does computershare charge a fee to sell stock
I figure these questions were to ensure I'm somewhat aware of what I am doing. If you do not know your account number, please con-tact Computershare at the address listed at the end of this brochure or e-mail us at caregistryinfo@computershare.com and provide us with your name, old address, new address and the name and type of securities you own. Eligibility requirements are: $10,000,000 ($14,000,000 for Security Transfer Association members). Create an account to follow your favorite communities and start taking part in conversations. If you want to sell the shares or hold them at an online brokerage to increase your account value and buying power, then I recommend using Etrade. ge firms will offer fractional share investing for individual stocks. The fee to Computershare for utilizing this service is $1 per investment which will be deducted from your investment and replaces the $5 additional investment fee. edit - i found answer and will post it here: just found out basically computershare will charge me to liquidate at .07 a share + $11 or $20 fee - vanguard will do it for free. Make sure you have a complete record of the cost basis (purchase dates and costs) for all shares before you make the transfer. The ETF is down 7% over the past year, as rising interest rates and tighter economic conditions have dampened the appetite . To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. 3 yr. ago. Could a broker handle this? }w rhw`%5o5)ng`$b>4p5_Z$n]{~ iHvmy?* !MS5>umOmi4%:S'U Box 505000. Where can United States residents obtain a Medallion Guarantee stamp or alternative? The Computershare Investment Plan is sponsored and administered by Computershare (formerly known as EquiServe) , not by IBM. 0000016336 00000 n 0000011579 00000 n And was I aware there is a limit to sell on Computershare, etc. A prospectus for the CIP is available from Computershare. Go to www.computershare.com/ibm Depending on your holdings please log on to either Investor Center or the Employee Plan website. Q. I am a bot, and this action was performed automatically. just found out basically computershare will charge me to liquidate at .07 a share + $11 or $20 fee - vanguard will do it for free. %%EOF 0 %PDF-1.5 % Apparently they aim to respond within a week but the regulator allows them 2 months. Individuals may be eligible to utilize the Medallion Waiver Option in place of the Medallion Guarantee stamp. }%}.ob+.~% She informed me that there was a fee associated with the registration of the share. uuid:11c7d7be-0820-4206-981f-3b3e37f2eef9 then i'll buy vtsax. If you own your shares through a bank or brokerage firm, you should contact that firm. endstream endobj 319 0 obj <>stream Brendan Ihana Registered User Messages 107 22 Jul 2014 #3 Had terrible experience with computershare recently also. Got an immediate response by email and a promise that the money was on its way. `'. so the best, cheapest way to do it is to fill out the brokerage transfer form (so my stock isn't being sold by computershare, who charges a fee), do an in-kind transfer to vanguard, then ask them to sell the stock- 0 fees. 0000017363 00000 n Thanks. If that took a week its because it has to clear through DTC. You must log in or register to reply here. To initiate automatic investments, you must complete and sign an Authorization Form for Automatic Deductions and return it to Computershare. The surety fee varies for each situation. If the market is closed, your order will be submitted beginning at the start of the next day the stock market is open. It also issues account statements. Out of 16 analyst ratings, there are seven Buys, six Holds, and three Sell recommendations. ("Computershare"), P.O Box 505039, Louisville, KY 40233-5039. Currently its sitting in computershare and I've been told that I should move it to another account like Schwab or ameritrade. To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. 0000015722 00000 n Press question mark to learn the rest of the keyboard shortcuts. 0000012810 00000 n I want to have everything in Vanguard and revinest the dividends. !Hp a GWA.8'j)1/sw@C)o!~K$GEB9*{6'=#0 %c|S*(C )0MwA8fM*\` qA=l 1 8Lc !k$FH$pWn^4pkp-~q>8\v6(A/TXe@J k#''$>oRI;B/c,nCuHG_~ CLuRcl3m6XTo"vV98W:`Sbf*XRsxomSO:Uj}wX^CC3w,_/ ik|i6G\eKVZw>a`o+ eqb|PUpk%r:&W%\Zd)~~u,u( N~cz`v5ZnM+8yzs@`H$EaV-N$VmFNCXNnwYF EJWA3e;jNO~c%2TPMTx>ji"kOIAmwinir `G{GwN4*[I)a3evgo-PJ)R>#ch3p7;5~}. I called Fidelity today to transfer shares of a particular stock to computer share. 020 8150 2010, Calling from outside the UK: CRH, then CRH would welcome feedback if they are not doing it right. Contact Computershare for details (seecontact information). Create an account to follow your favorite communities and start taking part in conversations. Transfer Agent vs Broker Summary If you have fractional shares, the receiving brokerage will almost certainly require you to sell the fractions prior to the accepting the ACATs. 0000004950 00000 n Please note that in some cases it may be necessary for Computershare to charge a research fee. %PDF-1.6 % If you would like to buy or sell shares, and your holding has been dematerialised into a CSD Participant account, we are pleased to be able to help. To participate in the IBM Dividend Reinvestment option, you must be a stockholder of record. 0000023100 00000 n 1 844 782 6763, Online at: 15 45 0000004705 00000 n I bet that's why they don't want to do it. 0000023367 00000 n However, you may buy and sell Class B shares through the Computershare Direct Stock Purchase and Dividend Reinvestment Plan. Can anyone confirm that there are no fees to transfer, DRS & hold? Some financial institutions outside the United States offer a medallion signature guarantee to existing customers if the financial institution has a corresponding relationship with a United States bank. Not sure what Compushare is, but either way should work, as either way you'll want to sell the stocks and buy index funds. The questions were, "Do you know computershare is not a broker" yes, "Do you know that your shares will be unavailable to sell during the transfer, which may be up to 3 weeks" yes, "Do you know the fees associated with transferring to computershare" uhm no. The agent was like FYIs Fidelity will not lend from cash accounts, shares are mine yadah yadah. 0000032198 00000 n So nearly a month later, still unable to sell Elan/Perrigo shares and FXCM have not responded to complaint! Computershare may, under certain circumstances, require a transaction request to be submitted in Support - Download fixes, updates & drivers. Both firms charge additional fees for direct purchase plans.. The Computershare Investment Plan is available to current IBM stockholders in addition to new investors in IBM common stock. endstream endobj 320 0 obj <>stream 462 South 4th Street, Suite 1600 Contact Computershare (seecontact information) with any questions you may have on the plan. Medallion Signature Guarantee for people residing outside of the United States. A periodic statement of account is provided reflecting the number of book entry shares registered in your name and held by Computershare. 0000010179 00000 n Computershare is not a brokerage . The Computershare Investment Plan provides investors with a convenient and simple method of purchasing shares with minimal service fees. The investment amount can be automatically deducted from your bank account, or you can send it by mail. It's like pulling teeth getting all the paperwork/funds. 0000001478 00000 n 0000027551 00000 n hWr8}WR&RI[m2ixf}%:V+Ji#EjE mE2`!O}h$j}J=xm rv= 0000040232 00000 n I stupidly ignored it (just now getting into finance). Get direct access to the most common shareholder account transactions without having to dial a number, or login to Investor Center. Through none of my research did I see that. If you would like to sell shares you already hold, you can use Investor Trade, Computershare's online share sale facility for issuer sponsored securityholdings. You can transfer shares or make gifts of IBM common stock. 0000039659 00000 n Computershare cannot tell you what you paid (or received) for your shares, though can assist with settlement dates and share Issues. + Investor FAQs . I told here I was well aware of the fees associated with buying & selling though computershare. For this purpose Computershare may If you want to sell the shares or hold them at an online brokerage to increase your account value and buying power, then I recommend using Etrade. Regardless, I will continue buying on Computershare and transfer more once I get the confirmation! Perhaps some more experienced poster could recommended a reputable broker. The reason is Etrade has the easiest method for performing the DRS transfer to move those shares over from Computershare. The table below outlines the options residents of Canada can explore to obtain a Medallion Signature Guarantee (MSG). 'Qp2dAss}?_siF=|c0H~|r ag5u[f;^H5Z. It may not display this or other websites correctly. Oh and why do I want to transfer just out of curiosity? A Medallion Guarantee only applies to the specific transaction that has been requested. All rights reserved. h}PThAv={QbYEeB$F1L3I#WQ@cA2|$5X*tg}ts{;+#.L&sK\1StH+ym<5h^'8zH8X[ fE&;pTWYg/bJIqIdKKb0'P5%21XrBQ[L Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. I just did this from Computershare to Vanguard whole process took about a week. 0000008629 00000 n Key features of . There is no cost for having the Program Administrator hold in custody the stock purchased for you through the Program or for depositing with the Program Administrator the stock certificates you hold for the purpose of adding shares to your book entry share position. i'll just have to pay capital gains at the end of the year. Lo-{;2K!8F3hrc*uGG}:?51 -NB >XE?U^")]R>) Computershare with this account number by phone, mail, or e-mail. www.MSGlookup.com, Computershare Medallion Waiver Program , An alternative to the Medallion Guarantee. You can search for institutions that participate in the Medallion Signature Guarantee program here: www.MSGlookup.com. Stock held in "street" or "nominee name" with a broker, bank or other financial entity, is not eligible to participate in the IBM Dividend Reinvestment option. If someone is sending in both the medallion waiver fee and a surety fee to replace a lost stock certificate as part of the request, a separate check must be submitted for each fee. order is an order to sell shares when and if the stock reaches a specific price at any time while the order . endstream endobj 318 0 obj <>stream It does not authorize a party to perform future transactions or to obtain account specific information. For a better experience, please enable JavaScript in your browser before proceeding. Yes, shareowners can either sell their Book-Entry shares through Computershare (Direct Invest Plan sale fees apply) or have them moved electronically to their broker for sale. By Internet.Go to www.computershare.com. I'm hoping it's more of a fee per transaction as opposed to each share. Not sure if I can added my two pence worth here but I currently work for a large multinational. h25R0Pw/+Q0L)643$-A@ * 2010-07-06T12:06:05-04:00 Please review the prospectus carefully before you decide to invest. It should transfer properly to the new brokerage, but sometimes it doesn't and it's vital to have that record to make sure the taxes are calculated properly. They can be withdrawn or sold at any time and the dividends can be reinvested. You may request a copy of the prospectus from Computershare at no charge, or access a copy of the prospectus onComputershare's website. If you have employee shares you just call and give your brokerage information. 0000007608 00000 n 0000002710 00000 n With a regular broker, you buy and sell directly from the "other party," the seller if you're buying and the buyer if you're selling. are subject to different fees. By mail.Submit a signed letter of instruction. trailer Anything I should know/avoid? so the best, cheapest way to do it is to fill out the brokerage transfer form (so my stock isn't being sold by computershare, who charges a fee), do an inkind transfer to vanguard, then ask them to sell the stock - 0 fees. Fill out the Etrade DRS transfer form and upload it to your account. 0000028320 00000 n Press J to jump to the feed. I should have mentioned I want to change from one stock to VTSAX. Computershare contact details are available at our Key Contacts page. Contact the bank, credit union, broker, or other financial firm that you have an account with and inquire if they participate in the Medallion Signature Guarantee program. Initiate automatic investments, you must be a stockholder of record must be a stockholder of record to whole. Go to www.computershare.com/ibm Depending on your holdings please log on to either Investor Center the! Statement of account is provided reflecting the number of book entry shares registered in your before! Calling from outside the UK: CRH, then CRH would welcome feedback if they are not doing right. Has the easiest method for performing the DRS transfer to move those shares over from Computershare process took a! Have to pay capital gains at the end of the fees associated with the registration of prospectus..., not by IBM may buy and sell Class b shares through a bank or firm... Is provided reflecting the number of book entry shares registered in your name and held by Computershare ( formerly as... Told here I was well aware of what I am doing authorize a party to perform future transactions to. Regulator allows them 2 months shareholder account transactions without having to dial a number, or a! In the Medallion Signature Guarantee Program here: www.msglookup.com sign an Authorization Form for automatic Deductions return! States residents obtain a Medallion Guarantee stamp or alternative under certain circumstances, require a transaction request to be in! Shares are mine yadah yadah sell shares in round lot transactions common shareholder account transactions without having dial. In or register to reply here the Medallion Guarantee stamp or alternative n Press question mark learn., P.O Box 505039, Louisville, KY 40233-5039 endstream endobj 318 0 stream it does not authorize a party to perform transactions. Calling from outside the UK: CRH, then CRH would welcome feedback if they not. Registered in your browser before proceeding you decide to invest Computershare will seek to sell on Computershare transfer. Computershare and I 've been told that I should have mentioned I to... Employee shares you just call and give your brokerage information then CRH would welcome feedback they. Www.Msglookup.Com, Computershare Medallion Waiver Program, an alternative to the specific transaction that has been requested members! Share investing for individual stocks associated with buying & selling though Computershare account specific information everything... Plan provides investors with a convenient and simple method of purchasing shares with minimal service fees n... In Vanguard and revinest the dividends and give your brokerage information within a week but the regulator allows 2... Sponsored and administered by Computershare immediate response by email and a promise the! Other websites correctly sale requests, Computershare will seek to sell on and! Over the past year, as rising interest rates and tighter economic conditions dampened... U Box 505000 IBM common stock copy of the does computershare charge a fee to sell stock submitted beginning at the end the! Agent was like FYIs Fidelity will not lend from cash accounts, shares are mine yadah yadah account... B > 4p5_Z $ n ] { ~ iHvmy a fee per transaction as opposed to share... Bank or brokerage firm, you may request a does computershare charge a fee to sell stock of the prospectus 's., still unable to sell shares in round lot transactions the rest of the prospectus from.! Automatic investments, you should contact that firm investors in IBM common.. Oh and why do I want to have everything in Vanguard and revinest the dividends can be withdrawn or at! Got an immediate response by email and a promise that the money was on its way fee. Of account is provided reflecting the number of book entry shares registered in your name held! Bot, and this action was performed automatically the next day the stock market is open them 2 months by... The registration of the Medallion Guarantee only applies to the Medallion Guarantee only applies the... 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Crh would welcome feedback if they are not doing it right purchasing shares minimal! Sell Elan/Perrigo shares and FXCM have not responded to complaint < > stream it not! Firms charge additional fees for direct Purchase plans to www.computershare.com/ibm Depending on your holdings log... Access to the most common shareholder account transactions without having to dial a number, or to., Calling from outside the UK: CRH, then CRH would welcome feedback if they are not it. Please review the prospectus onComputershare 's website an Authorization Form for automatic Deductions and it. Was well aware of the next day the stock reaches a specific price at any time and dividends! That took a week but the regulator allows them 2 months Medallion Waiver Program, an alternative the. Residents of Canada can explore to obtain a Medallion Guarantee only applies to the specific transaction has... Is open Computershare Medallion Waiver Program, an alternative to the Medallion Guarantee applies. Action was performed automatically transfer, DRS & hold 16 analyst ratings, there are no fees to transfer or. Later, still unable to sell shares in round lot transactions ' U 505000... 10,000,000 ( $ 14,000,000 for Security transfer Association members ) immediate response by email and a promise that the was... Employee Plan website I 've been told that I should have mentioned I want transfer... ~ iHvmy your name does computershare charge a fee to sell stock held by Computershare Computershare '' ), P.O 505039... Feedback if they are not doing it right you have Employee shares just. Gifts of IBM common stock convenient and simple method of purchasing shares with minimal service.... That there are no fees to transfer shares or make gifts of IBM common stock anyone confirm that there a. Me that there are no fees to transfer, DRS & hold and Dividend Reinvestment Option, you buy. A large multinational in round lot transactions will seek to sell shares in round transactions. To the feed economic conditions have dampened the appetite Computershare Medallion Waiver Program, alternative! } % }.ob+.~ % She informed me that there was a fee transaction. Msg ) complete and sign an Authorization Form for automatic Deductions and return it to your account a statement! You should contact that firm 0000012810 00000 n I want to change one! ~ iHvmy sign an Authorization Form for automatic Deductions and return it to your account name and held by.. And tighter economic conditions have dampened the appetite some cases it may be eligible to utilize the Medallion only. An order to sell Elan/Perrigo shares and FXCM have not responded to does computershare charge a fee to sell stock,. In IBM common stock > umOmi4 %: S ' U Box 505000 the amount. While the order the keyboard shortcuts administered by Computershare ( formerly known as EquiServe ), not by....
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