Askaboutmoney.com - the Irish consumer forum. Please note that such service providers may compensate Computershare for referrals to their firm. ge firms will offer fractional share investing for individual stocks. Certificates cannot be issued for fractional shares. 0000014876 00000 n It may not display this or other websites correctly. There are fees (generally 3% of the current market value of the lost certificate and a processing fee) to process the transaction. One thing, transferring common stock is all on your brokers side computer only mails a statement that you present to your broker. Contact Computershare for details (seecontact information). Not a great way to do business though - I'll have to wait and see if it actually arrives as promised! SELLING SHARES THROUGH COMPUTERSHARE There are three ways to sell your shares: By phone.Call 1-800-305-9404. Both are cheaper than StockX's fees of 10% and $9, but still pricey. 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. i'll just have to pay capital gains at the end of the year. To participate in the IBM Dividend Reinvestment option, you must be a stockholder of record. Press question mark to learn the rest of the keyboard shortcuts, https://www.schwab.com/public/file/P-221972/APP13017-26-ADA.pdf. 0000002710 00000 n 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. To initiate automatic investments, you must complete and sign an Authorization Form for Ongoing Automatic Deductions and return it to Computershare (see contact information ). I got notification of deal within 3 days and cheques in post on 4th which arrived on 8th. 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). If you have employee shares you just call and give your brokerage information. Purchase and sales fees are determined by each company individually. 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)? The Computershare Investment Plan is sponsored and administered by Computershare (formerly known as EquiServe) , not by IBM. Individuals should call Computershare at the number provided on a recent Statement and speak with a representative for further information concerning legal paperwork requirements. 0_e_1Ay|!:|IBYe'nX|8qHJ&!J%Cn|"V9q8>|+#6Jv)TQ|*YY.m` A fee of $5 per investment will be deducted (prior to investment) from the check of current stockholders of record. The surety fee varies for each situation. The fee to Computershare for utilizing this service is $1 which will be deducted from your investment and replaces the $5 additional investment fee. 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. Turning to Wall Street, AXP stock comes in as a Hold. To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. If ComputerShare are offering a share dealing service for the shareholders of one of their clients, e.g. They can be withdrawn or sold at any time and the dividends can be reinvested. XBI has had a fairly quiet 2023 so far, with a 1.7% gain year-to-date. Can anyone confirm that there are no fees to transfer, DRS & hold? 0000011579 00000 n 0000027551 00000 n By mail.Submit a signed letter of instruction. Go to www.computershare.com/ibm Depending on your holdings please log on to either Investor Center or the Employee Plan website. Check with your financial institution to determine if this option is available. New comments cannot be posted and votes cannot be cast. 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. Submit: Check for $50 payable to Computershare and; Copy of government-issued photo ID; Transfer Request Form that can be obtained online at either of the following . This is a casual community, not affiliated with the company. Buying individual stocks through Vanguard is expensive unless youve got significant assets with them. For this purpose Computershare may combine each selling shareholder's shares with those of other selling shareholders. Institutions participating in one of the following Medallion programs: Securities Transfer Agents Medallion Program (STAMP), New York Stock Exchange Medallion Signature Program (MSP). 0000004950 00000 n Computershare is awful. h}PThAv={QbYEeB$F1L3I#WQ@cA2|$5X*tg}ts{;+#.L&sK\1StH+ym<5h^'8zH8X[ fE&;pTWYg/bJIqIdKKb0'P5%21XrBQ[L You can build your investment over time by making additional purchases periodically. Please contact the moderators of this subreddit if you have any questions or concerns. For this purpose Computershare may {o9Hr{Cp4*KtN`6m"s!jz[L|Rp0. @ Press J to jump to the feed. uuid:11c7d7be-0820-4206-981f-3b3e37f2eef9 Computershare with this account number by phone, mail, or e-mail. The questions were, "Do you know computershare is not a broker" yes, "Do you know that your shares will be unavailable to sell during the transfer, which may be up to 3 weeks" yes, "Do you know the fees associated with transferring to computershare" uhm no. If that took a week its because it has to clear through DTC. This makes up the secondary market, where stocks trade after being sold directly from a company. Computershare contact details are available at our Key Contacts page. h23T0P041W04Tw/ Read Computershare vs Ameritrade, Fidelity and Schwab . !# \ Bdjd'"@dYjKkmy|lT8 5jG G35TCw9t6FT|)[GNr=_nb$*%u+,bzf'ttoA| ]xR4j7ZKiqgX1XAw_T"jHQK3~ps=qK sm#V$\Ke4S:=9 Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service. 0000010015 00000 n Apparently they aim to respond within a week but the regulator allows them 2 months. Thanks. *_~[^od10Vo:l'sGBo@k(R@Wh0;QN/$ 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 would like to buy or sell shares, and your holding has been dematerialised into a CSD Participant account, we are pleased to be able to help. 0000037413 00000 n However I live in New Zealand and at some point down the track I'll want to do something with it while living here. Why? 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. She did have to get supervisor approval too. 0000023367 00000 n 0000022260 00000 n 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 in-kind transfer to vanguard, then ask them to sell the stock- 0 fees. 0000001559 00000 n The two most common direct purchase plan administrators are ComputerShare and American Stock Transfer & Trust Company ( AST ). 0000040028 00000 n 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. IBM's common stock may be purchased through the Computershare Investment Plan (CIP), which is sponsored by Computershare Trust Company, N.A. Takes about a week for the shares to arrive. trailer Perhaps some more experienced poster could recommended a reputable broker. I went online on 1st. It does not authorize a party to perform future transactions or to obtain account specific information. 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. It's like pulling teeth getting all the paperwork/funds. 3 yr. ago. 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 then i'll buy vtsax. For a good-til-cancelled (GTC) limit order (an order to sell shares when and if the stock reaches a specific price at any time while the order 0000001196 00000 n However, you can also request a certificate for full shares. The table below outlines the options residents of Canada can explore to obtain a Medallion Signature Guarantee (MSG). Individuals may be eligible to utilize the Medallion Waiver Option in place of the Medallion Guarantee stamp. 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. \m 1996 - 2023 Computershare Limited. 'Qp2dAss}?_siF=|c0H~|r ag5u[f;^H5Z. Documents were lost, unexplained delays. + Investor FAQs . The benefits of book entry ownership are the elimination of problems associated with paper certificates, such as storage and safety of securities. By Internet.Go to www.computershare.com. You may buy shares directly through the Computershare Investment Plan. Get direct access to the most common shareholder account transactions without having to dial a number, or login to Investor Center. Key features of . BTW some of the share certs are old and don't match the holding. order is an order to sell shares when and if the stock reaches a specific price at any time while the order . You are using an out of date browser. Individuals may be eligible to utilize Computershare Australia to meet the requirement of providing a Medallion Guarantee stamp. Box 505000. Through none of my research did I see that. %PDF-1.6 % Out of 16 analyst ratings, there are seven Buys, six Holds, and three Sell recommendations. The Computershare Investment Plan allows for physical certificates to be deposited into your account and held in a book entry position. Not looking to sell at any stage soon or do anything with it. 020 8150 2010, Calling from outside the UK: 0000014017 00000 n 0000001861 00000 n You must log in or register to reply here. Please note that in some cases it may be necessary for Computershare to charge a research fee. Individuals should contact the Guarantor directly to determine the availability of Medallion Signature Guarantees, and the Guarantors' specific requirements. How do I transfer stock or change the registration on my account? 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. 1 844 782 6763, Online at: You can also invest in Vanguard funds outside of Vanguard. I also told here that neither Fidelity nor computershare charge for the transfer. I just did this from Computershare to Vanguard whole process took about a week. endstream endobj 318 0 obj <>stream 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. 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. No. {htPxBGBBF=XRh#%(R}X5BP~MP|F ciJI_l")^^>[GURHX@WL?*,%}f\gE\ All rights reserved. hXj#1JJ)$i3n?$#xdp @J*VP{BQ4PtFZuAR"dKJF?uS6z h5t\(cI|\Nt6h!jgH3Ieuv An elderly relative has a number of shares in FBD/AVIVA and asked me to assit him in selling them. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. 00PQ6D_Clorox_CIP_Brochure_5-10-07:00AJMD_Generic_BYDS_SCRIP_With_Fee_Schedule.qxd.qxd Computershare will sell full and fractional shares on your behalf. hbbd``b`$@` BA 9+H0 "Dx k 2010-07-06T12:06:05-04:00 Medallion Signature Guarantee for people residing outside of the United States. 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 $50 payable to Computershare and. And was I aware there is a limit to sell on Computershare, etc. Our shares are dealt with Computershare USA and I have found them very effective, efficient and once shares are sold funds are usually in my account in approx 3-4 working days. Computershare will execute your order at the market price. A lot of online discount brokers (Fidelity, Schwab, JPMorgans YouInvest, Merrill Edge, etc) offer free/low cost stock trades. 0000039321 00000 n Computershare is not a brokerage and does not have a set fee for the purchase or sale of stock. }w rhw`%5o5)ng`$b>4p5_Z$n]{~ iHvmy?* !MS5>umOmi4%:S'U hT0Pw/+Q02L)65))#(m!vv o For this purpose Computershare may . Documents were lost, unexplained delays. hTmk@+^N One thing, transferring common stock is all on your brokers side computer only mails a statement that you present to your broker. 59 0 obj <>stream 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. 462 South 4th Street, Suite 1600. does computershare charge a fee to sell stock. I bet that's why they don't want to do it. weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. Would not recommend them. Poshmark takes a flat 20% of . The book entry form of ownership allows you to own shares without having physical stock certificates in your possession. weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. 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. A Medallion Guarantee only applies to the specific transaction that has been requested. In the case of forgery, the financial institution providing the medallion stamp will accept liability through the Medallion program for amounts up to the associated coverage limit. 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!). I've had my dad's stock that I didn't pay attention to for years - pays $30 quarterly. Send all required documents via regular mail to: Computershare Press J to jump to the feed. They are generally very inefficient and unresponsive. 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. 0000000016 00000 n "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. To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. IBM stock certificates currently held by you may be deposited with the plan administrator for safekeeping. Shares purchased through the CIP will be held in book entry form at Computershare. I'm executor of an estate and share sale executed on 16th of June. All IBM common stockholders of record, including those who hold IBM stock certificates, are automatically eligible to participate in the CIP. If you don't need to sell your KO shares you should just leave them at Computershare. 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. How do I request paper copies of the Annual Meeting materials? Regardless, I will continue buying on Computershare and transfer more once I get the confirmation! 0000006466 00000 n 4Jfe2Iv.o%%;IYc{ The service is available to investors in companies where Computershare acts as share registrar. The investment amount can be automatically deducted from your bank account, or you can send it by mail. h 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. I told here I was well aware of the fees associated with buying & selling though computershare. Press J to jump to the feed. 0000017363 00000 n Since most online brokers now charge $0 for stock and ETF trades, they are now much cheaper than a transfer agent. Not sure what Compushare is, but either way should work, as either way you'll want to sell the stocks and buy index funds. 0000032589 00000 n 0000002027 00000 n Use promo code COMPUTERSHARE to receive a discount*. We talk about Computershare. My grandparents brought me coca cola stock when I was born and it has just been put under my name. 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. 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. aG:nN]uSs[T-q'YO'sF^7)9D244@x{]A7Wequ7M,)'XlN MSN 7[g9UZo Additional share purchases may be made by sending a check or money order payable to "Computershare-IBM", for as little as $50, up to a yearly investment limit of $250,000, to Computershare Trust Company, N.A., IBM, PO Box 6006, Carol Stream, IL 60197-6006. When you deposit your shares you no longer have to worry about safeguarding physical certificates. I called Fidelity today to transfer shares of a particular stock to computer share. Talk to a different gate keeper. 0000009086 00000 n Join our community, read the PF Wiki, and get on top of your finances! This fee is deducted from the initial net purchase and is a one-time charge. To request the IBM Dividend Reinvestment enrollment package, please contact Computershare (seecontact information). Contact the bank, credit union, broker, or other financial firm that you have an account with and inquire if they participate in the Medallion Signature Guarantee program. Book entry shares also eliminate the requirement for physical movement of stock certificates at the time of sale or transfer of ownership. fP T((?98$Z?M?$$$TZTZToQlg@7tAn&@N 9 Got an immediate response by email and a promise that the money was on its way. Lo-{;2K!8F3hrc*uGG}:?51 -NB >XE?U^")]R>) uuid:a381ec5a-cb37-4b37-9da4-9f2be967431f 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. To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. Create an account to follow your favorite communities and start taking part in conversations. endstream endobj 181 0 obj <>/Encoding<>>>>> endobj 46 0 obj <> endobj 47 0 obj <> endobj 126 0 obj <> endobj 48 0 obj <> endobj 28 0 obj <> endobj 31 0 obj <> endobj 34 0 obj <> endobj 37 0 obj <> endobj 40 0 obj <> endobj 43 0 obj <> endobj 45 0 obj <>stream 14 0 obj <> endobj 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. Call back. fees for each batch order placed by Computershare and executed by the broker. . RjihLIu0qtrm7^Upm7}sDgd_$%. Eligibility requirements are: $10,000,000 ($14,000,000 for Security Transfer Association members). The . The Computershare Investment Plan provides investors with a convenient and simple method of purchasing shares with minimal service fees. Transfer Agent vs Broker Summary %%EOF The table below outlines the options individuals who reside outside of Canada and the United States can explore to obtain a Medallion Signature Guarantee (MSG). I'm hoping it's more of a fee per transaction as opposed to each share. 0044 20 8150 2010, Send email enquiries to: hb```f``rb`e``g@ ~rt0($dD $ z|AKx503t\1EqC'S&+D!X4q'30l 3j jI The reason is Etrade has the easiest method for performing the DRS transfer to move those shares over from Computershare. How do I designate . No fee. Statements and additional information for your registered stockholder account is available on-line through Computershare. 2007-05-10T09:08:42-05:00 Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service. 0000039605 00000 n <<8155FE88631ABC4598430DBCD6210C80>]/Prev 58275>> dPg-oI5+M.b` / You can transfer shares or make gifts of IBM common stock. The agent was like FYIs Fidelity will not lend from cash accounts, shares are mine yadah yadah. www.iwcprobateservices.co.uk/overseas-probate-medallion-guarantee. 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. Very informed comments from above posters. You can select to have your dividends reinvested (they charge a 5% fee ($2 max)) and your account will grow. h25R0Pw/+Q0L)643$-A@ * 0000040232 00000 n It has a convenient website where customers can login and check transactions, holdings, balances, and other information. Press question mark to learn the rest of the keyboard shortcuts. I have'nt dealt in shares myself for some time now. PO Box 505005 0000009627 00000 n %%EOF 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. However, you may buy and sell Class B shares through the Computershare Direct Stock Purchase and Dividend Reinvestment Plan. just found out basically computershare will charge me to liquidate at .07 a share + $11 or $20 fee - vanguard will do it for free.
