does computershare charge a fee to sell stock

A prospectus for the CIP is available from Computershare. 0000001559 00000 n Did you have to sign a form from vanguard and mail in all the statements and whatnot? 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. The table below outlines the options residents of Canada can explore to obtain a Medallion Signature Guarantee (MSG). 0000032589 00000 n I thought the whole ordeal was online but it's asking me to do some paper work as well. Computershare may, under certain circumstances, require a transaction request to be submitted in The IBM Dividend Reinvestment option provides stockholders of record with a convenient and simple method of purchasing additional shares with a minimal investment fee. 1 844 782 6763, Online at: They are generally very inefficient and unresponsive. Not sure what Compushare is, but either way should work, as either way you'll want to sell the stocks and buy index funds. endstream endobj 15 0 obj <> endobj 16 0 obj <> endobj 17 0 obj <>stream 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. %%EOF 0000014876 00000 n endstream endobj 320 0 obj <>stream The money arrived - some 45 days after the trade. 0000010179 00000 n Some NPCs are worthless. Not sure if I can added my two pence worth here but I currently work for a large multinational. 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. As a registered owner, you receive dividends, annual reports, proxies and other mailings directly from EQ Shareowner Services. No response so now have lodged formal complaint with FXCM using their formal online complaint form. New investors can become IBM stockholders with as little as $500. Computershare did not charge me any other fees. I bet that's why they don't want to do it. Purchase and sales fees are determined by each company individually. 5a3@A?3F7h>W Or via overnight/certified/registered delivery mail to: Computershare 0000039605 00000 n The surety fee varies for each situation. To say they were icompetent would be complimentary. 0000002850 00000 n Could a broker handle this? Because it's a competitive world and brokerages want your money badly. 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. 0000007608 00000 n 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. Please note that in some cases it may be necessary for Computershare to charge a research fee. Computershare is not a brokerage and does not have a set fee for the purchase or sale of stock. endstream endobj startxref + Investor FAQs . Poshmark takes a flat 20% of . then i'll buy vtsax. Computershare is awful. Askaboutmoney.com - the Irish consumer forum. Certificates cannot be issued for fractional shares. Individuals may be eligible to utilize the Medallion Waiver Option in place of the Medallion Guarantee stamp. endstream endobj 319 0 obj <>stream %PDF-1.5 % P.O. 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. How do I designate . "> 6wH/j (0b``:{ }I All IBM common stockholders of record, including those who hold IBM stock certificates, are automatically eligible to participate in the CIP. I have made 2 DRS from Fidelity to CS, no fee was charged. 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 table below outlines the options residents of the United States can explore to obtain a Medallion Signature Guarantee (MSG) or alternative. I want to have everything in Vanguard and revinest the dividends. Calling from UK: In retrospect, the question of why do I want to transfer when I "own" the shares already (in case you second guess as well). hXj#1JJ)$i3n?$#xdp @J*VP{BQ4PtFZuAR"dKJF?uS6z h5t\(cI|\Nt6h!jgH3Ieuv RjihLIu0qtrm7^Upm7}sDgd_$%. However I live in New Zealand and at some point down the track I'll want to do something with it while living here. 0000001196 00000 n Individuals should contact the Guarantor directly to determine the availability of Medallion Signature Guarantees, and the Guarantors' specific requirements. 0 I assume the $s not in a retirement or other restricted account. Just wondering. CRH, then CRH would welcome feedback if they are not doing it right. i'll just have to pay capital gains at the end of the year. If someone is sending in both the medallion waiver fee and a surety fee to replace a lost stock certificate as part of the request, a separate check must be submitted for each fee. Send all required documents via regular mail to: Computershare Our shares are dealt with Computershare USA and I have found them very effective, efficient and once shares are sold funds are usually in my account in approx 3-4 working days. All rights reserved. 0000028320 00000 n are subject to different fees. Where can Canadian residents obtain a Medallion Guarantee stamp? Fill out the Etrade DRS transfer form and upload it to your account. 0000016336 00000 n Does Computershare charge transfer fee to receive? IWC Probate Services is a leading probate service provider with a head office in the United Kingdom. For more information, please call 1-800-631-2355 or visit computershare.com/verizon. I figure these questions were to ensure I'm somewhat aware of what I am doing. Support - Download fixes, updates & drivers. Write the check number in the box on the Transfer Request Form where the Medallion Guarantee Stamp would normally be affixed to the form. 0000002608 00000 n Eligibility requirements are: If the submitter opts for the Medallion Waiver they MUST include the following with their request: Computershare accepts Money Order, Cashier's Check, or Personal Check. Turning to Wall Street, AXP stock comes in as a Hold. Call back. 67(Nse6bTW]v?}_\7ezd^/zFev74E;ouW7//&Z_>H)e[w"9s~vc5'myO/>zy4|9|xjbAu]f^~^m-|wvb^Ye1O8CQ&$ @ The fee to Computershare for utilizing this service is $1 which will be deducted from your investment and replaces the $5 additional investment fee. 0000001478 00000 n 15 0 obj <> endobj the applicable stock exchange, by Computershare at its sole discretion or, if Computershare's broker has not filled the order, at a Participant's request made online. h25U0Pw/+QL)627)@iS(mPD$C*R"vv A 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. 0000002404 00000 n {o9Hr{Cp4*KtN`6m"s!jz[L|Rp0. @ Takes about a week for the shares to arrive. The reason is Etrade has the easiest method for performing the DRS transfer to move those shares over from Computershare. SELLING SHARES THROUGH COMPUTERSHARE There are three ways to sell your shares: By phone.Call 1-800-305-9404. hb```g```X,=2FV$PQ w - :`3^2Lm ssa@7Z+ hbbd``b`$@` BA 9+H0 "Dx k 0000022709 00000 n To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. Computershare does not charge any fees for account maintenance or stock transfers. I wouldn't dream of selling shares through a Company Registrar. 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. When you deposit your shares you no longer have to worry about safeguarding physical certificates. 0000027917 00000 n However, shareholders are charged when withdrawing funds. !# \ Bdjd'"@dYjKkmy|lT8 5jG G35TCw9t6FT|)[GNr=_nb$*%u+,bzf'ttoA| ]xR4j7ZKiqgX1XAw_T"jHQK3~ps=qK sm#V$\Ke4S:=9 By Internet.Go to www.computershare.com. Computershare will code a registered shareholder's account to electronic delivery of shareholder materials upon your request to them. .HLNq- Eligibility requirements are: $10,000,000 ($14,000,000 for Security Transfer Association members). It may not display this or other websites correctly. I sold four lots of shares on 14 June, three through Capita Registrars and one through ComputerShare (on the honestly given advice of my stockbroker who said he couldn't compete on cost!). It's like pulling teeth getting all the paperwork/funds. *tGMHf&/d^yg1/ 7. No fee. This does not seem right. }w rhw`%5o5)ng`$b>4p5_Z$n]{~ iHvmy?* !MS5>umOmi4%:S'U Please note that such service providers may compensate Computershare for referrals to their firm. Well, when it transfers, I want them to have go through the process of finding the real share to register in my name. I went online on 1st. 0000039321 00000 n If the market is closed, your order will be submitted beginning at the start of the next day the stock market is open. Very informed comments from above posters. If you own your shares through a bank or brokerage firm, you should contact that firm. In addition, the deposited shares have all the benefits of investment plan shares. Thanks, Brendan - I wrote to the CEO directly as suggested. If you would like to sell shares you already hold, you can use Investor Trade, Computershare's online share sale facility for issuer sponsored securityholdings. JavaScript is disabled. New comments cannot be posted and votes cannot be cast. 0000009627 00000 n hb```f``rb`e``g@ ~rt0($dD $ z|AKx503t\1EqC'S&+D!X4q'30l 3j jI %PDF-1.6 % 0000004705 00000 n \m 0044 20 8150 2010, Send email enquiries to: 14 0 obj <> endobj *_~[^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@ 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 Computershare Investment Plan is available to current IBM stockholders in addition to new investors in IBM common stock. One thing, transferring common stock is all on your brokers side computer only mails a statement that you present to your broker. application/pdf You may buy shares directly through the Computershare Investment Plan. Instead, ComputerShare is a stock transfer agent. Can anyone confirm that there are no fees to transfer, DRS & hold? I told here I was well aware of the fees associated with buying & selling though computershare. 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. Where can United States residents obtain a Medallion Guarantee stamp or alternative? 59 0 obj <>stream weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. If the value of the transaction exceeds the limit, the MSG will be rejected. www.MSGlookup.com, Computershare Medallion Waiver Program , An alternative to the Medallion Guarantee. 0000022260 00000 n We talk about Computershare. 0000037413 00000 n You can transfer shares or make gifts of IBM common stock. A certificate can be issued for any whole shares held by Computershare in your plan account. 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. 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. Medallion Signature Guarantee for people residing outside of the United States. 0000010015 00000 n 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. Anything I should know/avoid? Any advice one what is best? Had terrible experience with computershare recently also. For this purpose Computershare may 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. hTmk@+^N The service is available to investors in companies where Computershare acts as share registrar. Why? endstream endobj 323 0 obj <>stream But all brokerages worth a damn will offer dividend reinvestments. She informed me that there was a fee associated with the registration of the share. Statements and additional information for your registered stockholder account is available on-line through Computershare. If you have employee shares you just call and give your brokerage information. uuid:11c7d7be-0820-4206-981f-3b3e37f2eef9 If you have employee shares you just call and give your brokerage information. Computershare will execute your order at the market price. 0000000016 00000 n endstream endobj 318 0 obj <>stream IBM's common stock may be purchased through the Computershare Investment Plan (CIP), which is sponsored by Computershare Trust Company, N.A. Since most online brokers now charge $0 for stock and ETF trades, they are now much cheaper than a transfer agent. endstream endobj 321 0 obj <>stream 0000017363 00000 n The two most common direct purchase plan administrators are ComputerShare and American Stock Transfer & Trust Company ( AST ). Both are cheaper than StockX's fees of 10% and $9, but still pricey. 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. 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. A Medallion Guarantee only applies to the specific transaction that has been requested. By mail.Submit a signed letter of instruction. A periodic statement of account is provided reflecting the number of book entry shares registered in your name and held by Computershare. At the same time, we will request that you pay our administration fee of R288.75 (or R350.00 for urgent cases) directly into our bank account using your shareholder reference number as reference. xref Read Computershare vs Ameritrade, Fidelity and Schwab . You can also invest in Vanguard funds outside of Vanguard. The Computershare Investment Plan is available to current IBM stockholders in addition to new investors in IBM common stock. Get direct access to the most common shareholder account transactions without having to dial a number, or login to Investor Center. It has a convenient website where customers can login and check transactions, holdings, balances, and other information. Sept. and sold through computershare 3 shareholdings. 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. Computershare does not share nonpublic personal . a shareholder can request a physical stock certificate to be issued at no charge. 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. 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. 0000014017 00000 n I should have mentioned I want to change from one stock to VTSAX. 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. 0000009086 00000 n hT9gA*X ~h5b! 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 You will promptly receive a statement from Computershare confirming each deposit of your shares to your book entry account. This means that you must have at least one share registered in your name on the records of IBM. A fee of $5 per investment will be deducted (prior to investment) from the check of current stockholders of record. Through none of my research did I see that. I also told here that neither Fidelity nor computershare charge for the transfer. Please contact the moderators of this subreddit if you have any questions or concerns. On this computershare FAQ page at "What fees does computershare charge" it appears the service of shareholder registration is covered by the company hiring computershare. In addition, none of the information set forth on this website constitutes a recommendation to invest in our common stock. I felt a bit uncertain so got talked into just doing a test transfer of X shares instead of XXX. It does not authorize a party to perform future transactions or to obtain account specific information. 0000032198 00000 n Louisville, KY 40202. eSignature Guarantee offers an online service for stockholders to obtain a Medallion Signature Guarantee. 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. 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. 55 0 obj <>stream 0000040232 00000 n Book entry shares also eliminate the requirement for physical movement of stock certificates at the time of sale or transfer of ownership. 0000027551 00000 n boydj The agent was like FYIs Fidelity will not lend from cash accounts, shares are mine yadah yadah. Use promo code COMPUTERSHARE to receive a discount*. Sellers start by paying Goat a 9.5% commission fee, in addition to a flat $5 seller fee in the US. ?o0WSBR|)l}4#f3M[0L,&iYS'HUO-{a!L'Zm%+y7a$J9zbymjgq\H7;M!gyi>` >stream Oh and why do I want to transfer just out of curiosity? h}PThAv={QbYEeB$F1L3I#WQ@cA2|$5X*tg}ts{;+#.L&sK\1StH+ym<5h^'8zH8X[ fE&;pTWYg/bJIqIdKKb0'P5%21XrBQ[L 4Jfe2Iv.o%%;IYc{ Individuals should call Computershare at the number provided on a recent Statement and speak with a representative for further information concerning legal paperwork requirements. The . The customer service agent asked for some info, then asked me a few questions. Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service. h25R0Pw/+Q0L)643$-A@ * For this purpose Computershare may combine each selling shareholder's shares with those of other selling shareholders. ]+JKK@F See Alpha Prefix and associated coverage limits on table provided below. 2007-05-10T09:08:42-05:00 Press J to jump to the feed. Most companies pay the dividend reinvestment fee for you(not computershare but the company you have stock in) the fees are also ffferent for each company. hWr8}WR&RI[m2ixf}%:V+Ji#EjE mE2`!O}h$j}J=xm rv= Out of 16 analyst ratings, there are seven Buys, six Holds, and three Sell recommendations. To request a certificate withdrawal, simply contact Computershare (seecontact information). Press question mark to learn the rest of the keyboard shortcuts, https://www.schwab.com/public/file/P-221972/APP13017-26-ADA.pdf. To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. I imagine they were happy to have talked me down. The Computershare Investment Plan allows for physical certificates to be deposited into your account and held in a book entry position. I feel like taking it up with the Financial Regulator but I suppose life'e too short! Not looking to sell at any stage soon or do anything with it. I should have mentioned I want to change from one stock to VTSAX. I have'nt dealt in shares myself for some time now. 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. I just did this from Computershare to Vanguard whole process took about a week. BTW some of the share certs are old and don't match the holding. 0000012810 00000 n The Computershare Investment Plan provides investors with a convenient and simple method of purchasing shares with minimal service fees. Louisville, KY 40233. instructions how to enable JavaScript in your web browser, Flexibility and choice for your employee equity plans, Manage your equity awards the way you want, Full service administration for your equity awards, Partial-service administration for your equity awards, Execution-only service for your equity awards, https://www-us.computershare.com/Investor/#Help/PrintableForms, www.iwcprobateservices.co.uk/overseas-probate-medallion-guarantee, Georgeson Proxy Solicitation and Consulting, KCC Bankruptcy and Class Action Administration, Residents of The Bahamas and the United Kingdom, A check for $50, payable to Computershare, and, A copy of a government-issued photo ID such as a passport or drivers license the ID must be of the person signing the form, Check for $50 payable to Computershare and. Transfer Agent vs Broker Summary One thing, transferring common stock is all on your brokers side computer only mails a statement that you present to your broker. https://esignatureguarantee.com. 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. Where can a person who resides outside of Canada and the United States obtain a Medallion Guarantee stamp? You are using an out of date browser. 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. Contact Computershare for details (seecontact information). Apparently they aim to respond within a week but the regulator allows them 2 months. You must log in or register to reply here. To initiate automatic investments, you must complete and sign an Authorization Form for Ongoing Automatic Deductions and return it to Computershare (see contact information ). 0000004950 00000 n 3 yr. ago. h23T0P041W04Tw/ 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 All shares purchased through the plan will be held for you in book entry form by the plan administrator. 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. Please review the prospectus carefully before you decide to invest. IBM stock certificates currently held by you may be deposited with the plan administrator for safekeeping. *This listing does not constitute an endorsement or recommendation by Computershare. 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. Q. PO Box 505005 If you don't need to sell your KO shares you should just leave them at Computershare. 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. An elderly relative has a number of shares in FBD/AVIVA and asked me to assit him in selling them. I've had my dad's stock that I didn't pay attention to for years - pays $30 quarterly. The table below outlines the options individuals who reside outside of Canada and the United States can explore to obtain a Medallion Signature Guarantee (MSG). fP T((?98$Z?M?$$$TZTZToQlg@7tAn&@N 9 I'm executor of an estate and share sale executed on 16th of June. (whether intentionally or not). This permits you to make regular investments, if you choose, in an amount and schedule that are comfortable for you, without the inconvenience of writing and mailing checks. Ililisister 3 yr. ago just found out basically computershare will charge me to liquidate at .07 a share + $11 or $20 fee - vanguard will do it for free. Institutions participating in one of the following Medallion programs: Securities Transfer Agents Medallion Program (STAMP), New York Stock Exchange Medallion Signature Program (MSP).

Yale Dnp Executive Leadership, Gary Ablett Jr Son Diagnosis, I Got A Raise But My Paycheck Is Less, Kirksville, Missouri Obituaries, District 219 Salary Schedule, Articles D