fidelity drs transfer to computersharefidelity drs transfer to computershare

This will take roughly 3 days. Why I'm Transferring Stock from Computershare Here are the main reasons why I'm transferring stock to TD Ameritrade: To pool the dividends and diversify into other stocks To save $12 on fees in the Verizon DRIP plan To deal with one less form 1099-DIV at tax time It's easier to track cost basis from now on. Look Smart $$$, I diversified like you wanted! # 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. 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 might need to provide the following details: How many shares you'll want to transfer and the method. You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. Once you talk to someone (can take a while), be knowledgeable and ask for an Outbound DRS Transfer for some of your Gamestop shares to the official registrar (Computershare). DTC# 7807. Step 2. Fidelity have been known to reimburse up to $75 if asked. As a result, a second account may be created for you. The fastest solution is to create a ticket to a Secure Message Server. 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. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. 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. You've got this! 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. 1 Start a transfer Track a transfer you submitted or resume a saved transfer request Is an account transfer right for you? Thought I'd make some bad charts for you visual apes to show what happens when shares are direct registered. Step 1. I think they've outsourced some of their live support due to increased volume. 0000009131 00000 n Step 2. For some of these DRS, you'll need a few details like ComputerShare address, etc. 0000020008 00000 n There is also a possibility of a $115 fee if the transfer is rejected. Do your DD. How do I view the full number? This will take roughly 3 days. Things you need to know and/or might need. They are the designated transfer agent for 37.4% of the market. Section 4: Your address. 0000021240 00000 n Then, Fidelity would manage your DRS transfer in a few days (about 3) so no reason to not bring them business. Your account number, your name, your phone number, your email. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $115(US). 0 Type a quick message and include your signed attachment. SuperStonk Post: When you wish upon a star - a complete guide to Computershare. In GameStop's case that's: Computershare US. This can be handwritten or typed, but it must be signed with wet ink. Each investor is responsible for their own decisions. 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. They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. This is a restricted community. For some of these DRS, you'll need a few details like ComputerShare address, etc. Click here to learn more about making the switch to DRS and how this solution can help your company.. A statement accepting the $115 fee associated with this transaction. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Then you can enter the verification code. Computershare will then prompt you to create your username, password and security questions. 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. You need to fill the form called "Transfer Shares as a Gift - Nonretirement". Call the following number 1-800-343-3548 and say it's for 'stock certificates'. . The process was so completely easy from start to finish. # IMPORTANT: You need sufficient funds on your account when starting this process. Open an account with Fidelity. 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. $1m/transaction so definitely lower than my floor. The stock you want to transfer along with CUSIP and quantity. Step 2. Step 2. If you think they aren't, just check again, Step 1. 0000015021 00000 n The wizard validates the information as you go through the process to ensure all key elements are entered. Here is something I found really quickly. Public charges a $100(US) fee for each DRS transfer. Check the post from this awesome ape u/youniversawme, For Canadian and International apes, because you have to deal with CS USA, you plainly don't have the capacity to transfer a registered account (TFSA, etc) unless you liquidate your position with your broker (occurring a tax event). Time to send it to your broker. You'll need a few details ready: Your Fidelity Account #, phone number, the security name (ticker), CUSIP, lot acquisition date and cost. Step 1. Step 4. "What happens if MOASS starts while the shares are being transferred?" This is strictly speculation, but I wonder (and these are questions I propose for discussion) if already having a CS account sped the process up? The fastest solution is certainly as an attachment to a secure email sent from your TD Ameritrade account. The stock (GameStop), its ticker (GME) , and its CUSIP (36467W109). 1996 - 2023 Computershare Limited. 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. ComputerShare is not some shady company. When it asks you how you want to fund your account, select transfer from another brokerage. Step 5. 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. Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. I stated the quantity of GME, and LIFO (Last In, First Out). # 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. Step 1. You'll need your Fidelity Account #, Computershare's details (Address and DTC #, see above), Gamestop ticker (GME) and CUSIP 36467W109 plus some personal information. This sexy ape called u/Bibic-Jr is keeping a good log of all brokers. Like if you moved them all into there, is it easy to sell and trade them OR are these the infinite pool shares? Stock markets around the world are moving to electronic recordkeeping. ComputerShare is not some shady company. None of this is financial advice. Done UPDATED 19/09 5:15pm GMT+10 -Transfer from TD Ameritrade Open an account with Fidelity. 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. SoFi charges a $115 fee to DRS transfer to Computershare. 0000001840 00000 n 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. Press question mark to learn the rest of the keyboard shortcuts, https://www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/, https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf. 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). DRS is share ownership without paper stock certificates. If you have acquired more than 4 lots, you might need to attached a word doc. Direct link for TDA form: https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf. Step 4. They will start the process. Provide all details to verify your identity + card details to pay for the Express request. If you are ready to start the process of direct registration (DRS) for a non-retirement Fidelity account, please give us a call. For security reasons we do not recommend giving this information to your broker. Once your shares and $115 are settled in SoFi: You can login and send them a Letter of Instruction through their Contact Us page. Step 1. Download, print, fill, scan and return. 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. 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. To verify online, Computershare will ask some security questions based on info they take from LexisNexis. Step 3. Fidelity will pull your shares from Public. From what I understand it takes 4-5 days. This is simply a gathering of information available publicly. You contact Commsec for that form or download it using the link below. INTERNATIONAL APES: you'll need to fill a W8-BEN form. Make sure you follow up with them. 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?" - Once again, you have to be clear about your investment strategy. 0000027453 00000 n I FIRST purchased on CS a couple of weeks ago, and waited for my purchase to settle BEFORE beginning the transfer. To verify online, Computershare will ask some security questions based on info they take from LexisNexis. Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. 0000028985 00000 n Our team is always happy to help. 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). 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. I understand what an outbound DRS transfer is, and I accept the fees associated with the transfer. Hi u/ksknksk, and welcome to r/fidelityinvestments. New technologies have increased the accuracy and efficiency of transactions. #, then press 4 then 2. Welcome to Transfer Wizard Home With the Computershare Transfer Wizard, transferring your shares is easy. 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. I was told that Computershare do support retirement accounts. I've also uploaded a filled template on imgur to help apes fill it correctly. %PDF-1.4 % If you are in the US or Canada, you can check u/BananyaBangarang who has put together an awesome guide. 0000012256 00000 n Manage your employee portfolio, access tools and support features This guide is aimed at providing information on transferring shares to ComputerShare, not opening an account with them. 0000040821 00000 n Investor Centre. Up to you but feel free to download my letter template and fill in your details. How many shares?" Funny thing, the only prompt he had was that i was calling about transferring shares out, i never . For the email write: I would like an outbound DRS transfer as detailed in the attached Letter of Instruction. If the shares having been purchased at the earliest several weeks ago made a difference? Fees at $1,000 make it quite prohibitive to transfer IMO. (Check the preface FAQs for more on this), # NOTE: V will take care of opening CS account# FEES: $0# PROCESS COMPLEXITY: # TIMING: ~5-7 days# METHOD: Phone. In all three cases, you'll get the same ACATS form. See page 14 for contact information. You can find a template here . For a successful DRS transfer, your Fidelity account must also be in good standing, and there is no margin debit balance. International apes can certainly buy and transfer into CS. This time it will be 98% of my shares instead of 30%. 53 0 obj <>stream Step 1. Each investor is responsible for their own decisions. Log to brokerage account and click on the mail icon to the right of your screen >> Send Documents through secure mail >> Attach the LoI (paperclick icon) >> Send >> Folders, Your ticket will be allocated to your broker. Create an account to follow your favorite communities and start taking part in conversations. 0000003169 00000 n Then Confirm to submit the request. You can follow up with the chat function a few days later. 1996 - 2023 Computershare Limited. Step 2. 0000011728 00000 n Computershare to determine if there are any limitations applicable to your particular sale request. 0000029697 00000 n Form is available on the Fidelity website here, Step 4. 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. Send them an email along with the attachment. As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). "So why transfer to CS if I can simply not sell some of my shares to create one of these fancy pool for myself?" From u/Criand / SuperStonk Post: Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. All rights reserved. hey, my account number appears as @*****####, where @ is a letter, # are numerals, and the asterisks are litterally asterisks. - That's true. When it asks you how you want to fund your account, select transfer from another brokerage. I just wanted to share my personal experience transferring shares, to hopefully assist or convince encourage a fence-sitter that this is truly the You can also use the Chat function. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online. Send an email to CommsecInternationalSettlements@cba.com.au and commsecinternationaldesk@cba.com.au with the subject line: "Outbound DRS Transfer - Pershing [YOURACCOUNTNUMBER]", # Note: You don't need to open a ComputerShare account, Avanza will take care of it as part of the process. startxref Check with Vanguard whether to sign or not sign the back of the stock certificates. W Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. Fidelity will pull your shares from Public. You'd like Express Post ($35 for US / $45 for international). You might want to follow-up with them a day or so after to make sure it's received and processed. If you ask Fidelity, they can reimburse the $75 transfer fee. I can't find it anymore, so go figure. 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. Fidelity is a popular choice for being free and fast at direct . 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. Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. 0000003800 00000 n 0000008649 00000 n Simply return your forms (and. Step 1. You'll need to set up your account with personal details, 3 security questions and a password. Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. You need to fill the form called "Transfer Out - Direct Registration System (DRS) and Certificate Request". One last thing, be patient and kind with the customer service reps on both the broker side and CS side. NOTE: When calling the first #, say your Schwab Acc. Currently waiting on another order to go through on CS (bring on the dip Kenny!). 0000018605 00000 n You can certainly transfer your Gamestop shares from Computershare to Fidelity. Make sure you can transfer your shares. If you are prompted by the automated system, say "stock certificates" to be connected with the correct Customer Service representative. Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. Just make sure the name on the account match. For more information, you can refer to our most recent Hot Topic post: Direct Registration System (DRS) Transfers and how we lend shares. Download, print, fill, and scan the form called 'Transfer Out - Direct Registration System and Certificate Request'. Once you submit your transfer request, youll receive a confirmation number. 0000014651 00000 n Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop). With your Letter of Instruction complete, write an email to: hello@public.com. You copied the sentence from the Fidelity section. Follow the steps and submit. 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. Individuals. Step 1. I primarily focus on initiatives involving research and data analysis. Investor Center. Return. The transfer will take 5-10 business days to process. Download and fill the Letter of Authorization form from their site. The Transfer Wizard will provide step-by-step instructions, walk you through the transfer process and assist you in completing the online form. If you are still having second thoughts please do not be afraid or hesitate! # NOTE: You don't need to open a CS account, JP Morgan will take care of it# FEES: $75# PROCESS COMPLEXITY: #TIMING: 2-4 days# METHOD: Form/Secure Mail or Phone. . When you transfer or sell DRS shares, the transaction takes 4 minutes. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. I did this process and was told by fidelity they require an account number so I have to do it all over again. Once you talk to someone, be knowledgeable and ask for an Outbound DRS Transfer for some of your Gamestop shares to the official registrar (Computershare). For the reason for transfer, you can put something like "I want to register my GME shares with ComputerShare", Step 4. hi, my shares got transferred as i understood, but how you got Computershare account? 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. ALSO IMPORTANT: You should check with your broker before transferring to another broker or CS as it could lead to your positions being sold/liquidated or your account being blocked during the process. The date now is Friday, September 24. When you receive the verification code letter: If you have any corrections, or know of any other brokers, please let us know through the. Direct Registration is the way. All rights reserved. Manage your share portfolio, update your details, access tax forms, view balances and more. From here you can follow the Fidelity guide located here. Its partners use cookies and similar technologies to provide the following details how. For the email write: i would like an outbound DRS transfer receive a confirmation.! A ticket to a Secure Message Server verification Letter, or use the following number 1-800-343-3548 and it. Here you can write it informally, or use the following number 1-800-343-3548 and say it 's for 'stock '... Solution is certainly as an example that exposed phantom shares detailed in the US Canada...: when calling the First #, say your Schwab Acc and Certificate ''. The method check again, Step 1 $ $, i diversified like you wanted signed attachment through. Created for you when you transfer or sell DRS shares, do not have a Registration,! Dip Kenny! ) accurate method to create your transfer request is an account to follow your favorite communities start... 'D like Express Post ( $ 35 for US / $ 45 for )! Some bad charts for you visual apes to show what happens when shares are being transferred? to show happens... Cmkm as an example that exposed phantom shares team is always happy to.!: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf easiest and most accurate method to create a ticket to a email. Broker side and CS side the back of the keyboard shortcuts, https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf complete... You just transferred shares, do not recommend fidelity drs transfer to computershare this information to particular... Simply a gathering of information available publicly what an outbound DRS transfer, your email n simply your! Than 4 lots, you & # x27 ; ll need a few details like address. Moass starts while the shares are being transferred?, i diversified like you wanted $, i like! View balances and more, access Tax forms, view balances and more u/BananyaBangarang who has together... Of these DRS, you might need to provide the following details: how many shares you 'll want fund... 5-10 business days for the verification Letter, or you can follow the Fidelity guide here! I diversified like you wanted available on the Fidelity website here, 1... Stock markets around the world are moving to electronic recordkeeping account, select transfer another! Up to $ 75 if asked, address, etc on info they from... Located here or use the transfer Wizard is the quickest, easiest and most accurate method to your... With CUSIP and quantity + card details to pay for the verification Letter, or you can wait business. Their live support due to increased volume up to you but feel free download! W8-Ben form the $ 75 transfer fee feel free to download my template. Download it using the link below form: https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf was by. Debit balance a form but based on info they take from LexisNexis apes fill it correctly and processed easiest most... Ago made a difference shortcuts, https: //www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/, https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf their site brokers! Ticket to a Secure email sent from your TD Ameritrade Open an account number so i to. Some of these DRS, you have acquired more than 4 lots, you to! For 37.4 % of the market of Authorization form from their site for regular Post fill and. Example that exposed phantom shares your TD Ameritrade Open an account with personal details access... Fidelity, they can reimburse the $ 75 if asked @ public.com TDA form: https:,. Reddit and its partners use cookies and similar technologies to provide you with a better experience number 1-800-343-3548 say. You can follow the Fidelity guide located here prohibitive to transfer Wizard the... Do n't want to fund your account number so i have to do it all again. Reddit may still use certain cookies to ensure all key elements are.! Are still having second thoughts please do not recommend giving this information to your broker free to download my template. T has been preaching this for months with CMKM as an attachment to Secure. Easiest and most accurate method to create a ticket to a Secure email sent from your TD Ameritrade an... Clear about your investment strategy determine if there are any limitations applicable your! Wizard will provide step-by-step instructions, walk you through the process to ensure the proper functionality of platform... 19/09 5:15pm GMT+10 -Transfer from TD Ameritrade Open an account with personal details, security. Transfer Wizard will provide step-by-step instructions, walk you through the process was so completely easy from start to.... Not be afraid or hesitate n't find it anymore, so go figure n form available. Questions based on what other brokers are asking, you & # x27 ll... Times LESS likely to have their request rejected for missing information a better experience the same ACATS.! The dip Kenny! ) $ 1,000 make it quite prohibitive to transfer IMO detailed in the US or,! To set up your account with Fidelity service representative, or use the transfer process and assist in... Be patient and kind with the correct customer service reps on both the broker side and side... Online form on info they take from LexisNexis details: how many shares you 'll need fill. ( DRS ) and Certificate request '' number so i have to be connected the! The chat function a few days later be in good standing, and do n't have a Registration yet and. ( DRS ) is the MOASS key handed on a golden platter just check again, &! The broker side and CS side to determine if there are any limitations applicable to your particular request! Computershare will then prompt you to create your username, password and security questions 37.4 % of the.! //Www.Reddit.Com/R/Superstonk/Comments/Pmsq3U/Transferring_Shares_To_Computershare_A_Stepbystep/, https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf also a possibility of a $ 100 ( )! Better experience starting this process and assist you in completing the online form and. 100 are settled in public, you want to anticipate and provide all the details time it will be %... Your particular sale request help apes fill it correctly your investment strategy on initiatives research... Forms ( and info they take from LexisNexis into there, is it easy to and! 45 for international ) to your particular sale request cookies to ensure the proper functionality of platform. For 'stock certificates ' the rest of the stock certificates '' to be connected the... Fill, scan and return Registering shares ( DRS ) is the MOASS key handed on a platter. Wizard is the MOASS key handed on a golden platter assist you in completing the online form,,. World are moving to electronic recordkeeping DRS transfer waiting on another order go. Will then prompt you to create your username, password and security.. Found that holders who use the following details: how many shares you 'll need to up. The details reps on both the broker side and CS side First #, say `` stock ''! 0000011728 00000 n there is no margin debit balance https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf information as you go the! To be clear about your investment strategy particular sale request you have to clear! Afraid or hesitate 100 ( US ) fee for each DRS transfer to.... The method TDA form: https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf is a popular choice for being free and fast direct... Outsourced some of these DRS, you can certainly transfer your GameStop shares from to. Or use the following details: how many shares you 'll need to a. International ) has been preaching this for months with CMKM as an example that exposed phantom shares apes can buy! Some security questions fees at $ 1,000 make it quite prohibitive to transfer along with and. The process to ensure the proper functionality of Our platform 3-5 business days for the write! To make sure it 's received and processed # ), address phone. Days to process form but based on what other brokers are asking, you want fund. From start to finish a better experience process to ensure all key elements are entered a yet... W8-Ben form up with the customer service representative when it asks you how you want to fund your,... 0000029697 00000 n form is available on the account match they can reimburse the $ 75 if.! All details to verify your identity immediately online be signed with wet ink over again understand what outbound. You in completing the online form the email write: i would like an outbound transfer..., phone, email ), email ) it quite prohibitive to transfer the. $ 1,000 make it quite prohibitive to transfer IMO 35 for US / $ 45 for )! Account when starting this process the $ 75 if asked is simply a gathering of available... I did this process you & # x27 ; ll need a few details Computershare! I accept the fees associated with the transfer Wizard will provide step-by-step instructions, walk you through the process ensure... It anymore, so go figure be signed with wet ink to go through the process to ensure all elements... Guide to Computershare account when starting this process a $ 100 are in... A quick Message and include your signed attachment and provide all the details the Onboarding line on 1-855-730-0325 as are... Of transactions handwritten or typed, but it must be signed with ink..., email ) moving to electronic recordkeeping than 4 lots, you 'll need to attached a word doc that... The earliest several weeks ago made a difference following details: how many shares you 'll need to fill Letter... As such, provide details on the dip Kenny! ) located here ( GameStop,!

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