023 Computershare Limited. You need to follow a process to ensure you don't incur a tax event on your transfer. Getting a tracking number should take a day so you can call back and ask for it. 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? The world's leadi ng organizations work with us to maximize their relationships with investors, employees . 0000003800 00000 n Happy to investigate further if any apes want. You will most likely need to provide, Share Quantity and lot acquisition method. YOU TRANSFER TO ANOTHER BROKER WHO CAN DO IT FASTER (Personally, I like Fidelity): In that case, you could initiate a broker to broker transfer (Transfer from your original broker to the new broker (ie: Fidelity). Open an account with Fidelity. This is for issuance of a Certificate, not a DRS transfer. You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. 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