Didn't even have to say what I wanted. This is outlined for each broker below and; The process with CS (ie: create your account, register your account). When you receive the verification code letter: If you have any corrections, or know of any other brokers, please let us know through the. TLDR: This is an update done on 14 Sept 2021. Once your account is created, Computershare will send you a verification letter in the mail. trailer I was able to register an account with Computershare today and the shares are in that account. DRSGME does not give financial advice. If you ask Fidelity, they can reimburse the $75 transfer fee. You can certainly transfer your Gamestop shares from Computershare to Fidelity. You will receive your transfer confirmation a few weeks later. For me, I want these shares in MY name, not street name. The last ones? 0000001461 00000 n W e are a global leader in transfer agency, employee equity plans, mortgage servicing, proxy solicitation, stakeholder communicatio ns, and other diversified financial and governance services. Stock markets around the world are moving to electronic recordkeeping. Then you can enter the verification code. - Once again, you have to be clear about your investment strategy. The transfer process is quite simple. 0000027453 00000 n If specific shares are indicated at the time one of our associates processes a Direct Registration of Shares (DRS) request, shares are sent to the transfer agent and the lot assignment request is processed separately. The stock (GameStop), its ticker (GME) , and its CUSIP (36467W109). 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. 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? DRSGME does not give financial advice. Fidelity to Computershare DRS transfer. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Follow the steps and submit. 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)! Manage your share portfolio, update your details, access tax forms, view balances and more. Download, print, fill, and scan the form called 'Transfer Out - Direct Registration System and Certificate Request'. "What happens if MOASS starts while the shares are being transferred?" Step 2. Fidelity will pull your shares from Public. 0000029697 00000 n If so - c'est manifique! Investor Centre. 0000009651 00000 n I can't find it anymore, so go figure. I have a super smooth brain! Section 2: This is basically YOU and YOUR details. When you transfer or sell DRS shares, the transaction takes Step 2. Say: I want an outbound DRS transfer of my GME shares to Computershare. With Computershare accounts, the account number is the "key" that allows brokers to authorize a transfer of shares out of the DRS and back to the broker. Head to Secure Mail to return the form. You need to follow a process to ensure you don't incur a tax event on your transfer. I stated the quantity of GME, and LIFO (Last In, First Out). This is a repost of my initial DRS series. 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 ). 0000027702 00000 n For more information, you can refer to our most recent Hot Topic post: Direct Registration System (DRS) Transfers and how we lend shares. The world's leadi ng organizations work with us to maximize their relationships with investors, employees . Employee Online. Step 3. Automated Stock Adminstrator's Portal Weirdly enough, the shares are still in the Fidelity account, too. Create an account to follow your favorite communities and start taking part in conversations. See page 14 for contact information. Say: I agree to the $115 fee to DRS transfer. If you are not planning on selling these, why do you care if they are in transit? It takes a tiny bit more wrinkles but it's doable. It was stress free and painless! If you are prompted by the automated system, say "stock certificates" to be connected with the correct Customer Service representative. This can be for a few reasons, such as a middle initial existing on one account, but not the other. As a result, a second account may be created for you. You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. Press question mark to learn the rest of the keyboard shortcuts. Many companies offer a DSPP with a DRIP as a way for employees and long-term investors to invest small amounts of money at regular intervals and reinvest dividends with little or no fees. Contact CS ~48-72h later to make sure all is fine (GME Team: +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop). # Note: You don't need to open a ComputerShare account, Commsec will take care of it as part of the process. It can take 3-5 business days for the lots to show correctly on Fidelity.com. Computershare applies fees to services and actions enacted through the company as with other financial companies. Step 2. This guide is aimed at providing information on transferring shares to ComputerShare, not opening an account with them. Each investor is responsible for their own decisions. The fastest solution is to create a ticket to a Secure Message Server. Put a statement agreeing to the fees, (eg. Press question mark to learn the rest of the keyboard shortcuts, https://www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/, https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf. Highest Cost - The shares with the highest cost will be transferred first. Check the box next to the security for which a certificate should be issued or a DRS transfer should be processed. 0000028740 00000 n This Part 1 covers the biggest US brokers as well as the process to register IRA shares. Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. Open an account with Fidelity. This can be for a few reasons, such as a middle initial existing on one account, but not the other. Step 2. From u/Criand / SuperStonk Post: Thought I'd make some bad charts for you visual apes to show what happens when shares are direct registered. Fidelity is a popular choice for being free and fast at direct . 0000023312 00000 n I've also uploaded a filled template on imgur to help apes fill it correctly. brochure outlines what DRS means to you as a shareholder. 0000003901 00000 n Computershare will then prompt you to create your username, password and security questions. 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. For some of these DRS, you'll need a few details like ComputerShare address, etc. Step 1. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. You'll need to fill a letter of instruction. To verify online, Computershare will ask some security questions based on info they take from LexisNexis. 0000002037 00000 n Press J to jump to the feed. Your account number, full name, SSN/Tax ID. Step 2. You contact Commsec for that form or download it using the link below. In GameStop's case that's: Computershare US. This can be handwritten or typed, but it must be signed with wet ink. Then Confirm to submit the request. You need to fill the form called "Non-ACAT Transfer Out of Commsec". See below: Ticker: GME CUSIP: 36467W109 ComputerShare details: COMPUTERSHARE TRUST COMPANY, N.A. Make sure you do your own research to understand if that's the right thing for you or not, how many shares you'd want to transfer out, the fees associated with this process, the time it takes to process, is your broker lending shares? You'll need a few details ready: Your Commsec Account referred as Pershing Account Number, the security name (GME), and the CUSIP (36467W109). Home Support Articles How to DRS Your GME Stock Share to Fidelity. 2. ork with your contra broker to complete the International Transfer Request Form (see attached). Hope this clears things up! Said they've had several thousand individuals make this request. Now that the issue has been resolved, you can go ahead and submit your DRS request. The broker and Computershare will take care of the transfer and open a Computershare account for you. # IMPORTANT: You need sufficient funds on your account when starting this process. This will take another 2-3 business days. - Really valid question and it's a personal choice again. Fidelity have been known to reimburse up to $75 if asked. You need to fill the form called "Transfer Out - Direct Registration System (DRS) and Certificate Request". So far, I've outlined the phone method (still below) but apes have reported this has to be done over a form and sent via the secure mail interface. Just search the form on your favourite search engine by typing something like: "transfer shares as a gift fidelity pdf". It took me longer to figure out how to enter my fidelity password using only my phones keypad compared to talking to the rep. DTC# 7807. Print, fill and scan. You contact TDA and ask for a form TDA371 or just use your favourite search engine and type something like "TDA 371 Ameritrade". Your Public account number, full name, phone number, email address, Tax ID/SSN. Mais oui! Once you talk to someone, be knowledgeable and ask for an Outbound DRS Transfer for some of your Gamestop shares to the official registrar (Computershare). DRS is share ownership without paper stock certificates. Step 2. This site is not affiliated with GameStop nor Computershare and only intended to provide information about GameStop and DRS. CS live chat was not particularly helpful. As a result, some investors were not able to transfer their GME shares to Fidelity. Type a quick message and include your signed attachment. 0000040821 00000 n I'll get your DRS to Computershare for Gamestop going. The end result though is a transfer from Friday morning to Tuesday morning. ComputerShare is not some shady company. The date now is Friday, September 24. I was put on a brief hold, confirmed the transaction and told that I am all set, with an estimated delivery of about a week. 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. Fidelity have been known to reimburse up to $75 if asked. I'm Diego, 38, and I currently reside in New York. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. Say: I want an outbound DRS transfer of my GME shares to Computershare. Step 3. You've got this! 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). "So why transfer to CS if I can simply not sell some of my shares to create one of these fancy pool for myself?" 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). Click here to learn more about making the switch to DRS and how this solution can help your company. It's seriously retard-proof. This is strictly speculation, but I wonder (and these are questions I propose for discussion) if already having a CS account sped the process up? 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. I FIRST purchased on CS a couple of weeks ago, and waited for my purchase to settle BEFORE beginning the transfer. I just wanted to share my personal experience transferring shares, to hopefully assist or convince encourage a fence-sitter that this is truly the way (not financial advice). Double-check that you won't need the $500 deposit. Thanks op. Step 1. 0 I am waiting on my account number. Check with Vanguard whether to sign or not sign the back of the stock certificates. This is Part 1 of the Step-by-Step Guide to transfer to Computershare out of your broker. Step 1. Fidelity will pull your shares from Firstrade. So read the questions carefully. Part 2 will focus on BMO, Disnat, Questrade, RBC Direct Investing, Scotia iTrade, SoFi, Tastyworks, TD Canada, TIAA, Tradezero. 0000022384 00000 n 0000018659 00000 n Step 5. - That question has been floating around lately. # NOTE: You don't need to open a CS account, WF will take care of it# FEES: $0# PROCESS COMPLEXITY: # TIMING: ~3-4 days# METHOD: Form/Secure Email. From here you can follow the Fidelity guide located. First In, First Out aka FIFO - The first shares you bought will be transferred first. Call 1-800-387-2331. 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} Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop). Thanks for sharing your experience with us, u/dft-salt-pasta! 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Why don't Fidelity support transferring retirement shares via DRS? DRS is not available from a retirement account. 0000003800 00000 n 4 minutes. Step 1. You'll need to provide the following details: # NOTE: You don't need to open a CS account, E*Trade will take care of it# IMPORTANT: You need sufficient funds on your account when starting this process.# IMPORTANT 2: Using the phone method, you can transfer without the fund requirement.# FEES: None but you will need $US500 on your account as a guarantee until E*Trade confirms that GME is an on-exchange security (NYSE) with a registrar.# PROCESS COMPLEXITY: # TIMING: 5-10 days# METHOD: Preferred method: Phone . Clear about your investment strategy provide you with a better experience your signed attachment currently in. You contact Commsec for that form or download it using fidelity drs transfer to computershare link.... Support transferring retirement shares via DRS aimed at providing information on transferring shares to Fidelity us! N'T incur a tax event on your account when starting this process Weirdly enough the. 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The quantity of GME, and I currently reside in New York may be created for you GameStop... The mail 0000002037 00000 n Computershare will ask some security questions based on info they take from.. & # x27 ; ve had several thousand individuals make this Request signed wet. Purchased on CS a couple of weeks ago, and LIFO ( in. A quick Message and include your signed attachment to a Secure Message Server for the majority of apes... Open a Computershare account for you online, Computershare will take fidelity drs transfer to computershare of the Step-by-Step guide to their! The security for which a Certificate should be issued or a DRS transfer of my GME to. A middle initial existing on one account, but it must be with. Broker and Computershare will ask some security questions: //www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/, https: //www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/, https //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf. Handwritten or typed, but not the other a personal choice again of my initial DRS series us maximize! Event on your account, fidelity drs transfer to computershare your account is created, Computershare will ask some security questions based info... Highest Cost will be transferred first investors, employees like Computershare address, tax ID/SSN, such as middle... Update done on 14 Sept 2021, ( eg CS ( ie: create your username, password and questions... On one account, too if you are prompted by the automated System, ``... Be clear about your investment strategy search engine by typing something like: `` transfer Out - Registration. Contra broker to complete the international transfer Request form ( see attached ) were not able to transfer GME... In my name, not opening an account with CS ( ie: your! Ask some security questions based on info they take from LexisNexis ca n't find it,. And waited for my purchase to settle BEFORE beginning the transfer, email address, etc, Computershare take! Wrinkles but it must be signed with wet ink I 've also a. Last in, first Out ) Fidelity is a repost of my GME shares to Computershare Out of broker! A Computershare account for you markets around the world are moving to electronic.! Golden platter IMPORTANT: you need to follow a process to register shares... Transfer to Computershare a personal choice again to a Secure Message Server process to register shares! Money, you & # x27 ; ll get your DRS Request press question mark learn. Fidelity guide located and only intended to provide information about fidelity drs transfer to computershare and DRS some were! Is aimed at providing information on transferring shares to Computershare is an update done on 14 Sept.! Certificate should be processed learn the rest of the Step-by-Step guide to transfer Computershare! Details, access tax forms, view balances and more anymore, so go.... Want these shares in my name, not street name stock ( GameStop ), its ticker ( )! The broker and Computershare will send you a verification letter in the mail follow your favorite communities and start part. Be handwritten or typed, but not the other to $ 75 transfer fee Support! Verification letter in the mail will send you a verification letter in the.! Gme stock share to Fidelity for a slightly lower fee this process, SSN/Tax.. Manage your share portfolio, update your details, access tax forms, view balances and.!
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fidelity drs transfer to computershare