Please contact Fidelity at (800) 835-5095 or visit, For those who received cash as a result of the demutualization, a 10% premium was paid on the IPO price. We believe that the Tax Opinion accurately reflected the position of the IRS at the time, and we have not been advised by the IRS of any change in its position. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. 7. Anthem, Inc. Name Change to Elevance Health, Inc. June 2022, Anthem, Inc. Dematerialization December 2014, WellPoint, Inc. Name Change to Anthem, Inc. December 2014, Amerigroup Corporation acquisition December 2012, WellChoice, Inc. acquisition December 2005, WellPoint Health Networks Inc. acquisition/WellPoint, Inc. Name Change November 2004, Trigon Healthcare, Inc. acquisition - July 2002, Anthem Insurance Companies, Inc. Demutualization and Anthem, Inc. Be sure to check the commissions and fees charged by your destination broker. However, you can change the cookie settings and view our cookie policyat any time. This number of research firm offerings might seem like too much to wade through, but investors can take a short quiz to identify providers that match their investment style. by RickBoglehead Fri Sep 28, 2018 10:56 pm, Post Fidelity Investments offers $0 trading commissions, no account fees that can erode returns, a swath of research offerings and an easy-to-use platform that also can be customized for more advanced traders. This always worked well. The Joint Proxy Statement/Prospectus was mailed to shareholders on or about May 20, 2004. Your new broker can provide this form. Signatures on stock transfer paperwork must be stamped with a Medallion Signature Guarantee by a qualified financial institution, such as a commercial bank, savings bank, savings and loan, US stockbroker and security dealer, or credit union that is participating is an approved Medallion Signature Guarantee Program. Press J to jump to the feed. Download an account statement or DRS statement. They preferred a newer one but whatever you could provide to prove ownership was acceptable. A research firm scorecard evaluates the accuracy of the provider's recommendations. This may trigger a Capital Gains tax liability, so please speak to a tax adviser before you sell. Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). Providence, RI 02940-3078, Computershare Courier Delivery (FedEx or UPS) Address:
X and xx holders are the glue holding this rocket together my brother. Quarterly dividends are typically paid in March, June, September and December. We will walk you through the process one step at a time. Products included: ISAs, Investment Accounts, EBS SIPP, Fidelity Personal Pension, Fidelity SIPP, Unit Trusts, OEICs, SICAVs, Exchange Traded Funds, Investment Trusts and Shares. As for transferring ESPP shares, as I understand it, transferring shares counts as a disposition. There is also an additional $.12 for every share sold past the original transaction fee. When evaluating offers, please review the financial institutions Terms and Conditions. Fidelity has two trading platforms, Fidelity.com and Active Trader Pro. These investor-friendly practices save customers a lot of money. Fidelity was already a leader for low-cost commissions, but the company eliminated commissions in 2019 for U.S. stock, ETFs and options trades. This pulls them out of the DTCCs pile. While the OP has already finished their transfer, for the benefit of others who will come across this thread in the future, this past summer, I transferred my T stock to Vanguard. Trigon shareholders were entitled to receive $30 in cash and 1.062 shares of Anthem common stock. If you want to sell you shares during MOASS, I would leave them in Fidelity. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. I think the transfer from did have to be notarized though. A notary stamp is not acceptable when transferring the ownership of stock. Press question mark to learn the rest of the keyboard shortcuts. Total transfer value will be calculated as at the date of completion of the transfer of your eligible assets (Transfer Date). Chris Davis is an assistant assigning editor on the investing team. Be sure to have your account number on standby since youll need it. None of this is financial advice. For more details about the categories considered when rating brokers and our process, *$0.00 commission applies to online U.S. equity trades and Exchange-Traded Funds (ETFs) in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients. In March 2001, WellPoint Health Networks Inc. acquired Cerulean Companies, Inc. in a cash-only transaction, prior to Anthems acquisition of WellPoint Health Networks Inc. in 2004. When is Elevance Health's fiscal year end? According to FINRA, the entire validation and delivery process typically requires 6 days to complete. As a shareholder with questions about my shares, whom should I contact for assistance? Anyone else getting this disclaimer when they call now? When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. Their website is a mess but if you make it through, it works. He is based in Longmont, Colorado. Other exclusions and conditions may apply. Fidelitys Online Learning Center was overhauled to include a more customized experience, using machine learning to surface educational materials that match the customers investing behavior. We will not reclaim any Cash Back from assets within a SIPP, other pension or ISA. After the forms have been completed, please mail the original documentation to Computershare for processing. by dignan Tue Oct 05, 2021 11:56 am, Post If you later sell, or otherwise dispose of the stock, you will be subject to income tax on the full amount you receive from the sale, as the cost basis is zero (see Demutualization Cost Basis below). The guy I called was super nice and accommodating and didn't try to persuade me otherwise. Ask questions about the anticipated time frame for the transfer process considering the specific type of account (such as margin, cash, custodial, IRA) and the assets held (stocks, options, bonds) as well as anything that may delay the process. My plan is 90% computer share. We believe everyone should be able to make financial decisions with confidence. More than 3,300 no-transaction-fee mutual funds. Authorized 3rd party (Authorized to act on behalf of a shareholder (e.g. Your new broker enters your data, including the name, Social Security number and account number at your old broker into ACATS. There are also transaction fees for any direct sales made through the system. If you transfer more than one product the Transfer Date will be the date when all the transfers have been completed. Fidelity offers more than 3,300 mutual funds that carry no transaction fee and over 950 funds with expense ratios of 0.50% or less. by an_asker Mon Apr 23, 2018 2:30 pm, Post The customizable platform includes intuitive shortcuts, pre-built market, technical and options filters, advanced options tools and a multi-trade ticket that can store orders for later and place up to 50 orders at a time. (b) If available, Market Order, Day Limit Order, and Good-Til-Canceled (GTC) Limit Order sale requests received at www.computershare . Educational resources for all levels of investor: The educational resources and research options on offer from Fidelity are some of the strongest among the brokers we review with strong resources for both beginning retirement investors and active stock traders. Read more about what you can transfer and how it will work. In order to move shares back to Fidelity, you will need to initiate a Transfer of Assets (TOA) on the Fidelity website. Circling back to this thread. The Cash Back can be kept in your CMA for fee collection, withdrawn or moved into whichever Fidelity Personal Investing account you choose. At least this was how it worked in my cases 3-4 years ago. Fidelity has done away with nearly all account fees, including the transfer and account closure fees that are commonly charged by brokers. The minimum transfer value is 1,000 unless the transfer is from another provider and youre immediately going to start taking money from it, then the minimum is 50,000. Just now I called to move another (60%) over. by destin Mon Apr 23, 2018 1:52 pm, Post Mutual funds: Fidelity has a strong reputation for its mutual funds: The broker scores well across every funds category with a large selection of no-transaction-fee funds, including its Fidelity Zero index funds, which have no expense ratio and no minimum investment requirement. Does Elevance Health have a direct stock purchase and dividend reinvestment plan? If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. What is a Medallion Signature Guarantee and where can I get one? Opinions and memes welcome. by retouch1213 Fri Sep 28, 2018 2:15 pm, Post However, things like limited product offerings, draft fees and commissions, scarce educational resources or unresponsive customer service may trigger your search for a new broker. Please contact your registrar (Equiniti, Computershare or Link Asset Services) to find out if you need anything else to complete the transfer (such as additional exit fees). If you have questions about the direct stock purchase and dividend reinvestment plan, please contact Computershare at (866) 299-9628. Fidelity has a strong reputation for its mutual funds: The broker scores well across every funds category with a large selection of no-transaction-fee funds, including its Fidelity Zero index funds, which have no expense ratio and no minimum investment requirement. When evaluating offers, please review the financial institutions Terms and Conditions. Subject to section 5, the Offer is available to anyone who completes a transfer of their assets from other providers to Fidelity Personal Investing. Lol my fidelity rep said i was the 6th gme drs she did today. How to transfer shares from computershare to Fidelity? Cash transfer within ISAs and pension products If you transfer in cash within ISAs and pensions, the provider you are transferring from will sell your investments and send the proceeds directly to us. About 5 years ago I was trying to figure out what to do with a paper certificate for a closed-end income fund ("Voyageur Colorado Insured Municipal Income Fund") that my father bought in 1992. by FunnelCakeBob Fri Sep 28, 2018 8:32 pm, Post Stock transfers are handled by our transfer agent and registrar, Computershare. If you purchased your shares of Trigon stock, then your cost basis for the Anthem stock would be the same as the cost basis for the Trigon stock. and mail the forms yourself. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Ally Invest tells me now that transferring in my several accounts at Computershare will have a $115 fee for each account, which they said has to do with DTC and DRS. Computershare does not charge any fees for account maintenance or stock transfers. Remember, you wont be able to access money invested in a SIPP until the age of 55 (57 from 2028). dadklad 1 yr. ago More precisely, Fidelity shares are owned by Cede, which is closely related to the DTCC, but there is apparently some liability protection around Cede. The same applies if youre transferring a retirement account the source and destination account must match. Tax treatment depends on individual circumstances and all tax rules may change in the future. A Community for topics directly related to GameStop. by Earl Lemongrab Fri Sep 28, 2018 8:23 pm, Post Box 505005 Louisville, KY 40233-5005 CS DTC #: 7807 Both free for all customers. It was in the name of our family limited liability limited partnership, and I'm the managing partner. Pre-qualified offers are not binding. Is 0226 the correct . Tradable securities: While Fidelity offers fractional shares, forex and options trading, lack of futures gives it a 4.5-star rating for tradable securities. Related content: Best Fidelity Mutual Funds, securely through CenterPoint Securities's website, Securely through Interactive Brokers website, securely through Charles Schwab's website. Inquire about the reimbursement from customer service for your destination broker before initiating the transfer. Fractional shares. Like money market mutual funds, most proprietary mutual funds can only be held by the issuer and cannot be transferred. Stocks. I figured the right thing to do was to contact ComputerShare for information of how to liquidate it. If youre a margin trader, Fidelity may not have the best rates, so youll want to explore brokers with low-margin accounts to reduce the cost of your margin trades. Knowing we will leave behind a better legacy. Plus, get 30 to 500 cashback. Simply complete the corporate nominee transfer instruction form and send it to Fidelity International, PO Box 391, Tadworth, KT20 9FU. It was a cinch because I dealt only with ME. Limited time offer. If youre reasonably satisfied with your current broker, theres probably no reason to transfer your account. Alternatively, access Computershares Investor Center or Quick Access Hub for easy access to your tax forms. Fidelity's broker-assisted trade fee is higher than we like to see, at $32.95. Read more. Perform a full comparison between Fidelity and each of the brokerage alternatives youre weighing. In connection with the demutualization and as required by the Plan of Conversion approved by the Indiana Commissioner of Insurance, we received a Tax Opinion to the effect that the tax basis of the shares of common stock to be received by Eligible Statutory Members of Anthem Insurance in the demutualization would be zero. This Cash Back Offer (the Offer) is available when you apply to transfer your pension(s), ISAs or other investment account assets between 7th July 2022 and midnight on the 6th October 2022. Computershare Quick Access Hub (provides quick access to tax forms). The CMA is a separate account in your name that helps manage cash. 3. Previously, he was the content manager for the luxury property management service InvitedHome and the section editor for the legal and finance desk of international marketing agency Brafton. If the receiving broker accepts the account, the delivering broker will take about 3 business days to move your assets. In this case, you can call Fidelity at 800-343-3548 and make your closure request. Those funds come from Fidelity and other mutual fund. They had apparently decided that the certificate had been lost or stolen because they hadn't heard from us for so long (not sure why we would have contacted them), so they were going to make it hard. Manage your share portfolio, update your details, access tax forms, view balances and more. Fidelity is the rare broker that's able to serve both active traders and beginner retirement investors alike. by Scrapr Mon Apr 23, 2018 3:26 pm, Post Exclusions, T&Cs apply. Transfer Agent vs Broker Summary Ask your broker how they alert customers once the transfer is complete. Discussing the account transfer process with your new broker can help ensure the process is a success. Computershare to determine if there are any limitations applicable to your particular sale request. Kevin Voigt is a former staff writer for NerdWallet covering investing. From the replies here, it looks like Vanguard has a mixed reputation when transferring from Computershare. Fidelity handled it all. Youre simply changing hands from one broker to a new one. If youre looking for access to the futures markets, youll want to look at Benzingas list of recommended brokers who allow futures trading. To view the prospectus, click View and Print the Plan Brochure. Improving health for everyone is possible. administrator, executor/executrix, guardian or court appointed representative) Not rated here, but worth noting: Fidelity also launched a new mobile app, Fidelity Spire, designed for young adults. If the transfer of all of your eligible assets has not completed by then, we will pay within 90 days after the completion of your Transfer Date. General Transfer Info. . Do Not Sell My Personal Data/Privacy Policy. If moved into an ISA or SIPP, it will count towards your annual allowance. Your destination broker might also have additional restrictions or fees not disclosed outright. Fidelity will not cover any bid-offer spreads or any capital gains tax liability arising as a result of these transactions. In some unknown order it was distributed by Mellon, Delaware Investments, Kemper, and eventually to ComputerShare. There are exceptions to these general tax rules, so we strongly advise you to consult with your tax advisor if you have questions about the tax implications of the exchange. Super easy. NerdWallets comprehensive review process evaluates and ranks the largest U.S. brokers by assets under management, along with emerging industry players. He previously was a reporter with The Wall Street Journal and business producer for CNN.com in Hong Kong, where he was based for nearly two decades. I just transferred some stocks from Computershare to Merrill Edge. The offering was made in connection with the conversion of Anthem Insurance Companies, Inc. from a mutual insurance company to a stock insurance company in a process called demutualization. To prove ownership was acceptable easy access to tax forms, view and. You could provide to prove ownership was acceptable review the financial institutions Terms and Conditions they alert once. 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