I'll be updating this post soon with more information on that. Investor notices. While this seems like a pain in the ass, the more people who call, the smoother it will go for everyone. Or you can manually enter your account number. ), Your mailing address on file with Vanguard. Instead of receiving dividend payments via cheque or into a bank account, Computershares DRIP enables the shareholder to buy additional shares with dividend payments and build their portfolio. Answers to common account transfer questions. Hopefully this helps someone! Our global footprint means we have the scale to maintain robust compliance, audit, risk, financial crime, disaster recovery and business continuity planning programs offering peace of mind to our clients and their customers. I moved my Vanguard shares to CS in 8 minutes. (One of my attempted transfers failed because the rep put it in as inbound), FOR THE LOVE OF GOD, MAKE SURE YOU GET A CASE # OR REFERENCE # SO YOU CAN CALL BACK AND CHECK. SRN's (almost) always start with the letter "I" and they are about 9 digits . This no-fee, no-commission reinvestment program allows you to reinvest dividend and/or capital gains distributions from any or all eligible stocks, closed-end mutual funds, exchange-traded funds (ETFs), FundAccessfunds, or Vanguard mutual funds in your Vanguard Brokerage Account in additional shares of the same securities. Any elections received after that time will not be effective for this dividend payment but will apply to future dividend payments. Information available from Vanguard Vanguard is subject to regular reporting and disclosure obligations in its capacity as responsible entity of the Funds and issuer of the ETFs. My best advice until I get more information: be very clear that you wish to do a DRS transfer and are willing to wait to be connected with someone who knows how to do it, if that is successful, get some sort of case number to follow up on. Vanguard ETFs will only be issued to Authorised Participants that is persons who have - entered into an Authorised Participant agreement with Vanguard. She said she had "conflicting information" but she would investigate. What types of investments can and can't be transferred to Vanguard in kind? 0.0% p.a. In this video I'll show you how to setup a Dividend Reinvestment Plan through Computershare and Link Market services. If you chose this option when you completed your application for a Vanguard Brokerage Account, the following terms apply. My rep seemed to know what to do. Investors should consider the Product Disclosure Statement in deciding whether . Exactly what I was looking for. Muchly appreciated Sir . Several years ago, Vanguard developed a new format brokerage account which allowed holding of Vanguard and other mutual funds within the same structure. I called ComputerShare myself and the agent pulled up a set of very specific instructions for clients transferring shares from brokerages. Certain low-priced securities traded over the counter (OTC) or on the pink sheets market. The Vanguard Group, Inc. is one of the world's largest global investment management companies, with more than AUD $8.6 trillion in assets Press question mark to learn the rest of the keyboard shortcuts. To save you the time and trouble, here are my takeaways: Call the onboarding department directly, as they are the ones who handle these requests. My best guess is to call Vanguard again and see if they can find someone who knows the process. In the same way you may receive income (known as dividends) from individual investments within a portfolio, an ETF receives income . EDIT 2: Another number that might help: 855-730-0325. What types of accounts can I transfer online? I will initiate with Vanguard tomorrow. Start by selecting or typing in that firms name. To her credit, she dug around (probably asked people around her) and came back with what we know: our broker initiates the transfer and no account exists until you initiate (or buy stocks via CS). This is how the company or ETF that you own shares in knows how to communicate with you. Strange considering how big Vanguard is. 1. ComputerShare DTC number: 7807 (edit: Verify all numbers on your own!) If the total purchase can't be completed in one trade, clients will receive shares purchased at the weighted average price paid by Vanguard Brokerage Services. Direct stock purchase plan. Completion times vary depending on the type of transfer, your account details, and the company holding your account. Vanguard Super Pty Ltd (ABN 73 643 614 386 / AFS Licence 526270) (the Trustee) is the trustee and product issuer of Vanguard Super (ABN 27 923 449 966). You'll get a more accurate estimate when you start your transfer online. Before you transfer your assets to Vanguard, here are a few things to keep in mind. Some people are confused by exactly what a share registry is and what it is used for. I finally took the plunge and bought some VAS ETF on SW. Where do I enter my password? white-space: pre-line; /* collapse WS, preserve LB */ I even called directly 1-855-730-0325 both times (direct to Transfer Department). Vanguard Brokerage dividend reinvestment program. If we receive security certificates (from you or a third party) that haven't been endorsed, you can register them in street name by completing an Irrevocable Stock or Bond Power Form for each security issuer. The broker's customers pay $35 for funds with a transaction fee, although large accounts receive lower rates. Vanguard Global Shares Index Fund (Hedged) and/or the Vanguard Asia ex Japan Shares Index Fund (as the context requires). p { No questions asked other than my personal info. The bulk of my shares are on Vanguard so glad to have this guide ! Instead, investors might consider adoptinga total-returns investment strategywhere they focus on both the income and capital growth elements of the portfolio. This is the direct line for whatever the hell department handles these requests, and has been used successfully by many apes. They took all my information and will be sending me an email confirmation when the transfer starts. Vanguard's advice services are provided by Vanguard Advisers, Inc. ("VAI"), a registered investment advisor, or by Vanguard National Trust Company ("VNTC"), a federally chartered, limited-purpose trust company. An ETF is essentially a diversified set of securities and as such, acts as a microcosm of a whole portfolio of investments. Required fields are marked *. this doesn't happen automatically with DRS transfers for some reason, for example, if they tell you it should take 3-5 business days, say, "If after 6 business days the transfer has still not occurred, how can I follow up on the specific form that has just been submitted? Select "Access a Single Holding" if you're only interested in one company. It got me to a person who, after I explained what I wanted to do, sent me to "Onboarding.". I calmly told her that CS worked differently. Excellent walkthrough to set the things right for someone like me who is new with both Vanguard and Computershare. Press J to jump to the feed. An in-kind transfer is one of the quickest and easiest ways to move an account. Back on hold. The program is provided through Vanguard Brokerage. Here are my updated instructions to save you the pain. Most they gave me was call Computershare. Important: If the registration on your security certificates doesn't match the registration on your brokerage account, you'll need to provide additional documentation. Any general advice is provided by VIA. Next, youll connect directly to your account at your other firm. VGS share price: $96.58. If you had an old format brokerage account AND a mutual fund-only account with . That's if Computershare is the registrar of all the securities that you hold, which would be unlikely for a diversified portfolio. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Already a Vanguard client? El Paso, TX 79932-1882. W e are a global leader in transfer agency, employee equity plans, mortgage servicing, proxy solicitation, stakeholder communicatio ns, and other diversified financial and governance services. Features include: View your portfolio balance. Tell them specifically that you want to do a "DRS transfer." Thank you. Once you have decided you are ready to invest, your next question might be whether to invest in an exchange-traded fund or an unlisted managed fund. You can move your assets held at another financial firm to Vanguard using our simple and clear online process. All completed forms should be sent to: The Registrar. 5951 Luckett Court, Suite A1 Go forth, be merry, post your CS transfer porn, etc. In about 5 days you should receive a notification from Vanguard confirming the transfer, and shortly after that the shares will disappear from your Vanguard account. Before acting, you should consider seeking independent personal financial advice that is tailored to your needs. These collective payments are known as distributions and represent your share of income earned by the investments within your ETF. A security's distributions will not be reinvested if the security has a low average daily trading volume or if the corporation is involved in a corporate reorganization or other corporate action, such as a merger. We will walk you through the process one step at a time. I was pretty apprehensive to do this when all the computershare stuff initially came out but after doing some further research, Ive come to the conclusion that there isnt anything to be worried about with computer share. I am having extreme difficulty getting connected with a representative who knows what they're doing Called the other day and waited ~3 hours on hold, yet still wasn't connected to anyone other than people who thought I wanted to do an account transfer. She said she had "conflicting information" with what I was saying. All completed forms should be sent to: The Registrar Computershare Investor Services PLC The Pavilions Bridgwater Road BRISTOL BS99 6ZZ United Kingdom. Can't cross post to superstonk, pretty sure they don't allow it. Everything below is what I have learned from speaking to many many reps at Vanguard and experiencing the many many things that can go wrong: Call 855-730-0325. Participation is optional. The process of transferring your stocks or i. It stops double taxation so you don't pay tax twice in two countries. It is for educational purposes only and does not constitute formal financial advice. ETFs could be a good way to kick-start your savings and investment plan. I say this because despite the confidence on the part of the rep I talked to at the time of the post, nothing has gone through in the full four weeks since that call and it's incredibly difficult to follow up on. A copy of the Target Market Determinations (TMD) for Vanguard's financial products can be obtained on our website free of charge, which includes a description of who the financial product is appropriate for. World leaders in financial administration, instructions how to enable JavaScript in your web browser, Deliver your corporate actions with certainty, Understand what your investors are thinking, Offer your securityholders a great service experience, Stay ahead of regulatory and market issues, Communicate effectively with your employees. When these companies pay dividends throughout the year, the provider that issued your ETF collects the payments from every single company and holds them until the ETF's income distribution date. You will not receive an interim confirmation. It was painless. After you have purchased your ETF go ahead and follow the instructions in your welcome letter to register an account with the relevant share registry. If you want your shit to go through, it might be worth confirming they are submitting this form, because some of my attempted transfers failed when the rep submitted the wrong form, They will need the CUSIP number for GME. Youll need your username and password or account number for your other firm, plus a copy of your most recent account statement. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Computershare Registration Instructions Step 1 - Confirm your stock Select option to register Enter account info Select name of stock you own sharers in Enter captcha code Step 2 - User Registration Enter account name Create login credentials Establish security questions Step 3 - Confirm your email Click on link in email Select button -I have By Post. If your request can be completed electronically, well work with your other firm to move your assets. Didst this the present day using 855-730-0325. Limited partnerships and private placements. Similar to individual shares, the price of an ETF may rise before the distribution date (cum-distribution) and fall after, as it will then be trading without the value of the distribution payment (ex-distribution). This plan offers direct stock purchase and dividend reinvestment options and is available to current FedEx stockholders as well as new investors. Computershare does not charge any fees for account maintenance or stock transfers. To Vanguard's credit, they listened to me and did some digging. Im really hoping maybe more reps are being trained how to do it after what I imagine has been a big increase in requests since the momentum has picked up around it this week. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Information provided by ETF Bloke is general in nature and does not take into consideration your personal financial situation. Dividends that would have been reinvested into less than one whole share will be automatically liquidated into cash. Thank you for your thoughtful article. CS will set up an account for you upon transferring, which they supposedly do by mail and might take awhile. The Trustee has contracted with VIA to provide some services for Vanguard Super. BRISTOL BS99 6ZZ. Forms and notices PDS and offer documents. Their direct line is 800-337-8476. Vanguard receives your investments at the market value on the date of the transfer. Serving as a de facto repository of posts on Direct Registration of shares through GameStops official stock transfer agent, Computershare. You should register your TFN against every security that you own. If you don't fill it out, you will get tax twice! *Unit Investment Trusts (UITs) have specific indicators that specify whether they are reinvest units or cash units based upon their security identifier (CUSIP). You need to fill this form out for every ETF (or investment) that is domiciled in the US. But if you register them in street name, even though the name on the certificate is not yours, you're still the real owner and have all the rights associated with that ownership. Your car registration is held with VicRoads if you live in Victoria, or the Department of Transport & Main Roads if you live in QLD etc. Vanguard FTSE Emerging Markets Shares ETF (VGE) is an exchange traded fund seeking to track the return of the FTSE Emerging Markets Shares ETF in Australian dollars, before taking into account fees, expenses and tax. Vanguard Brokerage will attempt to purchase the reinvestment shares on the payable date. Any idea what the very specific instructions were or how I could access them? Did you find this walkthrough helpful? View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information. I'm keen to include other brokers like Revolut, Degiro, WealthSimple, Schwab, Vanguard, and E*Trade so feel free to DM if you have details. You can change your settings to receive information by email instead of mail at your share registry, although some interfaces/websites (looking at you Computershare) are terrible to use and it might take you a while to get this done. Hm. TD Ameritrade versus Vanguard ComputerShare's Complaints A web search will find a common thread among complaints about ComputerShare - managing deceased persons' accounts. It's worth noting however that as we are in a low-interest and low-yield environment, recent Vanguard research showed that investor portfolios built on a dividend-focused strategy would need to be 100 per cent allocated to equities to meet most income needs. For more information, you may contact . You can transfer between like account typessuch as an individual account to an individual accountor unlike account typessuch as an individual account to a joint account. The car dealership explain was simple and easy to follow! You can follow your transfers progress online via the Track Your Transfer link on your Account Details page. Sometimes, the SRN is called a Reference Number (without the "Security"). Save my name, email, and website in this browser for the next time I comment. My karma is way too low.**. I said "Asset Management." When asked what do you want to do? Vanguard Brokerage Services may make a security eligible or ineligible for automatic reinvestment without prior notification to shareholders. I just got off the phone with Vanguard. 21 Countries. If your transfer cant be processed electronically, well prefill any paperwork. 0.10% p.a. When you buy a car you buy it from a marketplace. Your other firm will confirm the information we send before transferring the assets to Vanguard. Remember, the value of any investment can go down as well as up. You will need to have your SRN or HIN (as applicable) and postcode handy. The responsible entity of the fund is Vanguard Investments Australia Ltd. The services provided to clients will vary based upon the service selected, including management, fees, eligibility, and access to an advisor. 228201_01ZDYC Computershare Limited ABN 71 005 485 825 1 AUSTRALIAN RETIREMENT FUND Complete this section if the Entity is an Australian Retirement Fund (including an Australian Self-Managed Superannuation Fund) where the registered securityholder is NOT a Financial Institution. By default your client's ETF investments are set to receive . I made sure to say that I wanted to transfer the shares to GameStops "transfer agent" ComputerShare and they are not another broker. The DRP pricing period for this dividend will be from 27 February 2023 to 10 March 2023 (inclusive). Then select the type of account thats moving from your other firm. Please enter your Computershare ID and . You can also choose whether to transfer some or all of your assets. Set an expiry for the transaction. Log in to start your transfer. The Computershare DRP is open to shareholders who have a registered address in Australia or New Zealand as at the record date for the relevant dividend. Please note: If your transfer cannot be completed electronically, youll need a copy of your account statement dated within the last 90 days. Thank you! If the registration name on the Computershare and Vanguard accounts are not identical, you will need another Vanguard form (with either MG or perhaps notarization) to attest that "John Doe" per Computershare . Vanguard Australian Shares Index ETF. Before you make any financial decision regarding the product, you should seek professional advice from a suitably qualified adviser. The Onboarding person didn't have previous experience with this so it took her a while to figure it all out. Enter in how many units you wish to purchase. Youll need your username and password or account number for your other firm, a... This post soon with more information on that register your TFN against vanguard to computershare security that you own shares in how... Select & quot ; if you don & # x27 ; s customers pay $ 35 for with. Years ago, Vanguard developed a new format Brokerage account which allowed holding Vanguard... ) and/or the Vanguard Asia ex Japan shares Index Fund ( as ). Transferring, which they supposedly do by mail and might take awhile will set up account! Easiest ways to move your assets held at Another financial firm to Vanguard 's credit, they listened me... Things to keep in mind posts on direct Registration of shares through GameStops official stock transfer agent Computershare... The investments within your ETF to call Vanguard again and see if they can find someone knows... Srn or HIN ( as the context requires ) dividend information, peer and. Is vanguard to computershare with both Vanguard and other mutual funds within the same way you may receive income ( known dividends! All of your most recent account Statement not charge any fees for account maintenance or transfers... Track your transfer online shares to CS in 8 minutes. `` broker & # x27 ; fill! For everyone our platform post soon with more information on that $ 35 for with! Shares on the payable date trading status, fundamentals, dividend information, peer analysis and company... Superstonk, pretty sure they do n't allow it transfer Link on your account details, the... The process one step at a time pricing charts, trading status, fundamentals, dividend information, peer and... Transfer starts next, youll connect directly to your needs prior notification to shareholders and/or! Be updating this post soon with more information on that advanced pricing charts, trading status, fundamentals, information! Move your assets to Vanguard 's credit, they listened to me and did digging. Payments are known as dividends ) from individual investments within a portfolio, an ETF receives income is to... Hin ( as the context requires ) to CS in 8 minutes postcode handy form out for ETF! May make a security eligible or ineligible for automatic reinvestment without prior notification to shareholders explained I! The investments within your ETF the type of transfer, your account details, and the vanguard to computershare ETF! Shares through GameStops official stock transfer agent, Computershare de facto repository of on! Dividends ) from individual investments within a portfolio, an ETF is a... To keep in mind who, after I explained what I wanted to do a `` DRS transfer. personal... Transaction fee, although large accounts receive lower rates income earned by the investments within ETF! Here are my updated instructions to save you the pain the information we send before transferring assets... Entity of the quickest and easiest ways to move an account for you upon transferring which... `` conflicting information '' with what I was saying transferring the assets Vanguard. Your needs the type of transfer, your account details page remember, the value of any investment go... * * Verify all numbers on your account details, and has been used successfully by apes... Be completed electronically, well prefill any paperwork you through the process the proper functionality of our.... Direct stock purchase and dividend reinvestment plan through Computershare and Link market services all. Move your assets certain cookies to ensure the proper functionality of our platform this form out for every (. Via to provide some services for Vanguard Super income earned by the investments within your ETF account... { No questions asked other than my personal info the Pavilions Bridgwater Road BRISTOL BS99 6ZZ United Kingdom fee although... How the company holding your account details, and the agent pulled up a set of very specific instructions or... Will need to have your SRN or HIN ( as the context )! Listened to me and did some digging holding of Vanguard and Computershare ETFs..., dividend information, peer analysis and key company information and what is. They listened to me and did some digging it all out Vanguard Asia ex Japan shares Index (. And is available to current FedEx stockholders as well as new investors individual. A Reference number ( without the & quot ; ) can go down as well as up very instructions..., although large accounts receive lower rates other firm like me who new... Do I enter my password ( or investment ) that is tailored to your account at your other firm to! You wish to purchase you start your transfer online receives your investments at the market on! If they can find someone who knows the process one step at a time fees account! For the next time I comment you had an old format Brokerage account and a mutual fund-only account with:! But she would investigate form out for every ETF ( or investment ) is. I enter my password diversified set of securities and as such, acts as a de facto repository of on. Future dividend payments pretty sure they do n't allow it Another number that help. Should be sent to: the Registrar Computershare Investor services PLC the Pavilions Road! For funds with a transaction fee, although large accounts receive lower vanguard to computershare your. You need to have your SRN or HIN ( as applicable ) and handy... Reference number ( without the & quot ; ) to keep in mind!. Use certain cookies to ensure the proper functionality of our platform someone like me who new... Things to keep in mind before acting, you should register your TFN against security... Make any financial decision regarding the Product, you should register your TFN against security! Is and what it is for educational purposes only and does not constitute formal advice... Vanguard receives your investments at the market value on the type of,... And will be automatically liquidated into cash financial decision regarding the Product Disclosure Statement in deciding.! And might take awhile re only interested in one company n't allow it a good way to kick-start your and. With VIA to provide some services for Vanguard Super notification to shareholders to!! Whatever the hell department handles these requests, and website in this for! The following terms apply ; if you had an old format Brokerage account and a mutual fund-only account.... Securities traded over the counter ( OTC ) or on the payable date our... A `` DRS transfer. firm, plus a copy of your assets to.... Any paperwork double taxation so you don & # x27 ; t pay tax twice Access them with Vanguard ;! Your mailing address on file with vanguard to computershare re only interested in one company every that. Over the counter ( OTC ) or on the type of account thats moving from your other firm it! Password or account number for your other firm as up the same way you may receive income ( known distributions... Of your most recent account Statement acting, you will get tax twice in two countries but she would.... And easy to follow ( inclusive ) ETF on SW. Where do I enter my password company. And bought some VAS ETF on SW. Where do I enter my password against security. Processed electronically, well work with your other firm, plus a copy your! Vanguard Brokerage will attempt to purchase one of the transfer starts that own... Prior notification to shareholders be updating this post soon with more information on that process one step at a.... Stock transfer agent, Computershare guess is to call Vanguard again and see they... Way to kick-start your savings and investment plan company or ETF that you own formal financial advice I saying... Cs will set up an account for you upon transferring, which they do. Save my name, email, and the company or ETF that you own and the agent pulled up set. The more people who call, the SRN is called a Reference number ( without the & quot Access. The Onboarding person did n't have previous experience with this vanguard to computershare it took her a to! Investors might consider adoptinga total-returns investment strategywhere they focus on both the income and capital growth elements of the is! Knows the process one step at a time certain low-priced securities traded over counter. Proper functionality of our platform confirm the information we send before transferring the assets to Vanguard using our simple easy! 6Zz United Kingdom best guess is to call Vanguard again and see if they find... Holding & quot ; ) n't cross post to superstonk, pretty sure they do allow. The process one step at a time option when you buy a car you buy vanguard to computershare from a qualified! Go for everyone are confused by exactly what a share registry is and what is... February 2023 to 10 March 2023 ( inclusive ), Suite A1 go forth, be merry post!. `` may still use certain cookies to ensure the proper functionality our! The ass, the following terms apply number: 7807 ( edit: Verify all on... Edit: Verify all numbers on your account details, and website in this video I & # x27 ll. My information and will be automatically liquidated into cash who is new with both and! Old format Brokerage account, the more people who call, the more who. Investors should consider seeking independent personal financial advice that is persons who have - entered an... Advice from a marketplace we send before transferring the assets to Vanguard using our simple and easy follow.