A Compilation of DDs, News, Announcements, Alerts, Tools & Resources, See link here for other international brokers. Call the following number800-392-5749and ask to initiate a Direct Registration of Shares Transfer to Computershare. They dont have a form but based on what other brokers are asking, you want to anticipate and provide all the details. 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. Your customer service is the absolute BEST . All rights reserved. The subject line of the email you send will be "Fidelity.com: ". Whats the process? Contact Computershare at 1 800 351-7221 for information or to request an enrollment form. Soon I will have a lot of stock in a single publicly traded company at Computershare. This means: You send your small cheques or set-up pre-authorized payments to the company transfer agents, If you think they arent, just check again, Step 1. 'Ride,' Pleasure said; | Thanks for all the replies. Send an email with the following details asking for anoutbound DRS Transfer. Once you talk to someone, be knowledgeable and ask for anOutbound DRS Transferfor some of your Gamestop shares to the official registrar (Computershare). Wall Street Veteran Charles Gradante calls out Citadel (MMs) naked shorting Gamestop, lack of penalties for naked shorting, options use for driving price action on stocks. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. At least this was how it worked in my cases 3-4 years ago. They said it would take up to 3 business days but I believe I initiated on a Friday and I could see it the next Monday. Your account number, your name, your phone number, your email. You can also do Online form, Step 1. Get zero commission on stock and ETF trades. Most brokers use the Automated Customer Account Transfer Service (ACATS) to move investments this way. I have transferred Computershare accounts to both Vanguard and Fidelity within the last 3/4 years and both sets of transfers were fine. You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online. by SeekingAPlan Wed Mar 30, 2022 12:10 pm, Post ComputerShare is the Transfer Agent for a number of securities. If you're not satisfied with your online broker, the best decision is to find a new one. Receiving firms details (CS): Name, Address, DTC #, and who you want the shares to be registered to. by backpacker61 Wed Mar 30, 2022 7:21 pm, Post # NOTE: You dont need to open a CS account, Public will take care of it, # FEES: $100 (There will also be a $115 rejection fee if transfer is rejected by CS), # NOTE: You dont need to open a CS account, Schwab will take care of it, Step 1. When you open an account with Schwab, select "investment account transfer" as your funding option. Transfer ISAs, pensions, investment accounts, or junior accounts to manage them quickly and easily all in one place. this article here for more details on LIFO, FILO, etc. Certificate of Deposit. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Robinhood has a policy where they reimburse transfer fees incurred up to $75. 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. Schwab makes it easy to transfer your stocks, mutual funds, IRAs, and more. Step 1. A CD generally requires four weeks to transfer. Good move to transfer the shares from Computershare. I was maybe on the phone with a person for 3 minutes tops. The transfer happened the next day. Your account will be approved and ready to fund within five business days. Step 1. Before transferring, you may want to contact the Transfer Agent to determine if there are any fees for their services and what the process is if a shareholder decides to sell their shares. The financial institution you are transferring from may charge fees. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Step 1. They were super helpful when I called and the whole process took no longer than 5 minutes. Youll see in the guide a process complexity from (SUPER EASY) to (SOMEWHAT HARD). He writes for The Ascent and The Motley Fool, and his work has appeared in USA Today and Yahoo! The right brokerage account is critical to get the most out of your investments. 1996 - 2023 Computershare Limited. Use this form to transfer assets from one Fidelity brokerage account to another Fidelity brokerage account. Because you have to deal with CS USA, you wont be able to have these shares sitting on a CS TFSA or RRSP equivalent. 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. The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. It is a violation of law in some jurisdictions to falsely identify yourself in an email. Statement accepting the $100 fee associated with this transaction. I transferred stock from Computershare to Fidelity a few weeks ago. If you are in the US, you can followthis kick-ass guidefromu/BananyaBangarang. This site is not affiliated with GameStop nor Computershare and only intended to provide information about GameStop and DRS. Before you begin. Fortunately, the best online brokers frequently offer deals in which they pay any transfer fees the old broker charges. Computershares asks for DTC Broker code and Account number. As for your account number, you'll refer to the nine-digit number for the account found on your Summary page on Fidelity.com, or your statements, including the letter if it starts with an X, Y, or Z. 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. I initiated the process online from Fidelity's website. 3. I found 0226 is the broker code but for account number I have one that starts with an x but full number without the x that I found by clicking on routing number after the account number that starts with an x. Over the past 17 years, Stock Advisors average stock pick has seen a 353% return more than 3x that of the S&P 500! Go to Fidelity.com/TransferMoneyShares or call 1-800-544-6666. Have a question about your personal investments? Please consult your mutual fund's prospectus for more information. We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. # FEES:$115 (if rejected, it will be $125 rejection fee). Welcome to Transfer Wizard Please indicate your status by selecting an option below. As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). You would initiate this transfer request from the brokerage firm that you wish to transfer to. Alternate way:you can send an email asking for anOutbound DRS Transfer to CS. Please reach out if you have done it with Firstrade, # NOTE: You dont need to open a CS account, Merril Edge should take care of it. , TLDR: An updated guide toTRANSFERa portion/all of your GME shares to Computershare (referenced as CS in this post) Ive run out of space so Im breaking this down into several posts. Computershare will then prompt you to create your username, password and security questions. Understanding Homeowners Insurance Premiums, Guide to Homeowners Insurance Deductibles, Best Pet Insurance for Pre-existing Conditions, What to Look for in a Pet Insurance Company, Marcus by Goldman Sachs Personal Loans Review, The Best Way to Get a Loan With Zero Credit. by water2357 Thu Mar 31, 2022 4:12 am, Post Although we cant help here with specific account service issues, we can help troubleshoot and point you in the right direction. I also recently pulled shares from Computershare to Fidelity. I was responsible the deceased's trust accounts. It really was painless! Before you start your transfer, check if there will be a fee and if your new brokerage firm will cover it. Tip -- If you have done all the work and are expecting Computershare to transfer the shares to Vanguard and they aren't moving, get in touch with Computershare directly and tell them to move the shares to Vanguard. I decided to transfer some shares today and when I called you guys, the rep on the phone seemed clueless and put me on hold so he could talk to his higher ups, after couple minutes the rep just hangs up on me. I found the entire naked shorting game plan playbook posted on a forum in 2004. This form should be available online, but you can call your new broker if you need help. NOTE:While some brokers wont allow DRS transfer, they should allow anoutbound broker-to-broker transfer. Loads, transactions fees, redemption fees and other costs may apply if transferring in to or out of a mutual fund. (Check the preface FAQs for more on this), Security Symbol (ie: GME) and CUSIP (see above). A private company was bought by a public company. The DTC was established to reduce the volume of physical stock certificate transfers involved in the trading of securities. Depending on the company and what it offers investors via their DRIP plan, you can start owning shares in many great Canadian companies after obtaining your first share with just $25 or so. Choose a New Broker The first thing you should do before moving your stocks to a new broker is choose the broker you want to work with. I would look at some posts from. Share A A A Ways to Move Your Money Move money into or out of your Fidelity account with ease, and in most cases, no cost. Many or all of the products here are from our partners that compensate us. by kareemy Wed Mar 30, 2022 12:05 pm, Post Welcome to Transfer Wizard Home With the Computershare Transfer Wizard, transferring your shares is easy. Checking vs. Savings Account: Which Should You Pick? Hover over the Admin tab from the main navigation bar and select Permissions. Step 2. Step 3. Apparently, its super easy! Call the following number1-800-756-01281-800-343-3548and say its for stock certificates. Your new broker communicates with your old broker to set up the transfer. An Employee Share Purchase Plan is a completely voluntary program that serves as a long-term investment vehicle. Your old broker will also need to resolve any outstanding margin loans if you have a margin account. by jaxinvestor Thu Mar 31, 2022 8:03 am, Post Step 2. 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. Listen at 5 min (or all)! The longer number you're referring to is only for direct deposits or debits. Needs more exposure! No fees. I transferred some shares from Computershare to Vanguard a couple years ago, following the death of a family member. Does Fidelity handle the request to transfer shares from Computershare into Fidelity? Since most online brokers now charge $0 for stock and ETF trades, they are now much cheaper than a transfer agent. I think I have the option to tell Vanguard what the basis is from my records if for some reason that never moves over. A fee of $69 (incl GST) is required in respect of security validation checks that are carried out in relation to off-market transfers. The name or names on the account must match the names on the account the shares are coming from or you may have trouble transferring your shares. Ive seen many people say that theyre having a hard time with Fidelity willing to help on this process. As I think was mentioned already they (computershare) lost the cost basis. Best. Call1-800-387-2331. Copyright 1998-2023 FMR LLC. Questioni hold 25 gme shares. and our Step 1. My RSUs used to vest at Computershare, and I had a no hassle experience initiating the transfer to Fidelity via Fidelitys online process. Create an account to follow your favorite communities and start taking part in conversations. Ive madea blank template you can use herethat can be attached. Then, you can take that money, deposit it into your new brokerage account, and purchase the same investments you had in the original account. by wheat82 Thu Mar 31, 2022 8:41 am, Post Exit fee cover We cover any exit fees your current provider may charge, up to 500 per person. Cookie Notice How Much Does Home Ownership Really Cost? Call them on1-800-323-4332and ask to talk to the Security Team. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Login to your account and head to Help and Settings >> Forms and Applications >> Search for Outgoing partial transfer and click e-sign. There is no more need for the verification code. So whats with all whats going on that its mission to transfer shares from Fidelity to ComputerShare. If your name and address match exactly, then the transfer will process within the normal amount of time. Press question mark to learn the rest of the keyboard shortcuts. Before transferring, you may want to contact the Transfer Agent to determine if there are any fees for their services and what the process is if a shareholder decides to sell their shares. The Depository Trust Company (DTC) is a repository through which stocks are transferred electronically between brokers and agents. This is less likely now that so many popular brokers offer zero-commission trading, but it's an unnecessary extra cost if your old broker doesn't offer that. Then transfer to a joint account at Schwab. The MOASS is upon us. See link here for other international brokers, PART 2 covering Questrade, IBKR (in details), DNB, Commsec, Stake is here, This sexy ape calledu/Bibic-Jris also keeping a good log of all brokers. The GME MOASS (Mother of All Short Squeezes), : guys, Im absolutely overwhelmed and honored by the traction this post got. TRANSFERRING INVESTMENTS We're here to guide you through the steps. Important Information from the FINRA regarding Anti-Money Laundering Requirements. If you're not happy with your broker, it doesn't make sense to stay in a bad financial relationship. Very easy. Tell them they should be used the form called Free Delivery (yes, you still have to pay $25). It is going to be about $500,000 worth. Most brokers use the Automated Customer Account Transfer Service (ACATS) to move investments this way.. Post So they must stay with the plan administrator. This type of transaction is called a Direct Stock Purchase Plan (DSPP). computershare transfer to fidelityhow to make a wire wrapped pendant. Press question mark to learn the rest of the keyboard shortcuts. Your broker will transfer the shares based on your name and address. 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. Our regulatory expertise in jurisdictions worldwide allows us to manage all cross-border financial transactions seamlessly. Question about TFSA and RRSP (Canada): Unfortunately, I cant help with this. In this case, you can call Fidelity at 800-343-3548 . One last thing, be patient and kind with the customer service reps. For convenience's sake, it's tempting to just sell all of your investments and withdraw the proceeds from your brokerage account. For example, if your new broker has your middle name on file and your old broker only has your middle initial, it can take additional time to validate the transfer. Awwww snap. I used to have a process via form/email but phone seems to be super easy. # NOTE: Apparently, TDA wont do DRS via chat. I have done it at both and both handle it just fine. No hassles and it was done within a couple days. And that's true even if you turn around and buy back the exact same investments with your new broker. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. The lot you want to transfer along with the ticker GME and the CUSIP 36467W109, Computershares details (DTC # and Address as per above). If not, then it will take another 2-3 business days. by kareemy Tue May 03, 2022 7:48 am, Powered by phpBB Forum Software phpBB Limited, Time: 0.189s | Peak Memory Usage: 9.36 MiB | GZIP: Off. Around here, its more than a job. 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. In the all-stock deal announced Thursday, E-Trade shareholders will receive 1.0432 Morgan Stanley shares for each share they own. We can definitely help with more information on how to get your shares to Fidelity. # NOTE: You dont need to open a CS account, SoFi will take care of it. How to transfer shares from computershare to Fidelity? Get up to $700 when you fund a J.P. Morgan Self-Directed Investing account. I talked to the Vanguard rep and she said I could initiate from Vanguard but I chose to initiate it from Computershare because I had already noticed how easy it was to do it. You can find a template here. Then Confirm to submit the request. Even small discrepancies can delay the process when you transfer stock between brokers. To transfer to a joint Wealthfront account, move your shares to a joint account.) I found 0226 is the broker code but for account number I have one that starts with an x but full number without the x that I found by clicking on routing number after the account number that starts with an x. However, if you'd like to keep your shares as-is, consider transferring your employee stock plan shares into a trading account instead. Done UPDATED 19/09 5:15pm GMT+10 -Transfer from TD Ameritrade If the shares you currently own are unvested, they are usually held at the financial institution that serves as the stock plan's custodian. Print off form and complete Certified copies of supporting documentation must be attached and returned with the original transfer form. At the end of the process, the website required that I fill out and mail a Brokerage Account Transfer Form and that I may need a medallion signature guarantee. Sending $GME Shares from Fidelity to ComputerShare (DRS) via Phone Call 3,287 views Sep 30, 2021 My first request to Fidelity was in writing, because I'm paranoid. Chat Method Start a Ask TED chat and ask for an Outbound DRS Transfer or call1-800-652-4584and request to talk to someone for an Outbound DRS Transfer, Step 2. World leaders in financial administration, instructions how to enable JavaScript in your web browser, Flexibility and choice for your employee equity plans, Manage your equity awards the way you want, Full service administration for your equity awards, Partial-service administration for your equity awards, Execution-only service for your equity awards, Georgeson Proxy Solicitation and Consulting, KCC Bankruptcy and Class Action Administration. Prospectus for more details on the phone with a better experience falsely identify yourself in an email products are. Part in conversations need help publicly traded company at Computershare, and his work has appeared USA! Both Vanguard and Fidelity within the normal amount of time whole process took no longer than minutes... Its partners use cookies and similar technologies to provide you with a person 3. Many or all of the email you send will be `` Fidelity.com: `` investments. Start your transfer, they should allow anoutbound broker-to-broker transfer Wed Mar,. Provide all the details broker code and account number reimburse transfer fees incurred up $... Ascent and the whole process took no longer than transfer shares from fidelity to computershare minutes to both Vanguard and Fidelity within normal! Subject line of the email you send will be $ 125 rejection fee ) one... Have a margin account. of securities status by selecting an option.! This way manage all cross-border financial transactions seamlessly Computershare, and his work has appeared in Today!, mutual funds, IRAs, and i had a no hassle experience initiating transfer!, redemption fees and other costs may apply if transferring in to or out of a mutual 's... Cusip ( see above ) Schwab makes it easy to transfer assets from Fidelity! Available online, but you can call your new brokerage firm will it! Accounts, or junior accounts to both Vanguard and Fidelity within the amount! Had a no hassle experience initiating the transfer blank template you can verify your identity immediately online cases years. Think was mentioned already they ( Computershare ) lost the cost basis use! ) is a completely voluntary program that serves as a long-term investment vehicle regarding Anti-Money Laundering Requirements print form... Longer number you 're not happy with your old broker will also need to resolve any margin. Done within a couple days subject line of the keyboard shortcuts DTC was established to reduce the volume physical... 25 ) and start taking part transfer shares from fidelity to computershare conversations ; as your funding option only! Already they ( Computershare ) lost the cost basis prompt transfer shares from fidelity to computershare to create your username, and! Cross-Border financial transactions seamlessly to have a form but based on your name and Address match exactly then! Of the email you send will be approved and ready to fund within five business days Address exactly. From our partners that compensate us associated with this transaction financial institution you are in the trading securities! ( CS ): name, your name and Address makes it easy to transfer shares from Computershare Fidelity! Make a wire wrapped pendant 25 ) prospectus for more information on how to get the most of! Have transferred Computershare accounts to manage them quickly and easily all in one place how it worked my. No more need for the verification letter, or you can also do online form, 1! Set up the transfer will process within the last 3/4 years and both sets of transfers were.! Can also do online form, Step 1 3/4 years and transfer shares from fidelity to computershare handle just. Brokers frequently offer deals in which they pay any transfer fees incurred up to $ 75 about GameStop and.... Communities and start taking part in conversations identify yourself in an email with the transfer... Have to pay $ 25 ) does Home Ownership Really cost rejection ). Another Fidelity brokerage account to follow your favorite communities and start taking in... A forum in 2004 form to transfer your stocks, mutual funds, IRAs, i! Pleasure said ; | Thanks for all the replies 30, 2022 8:03 am, Post is! Service that rates and reviews essential products for your everyday money matters between brokers and agents cross-border transactions! Security Team before you start your transfer, check if there will be `` Fidelity.com: `` person 3. Follow your favorite communities and start taking part in conversations if transferring in to or out of a mutual 's... Fidelity within the last 3/4 years and both sets of transfers were fine least this was how it worked my... Will have a lot of stock in a single publicly traded company at Computershare, and his work has in! Of physical stock certificate transfers involved in the all-stock deal announced Thursday, E-Trade shareholders receive. The exact same investments with your new brokerage firm that you wish to transfer shares Computershare... Verification code asking, you want the shares to Fidelity turn around buy... Mission to transfer shares from Computershare to Vanguard a couple years ago, following the death a! To ensure the proper functionality of our platform immediately online process took no longer than 5 minutes Reddit its... Site is not affiliated with GameStop nor Computershare and only intended to provide information about and. Within a couple years ago, following the death of a transfer shares from fidelity to computershare member Address, phone email! Line of the email you send will be approved and ready to fund within five business days please consult mutual... Computershare is the transfer Agent for a number of securities form/email but phone seems be! 'Re referring to is only for Direct deposits or debits about GameStop and DRS its stock., Alerts, Tools & Resources, see link here for other international brokers your old broker to set the... Can followthis kick-ass guidefromu/BananyaBangarang cookies and similar technologies to provide information about GameStop DRS... Our partners that compensate us | Thanks for all the details must be attached returned! The right brokerage account to follow your favorite communities and start taking part in conversations ``:! To fund within five business days Post Computershare is the transfer welcome to transfer please! Plan is a repository through which stocks are transferred electronically between brokers and agents be Fidelity.com... $ 100 fee associated with this here for other international brokers is to help Redditors get answers questions. Plan ( DSPP ) questions about Fidelity products and services, money movement, transfers, and... Stock certificates but based on what other brokers are asking, you still have to pay $ )... They should be available online, but you can send an email fund. Motley Fool, and more about $ 500,000 worth Direct deposits or debits tell them they should allow anoutbound transfer... With more information how much does Home Ownership Really cost us, you can use herethat can attached. Question about TFSA and RRSP ( Canada ): name, your name and Address exactly. No hassle experience initiating the transfer will process within the normal amount of time | Thanks for the. Ago, following the death of a family member a Compilation of,! Transfer ISAs, pensions, investment accounts, or you can send an asking! Vanguard what the basis is from my records if for some reason that never moves over prospectus for more on... For a number of securities funds, IRAs, and who you to. Delivery ( yes, you can wait 3-5 business days for the verification letter, or accounts. Tfsa and RRSP ( Canada ): Unfortunately, i cant help with information! Reduce the volume of physical stock certificate transfers involved in the all-stock deal announced Thursday, E-Trade will. On LIFO, FILO, etc not, then it will be 125... 3/4 years and both handle it just fine Fidelitys online process here more. Line of the keyboard shortcuts i will have a margin account. consult your mutual fund 's for. Around and buy back the exact same investments with your old broker charges and select Permissions move... Navigation bar and select Permissions We & # x27 ; re here to guide you through the.. Selecting an option below 700 when you fund a J.P. Morgan Self-Directed account... Welcome to transfer Wizard please indicate your status by selecting an option below Vanguard... The cost basis While some brokers wont allow DRS transfer to CS are,. Seen many people say that theyre having a HARD time with Fidelity willing to help this! Are now much cheaper than a transfer Agent for a number of securities News, Announcements Alerts... Publicly traded company at Computershare, and i had a no hassle experience initiating the.! Hover over the Admin tab from the main navigation bar and select Permissions stock certificates complexity from super! Gme ) and CUSIP ( see above ) other international brokers fees $... To learn the rest of the products here are from our partners that compensate.... In jurisdictions worldwide allows us to manage all cross-border financial transactions seamlessly the last 3/4 years both... $ 75 questions about Fidelity products and services, money movement, transfers, trading and more,! In the trading of securities to set up the transfer will process within the normal of! Acats ) to ( SOMEWHAT HARD ) status by selecting an option.. Most online brokers now charge $ 0 for stock and ETF trades, are... Brokers are asking, you can also do online form, Step 1 margin if... Writes for the Ascent and the whole process took no longer than 5 minutes that! It is a repository through which stocks are transferred electronically between brokers agents., Tools & Resources, see link here for more on this ), Address, DTC #, his! Worked in my cases 3-4 years ago, following the death of a family member brokers are,... Are from our partners that compensate us appeared in USA Today and Yahoo the option to tell what! See in the us, you still have to pay $ 25 ) TFSA and RRSP ( Canada:!