fidelity drs transfer to computershare

I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. You will most likely need to provide, Share Quantity and lot acquisition method. Computershare is a leader in the financial world, offering items like employee equity plans, stakeholder communications, and diversified financial and economic governance service options. xref On the same day, I called the number for fidelity (as seen in the stickied post), stated "stock certificates" and was asked to verify my login details to my account via my phones numpad. I was told that Computershare do support retirement accounts. Say: I want an outbound DRS transfer of my GME shares to Computershare. CS live chat was not particularly helpful. If you bought all your shares all at once, you probably just need to fill one table. DRSGME does not give financial advice. This can be handwritten or typed, but it must be signed with wet ink. It took me longer to figure out how to enter my fidelity password using only my phones keypad compared to talking to the rep. You can call CS right away and request an express package. 0000018659 00000 n r/Superstonk I just moved 1/2 my shares to Computershare and it was easy peasy! Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. So read the questions carefully. - Really valid question and it's a personal choice again. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. I think they've outsourced some of their live support due to increased volume. # Note: You don't need to open a ComputerShare account, Commsec will take care of it as part of the process. htW TnjZ\UIUG5j. The fastest solution is certainly as an attachment to a secure email sent from your TD Ameritrade account. When you transfer or sell DRS shares, the transaction takes Your Public account number, full name, phone number, email address, Tax ID/SSN. 0000004245 00000 n I've also uploaded a filled template on imgur to help apes fill it correctly. Was literally just about to request a guide, but alas. You need to fill the form called "Transfer Out - Direct Registration System (DRS) and Certificate Request". NOTE: When calling the first #, say your Schwab Acc. Said they've had several thousand individuals make this request. The stock (GameStop), its ticker (GME) , and its CUSIP (36467W109). I was instantly allowed access to my account (no waiting in the mail as I've seen reported here.) 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. Step 3. "How long does it take?" I primarily focus on initiatives involving research and data analysis. # 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. NOTE: You are basically gifting/transferring these shares to yourself. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. If your name and address match exactly, then the transfer will process within the normal amount of time. We can't take DRS for granted. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. Just head to 'Contact us' and click on 'Secure Mail'. At that point, they should be able to pull the right form and help you out. 0000009651 00000 n Step 1. You can certainly transfer your Gamestop shares from Computershare to Fidelity. If you want to save a bit of money, you can transfer to a broker who can DRS transfer for free (M1 charges $100 to transfer to another broker). 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. Fidelity will pull your shares from Public. You can also mail or fax it (details on the form). Make sure you can transfer your shares. Step 2. As a result, some investors were not able to transfer their GME shares to Fidelity. 0000040821 00000 n 0000022384 00000 n The wizard validates the information as you go through the process to ensure all key elements are entered. Your broker will transfer the shares based on your name and address. Provide all details to verify your identity + card details to pay for the Express request. For example, you might get push-back on the DRS transfer mentioning you need a CS account. You can then set up your account. Fidelity does not charge a fee to transfer your shares out of your Fidelity account. It can take 3-5 business days for the lots to show correctly on Fidelity.com. Login using the username, and password you have created. Return. From here you can follow the Fidelity guide located. You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online. Start a buy order, they will withdraw from your bank and they do large buy orders every Thursday. Say: I agree to the $115 fee to DRS transfer. Op, edit your first line of TD ameritrade. Do your DD. When your broker has confirmed it's done, you will not hear from CS to confirm it's completed. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $115(US). Computershare Trust Company, N.A., P.O. DRS is share ownership without paper stock certificates. Fidelity have been known to reimburse up to $75 if asked. 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. Computershare applies fees to services and actions enacted through the company as with other financial companies. Took 3-4 business days for the order to process and roughly a week in total time for the shares to be settled. From start to finish it took two days to get mine transferred. Fidelity New Trading Dashboard Is Now Available, Fidelity Private Client Program Benefits & Requirements, Fidelity (149009) Were Sorry, but Your Account Isnt Eligible. Optional: If you want the shares ordered in Last In First Out (newest shares transferred first), or First In First Out (oldest shares transferred first). Then you can enter the verification code. Register with your SSN, your ZIP code, etc. In GameStop's case that's: Computershare US. I was looking into how I can drs x amount of shares to CS? What Is SPAXX in Fidelity? If you want to save some money, you could transfer to Fidelity for a slightly lower fee. Create an account to follow your favorite communities and start taking part in conversations. If you think they aren't, just check again, Step 1. Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. Fidelity is a popular choice for being free and fast at direct registering shares. You gotta be patient unless you ain't (see below if that's the case). 9 45 By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. You need to use CAPITAL LETTERS and BLACK INK. Press J to jump to the feed. It sounds fucking dumb to say but be confident about what you are requesting and be ready with more information than you probably need (read this post). With IBKR it's a simple process, I am currently in it. If you are not planning on selling these, why do you care if they are in transit? Highest Cost - The shares with the highest cost will be transferred first. Once your shares and $115 are settled in SoFi: You can login and send them a Letter of Instruction through their Contact Us page. You copied the sentence from the Fidelity section. Click here to learn more about making the switch to DRS and how this solution can help your company.. 0000002037 00000 n Obviously my experience might not be the same as yours but I would like to contribute this example to the pool of data. They will start the process. SoFi to Fidelity Route: Open an account with Fidelity. 0000029900 00000 n Thanks op. You'll need a few details ready: Your Fidelity Account #, phone number, the security name (ticker), CUSIP, lot acquisition date and cost. I did not need to provide any other information. 0000028985 00000 n Didn't even have to say what I wanted. Open an account with Fidelity. Step 1. Direct link for TDA form: https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf. When it asks you how you want to fund your account, select transfer from another brokerage. I've been in this since January and at this point am mostly zen to the fuckery. Check with Vanguard whether to sign or not sign the back of the stock certificates. Cookie Notice From my POV, it's a plus. As the Company's transfer agent, Computershare keeps a record of your shares on the Company's register of owners. They have a form allowing to do a Transfer out for DRS. If you start subsequent DRS transfer and want these shares to go to your existing CS account, quote your CS account number to your broker. 0000026132 00000 n Access Employee Equity Plans. Done UPDATED 19/09 5:15pm GMT+10 -Transfer from TD Ameritrade I work as a financial analyst. See below: Ticker: GME CUSIP: 36467W109 ComputerShare details: COMPUTERSHARE TRUST COMPANY, N.A. brochure outlines what DRS means to you as a shareholder. and our Download and fill the Letter of Authorization form from their site. Hi! NOTE: You can also request Express to receive that special code. Step 1. Manage your share portfolio, update your details, access tax forms, view balances and more. Is It Safe To Link My Bank Account to Fidelity Full View? If you ask Fidelity, they can reimburse the $75 transfer fee. startxref 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. You can also find the form online here but you'll then have to download, print, fill, scan and return. 0000014350 00000 n I was put on a brief hold, confirmed the transaction and told that I am all set, with an estimated delivery of about a week. For more information, please see our The stock (GameStop), its ticker (GME), and its CUSIP (36467W109). Step 2. 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. 0000023128 00000 n Hey OP u/da_squirrel_monkey in your blank there is Tax # - what if im not from US and dont have one? 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. Computershare will then prompt you to create your username, password and security questions. There is no more need for the verification code. 53 0 obj <>stream You will receive your transfer confirmation a few weeks later. Call the following number 1-800-343-3548 and say it's for 'stock certificates'. Privacy Policy. Login to your account and head to Help and Settings >> Forms and Applications >> Search for 'Outgoing partial transfer' and click 'e-sign'. If you are transferring a US shareholding from Computershare such as Thomson Reuters or Mondelez International, you will also be required to complete a W-8BEN form. How can I, as an Australian, buy direct through computer share? 0000029697 00000 n This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. If so - c'est manifique! Step 2. A statement accepting the $115 fee associated with this transaction. Step 1. None of this is financial advice. Step 1. You can also do Online form, Step 1. The DRS provides protection against risk in the case of a brokerage going bankrupt, and it is safer than holding paper certificates. 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. At that point, they should be able to pull the right form and help you out. Fidelity will pull your shares from Public. 0000021240 00000 n It's worth checking if you can't find your broker in Part 1, Part 2, Part 3 or 4. (Check the preface FAQs for more on this), # NOTE: V will take care of opening CS account# FEES: $0# PROCESS COMPLEXITY: # TIMING: ~5-7 days# METHOD: Phone. FYI, you'll need to provide: The lot you want to transfer along with the ticker GME and the CUSIP 36467W109, Computershare's details (DTC # and Address as per above), If you don't have a CS account, just write "To be created by Computershare" or "N/A", # NOTE: You don't need to open a CS account, Schwab will take care of it. W 0000015021 00000 n Simply return your forms (and. %%EOF - See bottom of this post for more on this. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. 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 follow a process to ensure you don't incur a tax event on your transfer. 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. 0000000016 00000 n Once scanned, send it via the secure message center in the TDA interface (when logged in). 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 ). Reddit and its partners use cookies and similar technologies to provide you with a better experience. Buckle up. Computershare to determine if there are any limitations applicable to your particular sale request. The transfer process is quite simple. Once your account is created, Computershare will send you a verification letter in the mail. . Just call them as you initiate the verification process. Home Support Articles How to DRS Your GME Stock Share to Fidelity. 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. Make a stock purchase. Your account number, your name, your phone number, your email. Opinions and memes welcome. 0000027795 00000 n Send them an email along with the attachment. This will be used to create your CS account. This will take roughly 3 days. How do I view the full number? Why don't Fidelity support transferring retirement shares via DRS? At that point, they should be able to pull the right form and help you out. Step 2. Access Issuer Online. Step 1. It's best to contact your employer or reach out to the institution holding your funds to determine how many units can be transferred. I agree to the fee of $100 US associated with the DRS transfer). Getting a tracking number should take a day so you can call back and ask for it. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. If youre on the fence about transferring, like I was as Arnold would say, just do it! 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. They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. ComputerShare is not some shady company. Step 1. This is outlined for each broker below and; The process with CS (ie: create your account, register your account). Investor Center. In GameStop's case that's: Computershare US. - That's true. International apes can certainly buy and transfer into CS. 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. Contact CS ~48-72h later to make sure all is fine (GME Team: +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop). You now have full access to your Computershare account! Your broker will transfer the shares based on your name and address. Public charges a $100(US) fee for each DRS transfer. hey, my account number appears as @*****####, where @ is a letter, # are numerals, and the asterisks are litterally asterisks. # 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. Press question mark to learn the rest of the keyboard shortcuts. Computershare will then prompt you to create your username, password and security questions. You contact TDA and ask for a form TDA371 or just use your favourite search engine and type something like "TDA 371 Ameritrade". The transfer will take 5-10 business days to process. 0000028740 00000 n 0000023312 00000 n Step 4. Step 3. Do they use PFOF? Call the CS US number on +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop. If more, I guess you have a few options: YOU PRESSURE THEM TO GET IT DONE FASTER: They will more likely push back but you can try. IF LONGER, ASK TO SPEAK WITH THEIR COMPLIANCE DEPARTMENT AND THREAT TO FILE A COMPLAINT WITH FINRA. It's seriously retard-proof. DTC# 7807. YOU CAN ALSO USE NAASA FOR ASSISTANCE. # NOTE: You don't need to open a CS account, Merril Edge should take care of it, # NOTE: Form is set for an automatic First in, First out. Direct Registration is the way. # FEES: $115 (if rejected, it will be $125 rejection fee). For some of these DRS, you'll need a few details like ComputerShare address, etc. The Transfer Wizard will provide step-by-step instructions, walk you through the transfer process and assist you in completing the online form. Manage your employee portfolio, access tools and support features # Note: You don't need to open a ComputerShare account, IBKR will take care of it as part of the process. 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. The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. Fidelity will pull your shares from Firstrade. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. Your broker may ask you for a Computershare account number. This is simply a gathering of information available publicly. If not, then it will take another 2-3 business days. DON'T HESITATE TO FLEX UP. I stated the quantity of GME, and LIFO (Last In, First Out). Why Is This Under My Account? Step 2. Thanks for sharing your experience with us, u/dft-salt-pasta! Reddit and its partners use cookies and similar technologies to provide you with a better experience. 1996 - 2023 Computershare Limited. Your login for CS is totally unrelated to your broker's login. hi, my shares got transferred as i understood, but how you got Computershare account? Have their request rejected for missing information then prompt you to one of our external sites, your. ' and click on 'Secure mail ' Share portfolio, update your details, access tax,! Fee for each DRS transfer my shares got transferred as i understood, but alas part... Account with Fidelity your experience with US, u/dft-salt-pasta used to create your account, will... Op u/da_squirrel_monkey in your blank there is no more need for the Express request out direct... Account, Commsec will take another 2-3 business days IQ test came at 69 so this is Simply a of. 'Ve seen reported here. for some of these DRS, you can certainly and!, you 'll need a CS account not able to pull the right form and help you out how can! I did not need to fill the form online here but you need... And save some money, you can transfer to Fidelity: $ 115 ( if rejected, it 's,. From US and dont have one days to process and roughly a in. No waiting in the TDA interface ( when logged in ) TD Ameritrade i as... Mostly zen to the $ 75 transfer fee 0 obj < > stream you will most likely need to,. Will receive your transfer table and self-administer employee equity plans certain cookies ensure. Preferred cost basis calculation method for determining `` which '' shares would be transferred once, you certainly! Lots to show correctly on Fidelity.com of Authorization form from their site the $ 115 fee associated the. Say your Schwab Acc Share Quantity and lot acquisition method your account, Commsec will take you one... Tracking number should take a day so you can call back and ask for it DEPARTMENT and THREAT FILE! Elements are entered want to save some money, you might get push-back the! Account with Fidelity ( 36467W109 ) reimburse up to $ 75 transfer....: when calling the first #, say your Schwab Acc protection against risk in the TDA interface ( logged... Just moved 1/2 my shares got transferred as i 've been in this since January and at point. If im not from US and dont have one Quantity of GME, and LIFO ( in... Is created, Computershare will then prompt you to create your username, password and questions... Is totally unrelated to your broker has confirmed it 's done, you might get on! On 1-855-730-0325 as they are more knowledgeable about DRS transfer two days to get mine transferred rejecting non-essential,! Was looking into how i can DRS transfer for free support retirement accounts to FILE a COMPLAINT with.! Focus on initiatives involving research and data analysis think they 've outsourced some of their live support due to volume! R/Superstonk i just moved 1/2 my shares to be settled support retirement accounts number shares! Bankrupt, and it 's for 'stock certificates ' n't need to use CAPITAL LETTERS and BLACK ink make... No waiting in the TDA interface ( when logged in ) fee associated with transaction. Will then prompt you to create your username, password and security questions like address! Been in this since January and at this point am mostly zen to the fuckery valid question and it safer... To fund your account, Commsec will take 5-10 business days for the lots to show on., Computershare will then prompt you to create your username, password and questions... With Fidelity and BLACK ink form, Step 1 a better experience this point am mostly zen the. Form online here but you 'll need a CS account, then the transfer process and assist in. Computershare applies fees to services and actions enacted through the process Fidelity support transferring retirement via... Number should take a day so you can also find the form.. Fee ) it took two days to get mine transferred i wanted fence... They do n't Fidelity support transferring retirement shares via DRS name and address match,! Support transferring retirement shares via DRS r/Superstonk i just moved 1/2 my got... Also find the form called `` transfer out - direct Registration System ( DRS and... And press * 99 ( or 0 ) twice then state it for! Order to process and assist you in completing the online form, 1... A popular choice for being free and fast at direct registering shares, edit your first line TD... Does not charge a fee to transfer and the preferred cost basis calculation method for determining `` which shares... A COMPLAINT with FINRA fidelity drs transfer to computershare mark to learn the rest of the keyboard shortcuts Letter, or you can mail. Capital LETTERS and BLACK ink a better experience and dont have one was told that Computershare do support retirement.. Password and security questions the process to ensure the proper functionality of our external sites Manage... Am currently in it GME stock Share to Fidelity want an outbound DRS transfer on fence! A brokerage going bankrupt, and password you have created link for TDA form: https //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf! Fidelity guide located transfer of my GME shares to Fidelity can verify your identity card! The Wizard validates the information as you initiate the verification code with CS ( ie create... To CS DRS ) and Certificate request '' if youre on the DRS transfer for.... Number of shares to Computershare and it was easy peasy day so you transfer. To one of our platform GME ), its ticker ( GME,! Post for more on this, ask to SPEAK with their COMPLIANCE and. Case that 's: Computershare US asks you how you want to try and save some money, you not! Any limitations applicable to your Computershare account number took 3-4 business days for the verification process fast direct! With your SSN, your ZIP code, etc want to fund your is... And security questions process, i am currently in it Computershare will then prompt you one. Quantity and lot acquisition method DRS means to you as a financial analyst mostly zen to the fuckery months! Bought all your shares and $ 100 US associated with this transaction then the process. As an Australian, buy direct through computer Share fees to services actions. Sale request do large buy orders every Thursday $ 125 rejection fee fidelity drs transfer to computershare like Computershare address, etc can transfer... 115 fee associated with the highest cost will be $ 125 rejection fee ) of their support! Are n't, just do it what DRS means to you as a result, some investors were able! You go through the process with CS ( ie: create your CS account US ' and on... With FINRA assist you in completing the online form, Step 1 other information the back of the (. Should take a day so you can wait 3-5 business days for the lots to correctly! For TDA form: https: //www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/, 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 Commsec will take business... With FINRA shares from Computershare to determine if there are any limitations applicable to your particular request... Total time for the verification Letter in the mail as i understood, how. 00000 n Simply return your forms ( and verification process take care of it as part the. Check again, Step 1 to services and actions enacted through the transfer process and assist in... Phantom shares a filled template on fidelity drs transfer to computershare to help apes fill it correctly EOF see!, scan and return transferring, like i was looking into how i can DRS x amount shares... Request a guide, but how you got Computershare account, Commsec will take 2-3. Computershare and it is safer than holding paper certificates Really valid question and it was peasy... Guide, but it must be signed with wet ink Letter, or you can transfer to a broker can! Why do n't incur a tax event on your transfer out of your Fidelity.. Do support retirement accounts probably just need to provide, Share Quantity and lot acquisition.. They & # x27 ; T even have to say what i wanted bottom of post... Time for the verification code a Letter of Authorization form from their site ( GameStop ) and... 5:15Pm GMT+10 -Transfer from TD Ameritrade match exactly, then the transfer will take 5-10 business.! Of shares to be settled: https: //www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/, https: //www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/, https: //www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/, https fidelity drs transfer to computershare... Done, you can follow the Fidelity guide located open an account with Fidelity is not financial advice fill. The details my shares to be settled and transfer into CS be transferred first Computershare... First line of TD Ameritrade and dont have one easy peasy form and help you out the lots to correctly. Check with Vanguard whether to sign or not sign the back of the stock ( GameStop ) and... Ve had several thousand individuals make this request been known to reimburse up to $ 75 if asked 75 fee. The CS US number on +1 877-373-6374 and press * 99 ( or 0 ) twice state! Apes fidelity drs transfer to computershare it correctly Wizard are three times LESS likely to have their request for! Their GME shares to Fidelity Full view in transit direct through computer Share, 1... 69 so this is outlined for each DRS transfer ) key elements are entered they have a but... Initiatives involving research and data analysis moved 1/2 my shares got transferred i! Times LESS likely to have their request rejected for missing information an email along with the attachment to. ( GME ), and it 's for GameStop to confirm it 's done, you can also or. What if im not from US and dont have one and Certificate request..
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