If the shares you currently own are unvested, they are usually held at the financial institution that serves as the stock plan's custodian. Hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to jump to the feed. In short, ComputerShare is a stock transfer agent. Because I was also collecting that stock prior to automated cost basis tracking, I found it helpful (though tedious) to print out and calculate all of the reinvestment transactions so that I could correctly identify my cost basis and fill in that value in the Fidelity brokerage account prior to selling. 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. To transfer your existing shares from another broker to your nabtrade account, simply follow the steps below. If not, then it will take another 2-3 business days. To start, choose how you want to move your money, and we will help you decide the right money transfer for you. by illumination Wed Mar 30, 2022 7:35 pm, Post 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. by kareemy Wed Mar 30, 2022 12:05 pm, Post We're so glad you've experienced the great customer service we always strive to deliver. If so, how long does such a transfer usually take from initiation until shares are in Fidelity account ready for sale? A TOA typically takes 7 to 10 business days to be completed. That may/may not be an issue for you. We don't have separate property. Do I call first or is something that I can do online? Done UPDATED 19/09 5:15pm GMT+10 -Transfer from TD Ameritrade We think theres no better place to start than with Stock Advisor, the flagship stock-picking service of our company, The Motley Fool. Your customer service is the absolute BEST . # NOTE: Apparently, TDA wont do DRS via chat. Computershare will then prompt you to create your username, password and security questions. Then Confirm to submit the request. (Check the preface FAQs for more on this), Security Symbol (ie: GME) and CUSIP (see above). Copyright 1998-2023 FMR LLC. Copyright 2018 - 2023 The Ascent. Each investor is responsible for their own decisions. 3. BTW, She also assured me they don't loan shares out if you hold a cash account, so if you're worried, just don't enable margin trading. Thanks for all the replies. Very easy. This can be for a few reasons, such as a middle initial existing on one account, but not the other. 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. Shares acquired via a tax advantaged employee share incentive plan must be held for 5 years before you can sell without incurring a tax liability. 1 Start a transfer Track a transfer you submitted or resume a saved transfer request Is an account transfer right for you? Important Information from the FINRA regarding Anti-Money Laundering Requirements. Say or write: "I want to DRS transfer my GME shares to Computershare". Needs more exposure! I also want to thank everyone for the awards. FYI, youll need to provide: UPDATED 19/09 10:40pm GMT+10 / Credit tou/st2008hhandu/Bibic-Jr, # NOTE: You dont need to open a CS account, M1F should take care of it. 1996 - 2023 Computershare Limited. You can also do Online form, Step 1. 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. If you DRS your shares, can u still write covered calls? We will walk you through the process one step at a time. Move money into or out of your Fidelity account with ease, and in most cases, no cost. The stock you want to transfer along with CUSIP and quantity. At that point, they should be able to pull the right form and help you out. To avoid that, you need to know the right and the wrong way to transfer stock between brokers. The right brokerage account is critical to get the most out of your investments. I've had nothing but A+ customer service from Fidelity, and fully intend to use them as my investment broker from here on out. Most brokers use the Automated Customer Account Transfer Service (ACATS) to move investments this way.. A stock transfer agent acts as a matchmaker between you and the company whose stock you're buying. Disclaimer: ACM MEDIA LLC provides reviews of services based on our personal The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. Fidelity does not charge a fee to transfer your shares out of your Fidelity account. As for your account number, you'll refer to the nine-digit number for the account found on your Summary page on Fidelity.com, or your statements, including the letter if it starts with an X, Y, or Z. The GME MOASS (Mother of All Short Squeezes), : guys, Im absolutely overwhelmed and honored by the traction this post got. Once your shares are fully vested, they can be transferred over to Fidelity. Over the past 17 years, Stock Advisors average stock pick has seen a 353% return more than 3x that of the S&P 500! I would look at some posts from. Our regulatory expertise in jurisdictions worldwide allows us to manage all cross-border financial transactions seamlessly. I transferred stock from Computershare to Vanguard a few weeks ago. Step 2. Some companies may allow you to request a physical stock certificate, but companies participating in DRS are not required to do so. pomeranian has just done a comprehensive DD on this topic here. This site is not affiliated with GameStop nor Computershare and only intended to provide information about GameStop and DRS. No hassles and it was done within a couple days. Copyright, Trademark and Patent Information. 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. Ive madea blank template you can use here, Transfer from Interactive Brokers IBKR. Step 3. and our Reddit and its partners use cookies and similar technologies to provide you with a better experience. Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop). To verify online, Computershare will ask some security questions based on info they take from LexisNexis. If youre looking to build the career youve always wanted, were excited to meet you. $0 commissions + transfer fee reimbursement. If I'm on Disability, Can I Still Get a Loan? by jaxinvestor Thu Mar 31, 2022 8:03 am, Post For example, if your new broker has your middle name on file and your old broker only has your middle initial, it can take additional time to validate the transfer. The broker and Computershare will take care of the transfer and open a Computershare account for you. The world's leadi ng organizations work with us to maximize their relationships with investors, employees, creditors, members and customers. Uncover the names of the select brokers that landed a spot on The Ascent's shortlist for the best online stock brokers. It really was painless! Authorized 3rd party (Authorized to act on behalf of a shareholder (e.g. If you're not satisfied with your online broker, the best decision is to find a new one. , TLDR: An updated guide toTRANSFERa portion/all of your GME shares to Computershare (referenced as CS in this post) Ive run out of space so Im breaking this down into several posts. They said it would take up to 3 business days but I believe I initiated on a Friday and I could see it the next Monday. Even small discrepancies can delay the process when you transfer stock between brokers. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. 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. Before you begin. | Since most online brokers now charge $0 for stock and ETF trades, they are now much cheaper than a transfer agent. The financial institution you are transferring from may charge fees. ACM MEDIA LLC publishes content for educational purposes only, does not offer The Ascent does not cover all offers on the market. # 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. Step 1. Do NOT use this form to change the registration of an existing account or to transfer from or to a Mutual Fund Only account. To transfer to a joint Wealthfront account, move your shares to a joint account.) Fidelity does not charge a fee to transfer your shares out of your Fidelity account. All information you provide will be used by Fidelity solely for the purpose of sending the email on your behalf. Thank you for your positive feedback and for choosing to invest with us! Listen at 5 min (or all)! To start, choose how you want to move your money, and we will help you decide the right money transfer for you. UPDATED 19/09 10:20pm GMT+10 / Credit tou/Bonesaparte, # NOTE: You dont need to open a CS account, JP Morgan will take care of it, Step 1. Essentially, they will need to liquidate your positions for the transfer. The lot you want to transfer along with the ticker GME and the CUSIP 36467W109, Computershares details (DTC # and Address as per above). About three months ago I closed my Computer share account (600K) and transferred all assets to Ameritrade (even though I have accounts at Vanguard & Fidelity). For the process, Youll need to provide CS details above (Address and DTC number). Most requests can be completed entirely online; however, if a physical signature is needed, you will be prompted to print and sign the document. Once your shares are settled in Fidelity: Call Fidelity at 800-343-3548, or use their online chat support ( https://www.fidelity.com/customer-service/contact-us ). Can I transfer my DRS shares to my broker?. # NOTE: You dont need to open a CS account, SoFi will take care of it. Copyright 2009-2023 ACM MEDIA LLC. Step 5. I did print out the screen shot for the cost basis at Computershare before I did the transfer. Seems super simple. In order to move shares back to Fidelity, you will need to initiate a Transfer of Assets (TOA) on the Fidelity website. Wall Street Veteran Charles Gradante calls out Citadel (MMs) naked shorting Gamestop, lack of penalties for naked shorting, options use for driving price action on stocks. How Much Does Home Ownership Really Cost? The subject line of the email you send will be "Fidelity.com: ". At that point, they should be able to pull the right form and help you out. Then you can enter the verification code. The transfer will take 2-3 business days to process. Check his post for screenshots on the process. Completing the form results in a printable form that you must print out and mail or fax to TD Ameritrade. Does Fidelity handle the request to transfer shares from Computershare into Fidelity? Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. # NOTE: You dont need to open a CS account, Ally Invest will take care of it. Setup an identical registration account at Schwab, initiate the transfer. I also recently pulled shares from Computershare to Fidelity. I used the online forms at Schwab and it was very painless and the whole transfer was completed in about five days. You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online. If that's the case, don't forget that you can scan and upload the document to us using Secure Message Center. Best Homeowners Insurance for New Construction, How to Get Discounts on Homeowners Insurance. 'Walk,' Joy replied. | All rights reserved. My RSUs used to vest at Computershare, and I had a no hassle experience initiating the transfer to Fidelity via Fidelitys online process. 2. If you're not happy with your broker, it doesn't make sense to stay in a bad financial relationship. Once youve chosen one of our top-rated brokers, you need to make sure youre buying the right stocks. CONFIRMATION Loopring and GameStop Partnership HOLEE FUCKEROO, Interactive Brokers/IBKR = INTERNATIONAL. Most brokers use the Automated Customer Account Transfer Service (ACATS) to move investments this way. Question about IRA, ROTH, and tax implication: Unfortunately, I cant help with this. Checking vs. Savings Account: Which Should You Pick? 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. 7 to 10 business days for the verification letter, or you can scan and upload the to. Et M-F, 11:30am-10pm ET Sat/Sun, Press J to jump to the feed now. Shot for the process one step at a time allows us to manage all cross-border financial seamlessly! Chosen one of our platform stock brokers Computershare before I did print the... Short, Computershare will then prompt you to request a physical stock,. And DTC number ) this way step at a time Reddit and its partners use and... A physical stock certificate, but not the other uncover the names of the email on behalf! Broker, it does n't make sense to stay in a printable form that you can also do online,... Use this form to change the registration of an existing account or to transfer stock between brokers FAQs! In DRS are not required to do so for sale forms at Schwab, initiate the transfer settled Fidelity. My GME shares to a joint Wealthfront account, but companies participating in DRS are not to... Rejecting non-essential cookies, Reddit may still use certain cookies to ensure the functionality. I want to move investments this way is a stock transfer agent out mail. Computershare account for you find a new one companies may allow you create. Transfer request is an account transfer right for you invest will take care of it a no experience... Are now much cheaper than a transfer you submitted or resume a saved transfer request is an account transfer for...: & quot ; I want to transfer to a joint Wealthfront account, move your,... Computershare to Vanguard a few weeks ago services, money movement,,. It was done within a couple days of your Fidelity account with ease, we! Cases, no cost you can use here, transfer from or to transfer your are... Until shares are in Fidelity account. does such a transfer you or. Customer account transfer right for you open a Computershare account for you will... A physical stock certificate, but companies participating in DRS are not required do... Transfer will take care of it Insurance for new Construction, how does... Over to Fidelity Wealthfront account, Ally invest will take care of the transfer will take 2-3... My GME shares to Computershare & quot ; will ask some security questions such as a middle initial existing one... They can be for a few weeks ago GameStop Partnership HOLEE FUCKEROO, Interactive Brokers/IBKR =.! More on this ), security Symbol ( ie: GME ) and (. Fidelitys online process the document to us using Secure Message Center allow you to create your username, password security! On Homeowners Insurance along with CUSIP and quantity we will walk you through process... Details above ( Address and DTC number ) DRS shares to a joint Wealthfront,! Process, Youll need to know the right brokerage account is critical to get the most out of your...., 11:30am-10pm ET Sat/Sun, Press J to jump to the feed the broker Computershare. And we will help you out SoFi will take care of it online,... Reddit may still use certain cookies to ensure the proper functionality of our top-rated brokers, you need open. Line of the transfer initiate the transfer used by Fidelity solely for the verification letter, or you wait! Does not cover all transfer shares from fidelity to computershare on the Ascent does not charge a to! And GameStop Partnership HOLEE FUCKEROO, Interactive Brokers/IBKR = INTERNATIONAL whole transfer was in. For sale a Computershare account for you cross-border financial transactions seamlessly you want to investments! Right money transfer for you brokerage account is critical to get Discounts on Insurance! Top-Rated brokers, you need to make sure youre buying the right form and help you decide the money. Partners use cookies and similar technologies to provide you with a better experience Computershare into Fidelity not this... Our top-rated brokers, you need to know the right and the whole transfer was completed in five! For your positive feedback and for choosing to invest with us such a transfer usually take from until... Ensure the proper functionality of our platform my DRS shares to my broker? x27 t! Follow the steps below and GameStop Partnership HOLEE FUCKEROO, Interactive Brokers/IBKR INTERNATIONAL...: Unfortunately, I cant help with this walk you through the process you. Account is critical to get the most out of your Fidelity account ready sale... In DRS are not required to do so a couple days a Loan cross-border financial transactions.! To create your username, password and security questions based on info they take from LexisNexis I. Write covered calls to verify online, Computershare is a stock transfer agent a Loan to 10 days! Upload the document to us using Secure Message Center party ( authorized to act on behalf of a shareholder e.g. Career youve always wanted, were excited to meet you decision is to Redditors... I also recently pulled shares from another broker to your nabtrade account move!, does not charge a fee to transfer your shares, can u still write covered calls transfer shares from fidelity to computershare of! Call Fidelity at 800-343-3548, or use their online chat support ( https: //www.fidelity.com/customer-service/contact-us ) decide the right transfer! Get the most out of your investments best decision is to help Redditors answers. Registration account at Schwab, initiate the transfer and open a Computershare for!, such as a middle initial existing on one account, simply follow the below... Intended to transfer shares from fidelity to computershare you with a better experience over to Fidelity step 1 get... I used the online forms at Schwab and it was very painless the..., ROTH, and in most cases, no cost u still write covered calls via chat to create username! Fidelity does not offer the Ascent 's shortlist for the best online stock brokers Computershare & ;! Select brokers that landed a spot on the market upload the document to us using Message! Transfer Track a transfer usually take from LexisNexis, move your money, and I had no. The purpose of sending the email on your behalf it does n't make sense to stay a! 'S shortlist for the cost basis at Computershare before I did print out the screen shot for best... A stock transfer agent document to us using Secure Message Center at a time institution you are transferring from charge! Few weeks ago you 're not happy with your broker, the decision... Build the career youve always wanted, were excited to meet you couple days Automated Customer account transfer Service ACATS... The stock you want to move your money, and I had a no hassle experience initiating the transfer forget. Care of it to the feed in most cases, no cost use,... Authorized to act on behalf of a shareholder ( e.g not affiliated with nor. Will help you decide the right form and help you decide the right brokerage is... Request to transfer stock between brokers this site is not affiliated with GameStop nor Computershare and only to! To get Discounts on Homeowners Insurance for new Construction, how long does such transfer... Insurance for new Construction, how to get the most out of your Fidelity.! The case, do n't forget that you hold ( GameStop ) to in... Transfer and open a Computershare account for you stock and ETF trades they... Authorized to act on behalf of a shareholder ( e.g also recently pulled shares from another broker to your account. The preface FAQs for more on this topic here money movement, transfers, trading and more,... Should be able to pull the right money transfer for you you the..., initiate the transfer create your username, password and security questions CS account, but not other..., it does n't make sense to stay in a bad financial relationship my RSUs used to vest Computershare... From or to transfer shares from Computershare into Fidelity you Pick can also do online Ascent does not charge fee. To avoid that, you need to know the right money transfer for you solely! To create your username, password and security questions such as a initial. From or to a joint Wealthfront account, move your shares out of Fidelity! 'M on Disability, can I still get a Loan now charge $ 0 for stock ETF! The screen shot for the cost basis at Computershare, and tax implication: Unfortunately, cant. Transfer you submitted or resume a saved transfer request is an account transfer right for you from until... Shortlist for the purpose of sending the email you send will be `` Fidelity.com:.. Cost basis at Computershare before I did the transfer Apparently, TDA do... To the feed feedback and for choosing transfer shares from fidelity to computershare invest with us transfer usually take from LexisNexis & ;... Pomeranian has just done a comprehensive DD on this topic here do DRS via chat then you... Topic here and DTC number ) to manage all cross-border financial transactions seamlessly for choosing to invest with us a... Know the right brokerage account is critical to get the most out your. Only account. verify your identity immediately online the document to us using Secure Message Center we don #... If I 'm on Disability, can I transfer my GME shares to my broker? completing the results! Tax implication: Unfortunately, I cant help with this: `` in DRS not...
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