Step 2. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). 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. Step 2. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. Your broker will transfer the shares based on your name and address. Indicate the number of shares for which certificates should be issued or a DRS transfer should be processed. Then, Fidelity would manage your DRS transfer in a few days (about 3) so no reason to not bring them business. "What happens once the transfer has gone through with my broker?" Fidelity to Computershare DRS transfer. From my POV, it's a plus. The Transfer Wizard will provide step-by-step instructions, walk you through the transfer process and assist you in completing the online form. etc). I stated the quantity of GME, and LIFO (Last In, First Out). "What happens if MOASS starts while the shares are being transferred?" - Really valid question and it's a personal choice again. Receiving firm's details (CS): Name, Address, DTC #, and who you want the shares to be registered to. 0000002663 00000 n Your broker may ask you for a Computershare account number. 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. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $115(US). As a result, some investors were not able to transfer their GME shares to Fidelity. Step 2. Do they use PFOF? You can also find the form online here but you'll then have to download, print, fill, scan and return. 0000009490 00000 n You need to fill the form called "Non-ACAT Transfer Out of Commsec". Basically, what lot do you want to transfer (date purchased, price, Symbol & CUSIP as per above), Section 3: Payment Method (make sure you have the funds), Step 1. In my case, it took 3 days. I just wanted to share my personal experience transferring shares, to hopefully assist or convince encourage a fence-sitter that this is truly the Call them on 1-877-284-9830 (Asset Transfer Team) or 1-800-323-4332 (seems like Schwab is pushing back on that second #) and ask to talk to the Security Team. Follow the steps and submit. Make sure you understand if that works for you and call it out to them if not. This is simply a gathering of information available publicly. hb```f`` m @195@W7y`Bi `:-- hA1*dkX]l/4H?"r^W5~| Ex{B@2aA V@pbf '5 If specific shares are indicated at the time one of our associates processes a Direct Registration of Shares (DRS) request, shares are sent to the transfer agent and the lot assignment request is processed separately. CS live chat was not particularly helpful. Step 3. This will take roughly 3 days. Login to your account and head to Help and Settings >> Forms and Applications >> Search for 'Outgoing partial transfer' and click 'e-sign'. The fastest solution is to create a ticket to a Secure Message Server. Direct Registration is the way. # NOTE: You don't need to open a CS account, Merril Edge should take care of it, # NOTE: Form is set for an automatic First in, First out. If your name and address match exactly, then the transfer will process within the normal amount of time. Call the CS US number on +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop. You can certainly transfer your Gamestop shares from Computershare to Fidelity. For a successful DRS transfer, your Fidelity account must also be in good standing, and there is no margin debit balance. Direct link for TDA form: https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf. DRSGME does not give financial advice. This will take another 2-3 business days. You contact Commsec for that form or download it using the link below. If you start subsequent DRS transfer and want these shares to go to your existing CS account, quote your CS account number to your broker. When your broker has confirmed it's done, you will not hear from CS to confirm it's completed. If you are ready to start the process of direct registration (DRS) for a non-retirement Fidelity account, please give us a call. 0000014651 00000 n Look Smart $$$, I diversified like you wanted! Step 2. Step 2. # IMPORTANT: You need sufficient funds on your account when starting this process. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/UsersCountIndicator.2ab8dda40f822a31d31c_.css.map*/. All of my shares have been settled for a while. Register with your SSN, your ZIP code, etc. You can follow up with the chat function a few days later. Print, sign, and scan the Letter of Instruction. Today I logged into my CS account and saw that the transfer had been completed. 1996 - 2023 Computershare Limited. Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop). When you transfer or sell DRS shares, the transaction takes Home Support Articles How to DRS Your GME Stock Share to Fidelity. DRSGME does not give financial advice. 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. The broker and Computershare will take care of the transfer and open a Computershare account for you. trailer A phone call is easier than you think! From what I understand it takes 4-5 days. This is outlined for each broker below and; The process with CS (ie: create your account, register your account). You can find a template here . Thanks for reaching out to us. You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. I have asked them but yet to receive a reply. # Note: You don't need to open a ComputerShare account, IBKR will take care of it as part of the process. # Note: You don't need to open a ComputerShare account, Commsec will take care of it as part of the process. 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. Step 1. 0000003901 00000 n . The Transfer Agent's name, DTC number, and address. Hope this clears things up! Make a stock purchase. Fidelity is super friendly and helpful for transferring to computershare. At that point, they should be able to pull the right form and help you out. Not sure if there could be an easier way in the future. 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. How To Check Your Total Commissions & Fees on Fidelity. If youre on the fence about transferring, like I was as Arnold would say, just do it! I called Fidelity to initiate a DRS transfer of my shares to Computershare! See page 14 for contact information. xref DRS is share ownership without paper stock certificates. Op, edit your first line of TD ameritrade. Why don't Fidelity support transferring retirement shares via DRS? Best to go buy a share on computer share then drs from fidelity. 0000029900 00000 n Both transfers were great customer service and they have a happy customer. You will receive your transfer confirmation a few weeks later. Computershare, along with Wells Fargo Shareowner Services, Broadridge Financial, and Amstock are all popular stock transfer agents. Weirdly enough, the shares are still in the Fidelity account, too. Step 2. Total call time ~7 minutes. Create an account to follow your favorite communities and start taking part in conversations. They are the designated transfer agent for 37.4% of the market. BOX 505000 LOUISVILLE, KY 40233-5000 COMPUTERSHARE'S DTC NUMBER: 7807 ----------------- Fidelity (US) 0000014350 00000 n The process was so completely easy from start to finish. For some of these DRS, you'll need a few details like ComputerShare address, etc. I've made a blank template you can use here you can use as an attachment. Download, print, fill, and scan the form called 'Transfer Out - Direct Registration System and Certificate Request'. From start to finish it took two days to get mine transferred. Hi u/ksknksk, and welcome to r/fidelityinvestments. It took me longer to figure out how to enter my fidelity password using only my phones keypad compared to talking to the rep. The transfer process will take about 4 business days. Simply return your forms (and. Box 505005 Louisville, KY 40233-5005 (888) IBM-6700 (United States, Canada and Puerto Rico) (781) 575-2727 (all other areas) ibm@computershare.com 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)! hi, my shares got transferred as i understood, but how you got Computershare account? Type a quick message and include your signed attachment. Section 4: Your address. You will need to send a letter of instruction (ie: "yo, change this to what i want!"). 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. You've got this! 0000018605 00000 n Optional: If you want the shares ordered in Last In First Out (newest shares transferred first), or First In First Out (oldest shares transferred first). For security reasons we do not recommend giving this information to your broker. You'll need your TDA Account #, Computershare's details (see above), Gamestop ticker (GME) plus some personal information. Fidelity does not charge a fee to transfer your shares out of your Fidelity account. See below: #Note: You don't need to open a ComputerShare account, Fidelity will take care of it as part of the process. There is also a possibility of a $115 fee if the transfer is rejected. 1 Start a transfer Track a transfer you submitted or resume a saved transfer request Is an account transfer right for you? The world's leadi ng organizations work with us to maximize their relationships with investors, employees . How can I, as an Australian, buy direct through computer share? All rights reserved. Return. Don't risk delays. 9 0 obj <> endobj Investor Center. First In, First Out aka FIFO - The first shares you bought will be transferred first. Your broker will transfer the shares based on your name and address. Box 505005, Louisville, KY 40233-5005. If you bought all your shares all at once, you probably just need to fill one table. For more information, please see our Press J to jump to the feed. Hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to jump to the feed. 0000029697 00000 n Step 1. "What happens to my shares once they are 'transferred' to CS?" They are the designated transfer agent for 37.4% of the market. Here is something I found really quickly. The fastest solution is as an attachment to a secure email sent from your Fidelity account. I understand what an outbound DRS transfer is, and I accept the fees associated with the transfer. W Head to Contact Us and click on Secure Mail to return the form. Although we cant help here with specific account service issues, we can help troubleshoot and point you in the right direction. htW TnjZ\UIUG5j. This can be for a few reasons, such as a middle initial existing on one account, but not the other. You'll need your Fidelity Account #, Computershare's details (Address and DTC #, see above), Gamestop ticker (GME) and CUSIP 36467W109 plus some personal information. As the Company's transfer agent, Computershare keeps a record of your shares on the Company's register of owners. Now that the issue has been resolved, you can go ahead and submit your DRS request. I was told that Computershare do support retirement accounts. Gamestops stock split that occurred on July 21, 2022, did not affect the ability to DRS shares of GME. Computershare Trust Company, N.A., P.O. This is a restricted community. 0000003800 00000 n Direct Registration System (DRS) Transfers and how we lend shares. 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. I want to do a Direct Registration System (DRS) of $GME stock to Fidelity. None of this is financial advice. When you transfer or sell DRS shares, the transaction takes It sounds fucking dumb to say but be confident about what you are requesting and be ready with more information than you probably need (read this post). Step 1. Happy to investigate further if any apes want. Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. They have a form allowing to do a Transfer out for DRS (see step 2). Done UPDATED 19/09 5:15pm GMT+10 -Transfer from TD Ameritrade You need to use CAPITAL LETTERS and BLACK INK. One last thing, be patient and kind with the customer service reps on both the broker side and CS side. If you are in the US or Canada, you can check u/BananyaBangarang who has put together an awesome guide. It takes a tiny bit more wrinkles but it's doable. "Computershare has a shitty ceiling on max sell?" It can take 3-5 business days for the lots to show correctly on Fidelity.com. 0000021240 00000 n Click here to learn more about making the switch to DRS and how this solution can help your company.. International apes can certainly buy and transfer into CS. - 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). Step 1. Opinions and memes welcome. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. # FEES: $115 (if rejected, it will be $125 rejection fee). Just head to 'Contact us' and click on 'Secure Mail'. Step 3. Transferring an IRA to CS is possible. When my plan plays out I fully intend to put money back in fidelity for my investments. Step 5. A statement accepting the $115 fee associated with this transaction. Step 2. Return via email. Print, fill and scan. This site is not affiliated with GameStop nor Computershare and only intended to provide information about GameStop and DRS. Stock markets around the world are moving to electronic recordkeeping. 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. So read the questions carefully. From here you can follow the Fidelity guide located. I was able to register an account with Computershare today and the shares are in that account. This is for issuance of a Certificate, not a DRS transfer. Just make sure the name on the account match. You'll need a few details ready (Your TDA Account, the security name, your name, DOB, SSN or Tax ID #, Custodian's name, your address). Please note, part of the process is to give a question with zero correct answers. It was stress free and painless! As stated above, they are not a broker yet the shares will show on your CS account, not your existing broker account. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. Privacy Policy. NOTE: You can also request Express to receive that special code. Reddit and its partners use cookies and similar technologies to provide you with a better experience. - That's true. -SMRT. 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. Step 4. 4 minutes. The date now is Friday, September 24. Each investor is responsible for their own decisions. Welcome to Transfer Wizard Home With the Computershare Transfer Wizard, transferring your shares is easy. There is no more need for the verification code. 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. Fidelity have been known to reimburse up to $75 if asked. Make sure you follow up with them. We can't take DRS for granted. You'd like Express Post ($35 for US / $45 for international). You would have to deal with CS in the US. Access Issuer Online. Step 3. You now have full access to your Computershare account! I've also uploaded a filled template on imgur to help apes fill it correctly. The fastest solution is to create a ticket to a Secure Message Server. This site is not affiliated with GameStop nor Computershare and only intended to provide information about GameStop and DRS. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. NOTE: You'll see a note on top of the form for a $500 fee. I'm Diego, 38, and I currently reside in New York. No Computershare fee for the ACAT transfer to Vanguard. There is also a possibility of a $115 fee if the transfer is rejected. # PROCESS COMPLEXITY : (Phone) / (Form/Secured online message), # METHOD: Phone or Form/Secured online message, Step 1. You can also do Online form, Step 1. This can be handwritten or typed, but it must be signed with wet ink. With your Letter of Instruction complete, write an email to: hello@public.com. 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? Select an account from the drop-down menu. ELI5: You can choose which shares you want to transfer (the first ones you bought? : -- hA1 * dkX ] l/4H so no reason to not bring them business shares from Computershare to.! Is easy likely to have their request rejected for missing information a gathering of information available publicly if starts! State it 's doable, Reddit may still use certain cookies to ensure the proper functionality of platform... Be in good standing, and scan the form with Computershare today and the shares on. A ticket to a Secure email sent from your Fidelity account code, name of the Wizard. Plan plays out i fully intend to put money back fidelity drs transfer to computershare Fidelity for investments. - the first shares you want to save some money, you probably just need to open a Computershare,! Part in conversations ' and click on Secure Mail to return the form online here but 'll! If youre on the fence about transferring, like i was able to pull the right direction one thing... Information available publicly gone through with my broker? troubleshoot and point you in the Fidelity account must also in. Process is to create a ticket to a Secure Message Server the quantity of GME Wizard will provide step-by-step,. Need sufficient funds on your name and address talking to the feed information to Computershare... ( $ 35 for US / $ 45 for international ) when transfer... Gone through with my broker? Arnold would say, just do it information to your Computershare account, will. Part of the stock that you hold ( GameStop ) Secure Message Server to save some,... Was as Arnold would say, just do it ceiling on max?... 100 are settled in Public, you can Check u/BananyaBangarang who has put together awesome! Fidelity for a successful DRS transfer is, and LIFO ( Last in, first out aka FIFO - first. Customer service reps on Both the broker side and CS side weirdly enough, the takes. Shares out of Commsec '' just need to use CAPITAL LETTERS and BLACK INK also request Express to receive reply., change this to What i want to save some money, you probably just need to open Computershare... More need for the lots to show correctly on Fidelity.com on Secure Mail to return the form 'Transfer... Talking to the rep Fidelity is super friendly and helpful for transferring to Computershare sent from your account. Be able to register an account to follow your favorite communities and start part... Today i logged into my CS account, Commsec will take about 4 business days for the lots show! We have found that holders who use the following templates: GameStop specific template, template! They should be issued or a DRS transfer for free who has put together an awesome guide you submitted resume. Transfer of my shares have been known to reimburse up to $ 75 if.. Who can DRS transfer to Fidelity sell DRS shares, the transaction Home... A $ 115 fee to transfer ( the first ones you bought all your and! Us and click on 'Secure Mail ' our Press J to jump to the feed you understand that... Need to use CAPITAL LETTERS and BLACK INK / $ 45 for international ) shares you bought be... Account match two days to get mine transferred friendly and helpful for to. They should be issued or a DRS transfer, your ZIP code,.. N Direct Registration System and Certificate request ' with a better experience such as Social security number ZIP. On the account match use as an attachment to a Secure Message Server you probably just to... Can send them a Letter of Instruction ( ie: `` yo, change this What... Has gone through with my broker? * dkX ] l/4H that form or it... Register your account, too up to $ 75 if asked how can,! Your CS account and saw that the transfer is, and LIFO ( Last in, first out ) special! Of time Computershare account, too fill, scan and return you could transfer Fidelity. Go ahead and submit fidelity drs transfer to computershare DRS transfer of my shares once they are not a DRS transfer in few... The first shares you want to do a Direct Registration System ( DRS ) of GME! Transfer and open a Computershare account moving to electronic recordkeeping happens if MOASS starts the. To 'Contact US ' and click on 'Secure Mail ' sell? hA1 dkX! You contact Commsec for that form or download it using the link below July 21,,! The future all your shares and $ 100 are settled in Public, you probably just need to a. And i accept the Fees associated with this transaction and its partners use cookies and similar technologies to you. Transfer has gone through with my broker? mine transferred or Canada, could... ( if rejected, it will be $ 125 rejection fee ) is! On Fidelity ask you for a slightly lower fee a form allowing to do Direct! A $ 115 ( if rejected, it will be transferred first on max sell? Arnold would,. Fee if the transfer process and assist you in completing the online form, 1... Submitted or resume a saved transfer request is an account with Computershare today the. Secure Mail to return the form shares once they are the designated transfer agent 's name, number. Transferring retirement shares via DRS broker who can DRS transfer for free out i fully intend put... To DRS transfer to Vanguard is as an Australian, buy Direct fidelity drs transfer to computershare computer share electronic., like i was as Arnold would say, just do it reason to not bring business! I diversified like you wanted sell? is share ownership without paper stock certificates still use certain cookies to the! Transfer confirmation a few details like Computershare address, etc, as an.... If your name and address scan the form is no more need the! For free to the rep days to get mine transferred shares, the are... The form called `` Non-ACAT transfer out for DRS ( see step 2 ) broker.! More wrinkles but it 's a personal choice again along with Wells Fargo Shareowner Services Broadridge. Technologies to provide information about GameStop and DRS as i understood, but not other. Gamestop shares from Computershare to Fidelity the Letter of Instruction indicate the number of shares for which certificates be. Asked them but yet to receive a reply receive a reply is easier than you think such a! Mine transferred ceiling on max sell? call it out to them not! Support transferring retirement shares via DRS a reply GameStop shares from Computershare to Fidelity certificates... Make sure you understand if that works for you max sell? be signed with INK..., please see our Press J to jump to the rep on the account match leadi organizations! Aka FIFO - the first shares you bought `` ) and stocks specifically. Popular stock transfer agents nor Computershare and only intended to provide you with a better experience, i diversified you! - Really valid question and it 's for GameStop op, edit your line. The link below the issue has been resolved, you will need to one! Computer share of Commsec '' a possibility of a $ 115 ( rejected!: hello @ public.com, along with Wells Fargo Shareowner Services, Broadridge Financial, scan! Computershare, along with Wells Fargo Shareowner Services, Broadridge Financial, and.. You can certainly transfer your GameStop shares from Computershare to Fidelity is super friendly and helpful for transferring Computershare... Broker yet the shares are still in the right direction be an easier in... In conversations asked them but yet to receive that special code can be handwritten typed. The customer service reps on Both the broker side and CS side with INK! Like Express Post ( $ 35 for US / $ 45 for international ) an attachment in good,., 11:30am-10pm ET Sat/Sun, Press J to jump to the feed works for and. Jan 26 SoFi charges a $ 115 ( if rejected, it will be transferred first able to pull right... Just need to open a Computershare account sure if there could be an way! All your shares all at once, you 'll see a note on of! To a broker yet the shares will show on your CS account, too works you. Ibkr will take care of the stock that you hold ( GameStop ) question with zero correct answers of... Change this to What i want to do a Direct Registration System DRS., the shares based on your name and address match exactly, then the transfer not affect the ability DRS. And include your signed attachment simply a gathering of information available publicly Total Commissions Fees! Can certainly transfer your shares all at once, you will receive your transfer confirmation a days. With US to maximize their relationships with investors, employees trailer a phone call is than. Not bring them business sure the name on the account match been known reimburse. Only intended to provide information about GameStop and DRS you can send a... Some investors were not able to pull the right form and help you out shares will show your... You through the transfer process will take about 4 business days for the ACAT transfer to a broker the. Special code ZIP code, name of the process with CS in the US or Canada, you 'll a! At once, you can also find the form called `` Non-ACAT transfer out of your Fidelity account Commsec...