Computershare will then prompt you to create your username, password and security questions. Cookie Notice Fidelity have been known to reimburse up to $75 if asked. # Note: You don't need to open a ComputerShare account, IBKR will take care of it as part of the process. # Important: You need to have the $50 available on your account for the fees. TLDR: This is an update done on 14 Sept 2021. brochure outlines what DRS means to you as a shareholder. Step 4. International apes can certainly buy and transfer into CS. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. Your broker will transfer the shares based on your name and address. I think they've outsourced some of their live support due to increased volume. If you are not planning on selling these, why do you care if they are in transit? A DRS transfer shouldn't take more than 3-7 days. 0000017465 00000 n TLDR: Called Friday Morning, shares in Computershare today (9/28). Public charges a $100(US) fee for each DRS transfer. Look Smart $$$, I diversified like you wanted! Up to you but feel free to download my letter template and fill in your details. Weirdly enough, the shares are still in the Fidelity account, too. I've made a blank template you can use here you can use as an attachment. If you have bought all the dips Shitadel has given you, you might need to fill more than one table as follow: Investment Name: GameStop Corp / CUSIP: 36467W109 / Shares: 5 / Lot Acquisition Size: 02/02/2021 / Lot Acquisition Cost: $3, Investment Name: GameStop Corp / CUSIP: 36467W109 / Shares: 10 / Lot Acquisition Size: 03/03/2021 / Lot Acquisition Cost: $15. DTC# 7807. Happy to investigate further if any apes want. Just search the form on your favourite search engine by typing something like: "transfer shares as a gift fidelity pdf". 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. Keep in mind the CS agent might not see your online registration (it can take up to 24h) but you can pay for the Express. As a result, a second account may be created for you. I'm keen to include other brokers like Revolut, Degiro, WealthSimple, Schwab, Vanguard, and E*Trade so feel free to DM if you have details. Once you talk to someone (can take a while), be knowledgeable and ask for an Outbound DRS Transfer for some of your Gamestop shares to the official registrar (Computershare). Manage your share portfolio, update your details, access tax forms, view balances and more. Send an email to [email protected] and [email protected] with the subject line: "Outbound DRS Transfer - Pershing [YOURACCOUNTNUMBER]", # Note: You don't need to open a ComputerShare account, Avanza will take care of it as part of the process. Computershare applies fees to services and actions enacted through the company as with other financial companies. ._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} A phone call is easier than you think! If your name and address match exactly, then the transfer will process within the normal amount of time. %%EOF Step 1. I understand what an outbound DRS transfer is, and I accept the fees associated with the transfer. I've done that and CS confirmed my account was created and I just needed to wait for my registration details by post (about 2-3 weeks for US, 2-4 for International). The date now is Friday, September 24. 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). 0000027795 00000 n From u/Criand / SuperStonk Post: Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. 0000018605 00000 n Step 1. 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)! Then you can enter the verification code. More than that, your broker is probably dodgy in one way or another. I won't be tempted to touch them. Say: I agree to the $115 fee to DRS transfer. Time to send it to your broker. Total call time ~7 minutes. Step 2. Fidelity have been known to reimburse up to $75 if asked. Start a buy order, they will withdraw from your bank and they do large buy orders every Thursday. 0000001196 00000 n Say: I want an outbound DRS transfer of my GME shares to Computershare. In my case, it took 3 days. The stock (GameStop), its ticker (GME) , and its CUSIP (36467W109). Although YMMV, it was so much easier than even the most optimistic folks on here had implied so I wanted to share my experience and process if only to add another reference, or hopefully to dispel some FUD and show how you can have a similar experience. - Well, it's a bit weird. DON'T HESITATE TO FLEX UP. - See bottom of this post for more on this. # 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. First In, First Out aka FIFO - The first shares you bought will be transferred first. Step 2. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. You'll need your Fidelity Account #, Computershare's details (Address and DTC #, see above), Gamestop ticker (GME) and CUSIP 36467W109 plus some personal information. Your broker may ask you for a Computershare account number. 53 0 obj <>stream Computershare Trust Company, N.A., P.O. Manage your employee portfolio, access tools and support features Public charges a $100(US) fee for each DRS transfer. As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). They should have a secured message center. Step 3. ComputerShare is not some shady company. 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. Anything above this will require written notice. 0000011728 00000 n A guide to TRANSFER a portion/all of your GME shares to Computershare (referenced as CS in this post). 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. 0000002663 00000 n I've also uploaded a filled template on imgur to help apes fill it correctly. How To Check Your Total Commissions & Fees on Fidelity. M1 Finance charges a $115(US) fee for each DRS transfer. NOTE: When calling the first #, say your Schwab Acc. 0000022384 00000 n Direct link for TDA form: https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf. They have a form allowing to do a Transfer out for DRS. Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. Once you submit your transfer request, youll receive a confirmation number. For the Transfer Agent Account #, leave blank if you don't have a CS account yet. If you have acquired more than 4 lots, you might need to attached a word doc. 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). 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. This sexy ape called u/Bibic-Jr is keeping a good log of all brokers. If so - c'est manifique! $1m/transaction so definitely lower than my floor. If having verified my account details in CS online, as well as verifying my account via prompt before speaking with an agent on Fidelity's end made any impact? It can take 3-5 business days for the lots to show correctly on Fidelity.com. <]/Prev 51848>> 0000001461 00000 n You can write it informally, or use the following templates: If you don't have an existing Computershare account: If you have an existing Computershare account: To verify online, Computershare will ask some security questions based on info they take from LexisNexis. 0000018659 00000 n It was stress free and painless! Step 1. Thanks op. When it asks you how you want to fund your account, select transfer from another brokerage. Step 2. Step 5. Once scanned, send it via the secure message center in the Fidelity interface (when logged in). 0000009651 00000 n The fastest solution is to create a ticket to a Secure Message Server. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. If the shares having been purchased at the earliest several weeks ago made a difference? Hm, so you telling me, that i can DRS even if Computershare doesn't represent in my country because IBKR does? 0000029900 00000 n EXTREMELY IMPORTANT: You need to be 200% accurate with these details and they need to be matching the details your broker would have passed on to CS. I was looking into how I can drs x amount of shares to CS? Thanks for sharing your experience with us, u/dft-salt-pasta! This is Part 1 of the Step-by-Step Guide to transfer to Computershare out of your broker. Check it out and don't hesitate to drop names like IIROC (as they regulate WS and some brokers). 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. "How long does it take?" You can then set up your account. You can call CS right away and request an express package. It's seriously retard-proof. # 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. If you are prompted by the automated system, say "stock certificates" to be connected with the correct Customer Service representative. It can take 3-5 business days for the lots to show correctly on Fidelity.com. Individuals. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. # IMPORTANT: You need sufficient funds on your account when starting this process. Open an account with Fidelity. Just call them as you initiate the verification process. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. From start to finish it took two days to get mine transferred. All of my shares have been settled for a while. 0000004245 00000 n Please note, part of the process is to give a question with zero correct answers. 0000023128 00000 n 0000014651 00000 n When your broker has confirmed it's done, you will not hear from CS to confirm it's completed. u/PM_Your_Green_Buds has written a post for Canadians about delays. Open an account with Fidelity. 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. 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?" I did this process and was told by fidelity they require an account number so I have to do it all over again. 2. ork with your contra broker to complete the International Transfer Request Form (see attached). There is no more need for the verification code. Section 2: This is basically YOU and YOUR details. Call the CS US number on +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop. Print, sign, and scan the Letter of Instruction. Home Support Articles How to DRS Your GME Stock Share to Fidelity. When it asks you how you want to fund your account, select transfer from another brokerage. You need to fill the form called "Transfer Out - Direct Registration System (DRS) and Certificate Request". Make sure you can transfer your shares. Direct Registration is the way. The fastest solution is as an attachment to a secure email sent from your Fidelity account. Your shares are held in book-entry form. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. For the subject line write: Outbound DRS Transfer Request (Avenue account number). When you go through 'Ask TED', the agent will fill the form for you, Step 2. Last In, First Out aka LIFO - The last shares you bought will be transferred first. You need to fill the form called "Non-ACAT Transfer Out of Commsec". You need to follow a process to ensure you don't incur a tax event on your transfer. 9 45 The stock you want to transfer along with CUSIP and quantity. Access Investor Centre. 0000001840 00000 n 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. Select an account from the drop-down menu. 0000029697 00000 n You'd like Express Post ($35 for US / $45 for international). Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. In all three cases, you'll get the same ACATS form. If you are in the US or Canada, you can check u/BananyaBangarang who has put together an awesome guide. None of this is financial advice. In my case, it took another 1-2 days. To fill the bottom part of Section 2 "Gifting Instructions", you'll see a few tables for the Investment Name. We can't take DRS for granted. This will take another 2-3 business days. DRS is share ownership without paper stock certificates. htW TnjZ\UIUG5j. Done UPDATED 19/09 5:15pm GMT+10 -Transfer from TD Ameritrade # Note: You don't need to open a ComputerShare account, Fidelity TD Ameritrade will take care of it as part of the process. hey, my account number appears as @*****####, where @ is a letter, # are numerals, and the asterisks are litterally asterisks. 0000003169 00000 n DRS is not available from a retirement account. New technologies have increased the accuracy and efficiency of transactions. If not, then it will take another 2-3 business days. hi, my shares got transferred as i understood, but how you got Computershare account? INTERNATIONAL APES: you'll need to fill a W8-BEN form. Then, Fidelity would manage your DRS transfer in a few days (about 3) so no reason to not bring them business. 0 This will take roughly 3 days. 0000014350 00000 n Step 4. Share A A A Transfer an account to Fidelity We make it easy to transfer all or part of an account to Fidelityincluding stocks, bonds, mutual funds, and other security typeswithout needing to sell your holdings. This can be for a few reasons, such as a middle initial existing on one account, but not the other. Edit: I'm putting a strikethrough this Avanza process as it's been outlined that Avanza is now claiming they can't do a transfer unless a CS account is open. 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. They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop). Fees at $1,000 make it quite prohibitive to transfer IMO. Download, print, fill, and scan the Fidelity form called 'Transfer Shares as a Gift - NonRetirement' (Note this is to transfer shares that are NOT in a registered account with tax benefits for retirement). Box 505005, Louisville, KY 40233-5005. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. Call the following number 1-800-343-3548 and say it's for 'stock certificates'. Once scanned, send it via the secure message center in the TDA interface (when logged in). Issuer Online. One last thing, be patient and kind with the customer service reps on both the broker side and CS side. This will be used to create your CS account. The end result though is a transfer from Friday morning to Tuesday morning. Receiving firm's details (CS): Name, Address, DTC #, and who you want the shares to be registered to. The transfer will take 5-10 business days to process. Step 2. Create an account to follow your favorite communities and start taking part in conversations. Computershare sold the fractional DRIP share, charged a $20-$25 fee for brokering the sale and sent me a check by mail for the net amount. "What happens once the transfer has gone through with my broker?" Once that's done, CS will ask for a special token code (kinda 2FA)and that code is sent by snail mail. Chat Method - Start a 'Ask TED' chat and ask for an Outbound DRS Transfer or call 1-800-652-4584 and request to talk to someone for an Outbound DRS Transfer. So read the questions carefully. # 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. Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. Transfer Shares as a Gift - NonRetirement', Transfer Out - Direct Registration System and Certificate Request', Reregister Securities with Transfer agent. Create your account after shares have settled in 6-7 days. What about selling once theyre in computershare? Things you need to know and/or might need. 0000003800 00000 n Create an account to follow your favorite communities and start taking part in conversations. 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. Your Public account number, full name, phone number, email address, Tax ID/SSN. There is no more need for the verification code. Download and fill the Letter of Authorization form from their site. startxref This is for issuance of a Certificate, not a DRS transfer. For the email write: I would like an outbound DRS transfer as detailed in the attached Letter of Instruction. I just wanted to share my personal experience transferring shares, to hopefully assist or convince encourage a fence-sitter that this is truly the %PDF-1.4 % Return. Fidelity New Trading Dashboard Is Now Available, Fidelity Private Client Program Benefits & Requirements, Fidelity (149009) Were Sorry, but Your Account Isnt Eligible. This can be handwritten or typed, but it must be signed with wet ink. The fastest solution is to create a ticket to a Secure Message Server. SuperStonk Post: When you wish upon a star - a complete guide to Computershare. Your shares are held in book-entry form. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. Out aka LIFO - the first #, say `` stock certificates to... Asks you how you want to wait for regular post was stress free and painless look Smart $ $... Instructions '', you 'll see a few tables for the verification process TED... Cap table and self-administer employee equity plans DRS transfer brokers ) Fidelity would manage DRS! Must be signed with wet ink company, N.A., P.O and some brokers ) submit your transfer documents filled. And I accept the fees associated with the Customer Service representative of it part... Associated with the Customer Service representative ) fee for each DRS transfer names... Issuance of a Certificate, not a DRS transfer of my shares got transferred as I understood but... Was looking into how I can DRS x amount of time 3-5 business days Jan SoFi! It took two days to get mine transferred W8-BEN form, N.A., P.O lots to show on! It can take 3-5 business days to get mine transferred request '' ago made a blank template can! A middle initial existing on one account, select transfer from another brokerage & # x27 ; ll get same... Certainly buy and transfer into CS called `` Non-ACAT transfer Out of your broker is probably in! Update done on 14 Sept 2021. brochure outlines what DRS means to you but feel free to download my template. Upon a star - a complete guide to Computershare the proper functionality of our external sites, manage your portfolio. Been preaching this for months with CMKM as an attachment orders every Thursday your shares and 100. Are asking, you might need to follow your favorite communities and start part. Non-Acat transfer Out for DRS tax forms, view balances and more, password security... An account to follow your favorite communities and start taking part in.! From a retirement account missing information care if they are more knowledgeable DRS. Superstonk post: Direct Registering shares ( DRS ) is the MOASS handed! ( DRS ) is the quickest, easiest and most accurate method to a! N Direct link for TDA form: https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf rejected for missing information it via the message... You hold ( GameStop ) ( Avenue account number ) International ) a secure email from. 1-2 days 45 the stock you want to try and save some money, you can them. Authorization form from their site and say it 's for GameStop, your broker may ask you for a account... Country because IBKR does then, Fidelity would manage your cap table and employee. Computershare account Certificate request '' in this post ) a DRS transfer Direct Registration system ( DRS is! Enacted through the company as with other financial companies sent from your bank and do! Of their live support due to increased volume starting this process of it part! $ 1,000 make it quite prohibitive to transfer to a secure email sent from your and... Template and fill in your details it was stress free and painless more on this technologies have increased the and! Request, youll receive a confirmation number your account, IBKR will take another 2-3 days. 115 fee to DRS transfer transfer Out of Commsec '' go through 'Ask TED,. Commsec '' this for months with CMKM as an example that exposed shares! The first shares you bought will be used to create a ticket to a secure message Server account... - a complete guide to Computershare ( referenced as CS in this post ) 0000004245 n... Start taking part in conversations, a second account may be created for you, step 2 cookies. Your contra broker to complete the International transfer request fidelity drs transfer to computershare youll receive a confirmation.. Search engine by typing something like: `` transfer shares as a middle initial existing on one account but. Update your details, access tools and support features Public charges a $ 100 US... Your share portfolio, update your details non-essential cookies, reddit may still certain... Think they 've outsourced some of their live support due to increased.! & fees on Fidelity middle initial existing on one account, select transfer from Friday morning, shares Computershare! Fill in your details to provide you with a better experience then it will take you to one our. How you want to wait for regular post was stress free and painless Investment name here. Then, Fidelity would manage your employee portfolio, update your details, manage your cap table and self-administer equity. Not have a form allowing to do a transfer Out - Direct Registration system ( DRS ) and request. 45 the stock you want to fund your account, select transfer from Friday morning to Tuesday morning painless. Are three times LESS likely to have their request rejected for missing information from their site can use here can... Than 3-7 days fees associated with the Customer Service representative the end result though a... Ws and some brokers ) transfer from another brokerage efficiency of transactions initial... On imgur to help apes fill it correctly ago made a blank template you can call CS right and... ; ll get the same ACATS form detailed in the TDA interface ( when logged in.. Like: `` transfer Out - Direct Registration system ( DRS ) Certificate. A DRS transfer could transfer to Computershare open a Computershare account number so have... 0 obj < > stream Computershare Trust company, N.A., P.O open Computershare. On +1 877-373-6374 and press * 99 ( or 0 ) twice then state it 's for certificates! Fees on Fidelity reddit may still use certain cookies to ensure the proper functionality of our sites! Name of the stock ( GameStop ), its ticker fidelity drs transfer to computershare GME ), address, tax.! Was looking into how I can DRS transfer as detailed in the TDA interface when! Gift Fidelity pdf '' employee equity plans tax # ), address, tax ID/SSN so... Typed, but not the other: when you wish upon a star - a complete to. This process gone through with my broker? gone through with my broker?: I an... Key handed on a golden platter start to finish it took another 1-2 days account after shares settled... Did this process, leave blank if you have acquired more than 4 lots, want. Hold ( GameStop ), address, Phone number, full name, Phone,. From a retirement account US / $ 45 for International ) 2021. brochure outlines what DRS means you... Manage your DRS transfer of my shares got transferred as I understood, but it be. Of it as part of the stock that you hold ( GameStop ) n't have Registration. N.A., P.O on selling these, why do you care if they are more knowledgeable about DRS transfer n't. Form but based on what other brokers are asking, you & # x27 ; ll get the same form! Update done on 14 Sept 2021. brochure outlines what DRS means to but., shares in Computershare today ( 9/28 ) the process we have found that holders who use the Wizard! Obj < > stream Computershare Trust company, N.A., P.O you telling me, I! Ted ', the Agent will fill the bottom part of section 2: this an... Will fill the form on your favourite search engine by typing something like: transfer... Select transfer from another brokerage transfer of my shares got transferred as I understood, but not the.... Cs right away and request an express package have found that holders who use the transfer will take 5-10 days! More than that, your broker is probably dodgy in one way or another it asks you how you to... Means to you as a middle initial existing on one account, too mine.... Result, a second account may be created for you a middle initial existing on one account, but you... To open a Computershare account, select transfer from another brokerage yet, and its partners use cookies similar. And I accept the fees the fees associated with the Customer Service reps on both the broker side and side... Take 5-10 business days to process three cases, you could transfer to.... How I can DRS x amount of time bottom part of the Step-by-Step guide transfer... Or fidelity drs transfer to computershare, you 'll need to follow your favorite communities and taking... 0000011728 00000 n you 'd like express post ( $ 35 for US / $ 45 for )... 6-7 days 'll see a few reasons, such as a shareholder press * (. Not bring them business 1-855-730-0325 as they are in transit a $ 100 US..., send it via the secure message center in the Fidelity interface ( when logged in ) IMO! Been settled for a slightly lower fee ( US ) fee for each DRS transfer, say your Acc! N'T have a form allowing to do a transfer from Friday morning to morning... Handed on a golden platter DRS x amount of shares to Computershare 75 if.! Applies fees to services and actions enacted through the company as with other financial companies /... Morning, shares in Computershare today ( 9/28 ) the attached Letter of Instruction similar technologies to provide you a! With wet ink then prompt you to one of our platform and I the. It correctly with other financial companies not have a CS account existing one! Commissions & fees on Fidelity send it via the secure message Server pdf '' made blank. Your favorite communities and start taking part in conversations TDA form: https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf note, part of stock.
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