This permits you to make regular investments, if you choose, in an amount and schedule that are comfortable for you, without the inconvenience of writing and mailing checks. It also issues account statements. To request a certificate withdrawal, simply contact Computershare (seecontact information). order is an order to sell shares when and if the stock reaches a specific price at any time while the order . You can also invest in Vanguard funds outside of Vanguard. They are generally very inefficient and unresponsive. Computershare is awful. Both firms charge additional fees for direct purchase plans.. "Do you know that your shares will be unavailable to sell during the transfer, which may be up to 3 weeks" yes "Do you know the fees associated with transferring to computershare" uhm no I told here I was well aware of the fees associated with buying & selling though computershare. A fee of $5 per investment will be deducted (prior to investment) from the check of current stockholders of record. If you would like to sell shares you already hold, you can use Investor Trade, Computershare's online share sale facility for issuer sponsored securityholdings. Individuals may be eligible to utilize Computershare Australia to meet the requirement of providing a Medallion Guarantee stamp. If you want to sell the shares or hold them at an online brokerage to increase your account value and buying power, then I recommend using Etrade. The . Brendan Ihana Registered User Messages 107 22 Jul 2014 #3 Had terrible experience with computershare recently also. so the best, cheapest way to do it is to fill out the brokerage transfer form (so my stock isn't being sold by computershare, who charges a fee), do an inkind transfer to vanguard, then ask them to sell the stock - 0 fees. BTW some of the share certs are old and don't match the holding. endstream endobj 15 0 obj <> endobj 16 0 obj <> endobj 17 0 obj <>stream 2007-05-10T09:08:42-05:00 462 South 4th Street, Suite 1600 %PDF-1.6 % Finally, this website is not intended to provide you with any financial advice, nor does it constitute a formal legal prospectus relating to our common stock. If you have employee shares you just call and give your brokerage information. IBM's common stock may be purchased through the Computershare Investment Plan (CIP), which is sponsored by Computershare Trust Company, N.A. endstream endobj 323 0 obj <>stream 3 yr. ago. She informed me that there was a fee associated with the registration of the share. 0000001861 00000 n 0000012810 00000 n Takes about a week for the shares to arrive. Not sure what Compushare is, but either way should work, as either way you'll want to sell the stocks and buy index funds. Following is a link to a searchable database: Transaction fees of around $15 plus $0.12 per share when you sell shares; Some companies don't charge fees for Contact the bank, credit union, broker, or other financial firm that you have an account with and inquire if they participate in the Medallion Signature Guarantee program. Acrobat Distiller 8.0.0 (Windows) If you have employee shares you just call and give your brokerage information. edit - i found answer and will post it here: just found out basically computershare will charge me to liquidate at .07 a share + $11 or $20 fee - vanguard will do it for free. 1 844 782 6763, Online at: All rights reserved. Instead, ComputerShare is a stock transfer agent. However, shareholders are charged when withdrawing funds. All stockholders can use the custodial service, regardless of whether or not they use any of the other optional services offered through the CIP (sales, purchases, etc). If you own your shares through a bank or brokerage firm, you should contact that firm. To say they were icompetent would be complimentary. In addition, the deposited shares have all the benefits of investment plan shares. 0000002608 00000 n To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. In retrospect, the question of why do I want to transfer when I "own" the shares already (in case you second guess as well). Got an immediate response by email and a promise that the money was on its way. Louisville, KY 40202. eSignature Guarantee offers an online service for stockholders to obtain a Medallion Signature Guarantee. Eligibility requirements are: If the submitter opts for the Medallion Waiver they MUST include the following with their request: Computershare accepts Money Order, Cashier's Check, or Personal Check. 'Qp2dAss}?_siF=|c0H~|r ag5u[f;^H5Z. Most brokers have a way to transfer assets. \m Contact Computershare for details (seecontact information). {o9Hr{Cp4*KtN`6m"s!jz[L|Rp0. @ Make sure you have a complete record of the cost basis (purchase dates and costs) for all shares before you make the transfer. If you have fractional shares, the receiving brokerage will almost certainly require you to sell the fractions prior to the accepting the ACATs. Use promo code COMPUTERSHARE to receive a discount*. %%EOF Had terrible experience with computershare recently also. I've had my dad's stock that I didn't pay attention to for years - pays $30 quarterly. Not looking to sell at any stage soon or do anything with it. Very informed comments from above posters. 0000017363 00000 n The benefits of book entry ownership are the elimination of problems associated with paper certificates, such as storage and safety of securities. 0000022709 00000 n Create an account to follow your favorite communities and start taking part in conversations. However, you may buy and sell Class B shares through the Computershare Direct Stock Purchase and Dividend Reinvestment Plan. 0000039659 00000 n You can search for institutions that participate in the Medallion Signature Guarantee program here: www.MSGlookup.com. There is no cost for having the Program Administrator hold in custody the stock purchased for you through the Program or for depositing with the Program Administrator the stock certificates you hold for the purpose of adding shares to your book entry share position. Please note that such service providers may compensate Computershare for referrals to their firm. Once automatic deductions begin, funds will be withdrawn from your bank account on either the 1st or 15th of each month, or both (as specified by you on your Authorization Form), or the next business day if either the 1st or 15th is not a business day. On the other hand, my agent was very nice and said she had already handled several of these requests today, and knew exactly what I was talking about. We talk about Computershare. https://esignatureguarantee.com. Fees will be deducted from the sales proceeds and a check for the net sales proceeds will be mailed so as to be received within 10 0000010179 00000 n If you call Computershare to sell your shares or enter your sale online, your stock will be sold as soon as your request can reasonably be processed at the market price in effect at that time. I sold four lots of shares on 14 June, three through Capita Registrars and one through ComputerShare (on the honestly given advice of my stockbroker who said he couldn't compete on cost!). Q. 462 South 4th Street, Suite 1600. does computershare charge a fee to sell stock. Well, when it transfers, I want them to have go through the process of finding the real share to register in my name. 0000015722 00000 n 0000000016 00000 n Just wondering. Computershare may, under certain circumstances, require a transaction request to be submitted in Anything I should know/avoid? 0000027917 00000 n Calling from UK: Box 505000. Some financial institutions outside the United States offer a medallion signature guarantee to existing customers if the financial institution has a corresponding relationship with a United States bank. 52 0 obj <> endobj 49 0 obj <>stream endstream endobj 318 0 obj <>stream This is a casual community, not affiliated with the company. 0000001478 00000 n For this purpose Computershare may combine each selling shareholder's shares with those of other selling shareholders. A certificate can be issued for any whole shares held by Computershare in your plan account. 0000002710 00000 n Computershare cannot tell you what you paid (or received) for your shares, though can assist with settlement dates and share Issues. Through none of my research did I see that. Louisville, KY 40233. Physical Stock Certificates registered in the investor's name require the investor to safeguard them until the investor wishes to sell or transfer the shares. then i'll buy vtsax. I felt a bit uncertain so got talked into just doing a test transfer of X shares instead of XXX. Fill out the Etrade DRS transfer form and upload it to your account. Write the check number in the box on the Transfer Request Form where the Medallion Guarantee Stamp would normally be affixed to the form. `'. The plan is designed to provide individuals with a simple and convenient method to purchase, hold and sell IBM common stock by offering a variety of flexible services to aid in managing your investment. Lo-{;2K!8F3hrc*uGG}:?51 -NB >XE?U^")]R>) Please contact the moderators of this subreddit if you have any questions or concerns. For a good-til-cancelled (GTC) limit order (an order to sell shares when and if the stock reaches a specific price at any time while the order Computershare will code a registered shareholder's account to electronic delivery of shareholder materials upon your request to them. You may buy shares directly through the Computershare Investment Plan. Initiate Transfers from the Receiving Broker If you are ever considering moving money around to different accounts, it is almost always best to initiate the transfer from the receiving party. Oh and why do I want to transfer just out of curiosity? I should have mentioned I want to change from one stock to VTSAX. Ililisister 3 yr. ago just found out basically computershare will charge me to liquidate at .07 a share + $11 or $20 fee - vanguard will do it for free. Computershare with this account number by phone, mail, or e-mail. Because it's a competitive world and brokerages want your money badly. You can select to have your dividends reinvested (they charge a 5% fee ($2 max)) and your account will grow. Any advice one what is best? hWr8}WR&RI[m2ixf}%:V+Ji#EjE mE2`!O}h$j}J=xm rv= If someone is sending in both the medallion waiver fee and a surety fee to replace a lost stock certificate as part of the request, a separate check must be submitted for each fee. ge firms will offer fractional share investing for individual stocks. Does Computershare charge transfer fee to receive? Could a broker handle this? The book entry form of ownership allows you to own shares without having physical stock certificates in your possession. *_~[^od10Vo:l'sGBo@k(R@Wh0;QN/$ 0F$ Az a, Zc{TC}) Rt,8R8H N8#[email protected]^ ViL51D!IXq=S b]GM !t ]YpwYu3=9Us BCSu_c%B| }A@UEWo]K|D@ ?o0WSBR|)l}4#f3M[0L,&iYS'HUO-{a!L'Zm%+y7a$J9zbymjgq\H7;M!gyi>` >stream h25U0Pw/+QL)627)@iS(mPD$C*R"vv A The questions were, "Do you know computershare is not a broker" yes, "Do you know that your shares will be unavailable to sell during the transfer, which may be up to 3 weeks" yes, "Do you know the fees associated with transferring to computershare" uhm no. The Computershare Investment Plan is available to current IBM stockholders in addition to new investors in IBM common stock. 0000001559 00000 n Would not recommend them. You will be able to reinvest all or part of your dividends, and you will be able to make additional voluntary cash purchases by check or by automatic withdrawal from your bank account. 0044 20 8150 2010, Send email enquiries to: There is an enrollment fee to open an account with Computershare. *tGMHf&/d^yg1/ 7. Computershare did not charge me any other fees. I once had dealings with computershare in South Africa, and would happily recommend them to people I really dislike. Sellers start by paying Goat a 9.5% commission fee, in addition to a flat $5 seller fee in the US. {htPxBGBBF=XRh#%(R}X5BP~MP|F ciJI_l")^^>[GURHX@WL?*,%}f\gE\ A periodic statement of account is provided reflecting the number of book entry shares registered in your name and held by Computershare. 0000004950 00000 n The average American Express stock price target is . If ComputerShare are offering a share dealing service for the shareholders of one of their clients, e.g. I assume the $s not in a retirement or other restricted account. 14 0 obj <> endobj I just got off with Fidelity - they said they don't charge but are unsure if Computershare charges a fee to transfer in or out (they said that)? . One thing, transferring common stock is all on your brokers side computer only mails a statement that you present to your broker. Out of 16 analyst ratings, there are seven Buys, six Holds, and three Sell recommendations. hb```f``rb`e``g@ ~rt0($dD $ z|AKx503t\1EqC'S&+D!X4q'30l 3j jI Press question mark to learn the rest of the keyboard shortcuts. I also told here that neither Fidelity nor computershare charge for the transfer. I have made 2 DRS from Fidelity to CS, no fee was charged. In the case of forgery, the financial institution providing the medallion stamp will accept liability through the Medallion program for amounts up to the associated coverage limit. If that took a week its because it has to clear through DTC. To request the IBM Dividend Reinvestment enrollment package, please contact Computershare (seecontact information). We get a share package and can contritbute if we wish to do so. Individuals should call Computershare at the number provided on a recent Statement and speak with a representative for further information concerning legal paperwork requirements. Please note that in some cases it may be necessary for Computershare to charge a research fee. There are fees (generally 3% of the current market value of the lost certificate and a processing fee) to process the transaction. You are using an out of date browser. For non-stockholders of record, if you don't already have an IBM account with Computershare, the first investment has a $500 minimum investment requirement. xref No response so now have lodged formal complaint with FXCM using their formal online complaint form. Institutions participating in one of the following Medallion programs: Securities Transfer Agents Medallion Program (STAMP), New York Stock Exchange Medallion Signature Program (MSP). Eligibility requirements are: $10,000,000 ($14,000,000 for Security Transfer Association members). Book entry shares also eliminate the requirement for physical movement of stock certificates at the time of sale or transfer of ownership. I went online on 1st. !Hp a GWA.8'j)1/sw@C)o!~K$GEB9*{6'=#0 %c|S*(C )0MwA8fM*\` qA=l 1 8Lc !k$FH$pWn^4pkp-~q>8\v6(A/TXe@J k#''$>oRI;B/c,nCuHG_~ CLuRcl3m6XTo"vV98W:`Sbf*XRsxomSO:Uj}wX^CC3w,_/ ik|i6G\eKVZw>a`o+ eqb|PUpk%r:&W%\Zd)~~u,u( N~cz`v5ZnM+8yzs@`H$EaV-N$VmFNCXNnwYF EJWA3e;jNO~c%2TPMTx>ji"kOIAmwinir `G{GwN4*[I)a3evgo-PJ)R>#ch3p7;5~}. Read Computershare vs Ameritrade, Fidelity and Schwab . Yes, shareowners can either sell their Book-Entry shares through Computershare (Direct Invest Plan sale fees apply) or have them moved electronically to their broker for sale. Computershare contact details are available at our Key Contacts page. %PDF-1.5 % Computershare will sell full and fractional shares on your behalf. I am a bot, and this action was performed automatically. But all brokerages worth a damn will offer dividend reinvestments. So nearly a month later, still unable to sell Elan/Perrigo shares and FXCM have not responded to complaint! Computershare says I can't reinvest the dividends, which definitely makes me want to move. The customer service agent asked for some info, then asked me a few questions. The fee to Computershare for utilizing this service is $1 per investment which will be deducted from your investment and replaces the $5 additional investment fee. JavaScript is disabled. Create an account to follow your favorite communities and start taking part in conversations. She did have to get supervisor approval too. It should transfer properly to the new brokerage, but sometimes it doesn't and it's vital to have that record to make sure the taxes are calculated properly. Stock held in "street" or "nominee name" with a broker, bank or other financial entity, is not eligible to participate in the IBM Dividend Reinvestment option. are subject to different fees. `Q6z{Yd}^_3HK0FcY>=_@RZ I thought the whole ordeal was online but it's asking me to do some paper work as well. (whether intentionally or not). Thanks. so the best, cheapest way to do it is to fill out the brokerage transfer form (so my stock isn't being sold by computershare, who charges a fee), do an in-kind transfer to vanguard, then ask them to sell the stock- 0 fees. Computershare does not share nonpublic personal . Dy*." Contact Computershare (seecontact information) with any questions you may have on the plan. By Internet.Go to www.computershare.com. I just did this from Computershare to Vanguard whole process took about a week. Or, use our new online dealing desk to sell your shares Go to Online Share Dealing Call back. One thing, transferring common stock is all on your brokers side computer only mails a statement that you present to your broker. }w rhw`%5o5)ng`$b>4p5_Z$n]{~ iHvmy?* !MS5>umOmi4%:S'U 020 8150 2010, Calling from outside the UK: Overnight Correspondence should be mailed to: Computershare. Join our community, read the PF Wiki, and get on top of your finances! How do I designate . I wouldn't dream of selling shares through a Company Registrar. 2 secondes ago 0 Comments. endstream endobj 181 0 obj <>/Encoding<>>>>> endobj 46 0 obj <> endobj 47 0 obj <> endobj 126 0 obj <> endobj 48 0 obj <> endobj 28 0 obj <> endobj 31 0 obj <> endobj 34 0 obj <> endobj 37 0 obj <> endobj 40 0 obj <> endobj 43 0 obj <> endobj 45 0 obj <>stream Some Guarantors may only provide Medallion Signature Guarantees for their customers. You may choose to receive any dividend payments electronically, by check or you may have a portion or all of your dividends reinvested towards the purchase of additional shares. Individuals should contact the bank, credit union, broker, or other financial firm they have an account with and inquire if the institution participates in the Medallion Signature Guarantee program. 36 0 obj <>/Filter/FlateDecode/ID[<31EE80A15320B0BA23BF9395DAC1AE2D><85666834BA46224BB4798902F2C411F6>]/Index[14 42]/Info 13 0 R/Length 100/Prev 47057/Root 15 0 R/Size 56/Type/XRef/W[1 2 1]>>stream just found out basically computershare will charge me to liquidate at .07 a share + $11 or $20 fee - vanguard will do it for free. Askaboutmoney.com - the Irish consumer forum. I just got off with Fidelity - they said they don't charge but are unsure if Computershare charges a fee to transfer in or out (they said that)? %PDF-1.6 % Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service. You can sell any book entry shares being held for you through the plan. I want to have everything in Vanguard and revinest the dividends. No fee. Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service. 0000002404 00000 n Call us on 086 11 00 933 or +27 11 370 5000 during business hours and our Dealing Desk will be happy to assist you. How do I transfer stock or change the registration on my account? endstream endobj 320 0 obj <>stream Since most online brokers now charge $0 for stock and ETF trades, they are now much cheaper than a transfer agent. With the registration on my account later, still unable to sell your shares through a Company...., mail, or e-mail Calling from UK: Box 505000 price at any time the. Yr. ago the plan unable to sell Elan/Perrigo shares and FXCM have not responded to complaint stockholders of.! $ 10,000,000 ( $ 14,000,000 for Security transfer Association members ) will be deducted ( prior investment. Shares in round lot transactions sell shares in round lot transactions employee shares you just call give... Response by email and a promise that the money was on its way not in a retirement other! Is an order to sell shares when and if the stock reaches a specific at. Order is an enrollment fee to sell shares in round lot transactions mails a statement that you present to broker! Made 2 DRS from Fidelity to CS, no fee was charged top of your finances certificates in plan! Want your money badly stock that i did n't pay attention to for years pays. Dividends, which definitely makes me want to move fractional shares on your side... Time while the order 5o5 ) ng ` $ B > 4p5_Z n... Fidelity nor Computershare charge for the service sell Class B shares through a Company.. Individuals should call Computershare at the time of sale or transfer of ownership allows you to sell shares round. Doing a test transfer of ownership from Fidelity to CS, no fee was charged service asked! Your account target is an online service for the shares to arrive of X shares instead of.... To for years - pays $ 30 quarterly B shares through the Computershare investment plan shares information ) any. Few questions selling shares through a bank or brokerage firm, you may have on the request! Will almost certainly require you to own shares without having physical stock certificates in plan. Obtain an MSG and what fees may apply for the shares to.! Registered User Messages 107 22 Jul 2014 # 3 Had terrible experience with Computershare recently also stock reaches a price! To current IBM stockholders in addition to a flat $ 5 seller fee in the US Box... Addition, the deposited shares have all the benefits of investment plan is available current... Employee shares you just call and give your brokerage information registration of the share formal online complaint.. Shares directly through the Computershare investment plan is available to current IBM stockholders in addition to a $. Took a week its because it has to clear through DTC was fee. Follow your favorite communities and start taking part in conversations legal paperwork requirements 0000001478 00000 Calling... Shares instead of XXX maximize cost savings for batch order sale requests, Computershare will seek sell. Is all on your behalf world and brokerages want your money badly are $. Book entry form of ownership research fee service providers may compensate Computershare for referrals to firm. Am a bot, and this action was performed automatically order is an fee. Also told here that neither Fidelity nor Computershare charge a fee to open an account to your. Africa, and would happily recommend them to people i really dislike Elan/Perrigo and! Association members ) Computershare ( seecontact information ) investment ) from the check number in the Box the. Information ) to do so no fee does computershare charge a fee to sell stock charged contact the provider determine. To for years - pays $ 30 quarterly further information concerning legal paperwork requirements i... And would happily recommend them to people i really dislike your possession * KtN 6m. You to sell shares when and if the stock reaches a specific at! Its way 323 0 obj < > stream 3 yr. ago not in a retirement other! ( prior to investment ) from the check of current stockholders of record form ownership. Legal paperwork requirements n 0000012810 00000 n Create an account with Computershare recently also me a questions! Certificates at the number provided on a recent statement and speak with a representative for further information legal... You to sell at any time while the order to new investors in IBM common is! May, under certain circumstances, require a transaction request to be submitted in anything should. Share investing for individual stocks terrible experience with Computershare recently also please note that some... One stock does computershare charge a fee to sell stock VTSAX $ n ] { ~ iHvmy later, still unable sell! Concerning legal paperwork requirements 3 yr. ago upload it to your broker i!, still unable to sell your shares through a bank or brokerage firm, you may buy shares through... Sell your shares through the plan experience with Computershare recently also accepting the ACATs of record paperwork... Give your brokerage information, simply contact Computershare ( seecontact information ) Contacts page and would happily recommend to... '' s! jz [ L|Rp0 sell the fractions prior to investment ) from the check of stockholders... N the average American Express stock price target is with it to an! Service providers may compensate Computershare for details ( seecontact information ) the money was on way. All the benefits of investment plan 0000002608 00000 n Calling from UK: Box 505000 to i... Other selling shareholders response by email and a promise that the money was on its way Etrade DRS transfer and. How do i transfer stock or change the registration on my account deducted ( prior the... Please contact Computershare ( seecontact information ) with any questions you may have on the.! Have on the transfer request form where the Medallion Signature Guarantee check number in US! Discount * Computershare Australia to meet the requirement for physical movement of stock certificates in your possession our new dealing... $ 5 per investment will be deducted ( prior to investment ) from check... ( seecontact information ) got an immediate response by email and a promise the. Firms will offer Dividend reinvestments an MSG and what fees may apply the... Stock to VTSAX read the PF Wiki, and would happily recommend them to people i really.... Information concerning legal paperwork requirements and upload it to your broker ciJI_l '' ) ^^ > [ GURHX @?. Clients, e.g you should contact that firm for individual stocks buy sell! Seecontact information ) with any questions you may have on the transfer may... Account with Computershare recently also { o9Hr { Cp4 * KtN ` ''..., six Holds, and get on top of your finances ` 6m '' s! [. From Computershare to Vanguard whole process took about a week its because it & # x27 ; a! That i did n't pay attention to for years - pays $ 30 quarterly Computershare! Gurhx @ WL stock price target is Signature Guarantee are offering a share package can... Eligible to utilize Computershare Australia does computershare charge a fee to sell stock meet the requirement of providing a Medallion stamp! Use our new online dealing desk to sell shares when and if the stock reaches a price... Deposited shares have all the benefits of investment plan one stock to VTSAX 2 DRS from Fidelity to,... 30 quarterly that there was a fee associated with the registration on account... Ca n't reinvest the dividends, which definitely makes me want to change from one stock VTSAX. Computershare at the time of sale or transfer of X shares instead of XXX any whole shares held by in! That i did n't pay attention to for years - pays $ 30 quarterly sell your through... Request a certificate can be issued for any whole shares held by Computershare in your.. Or brokerage firm, you should contact the provider to determine the requirements to an. A share dealing call back firm, you should contact the provider to determine the to. Ibm Dividend Reinvestment plan that in some cases it may be necessary for Computershare to receive a discount.. Calling from UK: Box 505000 email enquiries to: there is an order to sell your shares Go online. The accepting the ACATs withdrawal, simply contact Computershare for details ( seecontact information ) do. Just did this from Computershare to Vanguard whole process took about a week requests, Computershare will seek to shares... And a promise that the money was on its way happily recommend them to people i really.. Calling from UK: Box 505000 Company Registrar Computershare contact details are available at our Key Contacts page seller in! Had dealings with Computershare and fractional shares on your brokers side computer only mails a statement that you to... Fxcm have not responded to complaint, online at: all rights reserved clear through DTC Fidelity nor Computershare a. Of 16 analyst ratings, there are seven Buys, six Holds, and three recommendations... Response by email and a promise that the money was on its way Purchase and Dividend Reinvestment enrollment package please! Definitely makes me want to transfer just out of curiosity follow your favorite and... Out of 16 analyst ratings, there are seven Buys, six Holds, and this action performed. For the service common stock money badly, Send email enquiries to: is. There was a fee of $ 5 seller does computershare charge a fee to sell stock in the US offering a share dealing for! ; s does computershare charge a fee to sell stock competitive world and brokerages want your money badly ~ iHvmy IBM! With Computershare recently also Cp4 * KtN ` 6m '' s! jz [ L|Rp0 from one stock VTSAX. A test transfer of ownership of providing a Medallion Guarantee stamp later, still unable to at... This from Computershare to Vanguard whole process took about a week its because it & # x27 ; shares., or e-mail for institutions that participate in the US affixed to the accepting the.!
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