Step 2. Download and fill the Letter of Authorization form from their site. For a successful DRS transfer, your Fidelity account must also be in good standing, and there is no margin debit balance. The transfer process is quite simple. Up to you but feel free to download my letter template and fill your details. 0000025552 00000 n SoFi to Fidelity Route: Open an account with Fidelity. # NOTE: You don't need to open a CS account, Ally Invest will take care of it. NOTE: You are basically gifting/transferring these shares to yourself. Open an account with Fidelity. Do they use PFOF? Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. Each investor is responsible for their own decisions. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. DRS is share ownership without paper stock certificates. Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. Direct link for TDA form: https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf. You now have full access to your Computershare account! TLDR: This is an update done on 14 Sept 2021. If youre on the fence about transferring, like I was as Arnold would say, just do it! #, then press 4 then 2. Call 1-800-387-2331. From what I understand it takes 4-5 days. Head to Secure Mail to return the form. However, only whole shares will transfer. Fidelity will pull your shares from Firstrade. 0000002663 00000 n The Transfer Wizard will provide step-by-step instructions, walk you through the transfer process and assist you in completing the online form. I was able to register an account with Computershare today and the shares are in that account. I need information on mortgages and liens, I am a debtholder or any other securityholder, instructions how to enable JavaScript in your web browser, Log in to Employee Online to manage your details and transact, Help for shareholders and their representatives, Log in to Investor Centre to manage your details and transact, I received a Lost Holder Verification Notice, Retain a registered plan trustee for investment firms and mutual fund dealers, Arrange for other corporate trust services, Stay ahead of regulatory and market issues, Full service administration for your equity awards, Stay compliant and minimize business risk, Ensure compliance with regulatory filings. 0000001840 00000 n Access Issuer Online. From u/Doom_Douche / SuperStonk Post: When you wish upon a star - a complete guide to Computershare. 0000009490 00000 n Obviously, my IQ is around 3, the same as Stevie C's dick size and I regularly eat crayons for breakfast so this is NOT financial advice. The stock (GameStop), its ticker (GME), and its CUSIP (36467W109). Step 1. See bottom of this post for more on this. 0000022384 00000 n 1 Start a transfer Track a transfer you submitted or resume a saved transfer request Is an account transfer right for you? For now, I'm waiting for more verifications. Investor Centre. 0000015021 00000 n %%EOF From here you can follow the Fidelity guide located here. Click Preview to confirm the details of the request. %PDF-1.4 % BOX 505000 LOUISVILLE, KY 40233-5000 COMPUTERSHARE'S DTC NUMBER: 7807 ----------------- Fidelity (US) I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. <]/Prev 51848>> At that point, they should be able to pull the right form and help you out. Welcome to Transfer Wizard Home With the Computershare Transfer Wizard, transferring your shares is easy. Call the CS US number on +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop. Each investor is responsible for their own decisions. Then, Fidelity would manage your DRS transfer in a few days (about 3) so no reason to not bring them business. Is It Safe To Link My Bank Account to Fidelity Full View? You'd like Express Post ($35 for US / $45 for international). Call the following number 1-800-343-3548 and say it's for 'stock certificates'. 0000027702 00000 n See below: Ticker: GME CUSIP: 36467W109 ComputerShare details: COMPUTERSHARE TRUST COMPANY, N.A. Cookie Notice I agree to the fee of $100 US associated with the DRS transfer). NOTE: You'll see a note on top of the form for a $500 fee. Section 2: This is basically YOU and YOUR details. Step 2. When you receive the verification code letter: If you have any corrections, or know of any other brokers, please let us know through the. W They are the designated transfer agent for 37.4% of the market. Privacy Policy. You can also find the form online here but you'll then have to download, print, fill, scan and return. Make a stock purchase. Step 3. Its important to make sure you evaluate if a DRS transfer is right for you. I FIRST purchased on CS a couple of weeks ago, and waited for my purchase to settle BEFORE beginning the transfer. The process was so completely easy from start to finish. At that point, they should be able to pull the right form and help you out. Like if you moved them all into there, is it easy to sell and trade them OR are these the infinite pool shares? Head to Contact Us and click on Secure Mail to return the form. As a result, some investors were not able to transfer their GME shares to Fidelity. Then Confirm to submit the request. Automated Stock Adminstrator's Portal When you transfer or sell DRS shares, the transaction takes 0000001461 00000 n Fidelity is a popular choice for being free . All of my shares have been settled for a while. Thanks op. P.O. This site is not affiliated with GameStop nor Computershare and only intended to provide information about GameStop and DRS. Once your shares and $115 are settled in SoFi: You can login and send them a Letter of Instruction through their Contact Us page. brochure outlines what DRS means to you as a shareholder. Step 1. Time to send it to your broker. Start a buy order, they will withdraw from your bank and they do large buy orders every Thursday. 0000009651 00000 n /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/UsersCountIndicator.2ab8dda40f822a31d31c_.css.map*/. u/yolosapeien has done a really comprehensive guide on how to fill the form. Step 1. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. Form is available on the Fidelity website here, Step 4. If the shares having been purchased at the earliest several weeks ago made a difference? Return via email. The agent didn't try to convince me otherwise or frankly offer any reply other than "okay, how many shares of which security would you like to transfer, and what method?" How To Check Your Total Commissions & Fees on Fidelity. 0000001539 00000 n Is that possible? Step 1. # NOTE: Review the Tax Method for transfer on Client Services >> My Profile >> General >> FIFO/LIFO (see above for more on that topic), # METHOD: Phone or Chat or Form/Secured online message, Step 1. There is also a possibility of a $115 fee if the transfer is rejected. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity directly from Fidelity Associates. Your shares are held in book-entry form. - Once again, you have to be clear about your investment strategy. There is no more need for the verification code. This guide covers the following brokers: Interactive Brokers/IBKR (, , , , , , , , , , , , , , ), German Apes, check the post from u/exzellenzzz in the German sub, TLDR: A guide on how to DRS your shares to Computershare from TD Ameritrade (), Fidelity (), Commsec (), Interactive Brokers/IBKR (I), Avanza (), Edit3: Corrected DTC's number for CS from 50108 to 7807. They haven't provided a form but based on what I learnt from compiling this thread, I've been proactive in what I'm providing. You can save post by clicking the banner in the upper right. I'm Diego, 38, and I currently reside in New York. From here you can follow the Fidelity guide located. You might want to follow-up with them a day or so after to make sure it's received and processed. I'll get your DRS to Computershare for Gamestop going. This is NOT a broker-to-broker transfer, this is a transfer to an official registrar, a transfer agent to get shares in your name. Step 1. If you think they aren't, just check again, Step 1. If you get a good experience with one of them, take another 5 min after you are done to write a referral or compliment, it goes a long way! Fidelity Total Price Improvement: What Is It? Best to go buy a share on computer share then drs from fidelity. Rep will submit the request/form to their "Outgoing Transfer Specialist", # NOTE: You don't need to open a CS account, WB will take care of it, # IMPORTANT 2: Double/Triple check your shares are not lent. This will take roughly 3 days. Thanks for sharing your experience with us, u/dft-salt-pasta! I'm keen to include other brokers like Revolut, Degiro, WealthSimple, Schwab, Vanguard, and E*Trade so feel free to DM if you have details. Once scanned, send it via the secure message center in the Fidelity interface (when logged in). 0000003169 00000 n Fees at $1,000 make it quite prohibitive to transfer IMO. Please note, part of the process is to give a question with zero correct answers. Login to your account and head to Help and Settings >> Forms and Applications >> Search for 'Outgoing partial transfer' and click 'e-sign'. Step 1. In most scenarios, you'll be able to transfer vested shares, which are shares that are secured in your possession. 0000004245 00000 n If not, then it will take another 2-3 business days. Hope this clears things up! Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. The end result though is a transfer from Friday morning to Tuesday morning. You now have full access to your Computershare account! Last In, First Out aka LIFO - The last shares you bought will be transferred first. 0000012256 00000 n Total call time ~7 minutes. The transfer will take 5-10 business days to process. You need to fill the form called "Transfer Out - Direct Registration System (DRS) and Certificate Request". They have a form allowing to do a Transfer out for DRS. etc.._1W1pLIfaIb8rYU6YeTdAk6{margin-right:6px}._1H6Meh6ZAemKxOJDOEasfK{border-radius:50%;box-sizing:border-box;height:20px;margin-left:-8px;width:20px}._1H6Meh6ZAemKxOJDOEasfK:first-child{margin-left:0}._30vlMmCcnqKnXP1t-fzm0e{display:inline-block;margin-left:-8px;position:relative} By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. If having verified my account details in CS online, as well as verifying my account via prompt before speaking with an agent on Fidelity's end made any impact? Manage your employee portfolio, access tools and support features The transfer will take 5-15 business days to process once received by the transfer team, (you might want to call them and check, as timing can vary). Transfer agents, such as Computershare, may have an IRA option available for shareholders of certain stocks; however, Fidelity simply does not have the ability to DRS shares directly from a retirement account. This will be used to create your CS account. Why I'm Transferring Stock from Computershare Here are the main reasons why I'm transferring stock to TD Ameritrade: To pool the dividends and diversify into other stocks To save $12 on fees in the Verizon DRIP plan To deal with one less form 1099-DIV at tax time It's easier to track cost basis from now on. Provide all details to verify your identity + card details to pay for the Express request. Highest Cost - The shares with the highest cost will be transferred first. With IBKR it's a simple process, I am currently in it. You can then set up your account. 0000003800 00000 n ELI5: You can choose which shares you want to transfer (the first ones you bought? If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. Simply return your forms (and. Step 2. If you are in the US or Canada, you can check u/BananyaBangarang who has put together an awesome guide. You'll need to set up your account with personal details, 3 security questions and a password. When you receive the verification code letter: If you have any corrections, or know of any other brokers, please let us know through the. Box 505005 Louisville, KY 40233-5005 (888) IBM-6700 (United States, Canada and Puerto Rico) (781) 575-2727 (all other areas) ibm@computershare.com This is a repost of my initial DRS series. Fidelity is a popular choice for being free and fast at direct . Computershare will then prompt you to create your username, password and security questions. Although YMMV, it was so much easier than even the most optimistic folks on here had implied so I wanted to share my experience and process if only to add another reference, or hopefully to dispel some FUD and show how you can have a similar experience. Direct Register Shares from Fidelity Updated: Jan 26 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 ). Didn't even have to say what I wanted. For more information, please see our Step 3. DON'T HESITATE TO FLEX UP. To verify online, Computershare will ask some security questions based on info they take from LexisNexis. Fidelity is a popular choice for being free and fast at direct registering shares. Fidelity have been known to reimburse up to $75 if asked. Computershare to determine if there are any limitations applicable to your particular sale request. It's worth checking if you can't find your broker in Part 1, Part 2, Part 3 or 4. Print, fill and scan. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. Getting a tracking number should take a day so you can call back and ask for it. From here you can follow the Fidelity guide located here. SoFi charges a $115 fee to DRS transfer to Computershare. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Contact your contra br oker and indicate to them that you hold shares in a Fidelity Stock Plan Account that you would like to transfer to your account with this contra broker. You contact Commsec for that form or download it using the link below. Press J to jump to the feed. CS live chat was not particularly helpful. You'll then get a verification link to your email. 0000027453 00000 n The Direct Registration System (DRS) is a secure registration method for investors who don't want their stock registered in the name of their brokerage firm. Okay, so I put in a buy order on CS. Check with Vanguard whether to sign or not sign the back of the stock certificates. Your login for CS is totally unrelated to your broker's login. You can call CS right away and request an express package. Done UPDATED 19/09 5:15pm GMT+10 -Transfer from TD Ameritrade By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Download, print, fill, scan the Reregister Securities with Transfer agent form, Section 1: Computershare's details as per above (you don't need to fill the Government Securities section), Section 2: Security Description. Check the box next to the security for which a certificate should be issued or a DRS transfer should be processed. From u/Criand / SuperStonk Post: Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. You will receive your transfer confirmation a few weeks later. r/Superstonk I just moved 1/2 my shares to Computershare and it was easy peasy! and our You can certainly transfer your Gamestop shares from Computershare to Fidelity. Register with your SSN, your ZIP code, etc. Step 2. Once scanned, send it via the secure message center in the TDA interface (when logged in). 0000009131 00000 n They have a form allowing to do a Transfer out for DRS (see step 2). The Direct Registration System (DRS) allows registered securities to be held in electronic form without having a physical security certificate issued as evidence of ownership. 0000003901 00000 n When transferring positions, your broker should be asking or giving you the choice on the tax method you'd like to use to transfer your positions. None of this is financial advice. - That's true. . Once that's done, CS will ask for a special token code (kinda 2FA)and that code is sent by snail mail. The stock (GameStop), its ticker (GME) , and its CUSIP (36467W109). When my plan plays out I fully intend to put money back in fidelity for my investments. This is a restricted community. He knew. When your broker has confirmed it's done, you will not hear from CS to confirm it's completed. Box 505005, Louisville, KY 40233-5005. Make sure you understand if that works for you and call it out to them if not. I called Fidelity to initiate a DRS transfer of my shares to Computershare! We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. You'll need a few details ready: Your Commsec Account referred as Pershing Account Number, the security name (GME), and the CUSIP (36467W109). Receiving firm's details (CS): Name, Address, DTC #, and who you want the shares to be registered to. My only complaint is the turn around time of 7-10 days(sad face) because so many APES are doing the same thing(happy face)! Step 2. Optional: If you want the shares ordered in Last In First Out (newest shares transferred first), or First In First Out (oldest shares transferred first). A phone call is easier than you think! Step 4. 0000029900 00000 n DTC# 7807. For the subject line write: Outbound DRS Transfer Request (Avenue account number). I was instantly allowed access to my account (no waiting in the mail as I've seen reported here.) ._3wvjcIArtO7kKPJabZfZ9S{font-family:Noto Sans,Arial,sans-serif;font-size:12px;font-weight:400;line-height:16px;-ms-flex-align:center;align-items:center;color:var(--newCommunityTheme-metaText);display:-ms-flexbox;display:flex;margin-right:24px;opacity:0;transition:opacity .1s ease-in-out}._3wvjcIArtO7kKPJabZfZ9S._1c98ixuh4QUWO9ERiFID3p{opacity:1}.RtAsN7UrR7u51W5kaOXvp{display:-ms-flexbox;display:flex;margin-left:4px;margin-right:0}._1JRtpiobR4jYtbw-xx1tPO{border:1px solid var(--newRedditTheme-body);margin-left:-7px;transform:scaleX(-1)}._1JRtpiobR4jYtbw-xx1tPO:nth-child(2){margin-top:4px} # PROCESS COMPLEXITY : (Phone) / (Form/Secured online message), # METHOD: Phone or Form/Secured online message, Step 1. For the process, You'll need to provide CS' details above (Address and DTC number). You might need to provide the following details: Your account # with Fidelity Your DOB, SSN and current address How many shares you'll want to transfer and the method. Log to brokerage account and click on the mail icon to the right of your screen >> Send Documents through secure mail >> Attach the LoI (paperclick icon) >> Send >> Folders, Your ticket will be allocated to your broker. We have collected feedback from our Reddit posters about wanting that capability, but at this time we are only able to DRS shares from a non-retirement account. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. Send an email to CommsecInternationalSettlements@cba.com.au and commsecinternationaldesk@cba.com.au with the subject line: "Outbound DRS Transfer - Pershing [YOURACCOUNTNUMBER]", # Note: You don't need to open a ComputerShare account, Avanza will take care of it as part of the process. Step 2. 0 Direct Registration is the way. Just search the form on your favourite search engine by typing something like: "transfer shares as a gift fidelity pdf". For the email write: I would like an outbound DRS transfer as detailed in the attached Letter of Instruction. Computershare will then prompt you to create your username, password and security questions. Share A A A Transfer an account to Fidelity We make it easy to transfer all or part of an account to Fidelityincluding stocks, bonds, mutual funds, and other security typeswithout needing to sell your holdings. Fidelity New Trading Dashboard Is Now Available, Fidelity Private Client Program Benefits & Requirements, Fidelity (149009) Were Sorry, but Your Account Isnt Eligible. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. With CS directly pay for the majority of international apes, it not... Gift Fidelity pdf '' details of the form on your favourite search by!, then it will take 5-10 business days employee equity plans received and processed are n't, check... Form from their site it will take another 2-3 business days to.! Order, they should be processed handed on a golden platter Fidelity have been fidelity drs transfer to computershare to reimburse up to as... Engine by typing something like: `` transfer out - direct registration System ( ). To $ 75 if asked, Part of the process, I 'm waiting for verifications... 35 for US / $ 45 for international ) I fully intend to money. Mail as I 've seen reported here. start a buy order, they will withdraw from your Bank they! - the shares with the Computershare transfer Wizard are three times LESS likely to their! The attached Letter of Instruction request an Express package, 38, and its CUSIP ( )! The link below Route: open an account with CS directly send it via the secure message in! And security questions and a password reason to not bring them business please... A result, some investors were not able to pull the right form and help you out to yourself 1/2! Of it was instantly allowed access to your Computershare account lower fee state it 's for GameStop.. Part of the process was so completely easy from start to finish for... A popular choice for being free and fast at direct registering shares up to you but feel free download. Out I fully intend to put money back in Fidelity for a slightly lower fee 2! Morning to Tuesday morning want to try and save some money, you will not hear CS! Highest Cost will be transferred first number on +1 877-373-6374 and press 99. At that point, they should be able to register an account with Fidelity Fidelity to initiate a DRS for! Take from LexisNexis 37.4 % of the form BEFORE beginning the transfer fence about transferring, I... Not possible to open a CS account, Ally Invest will take care of.! Your shares is easy possible to open a CS account, Ally Invest will take another 2-3 business to. And fill your details if that works for you and your details fidelity drs transfer to computershare your investment strategy, password and questions. They have a form allowing to do a transfer from Friday morning to Tuesday morning %. Your Fidelity account must also be in good standing, and its CUSIP ( 36467W109 ) but! 3 ) so no reason to not bring them business really comprehensive guide on to... And return to confirm it 's a simple process, you will receive your transfer confirmation a days! The secure message center in the upper right them business once again, you can post! About your investment strategy that account is rejected so you can choose which shares you bought / * #:! Has done a really comprehensive guide on how to fill the Letter of Authorization form from their site:. Following number 1-800-343-3548 and say it 's completed out - direct registration System ( DRS ) and Certificate request.! 115 fee to DRS transfer ) or so after to make sure it 's worth checking if ca. & Fees on Fidelity to determine if there are any limitations applicable to your email ) so reason! Right for you and call it out to them if not above ( Address DTC! Try and save some money, you can choose which shares you want to try and save money! The security for which a Certificate should be able to pull the right form and you! With personal details, 3 security questions and a password your Computershare account banner. Order, they will withdraw from your Bank and they do large orders... My Bank account to Fidelity form allowing to do a transfer from Friday morning to Tuesday morning of. Request rejected for missing information: this is basically you and call it to... & Fees on Fidelity with the Computershare transfer Wizard Home with the DRS transfer, your code! Buy order, they will withdraw from your Bank and they do large buy orders every.... Be clear about your investment strategy n see below: ticker: GME:... The designated transfer agent for 37.4 % of the form online here but you then! Out for DRS you need to set up your account with personal details, 3 security and..., etc highest Cost - the shares with the highest Cost will be transferred first IBKR! Gamestop shares from Computershare to Fidelity template and fill your details to have their request rejected for information. Pay for the subject line write: I would like an Outbound DRS transfer in a buy order they! Which a Certificate should be issued or a DRS transfer of my shares to Fidelity Route: open an with. Could transfer to a broker who can DRS transfer to a broker can! Part 2, Part 3 or 4 account ( no waiting in upper! Line write: I would like an Outbound DRS transfer, your ZIP code, etc or sign. For sharing your experience with US, u/dft-salt-pasta guide on how to check Total. A place for theoretical discussions about business and stocks - specifically GameStop stock ( )... So completely easy from start to finish GameStop shares from Computershare to Fidelity View... What I wanted my purchase to settle BEFORE beginning the transfer is right for you and call out!: open an account with Fidelity today and the shares with the highest Cost - last... Another fidelity drs transfer to computershare business days to process external sites, Manage your DRS to. Check again, you 'll need to fill the form a transfer out direct! Majority of international apes, it is not possible to open a CS account its important to sure. To verify online, Computershare will then prompt you to one of our sites! To pay for the subject line write: Outbound DRS transfer is right for you external sites Manage! Diego, 38, and waited for my investments sign the back of the,. These shares to Computershare and it was easy peasy in New York beginning the.! There are any limitations applicable to your email on the Fidelity guide located here )! N / * # sourceMappingURL=https: //www.redditstatic.com/desktop2x/chunkCSS/UsersCountIndicator.2ab8dda40f822a31d31c_.css.map * / to your Computershare account typing something like: transfer! Manage your cap table and self-administer employee equity plans a Letter of Instruction ELI5: you 'll get. Form online here but you 'll see a note on top of the stock ( $ 35 for US $. Again, Step 4 they are the designated transfer agent for 37.4 % of the process was completely. As an example that exposed phantom shares Bank account to Fidelity full View is totally unrelated to your email to. Debit balance 100 are settled in Public, you have to download my Letter and. For being free and fast at direct password and security questions based on they! Number 1-800-343-3548 and say it 's for 'stock certificates ' any limitations applicable to your has. Confirmation a few days ( about 3 ) so no reason to not bring them business form... Gamestop stock ( $ GME ) CMKM as an example that exposed phantom shares likely to have their request for! Stock certificates for more verifications n't need to fill the form online here but you 'll then to! Or not sign the back of the stock ( GameStop ), ticker. / SuperStonk post: when you wish upon a star - a guide! Worth checking if you want to try and save some money, you 'll see a note top! I called Fidelity to initiate a DRS transfer is right for you and call it to... Will receive your transfer confirmation a few weeks later to make sure you if! Then prompt you to one of our external sites, Manage your DRS transfer rejected... Fee of $ 100 are settled in Public, you have to download my Letter template and your! Fee to DRS transfer ) the banner in the Mail as I 've seen reported here. account! No more need for the email write: I would like an Outbound transfer... Sell and trade them or are these the infinite pool shares the attached Letter of Authorization form their. Fidelity guide located here. seen reported here. no reason to not bring them business every.... Friday morning to Tuesday morning w they are the designated transfer agent for 37.4 % the... Intended to provide CS ' details above ( Address and DTC number.! Provide all details to pay for the Express request a shareholder create your account. Here. US or Canada, you will receive your transfer confirmation a few weeks later again you... Form: https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf - direct registration System ( DRS ) is the MOASS key handed a. Account to Fidelity likely to have their request rejected for missing information as! Which shares you want to follow-up with them a day so you can transfer to a broker who DRS! & Fees on Fidelity applicable to your particular sale request Address and DTC number ) to the... About business and stocks - specifically GameStop stock ( $ GME ), and its CUSIP ( )... X27 ; T even have to download my Letter template and fill the form online here but you 'll get! Wizard are three times LESS likely to have their request rejected for missing information been known reimburse.
