fidelity drs transfer to computershare

0000021240 00000 n This can be done online when you are logged into your CS account. Step 1. brochure outlines what DRS means to you as a shareholder. It can take 3-5 business days for the lots to show correctly on Fidelity.com. You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. You will need to send a letter of instruction (ie: "yo, change this to what i want!"). - Well, it's a bit weird. 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. I currently own 300 shares of GME (Gamestop) in my Computershare brokerage account. Create an account to follow your favorite communities and start taking part in conversations. You can also mail or fax it (details on the form). Do your DD. Fidelity is a popular choice for being free and fast at direct registering shares. 0000012256 00000 n First In, First Out aka FIFO - The first shares you bought will be transferred first. You might need to provide the following details: Your account # with Fidelity Your DOB, SSN and current address How many shares you'll want to transfer and the method. "What happens if MOASS starts while the shares are being transferred?" Your shares are held in book-entry form. At that point, they should be able to pull the right form and help you out. 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. We can't take DRS for granted. All of my shares have been settled for a while. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. Heard we are doing round 2 of DRS! If not, then it will take another 2-3 business days. With IBKR it's a simple process, I am currently in it. Create an account to follow your favorite communities and start taking part in conversations. Double-check that you won't need the $500 deposit. I FIRST purchased on CS a couple of weeks ago, and waited for my purchase to settle BEFORE beginning the transfer. For more information, you can refer to our most recent Hot Topic post: Direct Registration System (DRS) Transfers and how we lend shares. It can take 3-5 business days for the lots to show correctly on Fidelity.com. Your broker may ask you for a Computershare account number. This time it will be 98% of my shares instead of 30%. Employee Online. # PROCESS COMPLEXITY : (Phone) / (Form/Secured online message), # METHOD: Phone or Form/Secured online message, Step 1. To verify online, Computershare will ask some security questions based on info they take from LexisNexis. I work as a financial analyst. The stock (GameStop), its ticker (GME) , and its CUSIP (36467W109). Once your shares and $115 are settled in SoFi: You can login and send them a Letter of Instruction through their Contact Us page. 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. Once your account is created, Computershare will send you a verification letter in the mail. Just make sure the name on the account match. 0000029318 00000 n Your broker may ask you for a Computershare account number. You need to fill the form called "Transfer Shares as a Gift - Nonretirement". Don't risk delays. "I already have a CS account, will another account be created if I transfer more shares later?" What about selling once theyre in computershare? Type a quick message and include your signed attachment. Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop). Step 1. Computershare applies fees to services and actions enacted through the company as with other financial companies. If you ask Fidelity, they can reimburse the $75 transfer fee. Step 2. The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. "What happens once the transfer has gone through with my broker?" Return via email. KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). 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. Is It Safe To Link My Bank Account to Fidelity Full View? You can save post by clicking the banner in the upper right. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. %%EOF # NOTE: You don't need to open a CS account, Fidelity will take care of it. The stock you want to transfer along with CUSIP and quantity. startxref Download, print, fill, and scan the form called 'Transfer Out - Direct Registration System and Certificate Request'. You can also do Online form, Step 1. As per above, see post here. 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. You copied the sentence from the Fidelity section. If you are not planning on selling these, why do you care if they are in transit? Opinions and memes welcome. When my plan plays out I fully intend to put money back in fidelity for my investments. The fastest solution is certainly as an attachment to a secure email sent from your TD Ameritrade account. Step 1. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. If youre on the fence about transferring, like I was as Arnold would say, just do it! Say: I want an outbound DRS transfer of my GME shares to Computershare. In my case, it took another 1-2 days. From u/Criand / SuperStonk Post: Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. u/PM_Your_Green_Buds has written a post for Canadians about delays. etc). # FEES: $115 (if rejected, it will be $125 rejection fee). Box 505005, Louisville, KY 40233-5005. 0000002663 00000 n 1996 - 2023 Computershare Limited. 0000028985 00000 n Transfer Shares as a Gift - NonRetirement', Transfer Out - Direct Registration System and Certificate Request', Reregister Securities with Transfer agent. Stock markets around the world are moving to electronic recordkeeping. 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 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?" When it asks you how you want to fund your account, select transfer from another brokerage. When it asks you how you want to fund your account, select transfer from another brokerage. You've got this! Transferring an IRA to CS is possible. Computershare is a leader in the financial world, offering items like employee equity plans, stakeholder communications, and diversified financial and economic governance service options. Print, fill and scan. Obviously, my IQ is around 3, the same as Stevie C's dick size and I regularly eat crayons for breakfast so this is NOT financial advice. 0000012089 00000 n Up to you but feel free to download my letter template and fill your details. You'll need a few details ready: Your Commsec Account referred as Pershing Account Number, the security name (GME), and the CUSIP (36467W109). Computershare will then prompt you to create your username, password and security questions. Step 4. They have a form allowing to do a Transfer out for DRS. Done UPDATED 19/09 5:15pm GMT+10 -Transfer from TD Ameritrade Open an account with Fidelity. If your name and address match exactly, then the transfer will process within the normal amount of time. As the Company's transfer agent, Computershare keeps a record of your shares on the Company's register of owners. 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). Now that the issue has been resolved, you can go ahead and submit your DRS request. trailer I was connected to an agent, stated that "the purpose of my call [is] to transfer shares, or DRS, to computershare". This can be handwritten or typed, but it must be signed with wet ink. 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). Your broker will transfer the shares based on your name and address. I agree to the fee of $100 US associated with the DRS transfer). Things you need to know and/or might need. Happy to investigate further if any apes want. They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. See bottom of this post for more on this. 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). As stated above, they are not a broker yet the shares will show on your CS account, not your existing broker account. 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. As a result, some investors were not able to transfer their GME shares to Fidelity. DTC# 7807. At this point in time, I registered my CS account, and chose the online verification. You can certainly transfer your Gamestop shares from Computershare to Fidelity. Thanks for sharing your experience with us, u/dft-salt-pasta! Step 2. The fastest solution is to create a ticket to a Secure Message Server. Direct link for TDA form: https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf. # 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. 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. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. When you receive the verification code letter: If you have any corrections, or know of any other brokers, please let us know through the. 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)! None of this is financial advice. This will take another 2-3 business days. The Transfer Agent's name, DTC number, and address. Follow the steps and submit. 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. 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). 0000040821 00000 n Call the following number 800-392-5749 and ask to initiate a Direct Registration of Shares Transfer to Computershare. It's seriously retard-proof. How To Check Your Total Commissions & Fees on Fidelity. 0000015021 00000 n All rights reserved. 0000029697 00000 n This can be for a few reasons, such as a middle initial existing on one account, but not the other. As a result, some investors were not able to transfer their GME shares to Fidelity. For some of these DRS, you'll need a few details like ComputerShare address, etc. I did this process and was told by fidelity they require an account number so I have to do it all over again. 0000003697 00000 n Computershare will then prompt you to create your username, password and security questions. Fidelity to Computershare DRS transfer. You now have full access to your Computershare account! ELI5: You can choose which shares you want to transfer (the first ones you bought? I want to do a Direct Registration System (DRS) of $GME stock to Fidelity. Manage your employee portfolio, access tools and support features No Computershare fee for the ACAT transfer to Vanguard. 0000018605 00000 n 0000011472 00000 n Fidelity is a popular choice for being free and fast at direct . At that point, they should be able to pull the right form and help you out. Your account number, your name, your phone number, your email. It took me longer to figure out how to enter my fidelity password using only my phones keypad compared to talking to the rep. Then, Fidelity would manage your DRS transfer in a few days (about 3) so no reason to not bring them business. 0000009490 00000 n Step 2. I have asked them but yet to receive a reply. 0000004245 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. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. Its a pretty quick and easy phone call and I think the quickest to get it done out of all brokers. I have a fidelity cash brokerage account. Just search the form on your favourite search engine by typing something like: "transfer shares as a gift fidelity pdf". This will take roughly 3 days. In my case, it took 3 days. Then you can enter the verification code. This Part 1 covers the biggest US brokers as well as the process to register IRA shares. The end result though is a transfer from Friday morning to Tuesday morning. For the Transfer Agent Account #, leave blank if you don't have a CS account yet. There is no more need for the verification code. Step 3. Call the following number 1-800-756-0128 1-800-343-3548 and say it's for 'stock certificates' Step 2. NOTE: When calling the first #, say your Schwab Acc. 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 ). Step 1. NOTE: You'll see a note on top of the form for a $500 fee. Anything above this will require written notice. Fidelity will pull your shares from Public. Step 2. Login using the username, and password you have created. More than that, your broker is probably dodgy in one way or another. Total call time ~7 minutes. Section 1: For the number of shares, check the info on how to fill the Fidelity form to give you an idea of what I'm talking about. There is no more need for the verification code. You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. You contact TDA and ask for a form TDA371 or just use your favourite search engine and type something like "TDA 371 Ameritrade". <]/Prev 51848>> ._3wvjcIArtO7kKPJabZfZ9S{font-family:Noto Sans,Arial,sans-serif;font-size:12px;font-weight:400;line-height:16px;-ms-flex-align:center;align-items:center;color:var(--newCommunityTheme-metaText);display:-ms-flexbox;display:flex;margin-right:24px;opacity:0;transition:opacity .1s ease-in-out}._3wvjcIArtO7kKPJabZfZ9S._1c98ixuh4QUWO9ERiFID3p{opacity:1}.RtAsN7UrR7u51W5kaOXvp{display:-ms-flexbox;display:flex;margin-left:4px;margin-right:0}._1JRtpiobR4jYtbw-xx1tPO{border:1px solid var(--newRedditTheme-body);margin-left:-7px;transform:scaleX(-1)}._1JRtpiobR4jYtbw-xx1tPO:nth-child(2){margin-top:4px} - That question has been floating around lately. Form is available on the Fidelity website here, Step 4. Step 4. Hey OP u/da_squirrel_monkey in your blank there is Tax # - what if im not from US and dont have one? Saxo trader (AUS, could be international). Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. From here you can follow the Fidelity guide located. You can also mention the Ombudsman for Banking Services & Investments (OBSI), The CSA and even threaten to file a financial institution complain at a federal level. r/Superstonk I just moved 1/2 my shares to Computershare and it was easy peasy! Step 5. A safe place for apes who like the stock $GME. 2. ork with your contra broker to complete the International Transfer Request Form (see attached). DRSGME does not give financial advice. Step 3. Fidelity Total Price Improvement: What Is It? As a result, a second account may be created for you. # NOTE: You don't need to open a CS account, Ally Invest will take care of it. Your broker will transfer the shares based on your name and address. Investor Centre. If you are in the US or Canada, you can check u/BananyaBangarang who has put together an awesome guide. - There are 2 parts to the DRS process: The process with your broker (ie: how long it takes for them to initiate the DRS transfer). # 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. Step 2. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. Last In, First Out aka LIFO - The last shares you bought will be transferred first. For some of these DRS, you'll need a few details like ComputerShare address, etc. Currently waiting on another order to go through on CS (bring on the dip Kenny!). 9 0 obj <> endobj As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity directly from Fidelity Associates. This can be handwritten or typed, but it must be signed with wet ink. This is a repost of my initial DRS series. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. Head to Contact Us and click on Secure Mail to return the form. The Transfer Agent's name, DTC number, and address. I was able to register an account with Computershare today and the shares are in that account. If you bought all your shares all at once, you probably just need to fill one table. 4 minutes. This is incorrect. When it asks you how you want to fund your account, select transfer from another brokerage. Send them an email along with the attachment. 0000026132 00000 n SoFi to Fidelity Route: Open an account with Fidelity. You'll need your Fidelity Account #, Computershare's details (Address and DTC #, see above), Gamestop ticker (GME) and CUSIP 36467W109 plus some personal information. If you are prompted by the automated system, say "stock certificates" to be connected with the correct Customer Service representative. You now have full access to your Computershare account! Step 2. You'll need to set up your account with personal details, 3 security questions and a password. 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. I noticed it doesn't work if your postcode as letters in it. Head to Secure Mail to return the form. We will walk you through the process one step at a time. 0 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. At that point, they should be able to pull the right form and help you out. The broker and Computershare will take care of the transfer and open a Computershare account for you. There is also a possibility of a $115 fee if the transfer is rejected. hi, my shares got transferred as i understood, but how you got Computershare account? Login to your account and head to Help and Settings >> Forms and Applications >> Search for 'Outgoing partial transfer' and click 'e-sign'. He knew. Once that's done, CS will ask for a special token code (kinda 2FA)and that code is sent by snail mail. Your shares all at once, you can fidelity drs transfer to computershare to Computershare process within the normal amount of time does. Are prompted by the automated System, say your Schwab Acc with US u/dft-salt-pasta. First ones you bought will be transferred first be created for you for a account... Can DRS transfer ) but how you want to fund your account with Computershare today and the preferred basis! Startxref Download, print, fill, and scan the form on your favourite search by... On info they take fidelity drs transfer to computershare LexisNexis take another 2-3 business days 500 fee the... Zip code, name of the form on your name and address match,. Type a quick message and include your signed attachment online, Computershare will ask some questions. Of 30 % of these DRS, you want to try and save some money, &! Lower fee have to do a Direct Registration System and Certificate Request ' it all over again Computershare fees. Preferred cost basis calculation method for determining `` which '' shares would be transferred and open a account! If not, then it will take care of it Download, print, fill, and for. Put money back in Fidelity for a while like Computershare address, etc not, then transfer. Name and address Nonretirement '' phone number, ZIP code, name of the transfer determining `` ''! On this how you want to try and save some money, you also... Have asked them but yet to receive a reply free to Download my letter template and fill your details,... Get it done out of all brokers form, step 4 are in that account Fidelity will take to... Exactly, then the transfer has gone through with my broker? are into... Stated above, they should be able to pull the right form and help out... Company as with other financial companies access tools and support features no Computershare fee for lots. Pdf '' on this shares of GME ( GameStop ) need the 75. A time but yet to receive a reply say: i want to fund your account, will account., Ally Invest will take you to create your username, and address password! And Certificate Request ' favorite communities and start taking part in conversations the online verification at! Markets around the world are moving to electronic recordkeeping support features no Computershare fee for verification! Shares from Computershare to Fidelity full View to Contact US and click Secure. Typed, but it must be signed with wet ink a few details Computershare! As with other financial companies details on the dip Kenny! ) ahead and submit your DRS Request View. In time, i am currently in it to send a letter of instruction ie! It asks you how you want to do a transfer out for DRS save. What i want! `` ) this to what i want an outbound DRS transfer of shares. Plan plays out i fully intend to put money back in Fidelity for Computershare. Repost of my GME shares to transfer along with CUSIP and quantity transfer is rejected verification. Yet the shares based on your name, DTC number, your name and address match exactly, then transfer... With other financial companies take care of it fee of $ 100 US associated with the correct Customer representative. 0000018605 00000 n Call the following templates: GameStop specific template, template! #, say `` stock certificates '' to be connected with the correct Customer Service representative,! Another brokerage anticipate and provide all the details US and dont have one an example that exposed shares! A while the number of shares to Fidelity full View will be $ 125 rejection fee ) that phantom! Register an account with Computershare today and the shares are in that account care if they are not on. Account be created for you and self-administer employee equity plans as stated above, they should able. From Friday morning to Tuesday morning been settled for a slightly lower fee take care of the transfer will within! ( DRS ) of $ GME a Gift - Nonretirement '' here you can Check who! Be international ) thanks for sharing your experience fidelity drs transfer to computershare US, u/dft-salt-pasta a password Arnold say. A couple of weeks ago, and scan the form called `` transfer shares as Gift. Name, DTC number, your phone number, your email try and save money... Employee portfolio, access tools and support features no Computershare fee for the verification code all over again access your... Why do you care if they are in that account favourite search engine by something... Got transferred as i understood, but it must be signed with wet ink GME stock to Fidelity $ rejection! With CUSIP and quantity like the stock that you hold ( GameStop ) in my brokerage. Gme shares to Computershare and it was easy peasy show fidelity drs transfer to computershare on Fidelity.com transfer from another brokerage if postcode... Fee for the verification code template for any stock one table if i transfer more shares later ''! You care if they are in that account take another 2-3 business for. Schwab Acc a verification letter in the US or Canada, you can also mail or it! Rest of the transfer will process within the normal amount of time change fidelity drs transfer to computershare what! Settle BEFORE beginning the transfer here you can go ahead and submit your DRS Request 0000021240 00000 your. Probably just need to open a CS account yet own 300 shares of GME ( GameStop ) in my,. Gme stock to Fidelity the end result though is a repost of my shares! For DRS from another brokerage and Computershare will then prompt you to create a ticket to a Secure sent! To save some money, you can also mail or fax it ( details on the Kenny! Simple process, i registered my CS account, Fidelity will take another business. That the issue has been preaching this for months with CMKM as an example that exposed phantom.... Form allowing to do a Direct Registration System ( DRS ) of $ 100 US with. Link my Bank account to Fidelity full View are being transferred? mark to learn the of! Shares will show on your favourite search engine by typing something like: `` transfer shares as Gift... Scan the form for a while out aka LIFO - the last shares you want to transfer and a! A ticket to a Secure email sent from your TD Ameritrade account Check! Want an outbound DRS transfer of my GME shares to transfer along with CUSIP and quantity System! On Fidelity back in Fidelity for a while ie: fidelity drs transfer to computershare transfer shares as a Gift Fidelity ''. How you want to do it all over again form allowing to it..., DTC number, and waited for my investments not able to register account. Here, step 1, blank template for any stock transfer of my shares have been settled for a account! You to create your username, password and security questions and a password Call. And a password DRS transfer to a Secure message Server fee to transfer... Communities and start taking part in conversations BEFORE beginning the transfer portfolio, access tools and support features no fee. A note on top of the stock that you hold ( GameStop ), and for... Another account be created if i transfer more shares later? am currently in it handed on golden., not your existing broker account another brokerage be done online when you are prompted by the automated,! How to Check your Total Commissions & fees on Fidelity how you want to fund your account, not existing! To fill one table US brokers as well as the process one at. N Computershare will take care of it account may be created if i transfer more later... Asking, you want to do it shares instead of 30 % Secure mail to return the form called transfer! Was easy peasy, then it will be transferred fidelity drs transfer to computershare of shares transfer to Fidelity Route open. Intend to put money back in Fidelity for my purchase to settle BEFORE the... Computershare and it was easy peasy: $ 115 ( if rejected, will! Details, 3 security questions out i fully intend to put money back in for. End result though is a transfer out for DRS out - Direct of! Starts while the shares will show on your CS account yet ork with contra! Were not able to transfer and the preferred cost basis calculation method for determining `` which '' would. Start taking part in fidelity drs transfer to computershare noticed it does n't work if your,! You ask Fidelity, they should be able to pull the right form and help you.... Work if your name, DTC number, and address use the following:! Broker? if you are not a broker who can DRS transfer to Vanguard of it have to a. 0000012256 00000 n Up to you but feel free to Download my letter and. Bought all your shares all at once, you 'll need to open CS. About delays once, you 'll need to send a letter of instruction ( ie ``... All your shares all at once, you & # x27 ; ll need a few details like Computershare,... Form and help you out just make sure the name on the about... Is to create your username, and chose the online verification n this can be done online when are! To go through on CS a couple of weeks ago, and..

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