I have issued an updated guide available here (https://www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/) This will help to TRANSFER a portion/all of your GME shares to Computershare. How many shares?" Funny thing, the only prompt he had was that i was calling about transferring shares out, i never . A DRS transfer shouldn't take more than 3-7 days. Step 2. Step 2. Happy to investigate further if any apes want. The date now is Friday, September 24. You can also do Online form, Step 1. htW TnjZ\UIUG5j. Fees at $1,000 make it quite prohibitive to transfer IMO. From here you can follow the Fidelity guide located here. Your shares are held in book-entry form. Once your account is created, Computershare will send you a verification letter in the mail. 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. 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. Questions on transferring IBM stock should be directed to: Computershare Inc. P.O. 0000024294 00000 n Box 505005, Louisville, KY 40233-5005. I did this process and was told by fidelity they require an account number so I have to do it all over again. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. If the shares having been purchased at the earliest several weeks ago made a difference? Computershare is a leader in the financial world, offering items like employee equity plans, stakeholder communications, and diversified financial and economic governance service options. and our 0 I noticed it doesn't work if your postcode as letters in it. Step 2. 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. Step 2. I was looking into how I can drs x amount of shares to CS? Call the CS US number on +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop. 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. Indicate the number of shares for which certificates should be issued or a DRS transfer should be processed. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Thanks for sharing your experience with us, u/dft-salt-pasta! Login using the username, and password you have created. I was instantly allowed access to my account (no waiting in the mail as I've seen reported here.) When my plan plays out I fully intend to put money back in fidelity for my investments. 1996 - 2023 Computershare Limited. # 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. Now that the issue has been resolved, you can go ahead and submit your DRS request. Login to your account and head to Help and Settings >> Forms and Applications >> Search for 'Outgoing partial transfer' and click 'e-sign'. For me, I want these shares in MY name, not street name. You need to fill the form called "Non-ACAT Transfer Out of Commsec". Step 4. Its a pretty quick and easy phone call and I think the quickest to get it done out of all brokers. None of this is financial advice. 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. 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. You've got this! If you want to save some money, you could transfer to Fidelity for a slightly lower fee. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. Form is available on the Fidelity website here, Step 4. Once that's done, CS will ask for a special token code (kinda 2FA)and that code is sent by snail mail. 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 you can enter the verification code. Step 5. Login using the username, and password you have created. BOX 505000 LOUISVILLE, KY 40233-5000 COMPUTERSHARE'S DTC NUMBER: 7807 ----------------- Fidelity (US) "What happens to my shares once they are 'transferred' to CS?" There is also a possibility of a $115 fee if the transfer is rejected. Why don't Fidelity support transferring retirement shares via DRS? You can also use the Chat function. 0000022736 00000 n A statement accepting the $115 fee associated with this transaction. 0000023128 00000 n As a result, a second account may be created for you. startxref All of my shares have been settled for a while. If you don't have a CS account, that's ok, they should be able to proceed. I've also uploaded a filled template on imgur to help apes fill it correctly. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. 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). Fidelity is a popular choice for being free . Things you need to know and/or might need. # PROCESS COMPLEXITY : (Phone) / (Form/Secured online message), # METHOD: Phone or Form/Secured online message, Step 1. 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? Step 2. - Once again, you have to be clear about your investment strategy. # NOTE: You don't need to open a CS account, TDA will take care of it. However, only whole shares will transfer. Step 2. This will be used to create your CS account. I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. Step 4. etc). They have a form allowing to do a Transfer out for DRS. The process was so completely easy from start to finish. 1. The stock (GameStop), its ticker (GME) , and its CUSIP (36467W109). Thanks op. When you receive the verification code letter: If you have any corrections, or know of any other brokers, please let us know through the. Cookie Notice Employee Online. $1m/transaction so definitely lower than my floor. At that point, they should be able to pull the right form and help you out. When you transfer or sell DRS shares, the transaction takes YOU CAN ALSO USE NAASA FOR ASSISTANCE. The transfer process is quite simple. Direct Registration is the way. Not sure if there could be an easier way in the future. It's worth checking if you can't find your broker in Part 1, Part 2, Part 3 or 4. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). If you are not planning on selling these, why do you care if they are in transit? . Fidelity have been known to reimburse up to $75 if asked. They will start the process. So read the questions carefully. I can't find it anymore, so go figure. I have asked them but yet to receive a reply. 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. It takes a tiny bit more wrinkles but it's doable. In my case, it took 3 days. Manage your share portfolio, update your details, access tax forms, view balances and more. Computershare to determine if there are any limitations applicable to your particular sale request. The end result though is a transfer from Friday morning to Tuesday morning. My only complaint is the turn around time of 7-10 days(sad face) because so many APES are doing the same thing(happy face)! 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. I agree to the fee of $100 US associated with the DRS transfer). 1996 - 2023 Computershare Limited. DRS is share ownership without paper stock certificates. Make sure you follow up with them. In GameStop's case that's: Computershare US. Click here to learn more about making the switch to DRS and how this solution can help your company. The world's leadi ng organizations work with us to maximize their relationships with investors, employees . You'll then get a verification link to your email. You will receive your transfer confirmation a few weeks later. I called Fidelity to initiate a DRS transfer of my shares to Computershare! 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. From what I understand it takes 4-5 days. We will walk you through the process one step at a time. For now, I'm waiting for more verifications. Download and fill the Letter of Authorization form from their site. 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. #, then press 4 then 2. They should have a secured message center. If you ask Fidelity, they can reimburse the $75 transfer fee. 0000022384 00000 n Hi u/ksknksk, and welcome to r/fidelityinvestments. 0000026132 00000 n DRS is share ownership without paper stock certificates. It can take 3-5 business days for the lots to show correctly on Fidelity.com. 0000020008 00000 n Fidelity will pull your shares from Public. 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. Although we cant help here with specific account service issues, we can help troubleshoot and point you in the right direction. You can follow up with the chat function a few days later. Step 3. Your broker may ask you for a Computershare account number. For the subject line write: Outbound DRS Transfer Request (Avenue account number). KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). Follow the steps and submit. Hope this clears things up! I primarily focus on initiatives involving research and data analysis. Access the online request form by going to etrade.com >> Accounts >> Documents >> Forms & Applications >> Deposits & Withdrawals section >> Request a Stock Certificate. If you are in the US, you can follow this kick-ass guide from u/BananyaBangarang. Create an account to follow your favorite communities and start taking part in conversations. Fidelity have been known to reimburse up to $75 if asked. Opinions and memes welcome. Once scanned, send it via the secure message center in the Fidelity interface (when logged in). Step 1. As a result, some investors were not able to transfer their GME shares to Fidelity. P.O. - Well, it's a bit weird. Create your account after shares have settled in 6-7 days. 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. As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). Part 2 will focus on BMO, Disnat, Questrade, RBC Direct Investing, Scotia iTrade, SoFi, Tastyworks, TD Canada, TIAA, Tradezero. 2. ork with your contra broker to complete the International Transfer Request Form (see attached). The stock you want to transfer along with CUSIP and quantity. Edit: I'm putting a strikethrough this Avanza process as it's been outlined that Avanza is now claiming they can't do a transfer unless a CS account is open. I've made a blank template you can use here you can use as an attachment. "What happens once the transfer has gone through with my broker?" If you are in the US or Canada, you can check u/BananyaBangarang who has put together an awesome guide. 0000027453 00000 n You can also mail or fax it (details on the form). Step 1. From here you can follow the Fidelity guide located. 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. I'm Diego, 38, and I currently reside in New York. If so - c'est manifique! # Note: You don't need to open a ComputerShare account, IBKR will take care of it as part of the process. Step 3. You might want to follow-up with them a day or so after to make sure it's received and processed. Select an account from the drop-down menu. Step 2. TLDR: This is an update done on 14 Sept 2021. 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. You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online. You'll need your Fidelity Account #, Computershare's details (Address and DTC #, see above), Gamestop ticker (GME) and CUSIP 36467W109 plus some personal information. Buckle up. You need to fill the form called "Transfer Shares as a Gift - Nonretirement". 0000009651 00000 n 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. Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. Say: I want an outbound DRS transfer of my GME shares to Computershare. From start to finish it took two days to get mine transferred. They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. New technologies have increased the accuracy and efficiency of transactions. There is also a possibility of a $115 fee if the transfer is rejected. The wizard validates the information as you go through the process to ensure all key elements are entered. How do I view the full number? We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. Didn't even have to say what I wanted. Step 1. Investor Center. You can certainly transfer your Gamestop shares from Computershare to Fidelity. Thought I'd make some bad charts for you visual apes to show what happens when shares are direct registered. Register with your SSN, your ZIP code, etc. They are the designated transfer agent for 37.4% of the market. Said they've had several thousand individuals make this request. If you are ready to start the process of direct registration (DRS) for a non-retirement Fidelity account, please give us a call. Call 1-800-387-2331. Took 3-4 business days for the order to process and roughly a week in total time for the shares to be settled. Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. Manage your employee portfolio, access tools and support features Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. DRSGME does not give financial advice. Say: I agree to the $115 fee to DRS transfer. 0000023312 00000 n The broker and Computershare will take care of the transfer and open a Computershare account for you. -SMRT. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. Look Smart $$$, I diversified like you wanted! Section 4: Your address. You contact Commsec for that form or download it using the link below. If you bought all your shares all at once, you probably just need to fill one table. Please note, part of the process is to give a question with zero correct answers. As the Company's transfer agent, Computershare keeps a record of your shares on the Company's register of owners. trailer Both transfers were great customer service and they have a happy customer. NOTE: You can also request Express to receive that special code. Call the following number 800-392-5749 and ask to initiate a Direct Registration of Shares Transfer to Computershare. Total call time ~7 minutes. Send an email with the following details asking for an outbound - DRS Transfer. All rights reserved. 0000027702 00000 n Receiving firm's details (CS): Name, Address, DTC #, and who you want the shares to be registered to. Computershare, along with Wells Fargo Shareowner Services, Broadridge Financial, and Amstock are all popular stock transfer agents. From u/Doom_Douche / SuperStonk Post: When you wish upon a star - a complete guide to Computershare. Step 1. Create an account to follow your favorite communities and start taking part in conversations. This is NOT a broker-to-broker transfer, this is a transfer to an official registrar, a transfer agent to get shares in your name. Return. 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. You would have to deal with CS in the US. Hope this clears things up! Okay, so I put in a buy order on CS. Home Support Articles How to DRS Your GME Stock Share to Fidelity. The transfer process is quite simple. This is a repost of my initial DRS series. I've been in this since January and at this point am mostly zen to the fuckery. 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). Step 1. 0000025552 00000 n I want to do a Direct Registration System (DRS) of $GME stock to Fidelity. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. What about selling once theyre in computershare? For some of these DRS, you'll need a few details like ComputerShare address, etc. 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). Fidelity is a popular choice for being free and fast at direct . 0000011472 00000 n hi, my shares got transferred as i understood, but how you got Computershare account? 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. 0000009131 00000 n I have a fidelity cash brokerage account. This can be handwritten or typed, but it must be signed with wet ink. When it asks you how you want to fund your account, select transfer from another brokerage. Open an account with Fidelity. Box 505005, Louisville, KY 40233-5005. Issuer Online. # Important: You need to have the $50 available on your account for the fees. Send them an email along with the attachment. Welcome to Transfer Wizard Home With the Computershare Transfer Wizard, transferring your shares is easy. When you go through 'Ask TED', the agent will fill the form for you, Step 2. A guide to TRANSFER a portion/all of your GME shares to Computershare (referenced as CS in this post). ComputerShare is not some shady company. Individuals. Step 1. Head to Secure Mail to return the form. Question with zero correct answers s leadi ng organizations work with US to maximize their relationships with investors employees... Sell DRS shares, do not have a happy customer: I agree to the fuckery the line! Amount of shares to CS ( name, SSN or tax #,... When logged in ) number so I put in a buy order on CS transfer out for DRS fee... To receive that special code about your investment strategy to try and save some money you... Care if they are the designated transfer agent for 37.4 % of the transfer has gone through with broker... Along with Wells Fargo Shareowner Services, Broadridge financial, and password you created... Your your shares is easy process to ensure all key elements are.! Asking for an outbound - DRS transfer of my shares have settled in Public, probably., view balances and more being free and fast at direct 3-5 business days for the order to process roughly. Onboarding line on 1-855-730-0325 as they are in the Fidelity guide located here )... Louisville, KY 40233-5005 ng organizations work with US, u/dft-salt-pasta fee if the transfer,. Majority of international apes, it is not financial advice the stock ( $ GME ), and Amstock all... You bought all your shares from Public made a difference on +1 877-373-6374 and press 99. Need to fill one table several weeks ago made a blank template you can use here can... They are in the US or Canada, you can verify your identity immediately Online Avenue account number to... N DRS is share ownership without paper stock certificates with zero correct answers an. For breakfast and my last IQ test came at 69 so this is a transfer out of all brokers take! N a statement accepting the $ 75 if asked referenced as CS this! Ca n't find your broker may ask you for a slightly lower fee may be created for.. This solution can help troubleshoot and point you in the US Hi, shares... Had several thousand individuals make this request 38, and Amstock are all popular stock transfer agents and its (! Direct Registration System ( DRS ) of $ 100 are settled in days! Made a blank template you can check u/BananyaBangarang who has put together an awesome guide Onboarding on! To fill the form ) from Computershare to fidelity drs transfer to computershare do you care if they are more knowledgeable about DRS.... If they are in the future and they have a form allowing to do a transfer out DRS! Wizard home with the Computershare transfer Wizard, transferring your shares from Public issues we... The Wizard validates the information as you go through 'Ask TED ', the transaction takes you can this. Your your shares all at once, you can follow the Fidelity website here Step! Point am mostly zen to the fee of $ 100 are settled in 6-7.! Morning to Tuesday morning point am mostly zen to the fuckery yet to a... Submit your DRS request stock you want to do a transfer from Friday to! Are in fidelity drs transfer to computershare who use the transfer and open a Computershare account number ) over.! Cmkm as an attachment tldr: this will take care of it as part of the process no in., view balances and more like you wanted pull your shares all at,! Startxref all of my initial DRS series form and help you out the Fidelity here..., I diversified like you wanted with US, u/dft-salt-pasta okay, so put. I currently reside in New York details on the form called `` transfer shares as a result, second... Your DRS request communities and start taking part in conversations choice for being free and fast at direct attached.... Of transactions 800-392-5749 and ask to initiate a direct Registration System ( DRS ) of $ US! Service and they have a form allowing to do a direct Registration System ( DRS of! Shares have been known to reimburse up to $ 75 transfer fee note, 3! Be clear about your investment strategy and was told by Fidelity they require an account with CS directly: agree... Avenue account number, we can help troubleshoot and point you in right... The letter of Authorization form from their site did this process and told... Work if your postcode as letters in it - a complete guide to transfer Wizard, your... And roughly a week in total time for the majority of international apes, it is not possible to a... Will send you a verification link to your email open an account with CS the. Just need to open a Computershare account for the majority of international apes, it is not financial advice fee! Will be used to create your account for the verification letter in the US, u/dft-salt-pasta allowed access to account! On initiatives involving research and data analysis outbound DRS transfer CMKM as an attachment to. Reddit and its partners use cookies and similar technologies to provide you with better! A result, a second account may be created for you visual apes to correctly. To give a question with zero correct answers with wet ink or typed, but it 's worth checking you... Transferred shares, do not have a CS account my plan plays out fully! At a time reddit and its partners use cookies and similar technologies to provide with... Process to ensure all key elements are entered them a letter of Authorization form their. Result though is a transfer out for DRS your experience with US, you want to fund your,. Open an account with CS directly with specific account service issues, we help. If your postcode as letters in it into how I can DRS.! Think the quickest to get mine transferred its partners use cookies and similar technologies provide! Thanks for sharing your experience with US to maximize their relationships with investors,.! Pretty quick and easy phone call and I currently reside in New York took two days get! Shares for which certificates should be able to proceed a reply transfer out Commsec! These shares in my name, not street name for the shares having been purchased at earliest. Need to have their request rejected for missing information worth checking if you n't! Post ), and password you have to do a direct Registration of shares transfer to Computershare referenced. Since January and at this point am mostly zen to the fee of $ GME ), and password have... Make this request 50 available on your account for fidelity drs transfer to computershare subject line write: outbound DRS transfer ) transfer.! Transfer your GameStop shares from Public n you can also do Online form Step. Charts for you, Step 4 from another brokerage to r/fidelityinvestments result, some investors were able. Pull the right form and help you out from u/Doom_Douche / SuperStonk post when! Service and they have a form allowing to do it all over again in Fidelity for my investments account TDA... Once your account for the fees number of shares transfer to Computershare Onboarding line on 1-855-730-0325 as are... To receive a reply, that 's: Computershare Inc. P.O all key elements are entered 99. As CS in the US or Canada, you 'll then get a verification letter in right... The transfer and open a Computershare account number the form called `` transfer shares as a,., Step 1. htW TnjZ\UIUG5j your ZIP code, etc, etc it you. Can verify your identity immediately Online t has been preaching this for months with CMKM as an that. To create your account is created, Computershare will take you to one of our external sites Manage... - specifically GameStop stock ( GameStop ), and do n't fidelity drs transfer to computershare transferring. Business and stocks - specifically GameStop stock ( GameStop ), and password you have created place for theoretical about! Account is created, Computershare will send you a verification link to your particular sale request the process I the. 'Ve been in this since January and at this point am mostly zen to the fee of $ are! Or 0 ) twice then state it 's received and processed here with account. And stocks - specifically GameStop stock ( GameStop ), and do n't Fidelity support transferring retirement via... Put money back in Fidelity for my investments based on what other brokers are asking, you can transfer..., you can send them a day or so after to make sure it 's doable will pull shares! If asked NAASA for ASSISTANCE to one of our external sites, Manage your share,... Now that the issue has been resolved, you can follow up with the details. Be directed to: Computershare US start taking part in conversations 's worth checking if you n't... Did this process and roughly a week in total time for the fees tax forms view. Wizard, transferring your shares and $ 100 US associated with this transaction transfer agents, send it via secure. Of Commsec '' should be able to transfer IMO my initial DRS series,. Shares as a result, some investors were not able to proceed broker? transferring stock! ( details on the Fidelity interface ( when logged in ) 's: Computershare Inc..! Zip code, etc stock share to Fidelity Tuesday morning I wanted stock share Fidelity... Stock share to Fidelity what I wanted or fax it ( details on form! Financial advice not able to proceed and roughly a week in total for! When my plan plays out I fully intend to put money back in Fidelity for investments!