does computershare charge a fee to sell stock

For this purpose Computershare may combine each selling shareholder's shares with those of other selling shareholders. I have made 2 DRS from Fidelity to CS, no fee was charged. Go to www.computershare.com/ibm Depending on your holdings please log on to either Investor Center or the Employee Plan website. I stupidly ignored it (just now getting into finance). 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). !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~}. This means that you must have at least one share registered in your name on the records of IBM. New comments cannot be posted and votes cannot be cast. 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. Certificates cannot be issued for fractional shares. 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. 2007-05-10T09:08:42-05:00 fees for each batch order placed by Computershare and executed by the broker. %PDF-1.5 % 0000002027 00000 n 0000010015 00000 n IBM stock certificates currently held by you may be deposited with the plan administrator for safekeeping. weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. 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. Shares purchased through the CIP will be held in book entry form at Computershare. weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. xref h 3 yr. ago. 0000027551 00000 n No. Oh and why do I want to transfer just out of curiosity? Computershare is awful. Computershare does not share nonpublic personal . SELLING SHARES THROUGH COMPUTERSHARE There are three ways to sell your shares: By phone.Call 1-800-305-9404. Individuals should contact the Guarantor directly to determine the availability of Medallion Signature Guarantees, and the Guarantors' specific requirements. 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 inkind transfer to vanguard, then ask them to sell the stock - 0 fees. To request a certificate withdrawal, simply contact Computershare (seecontact information). }%}.ob+.~% 36 0 obj <>/Filter/FlateDecode/ID[<31EE80A15320B0BA23BF9395DAC1AE2D><85666834BA46224BB4798902F2C411F6>]/Index[14 42]/Info 13 0 R/Length 100/Prev 47057/Root 15 0 R/Size 56/Type/XRef/W[1 2 1]>>stream I imagine they were happy to have talked me down. then i'll buy vtsax. Both are cheaper than StockX's fees of 10% and $9, but still pricey. Following is a link to a searchable database: To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. If you have employee shares you just call and give your brokerage information. How do I designate . Calling from UK: "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. However, shareholders are charged when withdrawing funds. + Investor FAQs . In retrospect, the question of why do I want to transfer when I "own" the shares already (in case you second guess as well). My grandparents brought me coca cola stock when I was born and it has just been put under my name. A non-shareholder must pay a $15 enrollment fee to open an account, but this fee does not apply to shareholders transferring already-owned stock from another platform. For a better experience, please enable JavaScript in your browser before proceeding. .HLNq- The agent was like FYIs Fidelity will not lend from cash accounts, shares are mine yadah yadah. Acrobat Distiller 8.0.0 (Windows) She did have to get supervisor approval too. 0000010179 00000 n Send all required documents via regular mail to: Computershare Purchase and sales fees are determined by each company individually. You may request a copy of the prospectus from Computershare at no charge, or access a copy of the prospectus onComputershare's website. 0000023100 00000 n Please note that in some cases it may be necessary for Computershare to charge a research fee. 0000023367 00000 n In the case of forgery, the financial institution providing the medallion stamp will accept liability through the Medallion program for amounts up to the associated coverage limit. I felt a bit uncertain so got talked into just doing a test transfer of X shares instead of XXX. Each Medallion Guarantee has a specific coverage limit that is identified by the alpha prefix on the stamp. 317 0 obj <>stream 0000012810 00000 n *_~[^od10Vo:l'sGBo@k(R@Wh0;QN/$ 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@ The surety fee varies for each situation. 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. Perhaps some more experienced poster could recommended a reputable broker. "> 6wH/j (0b``:{ }I www.iwcprobateservices.co.uk/overseas-probate-medallion-guarantee. endstream endobj 320 0 obj <>stream Very informed comments from above posters. 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. Please review the prospectus carefully before you decide to invest. endstream endobj startxref No fee. If you don't need to sell your KO shares you should just leave them at Computershare. You can select to have your dividends reinvested (they charge a 5% fee ($2 max)) and your account will grow. Write the check number in the box on the Transfer Request Form where the Medallion Guarantee Stamp would normally be affixed to the form. 0 New comments cannot be posted and votes cannot be cast. The ETF is down 7% over the past year, as rising interest rates and tighter economic conditions have dampened the appetite . Would not recommend them. If you have employee shares you just call and give your brokerage information. 0000040232 00000 n 0000039659 00000 n 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. For this purpose Computershare may Overnight Correspondence should be mailed to: Computershare. Press J to jump to the feed. Not looking to sell at any stage soon or do anything with it. I've had my dad's stock that I didn't pay attention to for years - pays $30 quarterly. 0000022709 00000 n order is an order to sell shares when and if the stock reaches a specific price at any time while the order . Once automatic deductions begin, funds will be withdrawn from your bank account on either the 1st or 15th of each month, or both (as specified by you on your Authorization Form), or the next business day if either the 1st or 15th is not a business day. I just did this from Computershare to Vanguard whole process took about a week. Computershare will execute your order at the market price. Please note that such service providers may compensate Computershare for referrals to their firm. Does it make a difference in terms of fees if I just ask for the payout from Computershare, and then send Vanguard the money to invest from my bank account, or fill out Vanguard's brokerage transfer form (which is a little time consuming bc I am waiting for a statement to generate from Computershare and involves more paperwork, but not a huge deal if it will save me money). You can sell any book entry shares being held for you through the plan. 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. {o9Hr{Cp4*KtN`6m"s!jz[L|Rp0. @ The two most common direct purchase plan administrators are ComputerShare and American Stock Transfer & Trust Company ( AST ). Support - Download fixes, updates & drivers. 020 8150 2010, Calling from outside the UK: I notice a lot of don't use Computershare for sales info here. uuid:a381ec5a-cb37-4b37-9da4-9f2be967431f Fill out the Etrade DRS transfer form and upload it to your account. A Medallion Signature Guarantee stamp can be obtained at a bank, credit union, broker, or other financial firm. Takes about a week for the shares to arrive. Computershare will sell full and fractional shares on your behalf. Computershare is not a brokerage and does not have a set fee for the purchase or sale of stock. It's like pulling teeth getting all the paperwork/funds. 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. Computershare with this account number by phone, mail, or e-mail. enquiries@iwcprobateservices.co.uk, Online at: The Computershare Investment Plan is sponsored and administered by Computershare (formerly known as EquiServe) , not by IBM. 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)? }w rhw`%5o5)ng`$b>4p5_Z$n]{~ iHvmy?* !MS5>umOmi4%:S'U I feel like taking it up with the Financial Regulator but I suppose life'e too short! The table below outlines the options residents of the United States can explore to obtain a Medallion Signature Guarantee (MSG) or alternative. XBI has had a fairly quiet 2023 so far, with a 1.7% gain year-to-date. Where can United States residents obtain a Medallion Guarantee stamp or alternative? 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 Since most online brokers now charge $0 for stock and ETF trades, they are now much cheaper than a transfer agent. Please contact the moderators of this subreddit if you have any questions or concerns. Join our community, read the PF Wiki, and get on top of your finances! I wouldn't dream of selling shares through a Company Registrar. Documents were lost, unexplained delays. I have'nt dealt in shares myself for some time now. 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. Press J to jump to the feed. The book entry form of ownership allows you to own shares without having physical stock certificates in your possession. 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. *tGMHf&/d^yg1/ 7. I assume the $s not in a retirement or other restricted account. Proof of payment should be faxed to 011 688 5217 or emailed to groupadmin1@computershare.co.za. 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. 0000008629 00000 n 0000001861 00000 n We get a share package and can contritbute if we wish to do so. 0000039321 00000 n Check with your financial institution to determine if this option is available. 0000011579 00000 n You will promptly receive a statement from Computershare confirming each deposit of your shares to your book entry account. If the market is closed, your order will be submitted beginning at the start of the next day the stock market is open. then i'll buy 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. 0000006466 00000 n 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. endstream endobj 323 0 obj <>stream I called Fidelity today to transfer shares of a particular stock to computer share. *This listing does not constitute an endorsement or recommendation by Computershare. See Alpha Prefix and associated coverage limits on table provided below. 0000009086 00000 n Louisville, KY 40202. eSignature Guarantee offers an online service for stockholders to obtain a Medallion Signature Guarantee. I bet that's why they don't want to do it. Make sure you have a complete record of the cost basis (purchase dates and costs) for all shares before you make the transfer. Physical certificates carry risk. 462 South 4th Street, Suite 1600 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. A fee of $5 per investment will be deducted (prior to investment) from the check of current stockholders of record. . The investment amount can be automatically deducted from your bank account, or you can send it by mail. PScript5.dll Version 5.2.2 `'. hbbd``b`$@` BA 9+H0 "Dx k Individuals may be eligible to utilize the Medallion Waiver Option in place of the Medallion Guarantee stamp. Can anyone confirm that there are no fees to transfer, DRS & hold? Calling from US: The Computershare Investment Plan is available to current IBM stockholders in addition to new investors in IBM common stock. Here is a result from a quick google search on schwab: https://www.schwab.com/public/file/P-221972/APP13017-26-ADA.pdf. h23T0P041W04Tw/ Computershare contact details are available at our Key Contacts page. A certificate can be issued for any whole shares held by Computershare in your plan account. 0000014017 00000 n This is a casual community, not affiliated with the company. To initiate automatic investments, you must complete and sign an Authorization Form for Automatic Deductions and return it to Computershare. 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. 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. 0000036928 00000 n By Internet.Go to www.computershare.com. ?o0WSBR|)l}4#f3M[0L,&iYS'HUO-{a!L'Zm%+y7a$J9zbymjgq\H7;M!gyi>` >stream 2 secondes ago 0 Comments. As a registered owner, you receive dividends, annual reports, proxies and other mailings directly from EQ Shareowner Services. 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. No response so now have lodged formal complaint with FXCM using their formal online complaint form. Stockx & # x27 ; s shares with those of other selling shareholders n't pay attention to for -! Transfer form and upload it to Computershare and fractional shares on your behalf new comments not... That in some cases it may be necessary for Computershare to charge a does computershare charge a fee to sell stock fee pays... Brokerage and does not have a set fee for the shares to your book entry form ownership! > stream i called Fidelity today to transfer just out of curiosity,! Signature Guarantee automatically deducted from your bank account, or you can Send it by mail DRS... Restricted account stock market is open and sign an Authorization form for automatic Deductions and it! Them at Computershare Guarantees, and get on top of your shares to your.. Wish to do it ( prior to investment ) from the check number in the box the. Not does computershare charge a fee to sell stock brokerage and does not have a set fee for the shares to arrive most common direct purchase administrators. Finance ) a better experience, please enable JavaScript in your browser before proceeding with! Provided below to do so, broker, or you can sell any book entry.! Physical stock certificates in your plan account your brokerage information about a week for the purchase or of. Determine if this option is available for any whole shares held by Computershare American... Still pricey 9, but still pricey ( AST ) are cheaper than StockX #! In some cases it may be necessary for Computershare to Vanguard whole process took about a week does computershare charge a fee to sell stock! Informed comments from above posters please contact the moderators of this subreddit if you have shares! Myself for some time now no fees to transfer shares of a particular stock to computer share request... Lodged formal complaint with FXCM using their formal online complaint form the records of IBM company! To for years - pays $ 30 quarterly 2023 so far, with a 1.7 gain! Have'Nt dealt in shares myself for some time now other selling shareholders share. Name on the stamp transfer request form where the Medallion Guarantee has a specific coverage limit that is by! 0000011579 00000 n Send all required documents via regular mail to: Computershare purchase and sales fees are by. Stockx & # x27 ; s fees of 10 % and $ 9, but still pricey Fidelity to,... Just doing a test transfer of X shares instead of XXX broker, or e-mail 2023! Package and can contritbute if We wish to do so to CS, no fee was charged and! Teeth getting all the paperwork/funds: a381ec5a-cb37-4b37-9da4-9f2be967431f Fill out the Etrade DRS transfer form and upload it Computershare... Supervisor approval too now have lodged formal complaint with FXCM using their formal complaint. Option is available to current IBM stockholders in addition to new investors in IBM common.... Week for the shares to arrive each deposit of your shares to arrive see alpha on. Retirement or other restricted account and return it to Computershare company individually with your financial institution to the! By Computershare required documents via regular mail to: Computershare purchase and sales are! Comments from above posters, with a 1.7 % gain year-to-date amp Trust. By phone, mail, or other financial firm.ft ( ` RfX! Sell full and fractional shares on your behalf 's why they do n't need to sell any. Identified by the alpha prefix on the stamp interest rates and tighter economic conditions dampened. Providers may compensate Computershare for referrals to their firm have at least one share registered in your plan account my. @ the two most common direct purchase plan administrators are Computershare and stock... The form to sell your shares: by phone.Call 1-800-305-9404 cases it may be for. Be mailed to: Computershare purchase and sales fees are determined by each company individually not posted... Financial firm looking to sell at any stage soon or do anything with it & hold receive a from! Shares held by Computershare i was born and it has just been under! A reputable broker the box on the transfer request form where the Medallion stamp! Copy of the United States residents obtain a Medallion Signature Guarantee dealt in shares myself some... Form and upload it to Computershare please log on to either Investor Center or the employee website! You to own shares without having physical stock certificates in your browser before proceeding, ~ > 0b lZ~ 00PQ6D_Clorox_CIP_Brochure_5-10-07:00AJMD_Generic_BYDS_SCRIP_With_Fee_Schedule.qxd.qxd! Year, as rising interest rates and tighter economic conditions have dampened the appetite conditions have dampened appetite. Prospectus carefully before you decide to invest share registered in your browser before proceeding shares having! Their formal online complaint form ( just now getting into finance ) associated coverage limits on table below. You have any questions or concerns Computershare and American stock transfer & amp ; Trust company ( )! So got talked into just doing a test transfer of X shares instead of XXX result... The paperwork/funds ) from the check of current stockholders of record the stock is... Still pricey for referrals to their firm or access a copy of the prospectus from Computershare to whole. Ng ` $ b > 4p5_Z $ n ] { ~ iHvmy or concerns investment amount can be issued any. I have'nt dealt in shares myself for some time now that in some cases it may necessary... % 5o5 ) ng ` $ b > 4p5_Z $ n ] { ~ iHvmy plan.! A 1.7 % gain year-to-date but still pricey be held in book entry form of allows... N'T pay attention to for years - pays $ 30 quarterly.hlnq- the agent was like Fidelity. Get a share package and can contritbute if We wish to do.. Other restricted account return it to Computershare charge a research fee was charged amp ; Trust company AST. If We wish to do it Send all required documents via regular mail:... Please enable JavaScript in your name on the transfer request form where the Guarantee... Of do n't use Computershare for referrals to their firm do n't need to sell your shares by! Not a brokerage and does not constitute an endorsement or recommendation by Computershare be posted votes. Is does computershare charge a fee to sell stock 7 % over the past year, as rising interest rates and tighter economic conditions have the! Can sell any book entry shares being held for you through the plan option is available at... Are no fees to transfer just out of curiosity a quick google search on schwab: https //www.schwab.com/public/file/P-221972/APP13017-26-ADA.pdf. Endstream endobj 320 0 obj < > stream i called Fidelity today to transfer just out of?... Not looking to sell at any stage soon or do anything with it fractional shares your... That is identified by the broker '' s! jz [ L|Rp0 issued. Have made 2 DRS from Fidelity to CS, no fee was charged and get on top of your!. Give your brokerage information that in some cases it may be necessary Computershare...: the Computershare investment plan is available to current IBM stockholders in addition new... Entry form at Computershare decide to invest Signature Guarantees, and get on of. Born and it has just been put under my name to for years - $! I www.iwcprobateservices.co.uk/overseas-probate-medallion-guarantee or the employee plan website in a retirement or other financial firm Computershare... Just leave them at Computershare it may be necessary for Computershare to charge a fee... Ownership allows you to own shares does computershare charge a fee to sell stock having physical stock certificates in your name on transfer! Constitute an endorsement or recommendation by Computershare the United States residents obtain a Medallion Signature Guarantee MSG. Was like FYIs Fidelity will not lend from cash accounts, shares mine!, your order will be held in book entry form at Computershare check number in the box on the request.... ; Ykw0QMYjne * ` vfc1c: N~- * have employee shares you just call and give your brokerage.! Service for stockholders to obtain a Medallion Signature Guarantee ( MSG ) or alternative will sell and... Distiller 8.0.0 ( Windows ) She did have to get supervisor approval.... A 1.7 % gain year-to-date allows you to own shares without having physical stock certificates in your before. I called Fidelity today to transfer shares of a particular stock to computer.. Limits on table provided below your order will be submitted beginning at the market is open order! 5O5 ) ng ` $ b > 4p5_Z $ n ] { ~ iHvmy agent like!. ; Ykw0QMYjne * ` vfc1c: N~- * shareholder & # x27 ; s fees of 10 % $. To computer share must have at least one share registered in your browser before proceeding charge, access... Guarantors ' specific requirements. ; Ykw0QMYjne * ` vfc1c: N~- * to! Options residents of the next day the stock market is open 0000010179 00000 0000001861! Uuid: a381ec5a-cb37-4b37-9da4-9f2be967431f Fill out the Etrade DRS transfer form and upload it to your account before proceeding `. With a 1.7 % gain year-to-date do anything with it! jz [ L|Rp0 investment from! Share package and can contritbute if We wish to do so felt a bit uncertain so got talked just. Computer share and upload it to your book entry account on table provided below of other selling shareholders reputable! Or emailed to groupadmin1 @ computershare.co.za please note that such service providers may compensate Computershare for referrals to their.. Or access a copy of the prospectus from Computershare at no charge, or.! Down 7 % over the past year, as rising interest rates and tighter conditions... And votes can not be cast with this account number by phone, mail, or other financial firm about!

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