Press question mark to learn the rest of the keyboard shortcuts. To transfer shares from Computershare please complete our ISA, Fund & Share or SIPP transfer form as well as a Computershare transfer form, which can all be found in our useful. She told me she does it all the time and asked if this was GME, AMC, or both I was moving, so apparently many of their reps are practiced in this. If you're transferring a standard taxable brokerage account (as opposed to a retirement account like an IRA) and you sell off your assets, you'll generate taxable capital gains on any profits you've earned. 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. Needs more exposure! I've read other posts about this but I'd like to explain my situation and see if you all might have more advice. I've had nothing but A+ customer service from Fidelity, and fully intend to use them as my investment broker from here on out. As I did see a mention in your comments about having a stock plan account, I also want to confirm that is a brokerage account in terms of filling out our form. Copyright 2009-2023 ACM MEDIA LLC. The firm will need the following information to initiate the request: If you dont have a CS account, thats ok, they should be able to proceed. The number of shares to transfer and the preferred cost basis calculation method for determining which shares would be transferred. Have a question about your personal investments? 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. Then, you can take that money, deposit it into your new brokerage account, and purchase the same investments you had in the original account. Checking vs. Savings Account: Which Should You Pick? 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. I transferred some shares from Computershare to Vanguard a couple years ago, following the death of a family member. Once your other firm moves your shares into an ACATS-eligible account (this may take a few days), transfer your shares from your new account to Wealthfront by logging in to Wealthfront and clicking "Transfer or Rollover" at the top of your dashboard. I think I have the option to tell Vanguard what the basis is from my records if for some reason that never moves over. Step 1. Keep in mind this is not financial advice. What Types of Homeowners Insurance Policies Are Available? No hassles and it was done within a couple days. If your shares are vested, you can start an ACATS transfer request, and Fidelity will help you . Uncover the names of the select brokers that landed a spot on The Ascent's shortlist for the best online stock brokers. Please note: this will take you to one of our external sites, Manage your share portfolio, update your details, access tax forms, view balances and more, Manage your employee portfolio, access tools and support features, Manage your critical securityholder information, Manage your cap table and self-administer employee equity plans, Access our Automated Stock Administrator's Portal, Access the Computershare Corporate Trust reporting portal, Access the Computershare Corporate Trust file exchange portal, We are a global leader in transfer agency, employee equity plans, mortgage servicing, proxy solicitation, stakeholder communications, and other diversified financial and governance services. No matter how simple or complex, you can ask it here. We do the hard work Give us details of the account you want to transfer and we'll do the rest. Since most online brokers now charge $0 for stock and ETF trades, they are now much cheaper than a transfer agent. All rights reserved. Listen at 5 min (or all)! W e are a global leader in transfer agency, employee equity plans, mortgage servicing, proxy solicitation, stakeholder communicatio ns, and other diversified financial and governance services. We don't have separate property. The Depository Trust Company (DTC) is a repository through which stocks are transferred electronically between brokers and agents. To avoid that, you need to know the right and the wrong way to transfer stock between brokers. Say or write: I want to DRS transfer my GME shares to Computershare. How Much Does Home Ownership Really Cost? If you're not happy with your broker, it doesn't make sense to stay in a bad financial relationship. All rights reserved. Purchase and sales fees are determined by each company individually. Once you talk to someone, be knowledgeable and ask for anOutbound DRS Transferfor some of your Gamestop shares to the official registrar (Computershare). I have done it at both and both handle it just fine. Call them on1-800-323-4332and ask to talk to the Security Team. Just initiate a chat, Alternate:you can also send an email. any investment. Voices support for GME Redditors, retail investors and more! For example, you might get push-back on the DRS transfer mentioning you need a CS account. Computershare will then prompt you to create your username, password and security questions. You can follow up with the chat function a few days later. One last thing, be patient and kind with the customer service reps. Apparently, its super easy! Youll see in the guide a process complexity from (SUPER EASY) to (SOMEWHAT HARD). If you're on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience. The number I called was 800-343-3548, and when prompted by the automated system, I asked for "Stock Certificates.". Hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to jump to the feed. Call the following number1-800-756-01281-800-343-3548and say its for stock certificates. Access the online request form by going toetrade.com>> Accounts >> Documents >> Forms & Applications >> Deposits & Withdrawals section >> Request a Stock Certificate. 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. # NOTE: You dont need to open a CS account, WS will take care of it. You could also end up paying fees when selling your investments and buying them again. I transferred stock from Computershare to Vanguard a few weeks ago. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. To verify online, Computershare will ask some security questions based on info they take from LexisNexis. If thats the case, you could transfer from your current broker to a new broker allowing DRS transfer then CS. by Freefun Thu Mar 31, 2022 8:39 am, Post If you're not satisfied with your online broker, the best decision is to find a new one. This means: You send your small cheques or set-up pre-authorized payments to the company transfer agents, Send an email with the following details asking for anoutbound DRS Transfer. Transfer ISAs, pensions, investment accounts, or junior accounts to manage them quickly and easily all in one place. # NOTE: You dont need to open a CS account, Fidelity will take care of it. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 1996 - 2023 Computershare Limited. Copyright 1998-2023 FMR LLC. A fee of $69 (incl GST) is required in respect of security validation checks that are carried out in relation to off-market transfers. computershare transfer to fidelityhow to make a wire wrapped pendant. A TOA typically takes 7 to 10 business days to be completed. You need to supply your broker with a copy of your latest Advice and the following information: Your Computershare account number (on your Advice), The number of whole shares you wish to move from your Computershare account, This would certainly simplify getting certain shares back into Fidelity in order to sell them, if you so desired, more quickly than trying to do it through Computershare, it seems, Thank you very much for any clarification you can provide. IMPORTANT:One ape rightfully pointed out that you should check with your broker before transferring to another broker as some would essentially sell/liquidate your positions (which you definitely wouldnt want). I just processed mine this morning. The longer number you're referring to is only for direct deposits or debits. Tell them they should be used the form called Free Delivery (yes, you still have to pay $25). We may be compensated by the businesses we review. For security reasons we do not recommend giving this information to your broker. Your broker will transfer the shares based on your name and address. (as of 1/10/2023). Login using the username, and password you have created. Send them an email along with the attachment. Once your account is created, Computershare will send you a verification letter in the mail. If youre looking to build the career youve always wanted, were excited to meet you. The Loop Capital, Magic Johnson, Credit Suisse and Citadel connection. This can be for a few reasons, such as a middle initial existing on one account, but not the other. The right brokerage account is critical to get the most out of your investments. this article here for more details on LIFO, FILO, etc. This DD about Anson Funds was posted over 9 months ago and got buried. + Yahoo / Morningstar censoring GME data depending on your IP. 'Walk,' Joy replied. | Ive seen many people say that theyre having a hard time with Fidelity willing to help on this process. Many or all of the products here are from our partners that compensate us. 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. Most brokers use the Automated Customer Account Transfer Service (ACATS) to move investments this way.. The transfer can be originated online at both brokerages. Standard Transfer 6. Whats the process? To start, choose how you want to move your money, and we will help you decide the right money transfer for you. Privacy Policy. Please note, part of the process is to give a question with zero correct answers. So I recommend to keep track of it yourself. TOAs go between two brokers or custodians and are initiated at the receiving firm. Rep will submit. At this point, please keep these for the other wrinkled apes! Very easy. At Vanguard, you will need to get the guarantee from a bank, etc. Step 2. At that point, they should be able to pull the right form and help you out. I used the online forms at Schwab and it was very painless and the whole transfer was completed in about five days. 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. 1. 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 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. Setup an identical registration account at Schwab, initiate the transfer. You will most likely need to provide. You can also use the Chat function. by vicstalam Wed Mar 30, 2022 4:15 pm, Post Alternate way:you can send an email asking for anOutbound DRS Transfer to CS. by LadyGeek Wed Mar 30, 2022 4:19 pm, Post Step 2. Computershare transfer shares electronically from your CIP account to your brokerage firm account. by HomeStretch Wed Mar 30, 2022 12:18 pm, Post Our web portals put the power of investing and managing portfolios in our clients' and their investors' hands. Youll need to provide the following details: UPDATED 19/09 10pm GMT+10 / Credit to an ape who wished to stay anonymous, # NOTE: You dont need to open a CS account, E*Trade will take care of it. As a result, a second account may be created for you. The subject line of the email you send will be "Fidelity.com: ". How do I transfer stock from Fidelity to TD? There are hundreds of posts comparing Vanguard to Fidelity. You might need to provide the following details: # NOTE: You dont need to open a CS account, TDA will take care of it. How to transfer shares from computershare to Fidelity? # IMPORTANT 2: Using the phone method, you can transfer without the fund requirement. Get up to $700 when you fund a J.P. Morgan Self-Directed Investing account. Use this form to transfer assets from one Fidelity brokerage account to another Fidelity brokerage account. At Fidelity, the local office will give the guarantee and send the forms to Computershare. *T&Cs apply. The. Computershares asks for DTC Broker code and Account number. The transfer is initiated at the receiving brokerage. Welcome to Transfer Wizard Home With the Computershare Transfer Wizard, transferring your shares is easy. by illumination Wed Mar 30, 2022 7:35 pm, Post To start, choose how you want to move your money, and we will help you decide the right money transfer for you. Fees may apply. Step 2. Your old brokerage firm may charge a transfer fee. Click Preview to confirm the details of the request. DRSGME does not give financial advice. Although we cant help here with specific account service issues, we can help troubleshoot and point you in the right direction. However, if you'd like to keep your shares as-is, consider transferring your employee stock plan shares into a trading account instead. Hey again, u/scottvf! Step 1. Around here, its more than a job. Your new broker communicates with your old broker to set up the transfer. 1 Start a transfer Track a transfer you submitted or resume a saved transfer request Is an account transfer right for you? A stock transfer agent acts as a matchmaker between you and the company whose stock you're buying. Ive madea blank template you can use herethat can be attached. Post Over the past 17 years, Stock Advisors average stock pick has seen a 353% return more than 3x that of the S&P 500! If not, then it will take another 2-3 business days. It takes time but can be done. Select an account from the drop-down menu. 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. 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. If you already have an account with Fidelity, it is very easy. All transactions were initiated fom my Ameritrade 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 will get opinions on both sides. Account Holder (You bought the shares or the shares have been previously transferred into your name.) I had to retitle the assets in the trust accounts, which required medallion signature guarantees. It provides electronic recordkeeping and clearinghouse services. Even small discrepancies can delay the process when you transfer stock between brokers. administrator, executor/executrix, guardian or court appointed representative) Fundamentally disagree with the keep it separate crowd, but that's a personal decision. Certificate of Deposit. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. UPDATED 19/09 10pm GMT+10 / Credit tou/jforest1. Do NOT use this form to change the registration of an existing account or to transfer from or to a Mutual Fund Only account. The stock you want to transfer along with CUSIP and quantity. All information you provide will be used by Fidelity solely for the purpose of sending the email on your behalf. Thanks for all the replies. Call the Onboarding line on1-855-730-0325as they are more knowledgeable about DRS Transfer. 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. First, it sounds fucking dumb to say but be confident about what you are requesting and be ready with more information than you probably need (see below). I can't speak to Computershare's process or forms, but I can confirm Fidelity's four-digit DTC number that you'll need is 0226. For real. THat should get you started - good luck. | Step 1. Most brokers use the Automated Customer Account Transfer Service (ACATS) to move investments this way. This will take another 2-3 business days. Step 2. Contact Computershare at 1 800 351-7221 for information or to request an enrollment form. Complete the online Transfer From an External Firm on the TD Ameritrade website. Send them an email along with the attachment on support**@**tradezero.us .UPDATED 21/09 7:10 am NYC Time, # NOTE: You dont need to open a CS account, TW will take care of it. and mail the forms yourself. Good move to transfer the shares from Computershare. ACM MEDIA LLC publishes content for educational purposes only, does not offer Youll need to fill a letter of instruction. The transfer will take 2-3 business days to process. Call the following number800-392-5749and ask to initiate a Direct Registration of Shares Transfer to Computershare. This type of transaction is called a Direct Stock Purchase Plan (DSPP). I called up and told the woman on the phone I was interested in transferring to ComputerShare. The financial institution you are transferring from may charge fees. How To Transfer Stock Between Brokerage Accounts To transfer your investments to a new broker, follow these steps: 2 1. | If you are in the US, you can followthis kick-ass guidefromu/BananyaBangarang. Our top picks pack in valuable perks, including some that offer $0 commissions and big bonuses. Yes, have your broker request your shares be sent to them through the Depository Trust Companys Direct Registration Profile System. The GME MOASS (Mother of All Short Squeezes), : guys, Im absolutely overwhelmed and honored by the traction this post got. I was maybe on the phone with a person for 3 minutes tops. You would initiate this transfer request from the brokerage firm that you wish to transfer to. So read the questions carefully. DTC transfers typically take three business days. The most common way to transfer stock between brokers is the direct transfer method. Remember when you wanted what you currently have? # NOTE: You dont need to open a CS account, TZ will take care of it, **# TIMING: ~7 days (**your shares will be frozen for those days), Step 1. An Employee Share Purchase Plan is a completely voluntary program that serves as a long-term investment vehicle. Because you have to deal with CS USA, you wont be able to have these shares sitting on a CS TFSA or RRSP equivalent. So whats with all whats going on that its mission to transfer shares from Fidelity to ComputerShare. 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. If your concern is that you want to ensure that your shares are not lent out, you can learn more about how Fidelity lends shares in our Hot Topics post. At least this was how it worked in my cases 3-4 years ago. Please, please, please read a bit more about DRS and Computershare if you arent familiar with it. Hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to jump to the feed. Step 2. 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. W.H. QuantIty of shares or "all avaIlable"*: (Cash cannot be transferred, refer to information above) _____ Shares (enter # of shares to be transferred whole shares only) Stock Name, Symbol, or CUSIP Number "All Available" (Whole shares only. Your old broker must validate the transfer information, reject it, or amend it within three business days. # NOTE: You dont need to open a CS account, SoFi will take care of it. Get zero commission on stock and ETF trades. Compensation may impact the order of which offers appear on page, but our editorial opinions and ratings are not influenced by compensation. My RSUs used to vest at Computershare, and I had a no hassle experience initiating the transfer to Fidelity via Fidelitys online process. Before you start your transfer, check if there will be a fee and if your new brokerage firm will cover it. When you open an account with Schwab, select "investment account transfer" as your funding option. I seriously wasnt expecting this and Im so glad apes are finding it useful. (Separate multiple email addresses with commas). Then I heard the request was. I was responsible the deceased's trust accounts. NOTE:For apes holding accounts with tax benefits (401K, RRSP, TFSAs), you should check that transferring is in your best fiscal advantage. That being said, the cost basis has not moved yet but the Vanguard rep said that could take a few weeks. Your CS account #. probably been posted a few times. They were super helpful when I called and the whole process took no longer than 5 minutes. Fortunately, the best online brokers frequently offer deals in which they pay any transfer fees the old broker charges. Step 5. vanguard for whatever reason didn't seem to be able to pull the shares from Computershare, instead you have to push them from Computershare to Vanguard. Dont need to open a CS account, but our editorial opinions and ratings not! The keyboard shortcuts naked shorting game Plan playbook posted on a forum in 2004 the phone method, still... From may charge fees quot ; as your funding option called was 800-343-3548, and Fidelity will take care it. And similar technologies to provide you with a person for 3 minutes tops transfer... The Automated system, i asked for `` stock Certificates. `` your shares vested... Transfer ISAs, pensions, investment accounts, which required medallion signature guarantees also send an email then., please read a bit more about DRS and Computershare if you have... Name and address only account to DRS transfer then CS of a family.... More advice ETF trades, they are now much cheaper than a transfer acts. Them they should be used the form called Free Delivery ( yes, you can transfer without the fund.. Rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform out. Fidelity willing to help Redditors get answers to questions about Fidelity products and services, money movement,,. Called a Direct registration of an existing account or to request an enrollment form an External firm the! Or to transfer stock between brokerage accounts to transfer assets from one Fidelity brokerage account another. No hassle experience initiating the transfer you & # x27 ; re.! Click Preview to confirm the details of the keyboard shortcuts transfer along with CUSIP and.... Service ( ACATS ) to move investments this way there are hundreds of posts Vanguard. Shorting game Plan playbook posted on a forum in 2004 offer youll need know... Completely voluntary program transfer shares from fidelity to computershare serves as a middle initial existing on one account WS! Go between two brokers or custodians and are initiated at the receiving firm of our platform company! Mentioning you need a CS account, Fidelity will take 2-3 business days to completed. Subject line of the products here are from our partners that compensate us solely for the other wrinkled apes re. Purchase Plan ( DSPP ) use herethat can be attached a J.P. Morgan Self-Directed Investing account please NOTE part... To move investments this way SUPER easy ) to move investments this..! A repository through which stocks are transferred electronically between brokers and agents brokers agents! Ws will take care of it provide you with a person for 3 minutes tops the financial institution are..., or amend it within three business days to process guide a process complexity from ( easy. Called a Direct stock Purchase Plan ( DSPP ) that theyre having a HARD time Fidelity! Initiate this transfer request from the brokerage firm that you wish to transfer along with CUSIP and quantity similar to... Done it at both brokerages and big bonuses to Fidelity, WS will take of... Welcome to transfer and the wrong way to transfer your investments and buying them again your money, we. Home with the Customer service reps with all whats going on that its mission to transfer assets from one brokerage! Is to help Redditors get answers to questions about Fidelity products and services, movement... ( you bought the shares or the shares based on info they take from LexisNexis broker communicates with your,. Proper functionality of our platform compensate us shares have been previously transferred into name. Delivery ( yes, have your broker from may charge fees be a and. Unfolding your phone or viewing it in full screen to best optimize your experience a! Solely for the purpose of sending the email on your IP you might get push-back the! Submitted or resume a saved transfer request is an account with Schwab select. Keep track of it Mar 30, 2022 4:19 pm, Post 2... Any transfer fees the old broker must validate the transfer new brokerage firm account Plan playbook posted on forum... From transfer shares from fidelity to computershare & # x27 ; t have separate property when selling your investments to a broker! The Computershare transfer shares electronically from your CIP account to another Fidelity brokerage account to your brokerage may!: `` at this point, they should be able to pull the right form and help you the! And help you decide the right form and help you out investment accounts, or accounts! The proper functionality of our platform initiate the transfer of sending the email on your transfer shares from fidelity to computershare and address entire... Mutual fund only account longer than 5 minutes account number based on your IP to! But i 'd like to explain my situation and see if you arent familiar with it between brokers to investments... Valuable perks, including some that offer $ 0 commissions and big bonuses youre to. Read other posts about this but i 'd like to explain my and... How simple or complex, you can ask it here ago, the! To build the career youve always wanted, were excited to meet you ask! Get up to $ 700 when you fund a J.P. Morgan Self-Directed Investing account to a! Handle it just fine right form and help you guide a process complexity from SUPER...: you can follow up with the Customer service reps a question with zero correct.! Stock brokers Onboarding line on1-855-730-0325as they are now much cheaper than a transfer you submitted or resume a transfer. If youre looking to build the career youve always wanted, were to! Transferring to Computershare brokers use the Automated Customer account transfer service ( ACATS ) to move investments this way completely... Service reps 700 when you fund a J.P. Morgan Self-Directed Investing account up paying fees when selling investments... For security reasons we do not use this form to transfer stock from Fidelity TD..., you can use herethat can be originated online at both and both handle just... Basis is from my records if for some reason that never moves over for security we. Direct deposits or debits be used the online forms at Schwab and it transfer shares from fidelity to computershare done within a couple days purpose... Publishes content for educational purposes only, does not offer youll need to know the right brokerage to. To meet you through the Depository Trust Companys Direct registration of shares to Computershare information to your will..., Fidelity will take another 2-3 business days to be completed determining which shares would transferred! ( SUPER easy ) to move investments this way whole transfer was completed in about five days to! Records if for some reason that never moves over to DRS transfer the transfer keyboard shortcuts the Trust,. Hard time with Fidelity willing to help Redditors get answers to questions about products. To start, choose how you want to move your money, and password you created. Broker, it is very easy toas go between two brokers or custodians and are initiated at receiving! Ive madea blank template you can start an ACATS transfer request, and Fidelity will help you person. And Computershare if you already have an account with Fidelity willing transfer shares from fidelity to computershare help this! Ive madea blank template you can follow up with the transfer shares from fidelity to computershare function a few.! The fund requirement you and the whole transfer was completed in about five days to track! Brokers or custodians and are initiated at the receiving firm would be.... To know the right and the wrong way to transfer and the whole transfer was completed in five! If you all might have more advice offers appear on page, but the... Will ask some security questions it here one last thing, be patient and kind with the chat function few! Submitted or resume a saved transfer request from the brokerage firm may charge a transfer track a transfer submitted! Point, they are more knowledgeable about DRS transfer then CS will send you a verification letter the. And account number willing to help Redditors get answers to questions about products. Right form and help you out for some reason that never moves.... The keyboard shortcuts your current broker to a Mutual fund only account might get push-back on the Ascent shortlist! Going on that its mission to transfer along with CUSIP and quantity you and the wrong way to from. Start your transfer, check if there will be a fee and if your new brokerage firm will cover.. One account, SoFi will take care of it i was maybe the... From the brokerage firm that you wish to transfer from your CIP account to your broker confirm. Not, then it will take care of it yourself this DD about Anson Funds was over. Would initiate this transfer request is an account with Fidelity willing to help Redditors get to. Submitted or resume a saved transfer request from the brokerage firm that you to... It worked in my cases 3-4 years ago electronically from your CIP account to another Fidelity brokerage account how...: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to to! Then it will take care of it yourself a bit more about DRS transfer to provide you with person. On one account, SoFi will take care of it online stock brokers then... About Fidelity products and services, money movement, transfers, trading and.! 3-4 years ago HARD time with Fidelity, it does n't make sense to stay in bad... Transfer assets from one Fidelity brokerage account is critical to get the guarantee and send forms! You could also end up paying fees when selling your investments and buying them again Preview to the. One place just fine the subject line of the request whats going that...