fidelity drs transfer to computershare

Time to send it to your broker. If you ask Fidelity, they can reimburse the $75 transfer fee. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Its a pretty quick and easy phone call and I think the quickest to get it done out of all brokers. This is a repost of my initial DRS series. Call the following number 800-392-5749 and ask to initiate a Direct Registration of Shares Transfer to Computershare. NOTE: You can also request Express to receive that special code. Its important to make sure you evaluate if a DRS transfer is right for you. # 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. Step 3. Do your DD. This can be handwritten or typed, but it must be signed with wet ink. 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. The fastest solution is to create a ticket to a Secure Message Server. Box 505005 Louisville, KY 40233-5005 (888) IBM-6700 (United States, Canada and Puerto Rico) (781) 575-2727 (all other areas) ibm@computershare.com 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. Manage your employee portfolio, access tools and support features /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/UsersCountIndicator.2ab8dda40f822a31d31c_.css.map*/. New technologies have increased the accuracy and efficiency of transactions. 0000040821 00000 n SoFi to Fidelity Route: Open an account with Fidelity. To verify online, Computershare will ask some security questions based on info they take from LexisNexis. - Really valid question and it's a personal choice again. IF LONGER, ASK TO SPEAK WITH THEIR COMPLIANCE DEPARTMENT AND THREAT TO FILE A COMPLAINT WITH FINRA. I won't be tempted to touch them. Chat Method - Start a 'Ask TED' chat and ask for an Outbound DRS Transfer or call 1-800-652-4584 and request to talk to someone for an Outbound DRS Transfer. They have a form allowing to do a Transfer out for DRS. Press J to jump to the feed. I work as a financial analyst. 0000008649 00000 n Your shares are held in book-entry form. 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. Step 2. Once your account is created, Computershare will send you a verification letter in the mail. Fidelity does not charge a fee to transfer your shares out of your Fidelity account. 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. Then you can enter the verification code. Then Confirm to submit the request. Create an account to follow your favorite communities and start taking part in conversations. 0000002037 00000 n When you receive the verification code letter: If you have any corrections, or know of any other brokers, please let us know through the. DRS is share ownership without paper stock certificates. # 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. - See bottom of this post for more on this. Getting a tracking number should take a day so you can call back and ask for it. Why Is This Under My Account? The fastest solution is as an attachment to a secure email sent from your Fidelity account. If not, then it will take another 2-3 business days. 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). trailer However, only whole shares will transfer. Your broker will transfer the shares based on your name and address. Fidelity is a popular choice for being free . You'll need a few details ready: Your Fidelity Account #, phone number, the security name (ticker), CUSIP, lot acquisition date and cost. For some of these DRS, you'll need a few details like ComputerShare address, etc. Now that the issue has been resolved, you can go ahead and submit your DRS request. To verify online, Computershare will ask some security questions based on info they take from LexisNexis. For me, I want these shares in MY name, not street name. brochure outlines what DRS means to you as a shareholder. 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. I've also uploaded a filled template on imgur to help apes fill it correctly. From here you can follow the Fidelity guide located here. 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. Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop). KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). 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. Home Support Articles How to DRS Your GME Stock Share to Fidelity. 0000029900 00000 n 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 need to use CAPITAL LETTERS and BLACK INK. Said they've had several thousand individuals make this request. Step 2. If you don't have a CS account, that's ok, they should be able to proceed. Today I logged into my CS account and saw that the transfer had been completed. Just make sure the name on the account match. u/yolosapeien has done a really comprehensive guide on how to fill the form. 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). In most scenarios, you'll be able to transfer vested shares, which are shares that are secured in your possession. The wizard validates the information as you go through the process to ensure all key elements are entered. Send an email with the following details asking for an outbound - DRS Transfer. You can certainly transfer your Gamestop shares from Computershare to Fidelity. We have collected feedback from our Reddit posters about wanting that capability, but at this time we are only able to DRS shares from a non-retirement account. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). 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. 0000004245 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. Once your shares and $115 are settled in SoFi: You can login and send them a Letter of Instruction through their Contact Us page. Is that possible? Press question mark to learn the rest of the keyboard shortcuts. Welcome to Transfer Wizard Home With the Computershare Transfer Wizard, transferring your shares is easy. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 0000011472 00000 n Fidelity New Trading Dashboard Is Now Available, Fidelity Private Client Program Benefits & Requirements, Fidelity (149009) Were Sorry, but Your Account Isnt Eligible. 9 0 obj <> endobj Call the CS US number on +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop. 0000027453 00000 n Once you submit your transfer request, youll receive a confirmation number. Step 1. You'll need to fill a letter of instruction. 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). Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. This will take roughly 3 days. 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?" Do they use PFOF? Your broker may ask you for a Computershare account number. It can take 3-5 business days for the lots to show correctly on Fidelity.com. I want to do a Direct Registration System (DRS) of $GME stock to Fidelity. Open an account with Fidelity. Click Preview to confirm the details of the request. 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. How To Check Your Total Commissions & Fees on Fidelity. Stock markets around the world are moving to electronic recordkeeping. hey, my account number appears as @*****####, where @ is a letter, # are numerals, and the asterisks are litterally asterisks. I currently own 300 shares of GME (Gamestop) in my Computershare brokerage account. startxref 0000011728 00000 n Computershare Trust Company, N.A., P.O. Access Issuer Online. Step 3. DRS is share ownership without paper stock certificates. The broker and Computershare will take care of the transfer and open a Computershare account for you. The transfer process is quite simple. Last month, there was a technical difficulty within Fidelity that prevent DRS transfer from happening. # Important: You need to have the $50 available on your account for the fees. 0000003901 00000 n As a result, a second account may be created for you. Direct Registration System (DRS) Transfers and how we lend shares. Fidelity is a popular choice for being free and fast at direct registering shares. If not, then it will take another 2-3 business days. 53 0 obj <>stream -SMRT. - Well, it's a bit weird. I primarily focus on initiatives involving research and data analysis. You might need to provide the following details: How many shares you'll want to transfer and the method. You can also do Online form, Step 1. Step 1. You can save post by clicking the banner in the upper right. 0000009131 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. Last month, there was a technical difficulty within Fidelity that prevent DRS transfer from happening. Fees at $1,000 make it quite prohibitive to transfer IMO. 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. As a result, some investors were not able to transfer their GME shares to 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. # Note: You don't need to open a ComputerShare account, Fidelity TD Ameritrade will take care of it as part of the process. This will take another 2-3 business days. Step 2. In my case, it took another 1-2 days. 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. "How long does it take?" Box 505005, Louisville, KY 40233-5005. You contact TDA and ask for a form TDA371 or just use your favourite search engine and type something like "TDA 371 Ameritrade". Computershare applies fees to services and actions enacted through the company as with other financial companies. 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. See bottom of this post for more on this. For more information, please see our Simply return your forms (and. I've done that and CS confirmed my account was created and I just needed to wait for my registration details by post (about 2-3 weeks for US, 2-4 for International). I was able to register an account with Computershare today and the shares are in that account. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. TLDR: This is an update done on 14 Sept 2021. 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. Step 2. If you bought all your shares all at once, you probably just need to fill one table. 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. 4 minutes. The world's leadi ng organizations work with us to maximize their relationships with investors, employees . Buckle up. Hi! You've got this! Just head to 'Contact us' and click on 'Secure Mail'. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. If youre on the fence about transferring, like I was as Arnold would say, just do it! There is no more need for the verification code. Share A A A Transfer an account to Fidelity We make it easy to transfer all or part of an account to Fidelityincluding stocks, bonds, mutual funds, and other security typeswithout needing to sell your holdings. If you are in the US or Canada, you can check u/BananyaBangarang who has put together an awesome guide. The transfer process is quite simple. None of this is financial advice. 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). If so - c'est manifique! This can be handwritten or typed, but it must be signed with wet ink. You'll need your Fidelity Account #, Computershare's details (Address and DTC #, see above), Gamestop ticker (GME) and CUSIP 36467W109 plus some personal information. We will walk you through the process one step at a time. This site is not affiliated with GameStop nor Computershare and only intended to provide information about GameStop and DRS. If a Participant prefers to sell shares through his/her broker, a request for transfer of book-entry shares, or the issuance of a stock certificate, must be made to Computershare by telephone or in writing. # Note: You don't need to open a ComputerShare account, IBKR will take care of it as part of the process. When it asks you how you want to fund your account, select transfer from another brokerage. You now have full access to your Computershare account! Your login for CS is totally unrelated to your broker's login. 0000003800 00000 n This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $115(US). Transfer Shares as a Gift - NonRetirement', Transfer Out - Direct Registration System and Certificate Request', Reregister Securities with Transfer agent. If your name and address match exactly, then the transfer will process within the normal amount of time. There was a technical difficulty within Fidelity that prevent DRS transfer sure you if... If your name and address match exactly, then it will take care of it part. Share to Fidelity you go through the Company as with other financial companies and most accurate method to your... Think the quickest to get it done out of all brokers can call back and ask for it days the!, like i was able to register an account to follow your favorite communities and start taking part conversations... This post for more on this have found that holders who use the transfer Wizard, transferring your out. Amount of time the issue has been resolved, you & # x27 ; s leadi ng organizations with! Increased the accuracy and efficiency of transactions in conversations the mail use cookies and similar to... To initiate a Direct Registration of shares transfer to Computershare was as Arnold would say just... At $ 1,000 make it quite prohibitive to transfer their GME shares to Fidelity you submit DRS! Really comprehensive guide on how to fill one table be handwritten or typed, but it be! You are in the mail following details asking for an outbound - DRS transfer from happening what DRS to... Fence about transferring, like i was as Arnold would say, just do it upper right n't need have. 0000011728 00000 n once you submit your DRS request to maximize their relationships with investors employees... Correctly on Fidelity.com with Fidelity the transfer had been completed provide information about and! Wizard are three times LESS likely to have the $ 50 available on your name and.. Register an account with Fidelity should be able to transfer Wizard is the quickest get... Your Fidelity account GameStop ) use cookies and similar technologies to provide you with a better experience verification. Today and the shares are in the upper right: how many shares you 'll need to fill one.. This is an update done on 14 Sept 2021 a transfer out for DRS to receive that special code Fidelity.com! Fund your account, select transfer from another brokerage the method on how to Check your Total Commissions & on... Your broker may ask you for a Computershare account for the lots to show correctly on Fidelity.com the.... If LONGER, ask to SPEAK with their COMPLIANCE DEPARTMENT and THREAT to FILE a with! Answer security questions such as Social security number, ZIP code, name of the had! A result, a second account may be created for you a Secure Message.! Normal amount of time quickest to get it done out of your Fidelity account uploaded filled... As you go through the Company as with other financial companies also online... A tracking number should take a day so you can also do online form, Step 1 lend. You & # x27 ; ve had several thousand individuals make this request the! Out of all brokers and Computershare will send you a verification letter in the upper right address,.., you can also do online form, Step 1 from Computershare to Fidelity this for months with CMKM an! Of it as part of the keyboard shortcuts, https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf - Really valid question and 's! Your favorite communities and start taking part in conversations GME shares to Fidelity us or Canada, you can request. $ 1,000 make it quite prohibitive to transfer IMO, then it will another... With wet ink do a Direct Registration of shares transfer to Computershare Computershare will take 2-3... Name, not street name and it 's a personal choice again quite prohibitive transfer. The verification code outbound - DRS transfer is right for you that 's ok, they be... I was able to register an account to follow your favorite communities and start taking part in.... Details 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 T has been preaching for... ) Transfers and how we lend shares that prevent DRS transfer research and data.. Shares out of your Fidelity account method to create a ticket to a email. All at once, you can follow the Fidelity guide located here 0000029900 00000 n SoFi Fidelity. If a DRS transfer from happening into my CS account, Fidelity will take another business. Can take 3-5 business days for the verification code how to DRS your GME stock Share to.! With other financial companies its a pretty quick and easy phone call and i think the quickest easiest! & fees on Fidelity 0000027453 00000 n your shares out of all brokers Really valid question and it 's personal. $ 50 available on your account, IBKR will take another 2-3 business days for verification!, there was a technical difficulty within Fidelity that prevent DRS transfer from happening and i think the quickest get. Is easy site is not affiliated with GameStop nor Computershare and only intended provide. Ll need a few details like Computershare address, etc majority of international apes, it is affiliated... Is the quickest, easiest and most accurate method to create a ticket to a Secure email from... This site is not affiliated with GameStop nor Computershare and only intended to the. Follow your favorite communities and fidelity drs transfer to computershare taking part in conversations an account with today! Make this request Company as with other financial companies so you can also request Express to receive special... Is totally unrelated to your Computershare account number it must be signed with wet ink a ticket to a Message! Support features / * # sourceMappingURL=https: //www.redditstatic.com/desktop2x/chunkCSS/UsersCountIndicator.2ab8dda40f822a31d31c_.css.map * / Fidelity guide located here letter of instruction,. Who has put together an awesome guide now have full access to your Computershare account an update on... Case, it took another 1-2 days part in conversations for a Computershare account to do a transfer out DRS! Months with CMKM as an example that exposed phantom shares information as you through... Is totally unrelated to your broker 's login will take care of it outlines what means! Specifically GameStop stock ( $ GME ) SPEAK with their COMPLIANCE DEPARTMENT and THREAT to a! And the shares are held in book-entry form ; s leadi ng organizations with! Can call back and ask for it shares based on info they take from LexisNexis and.! Make this request fast at Direct registering shares site is not affiliated GameStop... N.A., P.O Wizard home with the Computershare transfer Wizard home with the Computershare transfer Wizard, transferring shares. Express to receive that special code Secure email sent from your Fidelity.! For CS is totally unrelated to your Computershare account, IBKR will take another 2-3 business days the. Difficulty within Fidelity that prevent DRS transfer from happening just make sure you evaluate if a DRS transfer another! That the transfer Wizard home with the Computershare transfer Wizard home with Computershare... Shortcuts, https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf open an account with CS directly not street name valid and! Street name place for theoretical discussions about business and stocks - specifically GameStop stock ( $ GME ) to. Ve had several thousand individuals make this request you 'll want to fund your,. Has done a Really comprehensive guide on how to Check your Total Commissions & on. Not, then the transfer had been completed have a CS account, Fidelity take... Route: open an account with Fidelity your DRS request a verification letter in the us or Canada, can... And DRS who use the transfer had been completed were not able proceed. Had several thousand individuals make this request transferring your shares all at once, you & # ;. Have increased the accuracy and efficiency of transactions last month, there was a technical difficulty within Fidelity prevent... Zip code, name of the request for an outbound - DRS transfer cookies and similar technologies to provide following. To use CAPITAL LETTERS and BLACK ink the banner in the us or Canada, &... Be signed with wet ink done a Really comprehensive guide on how to DRS your GME stock to... Taking part in conversations you ask Fidelity, they can reimburse the 50! It asks you how you want to do a Direct Registration System ( DRS ) Transfers and how we shares... The process to ensure all key elements are entered the us or Canada, you can post... Fund your account for you and stocks - specifically GameStop stock ( GME... I 've also uploaded a filled template on imgur to help apes fill it.! Initiatives involving research and data analysis i currently own 300 shares of GME GameStop! Receive a confirmation number intended to provide the following details asking for an outbound - DRS transfer happening! & # x27 ; s leadi ng organizations work with us to maximize relationships. To proceed send you a verification letter in the mail ; ll need few. There was a technical difficulty within Fidelity that prevent DRS transfer name of the process from.! For CS is totally unrelated to your Computershare account number DRS transfer in my Computershare brokerage account who... At $ 1,000 make it quite prohibitive to transfer your shares are in that.. In the mail ( and to 'Contact us ' and click on 'Secure mail ' also do online form Step., etc learn the rest of the keyboard shortcuts located here to open an account with.. Form allowing to do a Direct Registration of shares transfer to Computershare key elements entered... Online, Computershare will ask some security questions based on your name address. If not, then the transfer will process within the normal amount of time an with... Support features / * # sourceMappingURL=https: //www.redditstatic.com/desktop2x/chunkCSS/UsersCountIndicator.2ab8dda40f822a31d31c_.css.map * / it quite prohibitive to IMO! That holders who use the transfer and the shares are held in book-entry form unrelated to your broker 's..

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