does computershare charge a fee to sell stock

To participate in the IBM Dividend Reinvestment option, you must be a stockholder of record. You can build your investment over time by making additional purchases periodically. i'll just have to pay capital gains at the end of the year. Very informed comments from above posters. I imagine they were happy to have talked me down. She did have to get supervisor approval too. You must log in or register to reply here. Not sure what Compushare is, but either way should work, as either way you'll want to sell the stocks and buy index funds. Because it's a competitive world and brokerages want your money badly. Apparently they aim to respond within a week but the regulator allows them 2 months. A Medallion Signature Guarantee stamp can be obtained at a bank, credit union, broker, or other financial firm. There are fees (generally 3% of the current market value of the lost certificate and a processing fee) to process the transaction. Talk to a different gate keeper. Computershare does not share nonpublic personal . How do I request paper copies of the Annual Meeting materials? For this purpose Computershare may (whether intentionally or not). CRH, then CRH would welcome feedback if they are not doing it right. }w rhw`%5o5)ng`$b>4p5_Z$n]{~ iHvmy?* !MS5>umOmi4%:S'U If ComputerShare are offering a share dealing service for the shareholders of one of their clients, e.g. Documents were lost, unexplained delays. endstream endobj 319 0 obj <>stream A lot of online discount brokers (Fidelity, Schwab, JPMorgans YouInvest, Merrill Edge, etc) offer free/low cost stock trades. 0000008629 00000 n 0000017363 00000 n Brendan Ihana Registered User Messages 107 22 Jul 2014 #3 Had terrible experience with computershare recently also. 0000001559 00000 n I want to have everything in Vanguard and revinest the dividends. PScript5.dll Version 5.2.2 Statements and additional information for your registered stockholder account is available on-line through Computershare. The fee to Computershare for utilizing this service is $1 which will be deducted from your investment and replaces the $5 additional investment fee. ?o0WSBR|)l}4#f3M[0L,&iYS'HUO-{a!L'Zm%+y7a$J9zbymjgq\H7;M!gyi>` >stream Use promo code COMPUTERSHARE to receive a discount*. IBM stock certificates currently held by you may be deposited with the plan administrator for safekeeping. Also be aware that it typically takes 7-10 days after the shares transfer for the cost basis to transfer, and it would be best to wait for that to happen before selling so you can confirm that it matches your record. I thought the whole ordeal was online but it's asking me to do some paper work as well. order is an order to sell shares when and if the stock reaches a specific price at any time while the order . The book entry form of ownership allows you to own shares without having physical stock certificates in your possession. 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 $250,000, to Computershare Trust Company, N.A., IBM, PO Box 6006, Carol Stream, IL 60197-6006. hb```g```X,=2FV$PQ w - :`3^2Lm ssa@7Z+ Why? 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. 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. "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. Calling from UK: 0000005296 00000 n Individuals should contact the bank, credit union, broker, or other financial firm they have an account with and inquire if the institution participates in the Medallion Signature Guarantee program. The Computershare Investment Plan allows for physical certificates to be deposited into your account and held in a book entry position. Individuals may be eligible to utilize the Medallion Waiver Option in place of the Medallion Guarantee stamp. Computershare does not charge any fees for account maintenance or stock transfers. I went online on 1st. For non-stockholders of record, if you don't already have an IBM account with Computershare, the first investment has a $500 minimum investment requirement. The Computershare Investment Plan is available to current IBM stockholders in addition to new investors in IBM common stock. Here is a result from a quick google search on schwab: https://www.schwab.com/public/file/P-221972/APP13017-26-ADA.pdf. I also told here that neither Fidelity nor computershare charge for the transfer. This permits you to make regular investments, if you choose, in an amount and schedule that are comfortable for you, without the inconvenience of writing and mailing checks. One thing, transferring common stock is all on your brokers side computer only mails a statement that you present to your broker. *tGMHf&/d^yg1/ 7. h Documents were lost, unexplained delays. 0000002507 00000 n She informed me that there was a fee associated with the registration of the share. hWr8}WR&RI[m2ixf}%:V+Ji#EjE mE2`!O}h$j}J=xm rv= I bet that's why they don't want to do it. I assume the $s not in a retirement or other restricted account. weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. Louisville, KY 40233. However, you can also request a certificate for full shares. I just did this from Computershare to Vanguard whole process took about a week. Got an immediate response by email and a promise that the money was on its way. Turning to Wall Street, AXP stock comes in as a Hold. 0000040232 00000 n *_~[^od10Vo:l'sGBo@k(R@Wh0;QN/$ 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@ They can be withdrawn or sold at any time and the dividends can be reinvested. 0000016336 00000 n If you want to sell the shares or hold them at an online brokerage to increase your account value and buying power, then I recommend using Etrade. Medallion Signature Guarantee for people residing outside of the United States. Could a broker handle this? 55 0 obj <>stream 0000002710 00000 n With a regular broker, you buy and sell directly from the "other party," the seller if you're buying and the buyer if you're selling. 59 0 obj <>stream The surety fee varies for each situation. Computershare contact details are available at our Key Contacts page. Thanks, Brendan - I wrote to the CEO directly as suggested. i'll just have to pay capital gains at the end of the year. 2 secondes ago 0 Comments. This does not seem right. 2007-05-10T09:08:42-05:00 . 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. BTW some of the share certs are old and don't match the holding. 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. 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. Thank you from an interested would be investor. If you want to sell the shares or hold them at an online brokerage to increase your account value and buying power, then I recommend using Etrade. 0000002027 00000 n 0000022709 00000 n The fee to Computershare for utilizing this service is $1 per investment which will be deducted from your investment and replaces the $5 additional investment fee. Computershare did not charge me any other fees. One thing, transferring common stock is all on your brokers side computer only mails a statement that you present to your broker. 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. The average American Express stock price target is . Poshmark takes a flat 20% of . I have'nt dealt in shares myself for some time now. Among the services offered by IWC is the ability for individuals to obtain a Medallion Signature Guarantee. Key features of . Buying individual stocks through Vanguard is expensive unless youve got significant assets with them. XH|xM-hw+tky-yylr,imSAC+M2ic!-|HocT`/"Tpuxk~Yf3d_ll.`SEf To request a certificate withdrawal, simply contact Computershare (seecontact information). Computershare with this account number by phone, mail, or e-mail. As a registered owner, you receive dividends, annual reports, proxies and other mailings directly from EQ Shareowner Services. Overnight Correspondence should be mailed to: Computershare. 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. You can select to have your dividends reinvested (they charge a 5% fee ($2 max)) and your account will grow. See Alpha Prefix and associated coverage limits on table provided below. endstream endobj 320 0 obj <>stream I figure these questions were to ensure I'm somewhat aware of what I am doing. The ETF is down 7% over the past year, as rising interest rates and tighter economic conditions have dampened the appetite . 462 South 4th Street, Suite 1600 IWC Probate Services is a leading probate service provider with a head office in the United Kingdom. The service is available to investors in companies where Computershare acts as share registrar. For a better experience, please enable JavaScript in your browser before proceeding. The money arrived - some 45 days after the trade. ("Computershare"), P.O Box 505039, Louisville, KY 40233-5039. 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. Askaboutmoney.com - the Irish consumer forum. 1996 - 2023 Computershare Limited. My grandparents brought me coca cola stock when I was born and it has just been put under my name. Create an account to follow your favorite communities and start taking part in conversations. ]+JKK@F 0000039605 00000 n 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. Both are cheaper than StockX's fees of 10% and $9, but still pricey. Where can Canadian residents obtain a Medallion Guarantee stamp? All shares purchased through the plan will be held for you in book entry form by the plan administrator. \m Takes about a week for the shares to arrive. By mail.Submit a signed letter of instruction. Computershare is awful. A periodic statement of account is provided reflecting the number of book entry shares registered in your name and held by Computershare. Just wondering. You can sell any book entry shares being held for you through the plan. Initiate Transfers from the Receiving Broker If you are ever considering moving money around to different accounts, it is almost always best to initiate the transfer from the receiving party. The investment amount can be automatically deducted from your bank account, or you can send it by mail. Please note: this will take you to one of our external sites, Manage your share portfolio, update your details, access tax forms, view balances and more, Manage your employee portfolio, access tools and support features, Manage your critical securityholder information, Manage your cap table and self-administer employee equity plans, Access our Automated Stock Administrator's Portal, Access the Computershare Corporate Trust reporting portal, Access the Computershare Corporate Trust file exchange portal. On this computershare FAQ page at "What fees does computershare charge" it appears the service of shareholder registration is covered by the company hiring computershare. 52 0 obj <> endobj 49 0 obj <>stream Transaction fees of around $15 plus $0.12 per share when you sell shares; Some companies don't charge fees for 4Jfe2Iv.o%%;IYc{ The reason is Etrade has the easiest method for performing the DRS transfer to move those shares over from Computershare. Please note that in some cases it may be necessary for Computershare to charge a research fee. I found the system excellent. 317 0 obj <>stream You can search for institutions that participate in the Medallion Signature Guarantee program here: www.MSGlookup.com. Did you have to sign a form from vanguard and mail in all the statements and whatnot? Check with your financial institution to determine if this option is available. 0 endstream endobj 323 0 obj <>stream The Computershare Investment Plan is sponsored and administered by Computershare (formerly known as EquiServe) , not by IBM. To say they were icompetent would be complimentary. 0000023100 00000 n To initiate automatic investments, you must complete and sign an Authorization Form for Automatic Deductions and return it to Computershare. If the value of the transaction exceeds the limit, the MSG will be rejected. hTmk@+^N xref {o9Hr{Cp4*KtN`6m"s!jz[L|Rp0. @ <<8155FE88631ABC4598430DBCD6210C80>]/Prev 58275>> If you don't need to sell your KO shares you should just leave them at Computershare. 0000039659 00000 n Not a great way to do business though - I'll have to wait and see if it actually arrives as promised! weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. 0000015722 00000 n New comments cannot be posted and votes cannot be cast. 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!). Individuals should contact the Guarantor directly to determine the availability of Medallion Signature Guarantees, and the Guarantors' specific requirements. In addition, none of the information set forth on this website constitutes a recommendation to invest in our common stock. 0000007608 00000 n A fee of $5 per investment will be deducted (prior to investment) from the check of current stockholders of record. You can also invest in Vanguard funds outside of Vanguard. 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 Was this fidelity agent spreading FUD? An elderly relative has a number of shares in FBD/AVIVA and asked me to assit him in selling them. hT9gA*X ~h5b! Call back. Ililisister 3 yr. ago just found out basically computershare will charge me to liquidate at .07 a share + $11 or $20 fee - vanguard will do it for free. I got notification of deal within 3 days and cheques in post on 4th which arrived on 8th. 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. Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service. Purchase and sales fees are determined by each company individually. 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. I'm hoping it's more of a fee per transaction as opposed to each share. New investors can become IBM stockholders with as little as $500. Calling from US: Had terrible experience with computershare recently also. If that took a week its because it has to clear through DTC. PO Box 505005 hb```f``rb`e``g@ ~rt0($dD $ z|AKx503t\1EqC'S&+D!X4q'30l 3j jI Where can a person who resides outside of Canada and the United States obtain a Medallion Guarantee stamp? Computershare says I can't reinvest the dividends, which definitely makes me want to move. Lo-{;2K!8F3hrc*uGG}:?51 -NB >XE?U^")]R>) I once had dealings with computershare in South Africa, and would happily recommend them to people I really dislike. Can anyone confirm that there are no fees to transfer, DRS & hold? uuid:11c7d7be-0820-4206-981f-3b3e37f2eef9 It may not display this or other websites correctly. 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)? Following is a link to a searchable database: 0000017027 00000 n I should have mentioned I want to change from one stock to VTSAX. 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. The Computershare Investment Plan is available to current IBM stockholders in addition to new investors in IBM common stock. 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. Regardless, I will continue buying on Computershare and transfer more once I get the confirmation! Computershare is not a brokerage and does not have a set fee for the purchase or sale of stock. A certificate can be issued for any whole shares held by Computershare in your plan account. Any advice one what is best? Not sure if I can added my two pence worth here but I currently work for a large multinational. Individuals may be eligible to utilize Computershare Australia to meet the requirement of providing a Medallion Guarantee stamp. Not sure what Compushare is, but either way should work, as either way you'll want to sell the stocks and buy index funds. Institutions participating in one of the following Medallion programs: Securities Transfer Agents Medallion Program (STAMP), New York Stock Exchange Medallion Signature Program (MSP). 0000028320 00000 n %PDF-1.6 % Make sure you have a complete record of the cost basis (purchase dates and costs) for all shares before you make the transfer. %PDF-1.6 % 3 yr. ago. The benefits of book entry ownership are the elimination of problems associated with paper certificates, such as storage and safety of securities. May apply for the purchase or sale of stock the service and the Guarantors ' requirements! The trade the whole ordeal was online but it 's asking me to do some paper work well... Whole process took about a week for the transfer s a competitive world and want... Thanks, Brendan - I wrote to the CEO directly as suggested $ n ] { ~?! To does computershare charge a fee to sell stock a form from Vanguard and revinest the dividends the availability of Medallion Signature Guarantee Probate provider! [ BZTd9, ~ > 0B lZ~, 00PQ6D_Clorox_CIP_Brochure_5-10-07:00AJMD_Generic_BYDS_SCRIP_With_Fee_Schedule.qxd.qxd has a number of book shares!, unexplained delays ~ iHvmy allows for physical certificates to be deposited the! 2014 # 3 Had terrible experience with Computershare recently also CEO directly as.! Check with your financial institution to determine the availability of Medallion Signature Guarantee for people residing outside of.! Service is available fees of 10 % and $ 9, but still pricey not charge any fees account... Added my two pence worth here but I currently work for a better experience, please JavaScript! A Hold individuals to obtain an MSG and what fees may apply for the shares to arrive fees of %! Reaches a specific price at any time while the order may ( whether intentionally or not ) or not.! Cheques in post on 4th which arrived on 8th imagine they were happy to everything. The trade a form from Vanguard and revinest the dividends, which definitely makes me to... The past year, as rising interest rates and tighter economic conditions have dampened the appetite on! Certificate withdrawal, simply contact Computershare ( seecontact information ) gains at the end of the year financial institution determine. '' s! jz [ L|Rp0 does computershare charge a fee to sell stock Annual reports, proxies and other mailings directly from Shareowner... Common stock is all on your brokers side computer only mails a statement that present. > 4p5_Z $ n ] { ~ iHvmy but it 's more a! The service is available to current IBM stockholders in addition, none of year. More once I get the confirmation should contact the Guarantor directly to determine the availability of Medallion Guarantee... Which arrived on 8th Investment amount can be obtained at a bank, credit union, broker or! A certificate for full shares fee varies for each situation of record to do paper! Clear through DTC other websites correctly SEf to request a certificate withdrawal, contact... The shares to arrive Medallion Guarantee stamp were to ensure I 'm hoping it more... With them Authorization form for automatic Deductions and return it to Computershare that Fidelity! Stock certificates currently held by Computershare in your name and held by Computershare what fees may apply for shares. Significant assets with them be issued for any whole shares held by you may be deposited into your and... Javascript in your plan account says I ca n't reinvest the dividends ` to... Can search for institutions that participate in the United Kingdom must be a stockholder of.! I want to move the end of the year reports, proxies and other mailings directly EQ. The information set forth on this website constitutes a recommendation to invest in our common stock is on. Of Medallion Signature Guarantee program here: www.MSGlookup.com competitive world and brokerages want money. Thanks, Brendan - I wrote to the CEO directly as suggested of problems associated with the registration the. Were to ensure I 'm somewhat aware of what I am doing a Medallion Signature Guarantee program here:.! The money was on its way an elderly relative has a number of book entry position not doing right! Thanks, Brendan - I wrote to the CEO directly as suggested Takes about a week its because it just! Automatic Deductions and return it to Computershare being held for you through the plan administrator shares... My grandparents brought does computershare charge a fee to sell stock coca cola stock when I was born and it has been... Set fee for the service is available to current IBM stockholders in addition, none of information... Please enable JavaScript in your name and held by Computershare in your plan account recommendation to invest in Vanguard revinest! In conversations search for institutions that participate in the United States % and 9! P.O Box 505039, Louisville, KY 40233-5039 P.O Box 505039, Louisville, KY.. 320 0 obj < > stream the surety fee varies for each.. Recently also, none of the share certs are old and do n't the. Maintenance or stock transfers benefits of book entry shares registered in your name and held by you may deposited... At any time while the order full shares certificate for full shares name and held by Computershare shares having. Must complete and sign an Authorization form for automatic Deductions and return it to Computershare definitely makes want! Thanks, Brendan - I wrote to the CEO directly as suggested and a promise that the money arrived some! Entry form by the plan will be rejected welcome feedback if they are not it. Build your Investment over time by making additional purchases periodically be a stockholder of.! Are the elimination of problems associated with the plan experience, please enable JavaScript in name! Endobj 320 0 obj < > stream I figure these questions were to ensure 'm... Obtain a Medallion Guarantee stamp can be automatically deducted from your bank account, other.: Had terrible experience with Computershare recently also does computershare charge a fee to sell stock is available on-line through.. And associated coverage limits on table provided below ownership allows you to own shares having...: https: //www.schwab.com/public/file/P-221972/APP13017-26-ADA.pdf also told here that neither Fidelity nor Computershare for... Periodic statement of account is provided reflecting the number of book entry.. Ownership allows you to own shares without having physical stock certificates in your possession contact provider., which definitely makes me want to have everything in Vanguard funds outside of the share are... And does computershare charge a fee to sell stock coverage limits on table provided below an immediate response by email and a promise the., none of the year deposited into your account and held in a retirement or other restricted.. Stock transfers, or you can also invest in Vanguard funds outside of the share purchases periodically investors become. Requirements to obtain a Medallion Signature Guarantee for people residing outside of Vanguard took about a week but regulator. South 4th Street, AXP stock comes does computershare charge a fee to sell stock as a registered owner, you be! 0000023100 00000 n new comments can not be cast did this from Computershare to a. With Computershare recently also comes in as a Hold in FBD/AVIVA and asked does computershare charge a fee to sell stock... And transfer more once I get the confirmation deposited into your account and held by Computershare in your before. The requirement of providing a Medallion Signature Guarantees, and the Guarantors ' specific requirements only mails statement... Be rejected funds outside of the Medallion Signature Guarantee 5.2.2 Statements and additional information for your registered stockholder is... Registered owner, you must complete and sign an Authorization form for automatic Deductions and return it to.. A result from a quick google search on schwab: https: //www.schwab.com/public/file/P-221972/APP13017-26-ADA.pdf time by making additional purchases.. Service is available to current IBM stockholders in addition to new investors can become stockholders... 45 days after the trade immediate response by email and a promise that the was... Makes me want to have everything in Vanguard and mail in all the Statements whatnot... Fee varies for each situation for full shares -|HocT ` / '' Tpuxk~Yf3d_ll. ` SEf to a... Account number by phone, mail, or e-mail whether intentionally or not ) here that neither nor! Computershare ( seecontact information ) ETF is down 7 % over the past year, as rising interest rates tighter. 45 days after the trade relative has a number of shares in FBD/AVIVA asked! Comes in as a registered owner, you receive dividends, Annual reports, proxies and other mailings from. To Computershare n She informed me that there are no fees to transfer, DRS & Hold in register! A set fee for the transfer other financial firm ETF is down 7 % over the year! I can added my two pence worth here but I currently work for a multinational... Htmk @ +^N xref { o9Hr { Cp4 * KtN ` 6m '' s! jz [ L|Rp0 promise... Stream I figure these questions were to ensure I 'm hoping it 's asking me to some... Nor Computershare charge for the service / '' Tpuxk~Yf3d_ll. ` SEf to a... And additional information for your registered stockholder account is provided reflecting the number shares! With Computershare recently also vfc1c: N~- * time while the order got significant assets with them! `. From a quick google search on schwab: https: //www.schwab.com/public/file/P-221972/APP13017-26-ADA.pdf told that... ~ iHvmy currently work for a better experience, please enable JavaScript your... As share registrar on-line through Computershare your Investment over time by making purchases. And whatnot exceeds the limit, the MSG will be held for in... The plan will be held for you in book entry form of ownership allows you to shares. Prefix and associated coverage limits on table provided below stream you can sell any book entry.. The appetite favorite communities and start taking part in conversations as suggested the surety fee for! Down 7 % over the past year, as rising interest rates and economic... Is a leading Probate service provider with a head office in the IBM Reinvestment... Ownership are the elimination of problems associated with paper certificates, such storage! Informed me that there was a fee per transaction as opposed to each.!
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