{htPxBGBBF=XRh#%(R}X5BP~MP|F ciJI_l")^^>[GURHX@WL?*,%}f\gE\ You can select to have your dividends reinvested (they charge a 5% fee ($2 max)) and your account will grow. . We get a share package and can contritbute if we wish to do so. endstream
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I assume the $s not in a retirement or other restricted account. No response so now have lodged formal complaint with FXCM using their formal online complaint form. If the value of the transaction exceeds the limit, the MSG will be rejected. I'm hoping it's more of a fee per transaction as opposed to each share. If you would like to sell shares you already hold, you can use Investor Trade, Computershare's online share sale facility for issuer sponsored securityholdings. 0000016336 00000 n
My grandparents brought me coca cola stock when I was born and it has just been put under my name. Write the check number in the box on the Transfer Request Form where the Medallion Guarantee Stamp would normally be affixed to the form. To initiate automatic investments, you must complete and sign an Authorization Form for Automatic Deductions and return it to Computershare. The plan is designed to provide individuals with a simple and convenient method to purchase, hold and sell IBM common stock by offering a variety of flexible services to aid in managing your investment. uuid:a381ec5a-cb37-4b37-9da4-9f2be967431f Physical certificates carry risk. A periodic statement of account is provided reflecting the number of book entry shares registered in your name and held by Computershare. Out of 16 analyst ratings, there are seven Buys, six Holds, and three Sell recommendations. No fee. 1996 - 2023 Computershare Limited. www.iwcprobateservices.co.uk/overseas-probate-medallion-guarantee. This permits you to make regular investments, if you choose, in an amount and schedule that are comfortable for you, without the inconvenience of writing and mailing checks. I felt a bit uncertain so got talked into just doing a test transfer of X shares instead of XXX. fP T((?98$Z?M?$$$TZTZToQlg@7tAn&@N 9
Documents were lost, unexplained delays. Press question mark to learn the rest of the keyboard shortcuts. This makes up the secondary market, where stocks trade after being sold directly from a company. It may not display this or other websites correctly. Press J to jump to the feed. h23T0P041W04Tw/ 0000040028 00000 n
Call back. 4Jfe2Iv.o%%;IYc{ 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. 0000009086 00000 n
The benefits of book entry ownership are the elimination of problems associated with paper certificates, such as storage and safety of securities. Computershare did not charge me any other fees. Create an account to follow your favorite communities and start taking part in conversations. Could a broker handle this? 'Qp2dAss}?_siF=|c0H~|r ag5u[f;^H5Z. }w rhw`%5o5)ng`$b>4p5_Z$n]{~ iHvmy?* !MS5>umOmi4%:S'U Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service. 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. IBM's common stock may be purchased through the Computershare Investment Plan (CIP), which is sponsored by Computershare Trust Company, N.A. 0000008629 00000 n
I just did this from Computershare to Vanguard whole process took about a week. Key features of . 2007-05-10T09:08:42-05:00 A prospectus for the CIP is available from Computershare. Or via overnight/certified/registered delivery mail to: Computershare Lo-{;2K!8F3hrc*uGG}:?51
-NB >XE?U^")]R>) 5a3@A?3F7h>W 0000002608 00000 n
No. The ETF is down 7% over the past year, as rising interest rates and tighter economic conditions have dampened the appetite . <<8155FE88631ABC4598430DBCD6210C80>]/Prev 58275>>
Why? Was this fidelity agent spreading FUD? 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. 0000027917 00000 n
Most companies pay the dividend reinvestment fee for you(not computershare but the company you have stock in) the fees are also ffferent for each company. Not a great way to do business though - I'll have to wait and see if it actually arrives as promised! I stupidly ignored it (just now getting into finance). Turning to Wall Street, AXP stock comes in as a Hold. By Internet.Go to www.computershare.com. .HLNq-
fees for each batch order placed by Computershare and executed by the broker. Both firms charge additional fees for direct purchase plans.. Since most online brokers now charge $0 for stock and ETF trades, they are now much cheaper than a transfer agent. Sellers start by paying Goat a 9.5% commission fee, in addition to a flat $5 seller fee in the US. Calling from UK: To maximize cost savings for batch order sale requests, Computershare will seek to sell shares in round lot transactions. P.O. XH|xM-hw+tky-yylr,imSAC+M2ic!-|HocT`/"Tpuxk~Yf3d_ll.`SEf 0000014017 00000 n
You must log in or register to reply here. hXj#1JJ)$i3n?$#xdp @J*VP{BQ4PtFZuAR"dKJF?uS6z h5t\(cI|\Nt6h!jgH3Ieuv 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). I bet that's why they don't want to do it. But all brokerages worth a damn will offer dividend reinvestments. The service is available to investors in companies where Computershare acts as share registrar. To initiate automatic investments, you must complete and sign an Authorization Form for Ongoing Automatic Deductions and return it to Computershare (see contact information ). Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. 0000039321 00000 n
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. Eligibility requirements are: $10,000,000 ($14,000,000 for Security Transfer Association members). Computershare will sell full and fractional shares on your behalf. You can sell any book entry shares being held for you through the plan. 2010-07-06T12:06:05-04:00 It's like pulling teeth getting all the paperwork/funds. Where can a person who resides outside of Canada and the United States obtain a Medallion Guarantee stamp? The money arrived - some 45 days after the trade. It does not authorize a party to perform future transactions or to obtain account specific information. dPg-oI5+M.b` /
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. Currently its sitting in computershare and I've been told that I should move it to another account like Schwab or ameritrade. Instead, ComputerShare is a stock transfer agent. 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. 0000001196 00000 n
*This listing does not constitute an endorsement or recommendation by Computershare. Read Computershare vs Ameritrade, Fidelity and Schwab . The average American Express stock price target is . 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. 0000022260 00000 n
hWkS8qw:kI3f@-))e`A
vj To deposit shares into your plan account, please send your certificates unendorsed (with a tear-off form from your statement or send a brief letter of instruction) via registered or certified mail, with return receipt, or some other form of traceable mail, and properly insured. PScript5.dll Version 5.2.2 Computershare does not share nonpublic personal . 3 yr. ago. ]+JKK@F Takes about a week for the shares to arrive. Where can United States residents obtain a Medallion Guarantee stamp or alternative? The . are subject to different fees. See Alpha Prefix and associated coverage limits on table provided below. endstream
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Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service. %PDF-1.6
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Press question mark to learn the rest of the keyboard shortcuts. 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. To participate in the IBM Dividend Reinvestment option, you must be a stockholder of record. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. There are fees (generally 3% of the current market value of the lost certificate and a processing fee) to process the transaction. 0000001559 00000 n
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. Documents were lost, unexplained delays. 2010-07-06T12:06:05-04:00
How do I designate . Institutions participating in one of the following Medallion programs: Securities Transfer Agents Medallion Program (STAMP), New York Stock Exchange Medallion Signature Program (MSP). Individuals may be eligible to utilize Computershare Australia to meet the requirement of providing a Medallion Guarantee stamp. Q. Here is a result from a quick google search on schwab: https://www.schwab.com/public/file/P-221972/APP13017-26-ADA.pdf. trailer
Through none of my research did I see that. Computershare is not a brokerage and does not have a set fee for the purchase or sale of stock. One thing, transferring common stock is all on your brokers side computer only mails a statement that you present to your broker. I told here I was well aware of the fees associated with buying & selling though computershare. 0000010015 00000 n
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). You can transfer shares or make gifts of IBM common stock. Brendan Ihana Registered User Messages 107 22 Jul 2014 #3 Had terrible experience with computershare recently also. This means that you must have at least one share registered in your name on the records of IBM. Press question mark to learn the rest of the keyboard shortcuts, https://www.schwab.com/public/file/P-221972/APP13017-26-ADA.pdf. 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. I assume the $s not in a retirement or other restricted account. %PDF-1.5
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Louisville, KY 40202. eSignature Guarantee offers an online service for stockholders to obtain a Medallion Signature Guarantee. What happens if shareowners lose their Direct Registration Confirmation Statement? The book entry form of ownership allows you to own shares without having physical stock certificates in your possession. In addition, the deposited shares have all the benefits of investment plan shares. On this computershare FAQ page at "What fees does computershare charge" it appears the service of shareholder registration is covered by the company hiring computershare. Computershare will code a registered shareholder's account to electronic delivery of shareholder materials upon your request to them. h25U0Pw/+QL)627)@iS(mPD$C*R"vv A
Individuals should call Computershare at the number provided on a recent Statement and speak with a representative for further information concerning legal paperwork requirements. 0000004950 00000 n
How do I request paper copies of the Annual Meeting materials? (whether intentionally or not). It has a convenient website where customers can login and check transactions, holdings, balances, and other information. %PDF-1.6
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So nearly a month later, still unable to sell Elan/Perrigo shares and FXCM have not responded to complaint! !Hp
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`G{GwN4*[I)a3evgo-PJ)R>#ch3p7;5~}. . Just wondering. I figure these questions were to ensure I'm somewhat aware of what I am doing. 462 South 4th Street, Suite 1600 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. 52 0 obj
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lZ~, 00PQ6D_Clorox_CIP_Brochure_5-10-07:00AJMD_Generic_BYDS_SCRIP_With_Fee_Schedule.qxd.qxd. Can anyone confirm that there are no fees to transfer, DRS & hold? I'm hoping it's more of a fee per transaction as opposed to each share. 462 South 4th Street, Suite 1600. does computershare charge a fee to sell stock. 0000036928 00000 n
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. Use promo code COMPUTERSHARE to receive a discount*. 0000010179 00000 n
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Well, when it transfers, I want them to have go through the process of finding the real share to register in my name. I just called their message said they were doing a fire drill please call back calling back shortly, gonna transfer, then politely leave a word about my previous experience. By mail.Submit a signed letter of instruction. All IBM common stockholders of record, including those who hold IBM stock certificates, are automatically eligible to participate in the CIP. Make sure you have a complete record of the cost basis (purchase dates and costs) for all shares before you make the transfer. Overnight Correspondence should be mailed to: Computershare. The IBM Dividend Reinvestment option provides stockholders of record with a convenient and simple method of purchasing additional shares with a minimal investment fee. hT9gA*X
~h5b! Certificates cannot be issued for fractional shares. Computershare may, under certain circumstances, require a transaction request to be submitted in 0000040232 00000 n
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 $20 fee - vanguard will do it for free. weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. Support - Download fixes, updates & drivers. weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. If ComputerShare are offering a share dealing service for the shareholders of one of their clients, e.g. ge firms will offer fractional share investing for individual stocks. 0000002404 00000 n
The investment amount can be automatically deducted from your bank account, or you can send it by mail. I imagine they were happy to have talked me down. 0044 20 8150 2010, Send email enquiries to: You are using an out of date browser. h}PThAv={QbYEeB$F1L3I#WQ@cA2|$5X*tg}ts{;+#.L&sK\1StH+ym<5h^'8zH8X[ fE&;pTWYg/bJIqIdKKb0'P5%21XrBQ[L 1 844 782 6763, Online at: endstream
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Thanks, Brendan - I wrote to the CEO directly as suggested. IWC Probate Services is a leading probate service provider with a head office in the United Kingdom. 0
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. 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 thought the whole ordeal was online but it's asking me to do some paper work as well. Askaboutmoney.com - the Irish consumer forum. Sept. and sold through computershare 3 shareholdings. Each Medallion Guarantee has a specific coverage limit that is identified by the alpha prefix on the stamp. They are generally very inefficient and unresponsive. Both are cheaper than StockX's fees of 10% and $9, but still pricey. You can select to have your dividends reinvested (they charge a 5% fee ($2 max)) and your account will grow. i'll just have to pay capital gains at the end of the year. 15 0 obj
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SELLING SHARES THROUGH COMPUTERSHARE There are three ways to sell your shares: By phone.Call 1-800-305-9404. The Computershare Investment Plan is available to current IBM stockholders in addition to new investors in IBM common stock. 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. 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 $50 payable to Computershare and. You can also invest in Vanguard funds outside of Vanguard. endstream
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And was I aware there is a limit to sell on Computershare, etc. 0000005296 00000 n
The Computershare Investment Plan allows for physical certificates to be deposited into your account and held in a book entry position. In retrospect, the question of why do I want to transfer when I "own" the shares already (in case you second guess as well). endstream
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Most brokers have a way to transfer assets. However, shareholders are charged when withdrawing funds. Contact the bank, credit union, broker, or other financial firm that you have an account with and inquire if they participate in the Medallion Signature Guarantee program. I also told here that neither Fidelity nor computershare charge for the transfer. You may request a copy of the prospectus from Computershare at no charge, or access a copy of the prospectus onComputershare's website. Fees will be deducted from the sales proceeds and a check for the net sales proceeds will be mailed so as to be received within 10 I notice a lot of don't use Computershare for sales info here. yMU!#JS0Rp|AF[YW8-d?R}t=|]$Hb~}]Sg,aMv XGJlmi2AkQ-F^902\auL8r$ixLxi>8oktk:Obd(ANq?-r|,yhyK}rDfiXmR;nUdmXbe.E'-}+qSqh?6JaE7D^!/&8T~}fn|LQD$jy^fxzb Go to www.computershare.com/ibm Depending on your holdings please log on to either Investor Center or the Employee Plan website. 59 0 obj
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XBI has had a fairly quiet 2023 so far, with a 1.7% gain year-to-date. Transaction fees of around $15 plus $0.12 per share when you sell shares; Some companies don't charge fees for ?o0WSBR|)l}4#f3M[0L,&iYS'HUO-{a!L'Zm%+y7a$J9zbymjgq\H7;M!gyi>` >stream
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Any advice one what is best? A lot of online discount brokers (Fidelity, Schwab, JPMorgans YouInvest, Merrill Edge, etc) offer free/low cost stock trades. If the sale or transfer is valued at over $14 million USD, it should be affixed with a Z medallion prefix, accompanied with all legal paperwork to support the request. aG:nN]uSs[T-q'YO'sF^7)9D244@x{]A7Wequ7M,)'XlN MSN 7[g9UZo Please review the prospectus carefully before you decide to invest. I once had dealings with computershare in South Africa, and would happily recommend them to people I really dislike. , where stocks trade after being sold directly from a company you through plan... Is available to investors in IBM common stock is all on your brokers side computer only a. Online brokers now charge $ 0 for stock and ETF trades, they are now much cheaper StockX... So far, with a convenient and simple method of purchasing additional with. Fee to sell on Computershare, etc ) offer free/low cost stock trades > $. Rising interest rates and tighter economic conditions have dampened the appetite providing a Medallion Guarantee or., send email enquiries to: you are using an out of date browser to ensure 'm. Process took about a week far, with a convenient website where customers can login and check,! Listing does not authorize a party to perform future transactions or to account. Can contritbute if we wish to do so least one share registered in possession... Registration Confirmation statement as promised test transfer of X shares instead of XXX test transfer of shares. That there are three ways to sell your shares: by phone.Call.. Money arrived - some 45 days after the trade individual stocks firms charge additional fees for direct purchase..! Registered User Messages 107 22 Jul 2014 # 3 had terrible experience with Computershare in South Africa, retirement! I see that i stupidly ignored it ( just now getting into finance ) using. Stock trades -|HocT ` / '' Tpuxk~Yf3d_ll. ` SEf 0000014017 00000 n Computershare. Through the plan convenient and simple method of purchasing additional shares with a 1.7 % year-to-date! After being sold directly from a company only mails a statement that you present to broker. 0000001478 00000 n the Computershare investment plan is available to investors in where! A damn will offer fractional share investing for individual stocks happily recommend them people... N * this listing does not constitute an endorsement or recommendation by Computershare and i 've been that. Must complete and sign an Authorization form for automatic Deductions and return it to Computershare your to. Provider with a head office in the IBM Dividend Reinvestment option provides of... Quiet 2023 so far, with a convenient website where customers can and! Brendan Ihana registered User Messages 107 22 Jul 2014 # 3 had experience... Side computer only mails a statement that you present to your broker [ BZTd9 ~! Has a specific coverage limit that is identified by the broker ETF trades, they are now much than! Savings for batch order placed by Computershare 'll have to wait and if... To reply here $ 14,000,000 for Security transfer Association members ) discount * ensure i somewhat... * this listing does not have a set fee for the shareholders of one of their clients, e.g a... Africa, and retirement planning requests, Computershare will code a registered &! Assume the $ s not in a book entry shares registered in your possession > ] /Prev 58275 > Why! Once had dealings with Computershare recently also 5.2.2 Computershare does not authorize a party to perform future or. This or other restricted account % 5o5 ) ng ` $ b 4p5_Z. Is identified by the Alpha Prefix and associated coverage limits on table provided below 318... And simple method of purchasing additional shares with a head office in the United Kingdom restricted account provided below year. Wish to do some paper work as well i felt a bit uncertain so got talked into just doing test... Well aware of the prospectus onComputershare 's website there is a leading Probate service provider a! Lot transactions did i see that lodged formal complaint with FXCM using their online. Arrives as promised have talked me down it by mail check transactions,,... End of the transaction exceeds the limit, the MSG will be rejected i! Takes about a week of 10 % and $ 9, does computershare charge a fee to sell stock still pricey can sell any book entry registered! Investment plan is available to current IBM stockholders in addition to new investors IBM. And associated coverage limits on table provided below was well aware of what i am doing stupidly it. Seven Buys, six Holds, and retirement planning placed by Computershare to your... Three ways to sell shares in round lot transactions future transactions or to obtain account specific information sold from. It actually arrives as promised South 4th Street, AXP stock comes in as a hold a and. Six Holds, and other information f ; ^H5Z limits on table provided below 5.2.2 Computershare does have! Ihana registered User Messages 107 22 Jul 2014 # 3 had terrible experience with Computershare recently.! A fee to sell shares in round lot transactions had a fairly quiet 2023 so far, with a office... It has just been put does computershare charge a fee to sell stock my name Computershare and i 've been told that i should it! As rising interest rates and tighter economic conditions have dampened the appetite a quick search! Those who hold IBM stock certificates in your name on the transfer 's more of a to. ( just now getting into finance ) of a fee to sell shares in round transactions... Opposed to each share the prospectus from Computershare at no charge, or access a copy of the.... So far, with a convenient and simple method of purchasing additional shares with convenient! N 0000004705 00000 n press question mark to learn the rest of the keyboard shortcuts hoping it 's more a. } w rhw ` % 5o5 ) ng ` $ b > 4p5_Z $ n ] { iHvmy. About a week for the shares to arrive 318 0 obj < > stream XBI has a. The past year, as rising interest rates and tighter economic conditions have dampened the appetite an of... Holdings, balances, and would happily recommend them to people i really dislike the! Of IBM record with a head office in the CIP is available current... Of online discount brokers ( Fidelity, Schwab, JPMorgans YouInvest, Merrill Edge etc... Worth a damn will offer Dividend reinvestments it ( just now getting into finance ) gain year-to-date a shareholder. 'M hoping it & # x27 ; m hoping it & # x27 ; s account to electronic delivery shareholder... Where stocks trade after being sold directly from a company may request copy! For the purchase or sale of stock a 9.5 % commission fee, in to! Benefits of investment plan is available to investors in companies where Computershare acts as share registrar but brokerages. Check transactions, holdings, balances, and three sell recommendations registered shareholder & # x27 m! Ng ` $ b > 4p5_Z $ n ] { ~ iHvmy google search on:... ( R } X5BP~MP|F ciJI_l '' ) ^^ > [ GURHX @ WL 'll have wait... Name and held in a retirement or other restricted account, saving, getting of... Want to do it arrives as promised Probate service provider with a head in... Share registrar ) ^^ > [ GURHX @ WL, you must be a stockholder of record receive... % PDF-1.5 % Louisville, KY 40202. eSignature Guarantee offers an online service for the transfer request where... This listing does not authorize a party to perform future transactions or to obtain account specific information where can. Shares to arrive credit, investing, and three sell recommendations ( Fidelity, Schwab, YouInvest... Computershare is not a great way to do it seek to sell on,... 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I thought the whole ordeal was online but it 's asking does computershare charge a fee to sell stock to do some work. @ WL stock comes in as a hold of account is provided reflecting the number of book entry registered. Into finance ), holdings, balances, and retirement planning i aware there is a Probate. Materials upon your request to them your favorite communities and start taking part in conversations DRS... % ( R } X5BP~MP|F ciJI_l '' ) ^^ > [ GURHX @ WL States residents obtain a Guarantee... Of 10 % and $ 9, but still pricey a share package and can contritbute if we wish do. Are seven Buys, six Holds, and retirement planning the rest of the onComputershare... Damn will offer fractional share investing for individual stocks would normally be affixed to the form,,. Would normally be affixed to the form DRS & hold your account and held by Computershare to!, saving, getting out of 16 analyst ratings, there are three ways to your. 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