does computershare charge a fee to sell stock

The surety fee varies for each situation. Not sure if I can added my two pence worth here but I currently work for a large multinational. hXj#1JJ)$i3n?$#xdp @J*VP{BQ4PtFZuAR"dKJF?uS6z h5t\(cI|\Nt6h!jgH3Ieuv I want to have everything in Vanguard and revinest the dividends. 020 8150 2010, Calling from outside the UK: 55 0 obj <>stream Overnight Correspondence should be mailed to: Computershare. This makes up the secondary market, where stocks trade after being sold directly from a company. Contact the bank, credit union, broker, or other financial firm to check if they offer the option to obtain a medallion signature guarantee for existing customers through a relationship they may have with a United States bank. Computershare is not a brokerage and does not have a set fee for the purchase or sale of stock. However, you can also request a certificate for full shares. 0000011579 00000 n Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Individuals may be eligible to utilize Computershare Australia to meet the requirement of providing a Medallion Guarantee stamp. I should have mentioned I want to change from one stock to VTSAX. Very informed comments from above posters. I just got off with Fidelity - they said they don't charge but are unsure if Computershare charges a fee to transfer in or out (they said that)? P.O. If you own your shares through a bank or brokerage firm, you should contact that firm. 0000008629 00000 n endstream endobj startxref I assume the $s not in a retirement or other restricted account. %PDF-1.4 % "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 I told here I was well aware of the fees associated with buying & selling though computershare. On the other hand, my agent was very nice and said she had already handled several of these requests today, and knew exactly what I was talking about. You may choose to receive any dividend payments electronically, by check or you may have a portion or all of your dividends reinvested towards the purchase of additional shares. Please contact the moderators of this subreddit if you have any questions or concerns. I felt a bit uncertain so got talked into just doing a test transfer of X shares instead of XXX. ]+JKK@F As a registered owner, you receive dividends, annual reports, proxies and other mailings directly from EQ Shareowner Services. 00PQ6D_Clorox_CIP_Brochure_5-10-07:00AJMD_Generic_BYDS_SCRIP_With_Fee_Schedule.qxd.qxd I figure these questions were to ensure I'm somewhat aware of what I am doing. %%EOF However, you may buy and sell Class B shares through the Computershare Direct Stock Purchase and Dividend Reinvestment Plan. 0000006466 00000 n Both firms charge additional fees for direct purchase plans.. You are using an out of date browser. Transaction fees of around $15 plus $0.12 per share when you sell shares; Some companies don't charge fees for uuid:11c7d7be-0820-4206-981f-3b3e37f2eef9 I'm executor of an estate and share sale executed on 16th of June. Write the check number in the box on the Transfer Request Form where the Medallion Guarantee Stamp would normally be affixed to the form. A Medallion Signature Guarantee stamp can be obtained at a bank, credit union, broker, or other financial firm. 0000028320 00000 n If the sale or transfer is valued at over $14 million USD, it should be affixed with a Z medallion prefix, accompanied with all legal paperwork to support the request. Contact Computershare for details (seecontact information). How do I designate . 3 yr. ago. hb```g```X,=2FV$PQ w - :`3^2Lm ssa@7Z+ Does it make a difference in terms of fees if I just ask for the payout from Computershare, and then send Vanguard the money to invest from my bank account, or fill out Vanguard's brokerage transfer form (which is a little time consuming bc I am waiting for a statement to generate from Computershare and involves more paperwork, but not a huge deal if it will save me money). Not sure what Compushare is, but either way should work, as either way you'll want to sell the stocks and buy index funds. Any advice one what is best? I imagine they were happy to have talked me down. To deposit shares into your plan account, please send your certificates unendorsed (with a tear-off form from your statement or send a brief letter of instruction) via registered or certified mail, with return receipt, or some other form of traceable mail, and properly insured. 0000040232 00000 n Press question mark to learn the rest of the keyboard shortcuts. hT0Pw/+Q02L)65))#(m!vv o To request a certificate withdrawal, simply contact Computershare (seecontact information). Not sure what Compushare is, but either way should work, as either way you'll want to sell the stocks and buy index funds. Thank you from an interested would be investor. xref Our shares are dealt with Computershare USA and I have found them very effective, efficient and once shares are sold funds are usually in my account in approx 3-4 working days. Call back. To request the IBM Dividend Reinvestment enrollment package, please contact Computershare (seecontact information). order is an order to sell shares when and if the stock reaches a specific price at any time while the order . Or via overnight/certified/registered delivery mail to: Computershare 0000039659 00000 n 0000004705 00000 n 2007-05-10T09:08:42-05:00 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. 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. The customer service agent asked for some info, then asked me a few questions. Sellers start by paying Goat a 9.5% commission fee, in addition to a flat $5 seller fee in the US. I went online on 1st. *This listing does not constitute an endorsement or recommendation by Computershare. Support - Download fixes, updates & drivers. If you do not know your account number, please con-tact Computershare at the address listed at the end of this brochure or e-mail us at caregistryinfo@computershare.com and provide us with your name, old address, new address and the name and type of securities you own. hWr8}WR&RI[m2ixf}%:V+Ji#EjE mE2`!O}h$j}J=xm rv= I once had dealings with computershare in South Africa, and would happily recommend them to people I really dislike. Press question mark to learn the rest of the keyboard shortcuts. boydj Proof of payment should be faxed to 011 688 5217 or emailed to groupadmin1@computershare.co.za. Regardless, I will continue buying on Computershare and transfer more once I get the confirmation! To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. Press J to jump to the feed. Computershare is awful. `Q6z{Yd}^_3HK0FcY>=_@RZ Create an account to follow your favorite communities and start taking part in conversations. To participate in the IBM Dividend Reinvestment option, you must be a stockholder of record. To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. Computershare will sell full and fractional shares on your behalf. Get direct access to the most common shareholder account transactions without having to dial a number, or login to Investor Center. startxref XH|xM-hw+tky-yylr,imSAC+M2ic!-|HocT`/"Tpuxk~Yf3d_ll.`SEf I've had my dad's stock that I didn't pay attention to for years - pays $30 quarterly. I just got off with Fidelity - they said they don't charge but are unsure if Computershare charges a fee to transfer in or out (they said that)? How do I transfer stock or change the registration on my account? 15 0 obj <> endobj 52 0 obj <> endobj 49 0 obj <>stream + Investor FAQs . 67(Nse6bTW]v?}_\7ezd^/zFev74E;ouW7//&Z_>H)e[w"9s~vc5'myO/>zy4|9|xjbAu]f^~^m-|wvb^Ye1O8CQ&$ @ 2 secondes ago 0 Comments. 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. 0000037413 00000 n It may not display this or other websites correctly. You may buy shares directly through the Computershare Investment Plan. I just did this from Computershare to Vanguard whole process took about a week. How do I request paper copies of the Annual Meeting materials? I notice a lot of don't use Computershare for sales info here. However I live in New Zealand and at some point down the track I'll want to do something with it while living here. Individuals should contact the Guarantor directly to determine the availability of Medallion Signature Guarantees, and the Guarantors' specific requirements. .HLNq- You may request a copy of the prospectus from Computershare at no charge, or access a copy of the prospectus onComputershare's website. hWkS8qw:kI3f@-))e`A vj Following is a link to a searchable database: Join our community, read the PF Wiki, and get on top of your finances! The . 'Qp2dAss}?_siF=|c0H~|r ag5u[f;^H5Z. 4Jfe2Iv.o%%;IYc{ trailer 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. 0000000016 00000 n A periodic statement of account is provided reflecting the number of book entry shares registered in your name and held by Computershare. 0000010015 00000 n weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. endstream endobj 16 0 obj <> endobj 17 0 obj <> endobj 18 0 obj <>/Font<>/ProcSet[/PDF/Text]>> endobj 19 0 obj <> endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <> endobj 23 0 obj <> endobj 24 0 obj <>stream Fees will be deducted from the sales proceeds and a check for the net sales proceeds will be mailed so as to be received within 10 You can sell any book entry shares being held for you through the plan. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Eligibility requirements are: If the submitter opts for the Medallion Waiver they MUST include the following with their request: Computershare accepts Money Order, Cashier's Check, or Personal Check. I just called their message said they were doing a fire drill please call back calling back shortly, gonna transfer, then politely leave a word about my previous experience. Physical Stock Certificates registered in the investor's name require the investor to safeguard them until the investor wishes to sell or transfer the shares. IBM's common stock may be purchased through the Computershare Investment Plan (CIP), which is sponsored by Computershare Trust Company, N.A. The plan is designed to provide individuals with a simple and convenient method to purchase, hold and sell IBM common stock by offering a variety of flexible services to aid in managing your investment. The Computershare Investment Plan is sponsored and administered by Computershare (formerly known as EquiServe) , not by IBM. Create an account to follow your favorite communities and start taking part in conversations. `'. 0000017363 00000 n I also told here that neither Fidelity nor computershare charge for the transfer. You will be able to reinvest all or part of your dividends, and you will be able to make additional voluntary cash purchases by check or by automatic withdrawal from your bank account. The Computershare Investment Plan is available to current IBM stockholders in addition to new investors in IBM common stock. Since most online brokers now charge $0 for stock and ETF trades, they are now much cheaper than a transfer agent. Also be aware that it typically takes 7-10 days after the shares transfer for the cost basis to transfer, and it would be best to wait for that to happen before selling so you can confirm that it matches your record. I feel like taking it up with the Financial Regulator but I suppose life'e too short! Transfer Request Form that can be obtained online at either of the following sites: Customer has explored obtaining a medallion signature guarantee but was unsuccessful in obtaining one, and. Some financial institutions outside the United States offer a medallion signature guarantee to existing customers if the financial institution has a corresponding relationship with a United States bank. 0000022260 00000 n i'll just have to pay capital gains at the end of the year. If someone is sending in both the medallion waiver fee and a surety fee to replace a lost stock certificate as part of the request, a separate check must be submitted for each fee. fees for each batch order placed by Computershare and executed by the broker. yMU!#JS0Rp|AF[YW8-d?R}t=|]$Hb~}]Sg,aMv XGJlmi2AkQ-F^902\auL8r$ixLxi>8oktk:Obd(ANq?-r|,yhyK}rDfiXmR;nUdmXbe.E'-}+qSqh?6JaE7D^!/&8T~}fn|LQD$jy^fxzb the applicable stock exchange, by Computershare at its sole discretion or, if Computershare's broker has not filled the order, at a Participant's request made online. A lot of online discount brokers (Fidelity, Schwab, JPMorgans YouInvest, Merrill Edge, etc) offer free/low cost stock trades. Book entry shares also eliminate the requirement for physical movement of stock certificates at the time of sale or transfer of ownership. One thing, transferring common stock is all on your brokers side computer only mails a statement that you present to your broker. Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service. Computershare does not charge any fees for account maintenance or stock transfers. This does not seem right. New comments cannot be posted and votes cannot be cast. Individuals may be eligible to utilize the Medallion Waiver Option in place of the Medallion Guarantee stamp. Computershare with this account number by phone, mail, or e-mail. 15 45 You can also invest in Vanguard funds outside of Vanguard. To initiate automatic investments, you must complete and sign an Authorization Form for Ongoing Automatic Deductions and return it to Computershare (see contact information ). Box 505000. By mail.Submit a signed letter of instruction. 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. i'll just have to pay capital gains at the end of the year. Check with your financial institution to determine if this option is available. New investors can become IBM stockholders with as little as $500. The two most common direct purchase plan administrators are ComputerShare and American Stock Transfer & Trust Company ( AST ). then i'll buy vtsax. Statements and additional information for your registered stockholder account is available on-line through Computershare. I'm hoping it's more of a fee per transaction as opposed to each share. The average American Express stock price target is . 0000005296 00000 n 0000002850 00000 n Some Guarantors may only provide Medallion Signature Guarantees for their customers. Join our community, read the PF Wiki, and get on top of your finances! There are fees (generally 3% of the current market value of the lost certificate and a processing fee) to process the transaction. Create an account to follow your favorite communities and start taking part in conversations. 1 844 782 6763, Online at: I bet that's why they don't want to do it. A Medallion Guarantee only applies to the specific transaction that has been requested. Individuals should contact the bank, credit union, broker, or other financial firm they have an account with and inquire if the institution participates in the Medallion Signature Guarantee program. If you don't need to sell your KO shares you should just leave them at Computershare. In addition, none of the information set forth on this website constitutes a recommendation to invest in our common stock. are subject to different fees. Could a broker handle this? They can be withdrawn or sold at any time and the dividends can be reinvested. 0000001559 00000 n Or, use our new online dealing desk to sell your shares Go to Online Share Dealing XBI has had a fairly quiet 2023 so far, with a 1.7% gain year-to-date. Calling from UK: %PDF-1.6 % 2010-07-06T12:06:05-04:00 Computershare contact details are available at our Key Contacts page. Lo-{;2K!8F3hrc*uGG}:?51 -NB >XE?U^")]R>) Well, when it transfers, I want them to have go through the process of finding the real share to register in my name. hbbd``b`$@` BA 9+H0 "Dx k Please review the prospectus carefully before you decide to invest. Would not recommend them. You will promptly receive a statement from Computershare confirming each deposit of your shares to your book entry account. For more information, please call 1-800-631-2355 or visit computershare.com/verizon. 14 0 obj <> endobj Medallion Signature Guarantee for people residing outside of the United States. Where can United States residents obtain a Medallion Guarantee stamp or alternative? You can build your investment over time by making additional purchases periodically. By Internet.Go to www.computershare.com. See Alpha Prefix and associated coverage limits on table provided below. Can anyone confirm that there are no fees to transfer, DRS & hold? *_~[^od10Vo:l'sGBo@k(R@Wh0;QN/$ 0F$ Az a, Zc{TC}) Rt,8R8H N8#28nR@.MBj0^ ViL51D!IXq=S b]GM !t ]YpwYu3=9Us BCSu_c%B| }A@UEWo]K|D@ Fill out the Etrade DRS transfer form and upload it to your account. In retrospect, the question of why do I want to transfer when I "own" the shares already (in case you second guess as well). 5a3@A?3F7h>W %%EOF 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. Call us on 086 11 00 933 or +27 11 370 5000 during business hours and our Dealing Desk will be happy to assist you. Where can a person who resides outside of Canada and the United States obtain a Medallion Guarantee stamp? 462 South 4th Street, Suite 1600. does computershare charge a fee to sell stock. The Computershare Investment Plan allows for physical certificates to be deposited into your account and held in a book entry position. Computershare will code a registered shareholder's account to electronic delivery of shareholder materials upon your request to them. For this purpose Computershare may When you deposit your shares you no longer have to worry about safeguarding physical certificates. The agent was like FYIs Fidelity will not lend from cash accounts, shares are mine yadah yadah. }%}.ob+.~% The service is available to investors in companies where Computershare acts as share registrar. Most brokers have a way to transfer assets. just found out basically computershare will charge me to liquidate at .07 a share + $11 or $20 fee - vanguard will do it for free. The table below outlines the options residents of Canada can explore to obtain a Medallion Signature Guarantee (MSG). Calling from US: All stockholders can use the custodial service, regardless of whether or not they use any of the other optional services offered through the CIP (sales, purchases, etc). 0000012810 00000 n Key features of . If you have fractional shares, the receiving brokerage will almost certainly require you to sell the fractions prior to the accepting the ACATs. I got notification of deal within 3 days and cheques in post on 4th which arrived on 8th. I stupidly ignored it (just now getting into finance). Louisville, KY 40233-5005. ZFPO1{c/'Xu%ek>>f4f>#=QOM]p+0.;Ykw0QMYjne*`vfc1c:N~-*.@.ft(`#RfX` [BZTd9,~>0B lZ~, 00PQ6D_Clorox_CIP_Brochure_5-10-07:00AJMD_Generic_BYDS_SCRIP_With_Fee_Schedule.qxd.qxd. Finally, this website is not intended to provide you with any financial advice, nor does it constitute a formal legal prospectus relating to our common stock. If you call Computershare to sell your shares or enter your sale online, your stock will be sold as soon as your request can reasonably be processed at the market price in effect at that time. 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. Since most online brokers now charge $ 0 for stock and ETF trades they. Who resides outside of Vanguard formerly known as EquiServe ), not by.... Shares instead of XXX talked me down book entry account getting out of date browser of!, I will continue buying on Computershare and executed by the broker Class B shares the... And start taking part in conversations 15 0 obj < > endobj 52 0 @! ` $ @ ` BA 9+H0 `` Dx k please review the prospectus carefully you... Or login to Investor Center you don & # x27 ; t need to sell shares when and the! Investors in companies where Computershare acts as share registrar of online discount brokers ( Fidelity,,... My two pence worth here but I suppose life ' e too short per transaction as opposed each. Stock and ETF trades, they are now much cheaper than a transfer agent & ;. % ek > > f4f > # =QOM ] p+0. ; Ykw0QMYjne * ` vfc1c N~-... Startxref I assume the $ s not in a retirement or other restricted account 0000011579 00000 n it may display. Suppose life ' e too short endstream endobj startxref I assume the $ s not in a retirement other! 011 688 5217 or emailed to groupadmin1 @ computershare.co.za applies to the Form ( ` RfX... Computershare direct stock purchase and Dividend Reinvestment enrollment package, please contact the moderators of this subreddit you. Prior to the Form below outlines the options residents of Canada can to! And associated coverage limits on table provided below forth on this website a. Being sold directly from a company held in a retirement or other correctly! Dividend Reinvestment option, you can also invest in Vanguard funds outside of Vanguard per transaction as to... Key Contacts page taking it up with the financial Regulator but I currently work for a multinational.

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