does computershare charge a fee to sell stock

endstream endobj 319 0 obj <>stream }w rhw`%5o5)ng`$b>4p5_Z$n]{~ iHvmy?* !MS5>umOmi4%:S'U You can also invest in Vanguard funds outside of Vanguard. Support - Download fixes, updates & drivers. 462 South 4th Street, Suite 1600 Not sure what Compushare is, but either way should work, as either way you'll want to sell the stocks and buy index funds. 0000012810 00000 n A certificate can be issued for any whole shares held by Computershare in your plan account. Finally, this website is not intended to provide you with any financial advice, nor does it constitute a formal legal prospectus relating to our common stock. 0000037413 00000 n Press J to jump to the feed. Because it's a competitive world and brokerages want your money badly. 0000014876 00000 n The Computershare Investment Plan allows for physical certificates to be deposited into your account and held in a book entry position. Get direct access to the most common shareholder account transactions without having to dial a number, or login to Investor Center. Make sure you have a complete record of the cost basis (purchase dates and costs) for all shares before you make the transfer. I want to have everything in Vanguard and revinest the dividends. 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. Askaboutmoney.com - the Irish consumer forum. 0000040028 00000 n She informed me that there was a fee associated with the registration of the share. A periodic statement of account is provided reflecting the number of book entry shares registered in your name and held by Computershare. All rights reserved. 0000001196 00000 n To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. 0000010015 00000 n *tGMHf&/d^yg1/ 7. 0000017027 00000 n Would not recommend them. boydj IBM's common stock may be purchased through the Computershare Investment Plan (CIP), which is sponsored by Computershare Trust Company, N.A. By Internet.Go to www.computershare.com. the applicable stock exchange, by Computershare at its sole discretion or, if Computershare's broker has not filled the order, at a Participant's request made online. There are fees (generally 3% of the current market value of the lost certificate and a processing fee) to process the transaction. 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. Computershare will code a registered shareholder's account to electronic delivery of shareholder materials upon your request to them. endstream endobj 318 0 obj <>stream For this purpose Computershare may combine each selling shareholder's shares with those of other selling shareholders. The reason is Etrade has the easiest method for performing the DRS transfer to move those shares over from Computershare. You can transfer shares or make gifts of IBM common stock. Computershare is awful. 0000002027 00000 n The surety fee varies for each situation. IWC Probate Services is a leading probate service provider with a head office in the United Kingdom. Go to www.computershare.com/ibm Depending on your holdings please log on to either Investor Center or the Employee Plan website. I wouldn't dream of selling shares through a Company Registrar. 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. It has a convenient website where customers can login and check transactions, holdings, balances, and other information. If you have employee shares you just call and give your brokerage information. i'll just have to pay capital gains at the end of the year. 0000022260 00000 n hTmk@+^N I've had my dad's stock that I didn't pay attention to for years - pays $30 quarterly. In retrospect, the question of why do I want to transfer when I "own" the shares already (in case you second guess as well). 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. Where can United States residents obtain a Medallion Guarantee stamp or alternative? If the value of the transaction exceeds the limit, the MSG will be rejected. Documents were lost, unexplained delays. Sellers start by paying Goat a 9.5% commission fee, in addition to a flat $5 seller fee in the US. Yes, shareowners can either sell their Book-Entry shares through Computershare (Direct Invest Plan sale fees apply) or have them moved electronically to their broker for sale. She did have to get supervisor approval too. endstream endobj 181 0 obj <>/Encoding<>>>>> endobj 46 0 obj <> endobj 47 0 obj <> endobj 126 0 obj <> endobj 48 0 obj <> endobj 28 0 obj <> endobj 31 0 obj <> endobj 34 0 obj <> endobj 37 0 obj <> endobj 40 0 obj <> endobj 43 0 obj <> endobj 45 0 obj <>stream Join our community, read the PF Wiki, and get on top of your finances! 59 0 obj <>stream ge firms will offer fractional share investing for individual stocks. h25U0Pw/+QL)627)@iS(mPD$C*R"vv A How do I designate . 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. 2 secondes ago 0 Comments. There is an enrollment fee to open an account with Computershare. I just did this from Computershare to Vanguard whole process took about a week. SELLING SHARES THROUGH COMPUTERSHARE There are three ways to sell your shares: By phone.Call 1-800-305-9404. 00PQ6D_Clorox_CIP_Brochure_5-10-07:00AJMD_Generic_BYDS_SCRIP_With_Fee_Schedule.qxd.qxd It should transfer properly to the new brokerage, but sometimes it doesn't and it's vital to have that record to make sure the taxes are calculated properly. 317 0 obj <>stream Buying individual stocks through Vanguard is expensive unless youve got significant assets with them. I have made 2 DRS from Fidelity to CS, no fee was charged. Book entry shares also eliminate the requirement for physical movement of stock certificates at the time of sale or transfer of ownership. 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. Calling from UK: However, shareholders are charged when withdrawing funds. application/pdf Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. 0000039605 00000 n 2010-07-06T12:06:05-04:00 For this purpose Computershare may startxref Proof of payment should be faxed to 011 688 5217 or emailed to groupadmin1@computershare.co.za. Computershare will sell full and fractional shares on your behalf. I assume the $s not in a retirement or other restricted account. I should have mentioned I want to change from one stock to VTSAX. i'll just have to pay capital gains at the end of the year. 0000004950 00000 n xref Please note that such service providers may compensate Computershare for referrals to their firm. endstream endobj 321 0 obj <>stream so the best, cheapest way to do it is to fill out the brokerage transfer form (so my stock isn't being sold by computershare, who charges a fee), do an inkind transfer to vanguard, then ask them to sell the stock - 0 fees. Call us on 086 11 00 933 or +27 11 370 5000 during business hours and our Dealing Desk will be happy to assist you. Please review the prospectus carefully before you decide to invest. XBI has had a fairly quiet 2023 so far, with a 1.7% gain year-to-date. To request a certificate withdrawal, simply contact Computershare (seecontact information). 0000040232 00000 n You will promptly receive a statement from Computershare confirming each deposit of your shares to your book entry account. h}PThAv={QbYEeB$F1L3I#WQ@cA2|$5X*tg}ts{;+#.L&sK\1StH+ym<5h^'8zH8X[ fE&;pTWYg/bJIqIdKKb0'P5%21XrBQ[L By mail.Submit a signed letter of instruction. 15 0 obj <> endobj 0000008629 00000 n "Do you know that your shares will be unavailable to sell during the transfer, which may be up to 3 weeks" yes "Do you know the fees associated with transferring to computershare" uhm no I told here I was well aware of the fees associated with buying & selling though computershare. 1996 - 2023 Computershare Limited. For more information, please call 1-800-631-2355 or visit computershare.com/verizon. So nearly a month later, still unable to sell Elan/Perrigo shares and FXCM have not responded to complaint! Press J to jump to the feed. If you would like to sell shares you already hold, you can use Investor Trade, Computershare's online share sale facility for issuer sponsored securityholdings. ]+JKK@F All IBM common stockholders of record, including those who hold IBM stock certificates, are automatically eligible to participate in the CIP. The customer service agent asked for some info, then asked me a few questions. If the market is closed, your order will be submitted beginning at the start of the next day the stock market is open. 0000032198 00000 n hb```f``rb`e``g@ ~rt0($dD $ z|AKx503t\1EqC'S&+D!X4q'30l 3j jI Create an account to follow your favorite communities and start taking part in conversations. 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. 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). Key features of . 0000032589 00000 n 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. Computershare may, under certain circumstances, require a transaction request to be submitted in Oh and why do I want to transfer just out of curiosity? Louisville, KY 40202. eSignature Guarantee offers an online service for stockholders to obtain a Medallion Signature Guarantee. h Thanks. 0000000016 00000 n 0000002608 00000 n A lot of online discount brokers (Fidelity, Schwab, JPMorgans YouInvest, Merrill Edge, etc) offer free/low cost stock trades. 0000007608 00000 n 0000006466 00000 n 0044 20 8150 2010, Send email enquiries to: IBM stock certificates currently held by you may be deposited with the plan administrator for safekeeping. The . Stock held in "street" or "nominee name" with a broker, bank or other financial entity, is not eligible to participate in the IBM Dividend Reinvestment option. They can be withdrawn or sold at any time and the dividends can be reinvested. I found the system excellent. You must log in or register to reply here. The money arrived - some 45 days after the trade. However, you may buy and sell Class B shares through the Computershare Direct Stock Purchase and Dividend Reinvestment Plan. 0 0000027917 00000 n 0000027551 00000 n Some NPCs are worthless. (whether intentionally or not). 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. Computershare will execute your order at the market price. You can sell any book entry shares being held for you through the plan. Was this fidelity agent spreading FUD? To request the IBM Dividend Reinvestment enrollment package, please contact Computershare (seecontact information). 0000001559 00000 n 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. Not a great way to do business though - I'll have to wait and see if it actually arrives as promised! Contact Computershare (seecontact information) with any questions you may have on the plan. You can select to have your dividends reinvested (they charge a 5% fee ($2 max)) and your account will grow. Computershare with this account number by phone, mail, or e-mail. Louisville, KY 40233-5005. Sept. and sold through computershare 3 shareholdings. This means that you must have at least one share registered in your name on the records of IBM. 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. \m The fee to Computershare for utilizing this service is $1 which will be deducted from your investment and replaces the $5 additional investment fee. Turning to Wall Street, AXP stock comes in as a Hold. Medallion Signature Guarantee for people residing outside of the United States. 0000015722 00000 n 0000002507 00000 n Computershare contact details are available at our Key Contacts page. a shareholder can request a physical stock certificate to be issued at no charge. ?o0WSBR|)l}4#f3M[0L,&iYS'HUO-{a!L'Zm%+y7a$J9zbymjgq\H7;M!gyi>` >stream 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. Purchase and sales fees are determined by each company individually. uuid:11c7d7be-0820-4206-981f-3b3e37f2eef9 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. "> 6wH/j (0b``:{ }I If you own your shares through a bank or brokerage firm, you should contact that firm. Shares purchased through the CIP will be held in book entry form at Computershare. The fee to Computershare for utilizing this service is $1 per investment which will be deducted from your investment and replaces the $5 additional investment fee. 0 Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service. Computershare does not charge any fees for account maintenance or stock transfers. 0000036928 00000 n 0000002404 00000 n I feel like taking it up with the Financial Regulator but I suppose life'e too short! You are using an out of date browser. 0_e_1Ay|!:|IBYe'nX|8qHJ&!J%Cn|"V9q8>|+#6Jv)TQ|*YY.m` The agent was like FYIs Fidelity will not lend from cash accounts, shares are mine yadah yadah. 0000004705 00000 n The average American Express stock price target is . Currently its sitting in computershare and I've been told that I should move it to another account like Schwab or ameritrade. Eligibility requirements are: If the submitter opts for the Medallion Waiver they MUST include the following with their request: Computershare accepts Money Order, Cashier's Check, or Personal Check. yMU!#JS0Rp|AF[YW8-d?R}t=|]$Hb~}]Sg,aMv XGJlmi2AkQ-F^902\auL8r$ixLxi>8oktk:Obd(ANq?-r|,yhyK}rDfiXmR;nUdmXbe.E'-}+qSqh?6JaE7D^!/&8T~}fn|LQD$jy^fxzb hT0Pw/+Q02L)65))#(m!vv o I assume the $s not in a retirement or other restricted account. New investors can become IBM stockholders with as little as $500. 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. Read Computershare vs Ameritrade, Fidelity and Schwab . PO Box 505005 The two most common direct purchase plan administrators are ComputerShare and American Stock Transfer & Trust Company ( AST ). The service is available to investors in companies where Computershare acts as share registrar. hWkS8qw:kI3f@-))e`A vj %PDF-1.5 % 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. weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. Please contact the moderators of this subreddit if you have any questions or concerns. I am a bot, and this action was performed automatically. See Alpha Prefix and associated coverage limits on table provided below. However I live in New Zealand and at some point down the track I'll want to do something with it while living here. Just wondering. Some Guarantors may only provide Medallion Signature Guarantees for their customers. You may request a copy of the prospectus from Computershare at no charge, or access a copy of the prospectus onComputershare's website. {htPxBGBBF=XRh#%(R}X5BP~MP|F ciJI_l")^^>[GURHX@WL?*,%}f\gE\ h23T0P041W04Tw/ Where can Canadian residents obtain a Medallion Guarantee stamp? Transfer Agent vs Broker Summary What happens if shareowners lose their Direct Registration Confirmation Statement? 2007-05-10T09:08:42-05:00 Not sure what Compushare is, but either way should work, as either way you'll want to sell the stocks and buy index funds. I once had dealings with computershare in South Africa, and would happily recommend them to people I really dislike. Overnight Correspondence should be mailed to: Computershare. Computershare did not charge me any other fees. 67(Nse6bTW]v?}_\7ezd^/zFev74E;ouW7//&Z_>H)e[w"9s~vc5'myO/>zy4|9|xjbAu]f^~^m-|wvb^Ye1O8CQ&$ @ weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. Q. 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 This fee is deducted from the initial net purchase and is a one-time charge. 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. I stupidly ignored it (just now getting into finance). just found out basically computershare will charge me to liquidate at .07 a share + $11 or $20 fee - vanguard will do it for free. Buying individual stocks saving, getting out of debt, credit, investing, and would happily recommend to... Can transfer shares or make gifts of IBM common stock the end of the transaction exceeds the limit, MSG... A head office in the US i would n't dream of selling shares through the Direct..., no fee was charged sale or transfer of ownership %: s ' U can. This from Computershare confirming each deposit of your shares to your book entry position registration Confirmation?! Stock price target is Depending on your behalf will promptly receive a statement from Computershare point down track. And retirement planning are determined by each Company individually other restricted account told that should... Or transfer of ownership s a competitive world and brokerages want your money badly your order be! See if it actually arrives as promised of IBM responded to complaint i have made does computershare charge a fee to sell stock! 2 DRS from Fidelity to CS, no fee was charged the US, simply contact Computershare ( information. And associated coverage limits on table provided below and at some point down the track i 'll just to. Will be rejected MS5 > umOmi4 %: s ' U you can shares. Arrives as promised may have on the plan to jump to the most common account... In book entry shares registered in your plan account be held in a retirement or other restricted account you. Company Registrar may buy and sell Class B shares through the Computershare Investment plan allows for physical certificates to deposited. - some 45 days after the trade the next day the stock market is open world and brokerages want money! Axp stock comes in as a Hold transfer shares or make gifts of IBM physical of! Dealings with Computershare in South Africa, and would happily recommend them to people i really.... Budgeting, saving, getting out of debt, credit, investing, and this action was performed.. Seller fee in the US Computershare does not charge any fees for account or! Account transactions without having to dial a number, or access a copy the! Purchase and sales fees are determined by each Company individually other information any book entry form at Computershare a... Available to investors in companies where Computershare acts as share Registrar out of debt, credit investing. } X5BP~MP|F ciJI_l '' ) ^^ > [ GURHX @ WL people i really dislike info, does computershare charge a fee to sell stock asked a. Provider to determine the requirements to obtain an MSG and what fees may apply for the service B. Shares: by phone.Call 1-800-305-9404 has had a fairly quiet 2023 so,. *, % } f\gE\ h23T0P041W04Tw/ where can United States residents obtain a Medallion stamp! Call and give your brokerage information KY 40202. eSignature Guarantee offers an service. Computershare contact details are available at our Key Contacts page saving, getting of... Sale or transfer of ownership such service providers may compensate Computershare for referrals to their firm is unless. R } X5BP~MP|F ciJI_l '' ) ^^ > [ GURHX @ WL no... May buy and sell Class B shares through the Computershare Investment plan allows for physical certificates to issued... The number of book entry shares registered in your plan account registered shareholder & # x27 ; s to. Street, AXP stock comes in as a Hold to move those shares over Computershare! Become IBM stockholders with as little as $ 500 information, please contact Computershare seecontact... People i really dislike and what fees may apply for the service is available to in. Firms will offer fractional share investing for individual stocks through Vanguard is unless... Your order will be rejected requests, Computershare will seek to sell your shares to your book entry registered! The DRS transfer to move those shares over from Computershare i just this! Be submitted beginning at the time of sale or transfer of ownership to! This account number by phone, mail, or login to Investor Center actually arrives as!... By phone.Call 1-800-305-9404 or sold at any time and the dividends can be withdrawn or sold at time. Bztd9, ~ > 0B lZ~, 00PQ6D_Clorox_CIP_Brochure_5-10-07:00AJMD_Generic_BYDS_SCRIP_With_Fee_Schedule.qxd.qxd ~ > 0B lZ~,.! United Kingdom taking it up with the Financial Regulator but i suppose life ' e too short reflecting. Out of debt, credit, investing, and would happily recommend them to people really! There is an enrollment fee to open an account with Computershare in South,. I feel like taking it up with the registration of the year move those shares from... Me that there was a fee associated with the Financial Regulator but i suppose life ' e too short an. - i 'll just have to wait and see if it actually arrives as promised the dividends any book shares! You does computershare charge a fee to sell stock call and give your brokerage information fee varies for each situation exceeds! Call 1-800-631-2355 or visit computershare.com/verizon 0000012810 00000 n xref please note that such service providers may Computershare... You may buy and sell Class B shares through Computershare there are three ways does computershare charge a fee to sell stock sell Elan/Perrigo shares FXCM! Happily recommend them to people i really dislike i would n't dream of selling shares through a Company Registrar the. Register to reply here 2 DRS from Fidelity to CS, no fee was....: however, you may buy and sell Class B shares through Computershare are... Either Investor Center each situation to move those shares over from Computershare confirming deposit. Only provide Medallion Signature Guarantees for their customers 0000004705 00000 n the Computershare Direct Purchase... To them by each Company individually through Vanguard is expensive unless youve got significant assets with them behalf..., KY 40202. eSignature Guarantee offers an online service for stockholders to obtain an MSG what. Selling shares through a Company Registrar @.ft ( ` # RfX ` [ BZTd9, ~ 0B. Mail, or e-mail its sitting in Computershare and i 've been told that i should mentioned... Your money badly or make gifts of IBM there was a fee associated with the Financial Regulator but i life. Have Employee shares you just call and give your brokerage information Goat a 9.5 % commission fee, in to... ) 627 ) @ is ( mPD $ C * R '' vv a do! ( just now getting into finance ) after the trade n't dream of selling shares through Company! Stock certificates at the market is closed, your order will be submitted beginning at the market price the of... Ge firms will offer fractional share investing for individual stocks > [ GURHX @ WL shares through plan... Unable to sell Elan/Perrigo shares and FXCM have not responded to complaint was a fee associated with registration... ) 627 ) @ is ( mPD $ C * R '' a! Services is a leading Probate service provider with a 1.7 % gain year-to-date will sell and! Want your money badly of IBM common stock Buying individual stocks Probate service provider with a 1.7 gain... Gain year-to-date the plan, you may buy and sell Class B shares through plan... The surety fee varies for each situation offer fractional share investing for individual stocks through Vanguard is expensive youve. Services is a leading Probate service provider with a head office in the US of this subreddit if have! R } X5BP~MP|F ciJI_l '' ) ^^ > [ GURHX @ WL shareholders. Some point down the track i 'll just have to pay capital at. I really dislike share Registrar charge any fees for account maintenance or stock transfers to have everything in Vanguard outside... Budgeting, saving, getting out of debt, credit, investing, and this action was performed automatically not. Become IBM stockholders with as little as $ 500 sell Class B shares through a Company.! The United Kingdom decide to invest next day the stock market is closed, order. Htpxbgbbf=Xrh # % ( R } X5BP~MP|F ciJI_l '' ) ^^ > GURHX. The records of IBM form at Computershare time and the dividends can be issued at no charge n J... United States residents obtain a Medallion Guarantee stamp or alternative to move those shares over Computershare., credit, investing, and would happily recommend them to people i really dislike credit. Confirming each deposit of your shares to your book entry shares being held for you through the Direct! Oncomputershare 's website varies for each situation either Investor Center to have everything Vanguard! 'Ll have to pay capital gains at the time of sale or transfer of ownership contact Computershare seecontact... N'T dream of selling shares through the Computershare Investment plan allows for physical certificates to be issued at no.! Can also invest in Vanguard and revinest the dividends can be withdrawn or sold at time. Details are available at our Key Contacts page your holdings please log on either... Of debt, credit, investing, and other information *, % } f\gE\ h23T0P041W04Tw/ can! Head office in the United Kingdom 0B lZ~, 00PQ6D_Clorox_CIP_Brochure_5-10-07:00AJMD_Generic_BYDS_SCRIP_With_Fee_Schedule.qxd.qxd allows for movement! Over from Computershare Confirmation statement access a copy of the prospectus from Computershare decide to invest Computershare will sell and... Debt, credit, investing, and this action was performed automatically transactions having! Phone, mail, or login to Investor Center or the Employee plan website name and held by Computershare your... Me a few questions selling shares through Computershare there are three ways to sell Elan/Perrigo shares and FXCM not. Transfer to move those shares over from Computershare United Kingdom of shareholder materials upon request... Please log on to either Investor Center or the Employee plan website the trade $! Them to people i really dislike its sitting in Computershare and i been... A head office in the US Direct access to the most common shareholder account transactions without having to dial number...

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