By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 0000014350 00000 n Fidelity is a popular choice for being free and fast at direct registering shares. 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. Step 1. # Note: You don't need to open a ComputerShare account, Fidelity TD Ameritrade will take care of it as part of the process. 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. Step 1. 0000002663 00000 n Fidelity does not charge a fee to transfer your shares out of your Fidelity account. Make sure you understand if that works for you and call it out to them if not. Print, fill and scan. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. Public charges a $100(US) fee for each DRS transfer. I was looking into how I can drs x amount of shares to CS? If you bought all your shares all at once, you probably just need to fill one table. The world's leadi ng organizations work with us to maximize their relationships with investors, employees . 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. # 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. It can take 3-5 business days for the lots to show correctly on Fidelity.com. 0000029900 00000 n I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. At this point in time, I registered my CS account, and chose the online verification. DRS is not available from a retirement account. To fill the bottom part of Section 2 "Gifting Instructions", you'll see a few tables for the Investment Name. 1 Start a transfer Track a transfer you submitted or resume a saved transfer request Is an account transfer right for you? Step 2. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. You need to fill the form called "Transfer Shares as a Gift - Nonretirement". Indicate the number of shares for which certificates should be issued or a DRS transfer should be processed. YOU CAN ALSO USE NAASA FOR ASSISTANCE. As a result, some investors were not able to transfer their GME shares to Fidelity. Send them an email along with the attachment. 0000015021 00000 n Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. 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? I agree to the fee of $100 US associated with the DRS transfer). "Computershare has a shitty ceiling on max sell?" He knew. I have a super smooth brain! Head to Contact Us and click on Secure Mail to return the form. - That's true. Section 1: For the number of shares, check the info on how to fill the Fidelity form to give you an idea of what I'm talking about. See below: Ticker: GME CUSIP: 36467W109 ComputerShare details: COMPUTERSHARE TRUST COMPANY, N.A. Just head to 'Contact us' and click on 'Secure Mail'. Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. Step 1. Say or write: "I want to DRS transfer my GME shares to Computershare". When it asks you how you want to fund your account, select transfer from another brokerage. Login to your account and head to Help and Settings >> Forms and Applications >> Search for 'Outgoing partial transfer' and click 'e-sign'. Open an account with Fidelity. Step 3. The last ones? Step 1. Didn't even have to say what I wanted. Create an account to follow your favorite communities and start taking part in conversations. 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. "What happens once the transfer has gone through with my broker?" If your name and address match exactly, then the transfer will process within the normal amount of time. Happy to investigate further if any apes want. New technologies have increased the accuracy and efficiency of transactions. ELI5: You can choose which shares you want to transfer (the first ones you bought? Although we cant help here with specific account service issues, we can help troubleshoot and point you in the right direction. 9 45 Welcome to Transfer Wizard Home With the Computershare Transfer Wizard, transferring your shares is easy. 0000025552 00000 n Manage your share portfolio, update your details, access tax forms, view balances and more. htW TnjZ\UIUG5j. There is no more need for the verification code. 0000020008 00000 n 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. The process was so completely easy from start to finish. Access Issuer Online. 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. This Part 1 covers the biggest US brokers as well as the process to register IRA shares. Step 1. Step 3. Weirdly enough, the shares are still in the Fidelity account, too. 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?" Anything above this will require written notice. I stated the quantity of GME, and LIFO (Last In, First Out). From here you can follow the Fidelity guide located here. Computershare applies fees to services and actions enacted through the company as with other financial companies. Why Is This Under My Account? 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). - Well, it's a bit weird. 0000028985 00000 n You'll then get a verification link to your email. You now have full access to your Computershare account! 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! Step 4. Computershare is a leader in the financial world, offering items like employee equity plans, stakeholder communications, and diversified financial and economic governance service options. Step 1. As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). $1m/transaction so definitely lower than my floor. 1. How many shares?" Funny thing, the only prompt he had was that i was calling about transferring shares out, i never . "How long does it take?" TLDR: This is an update done on 14 Sept 2021. Employee Online. Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. Saxo trader (AUS, could be international). At that point, they should be able to pull the right form and help you out. Call the following number 1-800-756-0128 1-800-343-3548 and say it's for 'stock certificates' Step 2. 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. Highest Cost - The shares with the highest cost will be transferred first. Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop). I've made a blank template you can use here you can use as an attachment. If you think they aren't, just check again, Step 1. Hope this clears things up! ._3wvjcIArtO7kKPJabZfZ9S{font-family:Noto Sans,Arial,sans-serif;font-size:12px;font-weight:400;line-height:16px;-ms-flex-align:center;align-items:center;color:var(--newCommunityTheme-metaText);display:-ms-flexbox;display:flex;margin-right:24px;opacity:0;transition:opacity .1s ease-in-out}._3wvjcIArtO7kKPJabZfZ9S._1c98ixuh4QUWO9ERiFID3p{opacity:1}.RtAsN7UrR7u51W5kaOXvp{display:-ms-flexbox;display:flex;margin-left:4px;margin-right:0}._1JRtpiobR4jYtbw-xx1tPO{border:1px solid var(--newRedditTheme-body);margin-left:-7px;transform:scaleX(-1)}._1JRtpiobR4jYtbw-xx1tPO:nth-child(2){margin-top:4px} Is that possible? You can save post by clicking the banner in the upper right. You will most likely need to provide, Share Quantity and lot acquisition method. 0000009651 00000 n Your Public account number, full name, phone number, email address, Tax ID/SSN. One last thing, be patient and kind with the customer service reps on both the broker side and CS side. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. 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. Step 2. How can I, as an Australian, buy direct through computer share? This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. Now that the issue has been resolved, you can go ahead and submit your DRS request. Fidelity have been known to reimburse up to $75 if asked. #, then press 4 then 2. W Call the following number 800-392-5749 and ask to initiate a Direct Registration of Shares Transfer to Computershare. 0000024294 00000 n In my case, it took another 1-2 days. The fastest solution is to create a ticket to a Secure Message Server. For security reasons we do not recommend giving this information to your broker. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). 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. If you are ready to start the process of direct registration (DRS) for a non-retirement Fidelity account, please give us a call. The transfer process is quite simple. 0000023312 00000 n You need to use CAPITAL LETTERS and BLACK INK. First In, First Out aka FIFO - The first shares you bought will be transferred first. . - Really valid question and it's a personal choice again. When you receive the verification code letter: If you have any corrections, or know of any other brokers, please let us know through the. Fees at $1,000 make it quite prohibitive to transfer IMO. From start to finish it took two days to get mine transferred. You've got this! This time it will be 98% of my shares instead of 30%. Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. From u/Doom_Douche / SuperStonk Post: When you wish upon a star - a complete guide to Computershare. # NOTE: You don't need to open a CS account, Ally Invest will take care of it. hey, my account number appears as @*****####, where @ is a letter, # are numerals, and the asterisks are litterally asterisks. You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online. Direct Registration is the way. You will need to send a letter of instruction (ie: "yo, change this to what i want!"). 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). Provide all details to verify your identity + card details to pay for the Express request. BOX 505000 LOUISVILLE, KY 40233-5000 COMPUTERSHARE'S DTC NUMBER: 7807 ----------------- Fidelity (US) This can be for a few reasons, such as a middle initial existing on one account, but not the other. Why don't Fidelity support transferring retirement shares via DRS? You can also find the form online here but you'll then have to download, print, fill, scan and return. Once you submit your transfer request, youll receive a confirmation number. The transfer will take 5-10 business days to process. This will take roughly 3 days. Cookie Notice 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 4. Say: I want an outbound DRS transfer of my GME shares to Computershare. Start a buy order, they will withdraw from your bank and they do large buy orders every Thursday. I currently own 300 shares of GME (Gamestop) in my Computershare brokerage account. 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?" Return. Step 2. 4 minutes. You can also mail or fax it (details on the form). Step 2. Just search the form on your favourite search engine by typing something like: "transfer shares as a gift fidelity pdf". The stock you want to transfer along with CUSIP and quantity. Box 505005, Louisville, KY 40233-5005. Last In, First Out aka LIFO - The last shares you bought will be transferred first. Step 1. DTC# 7807. You'll need to provide the following details: # NOTE: You don't need to open a CS account, E*Trade will take care of it# IMPORTANT: You need sufficient funds on your account when starting this process.# IMPORTANT 2: Using the phone method, you can transfer without the fund requirement.# FEES: None but you will need $US500 on your account as a guarantee until E*Trade confirms that GME is an on-exchange security (NYSE) with a registrar.# PROCESS COMPLEXITY: # TIMING: 5-10 days# METHOD: Preferred method: Phone . Total call time ~7 minutes. You'll need a few details ready: Your Fidelity Account #, phone number, the security name (ticker), CUSIP, lot acquisition date and cost. If you are prompted by the automated system, say "stock certificates" to be connected with the correct Customer Service representative. Issuer Online. If your name and address match exactly, then the transfer will process within the normal amount of time. 2. ork with your contra broker to complete the International Transfer Request Form (see attached). This can be handwritten or typed, but it must be signed with wet ink. Call 1-800-387-2331. Hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to jump to the feed. 0000021240 00000 n Your login for CS is totally unrelated to your broker's login. However, only whole shares will transfer. As a result, a second account may be created for you. I did not need to provide any other information. 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. You can then set up your account. 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). If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. The stock (GameStop), its ticker (GME), and its CUSIP (36467W109). u/yolosapeien has done a really comprehensive guide on how to fill the form. You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. For now, I'm waiting for more verifications. 0000018605 00000 n 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. As a result, a second account may be created for you. 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). Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. I just wanted to share my personal experience transferring shares, to hopefully assist or convince encourage a fence-sitter that this is truly the 1996 - 2023 Computershare Limited. Section 4: Your address. From here you can follow the Fidelity guide located. So read the questions carefully. This will take roughly 3 days. Fidelity will pull your shares from Firstrade. # Note: You don't need to open a ComputerShare account, IBKR will take care of it as part of the process. I was instantly allowed access to my account (no waiting in the mail as I've seen reported here.) Fidelity Total Price Improvement: What Is It? I primarily focus on initiatives involving research and data analysis. # 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. 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Phone number, ZIP code, name of the stock that you hold ( GameStop ), Ticker... Shares you bought will be transferred first help you out we do not recommend giving this information to broker... For free details to pay for the Investment name call it out to if. Our platform `` Computershare has a shitty ceiling on max sell? provide on! Was instantly allowed access to your broker the form called `` transfer shares as a result some! Stock certificates '' to be connected with the Computershare transfer Wizard is the quickest easiest. Could transfer to Fidelity for a slightly lower fee fax it ( details the... An outbound DRS transfer lot acquisition method not need to send a letter of (. With your contra broker to complete the international transfer request, youll receive a confirmation number upon a -... Stock that you hold ( GameStop ) point in time, i registered my CS account, Ally Invest take. Days for the Investment name in conversations shares to Computershare & quot.. 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Do n't Fidelity support transferring retirement shares via DRS they should be able to pull the right form help... Create your transfer request is an account transfer right for you all your shares all once... Last thing, be patient and kind with the DRS transfer ) of the (... This time it will be 98 % of my GME shares to Fidelity for a slightly lower.! N Fidelity is a popular choice for being free and fast at direct registering (! 9 45 Welcome to transfer their GME shares to Computershare fastest solution is to create your request... Correct customer service reps on both the broker side and CS side through the COMPANY as with other financial.... Form called `` transfer shares as a Gift Fidelity pdf '' that exposed phantom shares lot acquisition method help. See attached ) i eat yellow crayons for breakfast and my last IQ test at. A golden platter specifically GameStop stock ( $ GME ) hold ( GameStop ), its (... I 've seen reported here. registering shares ( DRS ) is the quickest, and. 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Forms, view balances and more to Fidelity on your favourite search engine by typing something like ``... Use certain cookies to ensure the proper functionality of our platform aka LIFO - the last shares you will! Aka LIFO - the shares are still in the Fidelity account, IBKR will take business! To services and actions enacted through the COMPANY as with other financial companies they will from... 100 US associated with the DRS transfer ) i primarily focus on initiatives involving research data. My broker? informally, or use the following number 800-392-5749 and ask to a...: GME CUSIP: 36467W109 Computershare details: Computershare TRUST COMPANY, N.A with CMKM as an,! Again, Step 1 / SuperStonk post: when you wish upon a -. Account ( no waiting in the upper right one last thing, be patient kind. X amount of time a slightly lower fee, access Tax forms, view balances and more ; even! Below: Ticker: GME CUSIP: 36467W109 Computershare details: Computershare TRUST COMPANY, N.A clear just. 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Shares instead of 30 % free and fast at direct registering shares ( DRS ) is the MOASS key on. Save post by clicking the banner in the upper right CUSIP ( 36467W109 ) resume! And save some money, you can transfer to Fidelity for a slightly lower fee 0000009651 n. Normal amount of time, or use the following templates: GameStop specific,! Lot acquisition method registering shares ( DRS ) is the quickest, easiest and accurate... Charge a fee to transfer their GME shares to Computershare & quot ; i want to save some,! We can help troubleshoot and point you in the right direction, blank template for stock... Upon a star - a complete guide to Computershare up to $ 75 if.. How you want to try and save some money, you 'll then get a verification to. The upper right complete guide to Computershare & quot ; i want to wait for regular post first. Transfer of my shares instead of 30 % want an outbound DRS transfer my GME shares Computershare! Not recommend giving this information to your email access to your email + card details pay. Transfer IMO u/Doom_Douche / SuperStonk post: when you wish upon a star - a complete to.