Question: Is Computershare A Brokerage?

Does Computershare keep track of cost basis?

Covered means that transfer agents, such as Computershare, are required by the IRS to report cost basis to the individual and the IRS for such securities.

What does ‘noncovered’ mean.

However, the security holder is still responsible for calculating cost basis for their individual tax returns..

Does Computershare charge a fee to transfer stock?

Computershare is a stock transfer agent, which means that it holds corporate shareholder records. Publicly held companies usually designate one such company to transfer stock for them. Unlike a traditional or online broker, there are no fees associated with making trades.

Is Computershare a transfer agent?

Computershare, along with Wells Fargo Shareowner Services, Broadridge Financial, and Amstock are all popular stock transfer agents. 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.

How many employees does Computershare have?

12,000 staffNow we’re a global business with a market cap in the billions, managing over 75 million customer records with 12,000 staff across all major financial markets. Computershare remains a unique Australian success story.

How long does it take to get money from Computershare?

It usually takes up to 5 business days for the funds to reach your bank or building society account.

How do I access my Computershare account?

To log on to this secure site and request your initial password, go to and click on “Create Login.”

How does Computershare make money?

The company makes money on the margin income it obtains from its cash deposits (money to be paid out on behalf of its clients as shareholder dividends). Computershare provides stock registration and transfer services to listed companies and handles the dividend and other distributions on behalf of dozens of companies.

How do you sell stocks on Computershare?

A Participant may sell (or obtain a certificate or certificates for) all shares or part of the whole shares of stock credited to his or her account at any time upon written request. Additionally, sales requests can be submitted online at or via telephone.

Can I buy Apple stock through Computershare?

If you hold your shares through a brokerage account, you should ensure that your address is current with your brokerage firm. Apple’s transfer agent is Computershare Investor Services….What is a transfer agent? (toll-free)+1-312-360-5399 (non-U.S.)1 more row

Who handles Walmart stock?

Stock Purchase You can purchase shares of Walmart stock through Computershare, our stock transfer agent, or through any authorized brokerage firm. To receive information about our Direct Stock Purchase Plan, or to purchase stock, visit Computershare or call 1-800-438-6278.

What kind of company is Computershare?

Computershare Limited is an Australian stock transfer company that provides corporate trust, stock transfer and employee share plan services in a number of different countries.

What happens when you sell a stock?

What Happens When You Sell a Stock? When a trader wants to sell a stock, the seller would again initiate a transaction through their broker, but this time the objective is to limit costs on the purchase of a stock. … Money goes into the seller’s account and the stock is transferred to the buyer.

How do I sell my shares?

you can sell shares by speaking to a broker or through a DIY investing platform. The cost of trading shares varies depending on the platform or broker you are using and whether you are selling your shares online, or in the case of paper certificates, on the phone or by post.

Who keeps track of stock ownership?

Transfer agents keep records of who owns a company’s stocks and bonds and how those stocks and bonds are held—whether by the owner in certificate form, by the company in book-entry form, or by the investor’s brokerage firm in street name. They also keep records of how many shares or bonds each investor owns.

Is Computershare A good broker?

ComputerShare is a legitimate business and not a scam. Its products, equity investments, are not insured since all stocks have risks of principal loss. However, investing through ComputerShare is not for everyone because they deal with a limited number of companies that each sets its own restrictions and fees.

Who are Computershare competitors?

Computershare’s competitors Computershare’s top competitors include Equiniti, Global Shares, Solium and Riskrate. Computershare is a stock transfer company that provides corporate trust, stock transfer, and employee share plan services.

Who regulates Computershare?

Computershare Investor Services PLC is authorised and regulated by the Financial Conduct Authority, Registered Office: 25 The North Colonnade, Canary Wharf, London E14 5HS.

How long does it take to get money from selling stocks?

three daysThe Securities and Exchange Commission has specific rules concerning how long it takes for the sale of stock to become official and the funds made available. The current rules call for a three-day settlement, which means it will take at least three days from the time you sell stock until the money is available.