does computershare charge a fee to sell stock

Check with your financial institution to determine if this option is available. No. %PDF-1.6 % I assume the $s not in a retirement or other restricted account. 0000023367 00000 n For this purpose Computershare may We talk about Computershare. Create an account to follow your favorite communities and start taking part in conversations. I'm hoping it's more of a fee per transaction as opposed to each share. 0000001478 00000 n Individuals may be eligible to utilize Computershare Australia to meet the requirement of providing a Medallion Guarantee stamp. 0000039659 00000 n Automatic investment enables you to pre-authorize Computershare to purchase additional shares each month by electronically debiting your check or savings account at a U.S. financial institution. 0000009627 00000 n Create an account to follow your favorite communities and start taking part in conversations. Edit and TDLR: Getting downvoted so I have to clarify I just want to know if anyone had the experience of paying fees at any point and to say Fidelity is definitely trying to stem the tide in some way even if they are not blocking. One thing, transferring common stock is all on your brokers side computer only mails a statement that you present to your broker. Dy*." 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. The two most common direct purchase plan administrators are ComputerShare and American Stock Transfer & Trust Company ( AST ). Or, use our new online dealing desk to sell your shares Go to Online Share Dealing 0000017363 00000 n You can select to have your dividends reinvested (they charge a 5% fee ($2 max)) and your account will grow. 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. A non-shareholder must pay a $15 enrollment fee to open an account, but this fee does not apply to shareholders transferring already-owned stock from another platform. Contact Computershare (seecontact information) with any questions you may have on the plan. All rights reserved. For a better experience, please enable JavaScript in your browser before proceeding. Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. Following is a link to a searchable database: I should have mentioned I want to change from one stock to VTSAX. XH|xM-hw+tky-yylr,imSAC+M2ic!-|HocT`/"Tpuxk~Yf3d_ll.`SEf 0000036928 00000 n This does not seem right. 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. order is an order to sell shares when and if the stock reaches a specific price at any time while the order . Statements and additional information for your registered stockholder account is available on-line through Computershare. hT0Pw/+Q02L)65))#(m!vv o The fee to Computershare for utilizing this service is $1 which will be deducted from your investment and replaces the $5 additional investment fee. 0000027917 00000 n I got notification of deal within 3 days and cheques in post on 4th which arrived on 8th. Use promo code COMPUTERSHARE to receive a discount*. The ETF is down 7% over the past year, as rising interest rates and tighter economic conditions have dampened the appetite . Regardless, I will continue buying on Computershare and transfer more once I get the confirmation! However, shareholders are charged when withdrawing funds. 67(Nse6bTW]v?}_\7ezd^/zFev74E;ouW7//&Z_>H)e[w"9s~vc5'myO/>zy4|9|xjbAu]f^~^m-|wvb^Ye1O8CQ&$ @ Contact Computershare for details (seecontact information). A Medallion Signature Guarantee stamp can be obtained at a bank, credit union, broker, or other financial firm. 0000011579 00000 n I felt a bit uncertain so got talked into just doing a test transfer of X shares instead of XXX. See Alpha Prefix and associated coverage limits on table provided below. 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. I imagine they were happy to have talked me down. The average American Express stock price target is . Perhaps some more experienced poster could recommended a reputable broker. I am a bot, and this action was performed automatically. Join our community, read the PF Wiki, and get on top of your finances! endstream endobj 319 0 obj <>stream BTW some of the share certs are old and don't match the holding. Computershare will code a registered shareholder's account to electronic delivery of shareholder materials upon your request to them. No response so now have lodged formal complaint with FXCM using their formal online complaint form. 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. Join our community, read the PF Wiki, and get on top of your finances! You can transfer shares or make gifts of IBM common stock. Documents were lost, unexplained delays. 59 0 obj <>stream To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. I sold four lots of shares on 14 June, three through Capita Registrars and one through ComputerShare (on the honestly given advice of my stockbroker who said he couldn't compete on cost!). ]+JKK@F 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. 0000002404 00000 n %PDF-1.5 % We get a share package and can contritbute if we wish to do so. PO Box 505005 0000022709 00000 n 0044 20 8150 2010, Send email enquiries to: startxref IBM's common stock may be purchased through the Computershare Investment Plan (CIP), which is sponsored by Computershare Trust Company, N.A. 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. 0000004705 00000 n *_~[^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@ However, you may buy and sell Class B shares through the Computershare Direct Stock Purchase and Dividend Reinvestment Plan. 0000007608 00000 n Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. i'll just have to pay capital gains at the end of the year. The book entry form of ownership allows you to own shares without having physical stock certificates in your possession. Computershare with this account number by phone, mail, or e-mail. Very informed comments from above posters. Shares purchased through the CIP will be held in book entry form at Computershare. 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. A certificate can be issued for any whole shares held by Computershare in your plan account. You can search for institutions that participate in the Medallion Signature Guarantee program here: www.MSGlookup.com. 0000022260 00000 n Can anyone confirm that there are no fees to transfer, DRS & hold? 0_e_1Ay|!:|IBYe'nX|8qHJ&!J%Cn|"V9q8>|+#6Jv)TQ|*YY.m` Initiate Transfers from the Receiving Broker If you are ever considering moving money around to different accounts, it is almost always best to initiate the transfer from the receiving party. 0000028320 00000 n www.MSGlookup.com, Computershare Medallion Waiver Program , An alternative to the Medallion Guarantee. h The reason is Etrade has the easiest method for performing the DRS transfer to move those shares over from Computershare. 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. endstream endobj 15 0 obj <> endobj 16 0 obj <> endobj 17 0 obj <>stream 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 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)? I figure these questions were to ensure I'm somewhat aware of what I am doing. Here is a result from a quick google search on schwab: https://www.schwab.com/public/file/P-221972/APP13017-26-ADA.pdf. Not a great way to do business though - I'll have to wait and see if it actually arrives as promised! I should have mentioned I want to change from one stock to VTSAX. In addition, the deposited shares have all the benefits of investment plan shares. You can also invest in Vanguard funds outside of Vanguard. Most brokers have a way to transfer assets. Computershare may, under certain circumstances, require a transaction request to be submitted in 0000039605 00000 n endstream endobj 318 0 obj <>stream Instead, ComputerShare is a stock transfer agent. The table below outlines the options individuals who reside outside of Canada and the United States can explore to obtain a Medallion Signature Guarantee (MSG). h23T0P041W04Tw/ However, you can also request a certificate for full shares. 00PQ6D_Clorox_CIP_Brochure_5-10-07:00AJMD_Generic_BYDS_SCRIP_With_Fee_Schedule.qxd.qxd 5a3@A?3F7h>W I want to have everything in Vanguard and revinest the dividends. And was I aware there is a limit to sell on Computershare, etc. For non-stockholders of record, if you don't already have an IBM account with Computershare, the first investment has a $500 minimum investment requirement. Key features of . Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service. Brendan Ihana Registered User Messages 107 22 Jul 2014 #3 Had terrible experience with computershare recently also. 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. Acrobat Distiller 8.0.0 (Windows) It also issues account statements. If you own your shares through a bank or brokerage firm, you should contact that firm. 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. The benefits of book entry ownership are the elimination of problems associated with paper certificates, such as storage and safety of securities. The Computershare Investment Plan provides investors with a convenient and simple method of purchasing shares with minimal service fees. Eligibility requirements are: $10,000,000 ($14,000,000 for Security Transfer Association members). !Hp a GWA.8'j)1/sw@C)o!~K$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$VmFNCXNnwYF EJWA3e;jNO~c%2TPMTx>ji"kOIAmwinir `G{GwN4*[I)a3evgo-PJ)R>#ch3p7;5~}. h}PThAv={QbYEeB$F1L3I#WQ@cA2|$5X*tg}ts{;+#.L&sK\1StH+ym<5h^'8zH8X[ fE&;pTWYg/bJIqIdKKb0'P5%21XrBQ[L 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 Computershare does not charge any fees for account maintenance or stock transfers. Call back. A prospectus for the CIP is available from Computershare. Computershare cannot tell you what you paid (or received) for your shares, though can assist with settlement dates and share Issues. Computershare will sell full and fractional shares on your behalf. Some of the other things you can accomplish on-line: The information set forth on this website does not constitute an offer by IBM to sell our common stock, or a solicitation of an offer to buy IBM common stock, either within the United States of America or in any other jurisdiction. Transaction fees of around $15 plus $0.12 per share when you sell shares; Some companies don't charge fees for application/pdf Go to www.computershare.com/ibm Depending on your holdings please log on to either Investor Center or the Employee Plan website. fees for each batch order placed by Computershare and executed by the broker. Anything I should know/avoid? If the value of the transaction exceeds the limit, the MSG will be rejected. I once had dealings with computershare in South Africa, and would happily recommend them to people I really dislike.

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