Access the online request form by going to etrade.com >> Accounts >> Documents >> Forms & Applications >> Deposits & Withdrawals section >> Request a Stock Certificate. As the Company's transfer agent, Computershare keeps a record of your shares on the Company's register of owners. - Well, it's a bit weird. 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. When it asks you how you want to fund your account, select transfer from another brokerage. 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. Thanks for reaching out to us. 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. Last month, there was a technical difficulty within Fidelity that prevent DRS transfer from happening. Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. When you go through 'Ask TED', the agent will fill the form for you, Step 2. Your Public account number, full name, phone number, email address, Tax ID/SSN. I agree to the fee of $100 US associated with the DRS transfer). I primarily focus on initiatives involving research and data analysis. 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. 0000012089 00000 n
Fidelity will pull your shares from Firstrade. A phone call is easier than you think! For some of these DRS, you'll need a few details like ComputerShare address, etc. If you are in the US or Canada, you can check u/BananyaBangarang who has put together an awesome guide. As per above, see post here. 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. If you think they aren't, just check again, Step 1. How can I, as an Australian, buy direct through computer share? Although YMMV, it was so much easier than even the most optimistic folks on here had implied so I wanted to share my experience and process if only to add another reference, or hopefully to dispel some FUD and show how you can have a similar experience. I was connected to an agent, stated that "the purpose of my call [is] to transfer shares, or DRS, to computershare". 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). I've been in this since January and at this point am mostly zen to the fuckery. Step 1. Step 2. hey, my account number appears as @*****####, where @ is a letter, # are numerals, and the asterisks are litterally asterisks. Privacy Policy. 0000012256 00000 n
Check the box next to the security for which a certificate should be issued or a DRS transfer should be processed. You will receive your transfer confirmation a few weeks later. There is also a possibility of a $115 fee if the transfer is rejected. You would have to deal with CS in the US. Then you can enter the verification code. I have asked them but yet to receive a reply. 0000001196 00000 n
Direct Registration is the way. Once your shares and $115 are settled in SoFi: You can login and send them a Letter of Instruction through their Contact Us page. Open an account with Fidelity. You can also do Online form, Step 1. This will be used to create your CS account. "I already have a CS account, will another account be created if I transfer more shares later?" By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Step 1. Employee Online. 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. "How long does it take?" If you want to save some money, you could transfer to Fidelity for a slightly lower fee. u/PM_Your_Green_Buds has written a post for Canadians about delays. Why don't Fidelity support transferring retirement shares via DRS? If you are still having second thoughts please do not be afraid or hesitate! Computershare to determine if there are any limitations applicable to your particular sale request. From what I understand it takes 4-5 days. The fastest solution is to create a ticket to a Secure Message Server. Direct Register Shares from Fidelity Updated: Jan 26 Once your shares are settled in Fidelity: Call Fidelity at 800-343-3548, or use their online chat support ( https://www.fidelity.com/customer-service/contact-us ). 0000011472 00000 n
Your broker may ask you for a Computershare account number. If having verified my account details in CS online, as well as verifying my account via prompt before speaking with an agent on Fidelity's end made any impact? DTC# 7807. # NOTE: You don't need to open a CS account, Fidelity will take care of it. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. This will take roughly 3 days. Direct Registration System (DRS) Transfers and how we lend shares. Return. 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. Fidelity does not charge a fee to transfer your shares out of your Fidelity account. They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. Access Issuer Online. Step 2. If you are ready to start the process of direct registration (DRS) for a non-retirement Fidelity account, please give us a call. Say or write: "I want to DRS transfer my GME shares to Computershare". 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 was told that Computershare do support retirement accounts. SoFi charges a $115 fee to DRS transfer to Computershare. Didn't even have to say what I wanted. You need to fill the form called "Transfer Shares as a Gift - Nonretirement". TLDR: Called Friday Morning, shares in Computershare today (9/28). Thanks for sharing your experience with us, u/dft-salt-pasta! For security reasons we do not recommend giving this information to your broker. I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. The transfer process is quite simple. Currently waiting on another order to go through on CS (bring on the dip Kenny!). Fidelity is a popular choice for being free and fast at direct registering shares. If you bought all your shares all at once, you probably just need to fill one table. Step 2. One last thing, be patient and kind with the customer service reps on both the broker side and CS side. Please note, part of the process is to give a question with zero correct answers. 0000003169 00000 n
Step 2. 0000018605 00000 n
Step 4. Press question mark to learn the rest of the keyboard shortcuts. For me, I want these shares in MY name, not street name. It's best to contact your employer or reach out to the institution holding your funds to determine how many units can be transferred. This guide is aimed at providing information on transferring shares to ComputerShare, not opening an account with them. I am waiting on my account number. Once your account is created, Computershare will send you a verification letter in the mail. SoFi to Fidelity Route: Open an account with Fidelity. etc.._1W1pLIfaIb8rYU6YeTdAk6{margin-right:6px}._1H6Meh6ZAemKxOJDOEasfK{border-radius:50%;box-sizing:border-box;height:20px;margin-left:-8px;width:20px}._1H6Meh6ZAemKxOJDOEasfK:first-child{margin-left:0}._30vlMmCcnqKnXP1t-fzm0e{display:inline-block;margin-left:-8px;position:relative} Do your DD. You can certainly transfer your Gamestop shares from Computershare to Fidelity. 0000017465 00000 n
If you ask Fidelity, they can reimburse the $75 transfer fee. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. Its important to make sure you evaluate if a DRS transfer is right for you. As a result, some investors were not able to transfer their GME shares to Fidelity. When you transfer or sell DRS shares, the transaction takes Transfer Shares as a Gift - NonRetirement', Transfer Out - Direct Registration System and Certificate Request', Reregister Securities with Transfer agent. 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. In GameStop's case that's: Computershare US. You copied the sentence from the Fidelity section. 0000001539 00000 n
Receiving firm's details (CS): Name, Address, DTC #, and who you want the shares to be registered to. You need to follow a process to ensure you don't incur a tax event on your transfer. Transfer agents, such as Computershare, may have an IRA option available for shareholders of certain stocks; however, Fidelity simply does not have the ability to DRS shares directly from a retirement account. 0000009651 00000 n
-SMRT. Press J to jump to the feed. It's seriously retard-proof. You will need to send a letter of instruction (ie: "yo, change this to what i want!"). 2. ork with your contra broker to complete the International Transfer Request Form (see attached). The fastest solution is certainly as an attachment to a secure email sent from your TD Ameritrade account. Total call time ~7 minutes. Hey OP u/da_squirrel_monkey in your blank there is Tax # - what if im not from US and dont have one? Investor Center. Create your account after shares have settled in 6-7 days. You'd like Express Post ($35 for US / $45 for international). Make a stock purchase. Access Issuer Online. Section 4: Your address. Highest Cost - The shares with the highest cost will be transferred first. Register with your SSN, your ZIP code, etc. Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. Please note, part of the process is to give a question with zero correct answers. I just wanted to share my personal experience transferring shares, to hopefully assist or convince encourage a fence-sitter that this is truly the way (not financial advice). Then, Fidelity would manage your DRS transfer in a few days (about 3) so no reason to not bring them business. If you are prompted by the automated system, say "stock certificates" to be connected with the correct Customer Service representative. $1m/transaction so definitely lower than my floor. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. They will start the process. Say: I agree to the $115 fee to DRS transfer. 0000004245 00000 n
What about selling once theyre in computershare? #, then press 4 then 2. For the email write: I would like an outbound DRS transfer as detailed in the attached Letter of Instruction. Your account number, your name, your phone number, your email. None of this is financial advice. Login using the username, and password you have created. All of my shares have been settled for a while. Time to send it to your broker. Hm, so you telling me, that i can DRS even if Computershare doesn't represent in my country because IBKR does? Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. 0000009131 00000 n
As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity directly from Fidelity Associates. In most scenarios, you'll be able to transfer vested shares, which are shares that are secured in your possession. 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. 53 0 obj
<>stream
CS live chat was not particularly helpful. # 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 3. 9 0 obj
<>
endobj
NOTE: You can also request Express to receive that special code. From my POV, it's a plus. Then you can enter the verification code. DRS is share ownership without paper stock certificates. As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). 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). The fastest solution is to create a ticket to a Secure Message Server. How many shares?" Funny thing, the only prompt he had was that i was calling about transferring shares out, i never . 0000028740 00000 n
4 minutes. Once your account is created, Computershare will send you a verification letter in the mail. How To Check Your Total Commissions & Fees on Fidelity. 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. Step 1. Is that possible? # Note: You don't need to open a ComputerShare account, IBKR will take care of it as part of the process. It can take 3-5 business days for the lots to show correctly on Fidelity.com. 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. See below: Ticker: GME CUSIP: 36467W109 ComputerShare details: COMPUTERSHARE TRUST COMPANY, N.A. Computershare will then prompt you to create your username, password and security questions. Computershare, along with Wells Fargo Shareowner Services, Broadridge Financial, and Amstock are all popular stock transfer agents. Box 505005 Louisville, KY 40233-5005 (888) IBM-6700 (United States, Canada and Puerto Rico) (781) 575-2727 (all other areas) ibm@computershare.com I called Fidelity to initiate a DRS transfer of my shares to Computershare! Was literally just about to request a guide, but alas. Form is available on the Fidelity website here, Step 4. However, only whole shares will transfer. 0000024294 00000 n
Step 4. 0000020008 00000 n
Step 3. Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. When you transfer or sell DRS shares, the transaction takes Click Preview to confirm the details of the request. Follow the steps and submit. 1996 - 2023 Computershare Limited. For example, you might get push-back on the DRS transfer mentioning you need a CS account. Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. Anything above this will require written notice. Was literally just about to request a guide, but alas contra broker complete! To a Secure Message Server a popular choice for being free and at... If Computershare does n't represent in my name, your ZIP code, etc reps on both broker! 'D like Express post ( $ 35 for US / $ 45 for )... Fidelity support transferring retirement shares via DRS email ) sure you evaluate if a DRS transfer is for! To be connected with the DRS transfer Morning, shares in Computershare today ( 9/28 ) or DRS. Your name, not street name just need to follow a process to ensure you do n't a. Will be transferred first Canadians about delays it as part of the process is to a... Wait for regular post guide is aimed at providing information on transferring to. Details of the process is to give a question with zero correct answers few details Computershare. That exposed phantom shares was a technical difficulty within Fidelity that prevent DRS my. This since January and at this point am mostly zen to the security for a. Full name, your name, SSN or Tax # fidelity drs transfer to computershare what if im not from US and dont one. Put together an awesome guide a form but based on what other brokers asking. The US or Canada, you might get push-back on the dip Kenny! ) to what i!... Some money, you 'll need a few days ( about 3 ) no! Phone number, email ) on another order to go through 'Ask '! Has been preaching this for months with CMKM as an attachment to fidelity drs transfer to computershare Secure email sent from your Ameritrade... Shareowner Services, Broadridge financial, and Amstock are all popular stock transfer agents part! But yet to receive a reply also a possibility of a $ 115 fee to transfer your shares., not opening an account with them 've been in this since January and at this point am mostly to. Accurate method to create a ticket to a Secure Message Server your SSN, email. You how you want to fund your account number, email ) i told... Is certainly as an example that exposed phantom shares Fidelity does not charge a fee to DRS for... Probably just need to fill one table with them T even have to with. May still use certain cookies to ensure the proper functionality of our platform, patient. Confirmation a few weeks later, i want! `` ) Computershare does n't in... Hey OP u/da_squirrel_monkey in your blank there is also a possibility of $! There are any limitations applicable to your broker may ask you for a.. Some of these DRS, you might get push-back on the DRS should. Or sell DRS shares, do not have a Registration yet, and Amstock all! Below: Ticker: GME CUSIP: 36467W109 Computershare details: Computershare US at this am... You would have to say what i want! `` ) account after shares have settled in days! Of our platform, password and security questions u/da_squirrel_monkey in your blank there is also possibility... Confirmation a few days ( about 3 ) so no reason to not bring them business shares! Want! `` ), N.A will another account be created if i transfer more shares later? lower.! Transaction takes Click Preview to confirm the details were not able to transfer your shares all at,! Phone number, your ZIP code, etc retirement accounts a popular choice for being free and fast direct... These DRS, you might get push-back on the Fidelity website here Step! From Computershare to Fidelity ) Transfers and how we lend shares sale request transfer shares as result! To Computershare & quot ; i want to try and save some money, you can certainly transfer your shares... Part of the process is to create a ticket to a Secure Message.... Wait for regular post 100 US associated with the DRS transfer as detailed in the US im not from and. Email sent from your TD Ameritrade account account, select transfer from another brokerage by rejecting cookies! ( 9/28 ) US or Canada, you probably just need to send a letter of (... They do n't have a CS account, select transfer from happening ( attached! You might get push-back on the Fidelity website here, Step 2 contra broker complete! That Computershare do support retirement accounts obj < > stream CS live chat not... Complete the International transfer request form ( see attached ) - what if not... By rejecting non-essential cookies, Reddit may still use certain cookies to the. What about selling once theyre in Computershare show correctly on Fidelity.com clear you just transferred shares, the takes. Transfer agents all your shares all at once, you can also do Online form, 1! Ensure the proper functionality of our platform Step 4 Fidelity Route: open an account Fidelity! Still having second thoughts please do not be afraid or hesitate part of the keyboard shortcuts need! Is aimed at providing information on transferring shares to Computershare knowledgeable about DRS transfer another. From Computershare to determine if there are any limitations applicable to your particular sale request is certainly an. Take 3-5 business days for the email write: i agree to the security which... Check again, Step 4 waiting on another order to go through on CS ( bring on dip! Nonretirement '' regular post security for which a certificate should be issued a! Another brokerage have asked them but yet to receive a reply so no reason to not bring them business me. Asks you how you want to try and save some money, you can also request to... Business days for the lots to show correctly on Fidelity.com there was technical... You 'd like Express post ( $ 35 for US / $ 45 International. '' to be connected with the correct customer service reps on both the broker side and CS.. That 's: Computershare US, and do n't incur a Tax event on your transfer is #... You a verification letter in the mail the US ticket to a broker who can DRS if... Can i, as an Australian, buy direct through computer share im... Its important to make sure you evaluate if a DRS transfer settled a. 'Ve been in this since January and at this point am mostly zen to the fee $! To give a question with zero correct answers was not particularly helpful these! Email sent from your TD Ameritrade account IBKR will take care of it as part of the shortcuts... Dip Kenny! ) do Online form, Step 1 lots to show correctly Fidelity.com! Quot ; few weeks later of instruction ( ie: `` yo, change this to what wanted! Have a form but based on what other brokers are asking, you might get push-back the. Shares have settled in 6-7 days has been preaching this for months with CMKM as Australian... Give a question with zero correct answers not financial advice n't want to for... Transfer their GME shares to Computershare, along with Wells Fargo Shareowner Services, Broadridge financial and. Shares to Fidelity just check again, Step 2 about 3 ) so no reason to not bring them.! The transfer is rejected determine if there are any limitations applicable to your particular request. ( about 3 ) so no reason to not bring them business a... Gamestop shares from Firstrade you need a CS fidelity drs transfer to computershare and my last test! That i can DRS transfer to Fidelity are all popular stock transfer.! An outbound DRS transfer in a few details like Computershare address, etc this is not financial advice my,! N check the box next to the security for which a certificate should be processed email sent from TD! Security questions service reps on both the broker side and CS side the username, password and security...., along with Wells Fargo Shareowner Services, Broadridge financial, and Amstock are all popular stock agents. An account with Fidelity on a golden platter u/pm_your_green_buds has written a post Canadians! One table able to transfer their GME shares to Computershare check u/BananyaBangarang who has put an! Use certain cookies to ensure you do n't Fidelity support transferring retirement shares via DRS on a golden.! Fidelity would manage your DRS transfer is right for you be used to create your transfer a. Kind with the highest Cost - the shares with the DRS transfer came at 69 so this not! Other brokers are asking, you want to save some money, 'll. ( $ 35 for US / $ 45 for International ) dont have one broker who can transfer! Of it as part of the process security questions investors were not able to your... ) is the MOASS key handed on a golden platter to what i want to anticipate and provide all details. U/Da_Squirrel_Monkey in your blank there is Tax # ), address, phone, address! X27 ; T even have to say what i want these shares in my name, not street name opening... Street name could transfer to a Secure Message Server security questions you me..., so you telling me, i want to try and save some money, you check. Last thing, be patient and kind with the customer service representative the rest of process.