How To Drs Shares From Td Ameritrade?

Do you want to take control of your stock ownership? With the recent surge in interest in direct registration of shares (DRS), more and more investors are looking for ways to transfer their shares out of the Depository Trust Company (DTC) and into their own name.

TD Ameritrade is one of the largest brokerage firms in the United States, and it offers a DRS transfer service. In this article, we’ll walk you through the steps on how to DRS your shares from TD Ameritrade.

We’ll cover everything you need to know, from the benefits of DRS to the specific steps involved in the transfer process.By the end of this article, you’ll be able to decide if DRS is right for you and, if so, how to get started.

Step	Action	Explanation
1	Call TD Ameritrade customer service	You will need to speak to a representative to initiate the DRS transfer.
2	Provide your account number and the number of shares you want to transfer	The representative will need this information to process the transfer.
3	Wait for the transfer to complete	This can take a few days to a few weeks, depending on the volume of transfers being processed.
4	Check your Computershare account	Once the transfer is complete, your shares will be reflected in your Computershare account.

What is DRS and why should I do it?

Direct Registration System (DRS) is a way of holding your shares of stock in your name directly with the transfer agent of the company that issued the shares. This is in contrast to the more common method of holding your shares in a brokerage account, where the shares are actually owned by the brokerage firm and you are simply the beneficial owner.

There are a number of benefits to DRSing your shares, including:

• Increased security: When your shares are held in a brokerage account, they are not actually yours. The brokerage firm owns the shares and you are simply the beneficial owner. This means that if the brokerage firm goes bankrupt, your shares could be lost. When your shares are DRSed, they are held in your name directly with the transfer agent, which provides you with a higher level of security.
• Prevents lending of shares: When your shares are held in a brokerage account, the brokerage firm can lend them out to short sellers. This can drive down the price of the stock and make it more difficult for you to sell your shares at a profit. When your shares are DRSed, they cannot be lent out, which helps to protect their value.
• Increased voting power: When your shares are held in a brokerage account, you may not be able to vote at shareholder meetings. This is because the brokerage firm may not send you voting materials or may vote your shares on your behalf without your consent. When your shares are DRSed, you will receive voting materials directly from the company and you will be able to vote your shares yourself.
• Transparency: When your shares are held in a brokerage account, you may not have access to real-time information about your shares. This is because the brokerage firm may not provide you with all of the information that is available from the transfer agent. When your shares are DRSed, you will have access to real-time information about your shares, including the number of shares you own, the price of the stock, and any dividends that are paid.

If you are considering DRSing your shares, there are a few things you should keep in mind. First, DRSing your shares can take some time, so it is important to factor this into your decision. Second, DRSing your shares may mean that you will have to pay a fee to the transfer agent. Third, DRSing your shares may make it more difficult to sell your shares quickly, as there are fewer buyers for DRSed shares.

Ultimately, the decision of whether or not to DRS your shares is a personal one. You should weigh the benefits and risks of DRSing your shares and make a decision that is right for you.

How to initiate a DRS transfer from TD Ameritrade?

To initiate a DRS transfer from TD Ameritrade, you will need to follow these steps:

1. Log in to your TD Ameritrade account.
2. Click on the “Accounts” tab.
3. Click on the “Transfers” link.
4. Click on the “Direct Registration System (DRS)” link.
5. Enter the number of shares you want to transfer and the account number of the DRS account you want to transfer them to.
6. Click on the “Submit” button.

TD Ameritrade will then send your shares to the transfer agent for the company that issued the shares. The transfer process can take up to 5 business days.

Once your shares have been transferred to the DRS account, you will receive a confirmation letter from the transfer agent. You will also be able to view your DRS shares in your TD Ameritrade account.

It is important to note that you cannot sell your DRS shares through TD Ameritrade. You will need to transfer them back to a brokerage account in order to sell them.

If you have any questions about DRSing your shares from TD Ameritrade, you can contact customer service.

DRS is a valuable tool for investors who want to increase the security of their shares, prevent lending of shares, and increase their voting power. If you are considering DRSing your shares, be sure to weigh the benefits and risks of DRSing your shares and make a decision that is right for you.

How to DRS Shares from TD Ameritrade?

Step 1: Contact TD Ameritrade customer service and request to DRS your shares. You can do this by calling 1-800-454-9273 or by visiting your online account.

Step 2: TD Ameritrade will send you a DRS form that you will need to fill out and sign.

Step 3: Once you have filled out and signed the DRS form, you will need to mail it back to TD Ameritrade.

Step 4: TD Ameritrade will then transfer your shares to the Computershare DRS system. This process can take up to 2 weeks.

Step 5: Once your shares have been transferred to Computershare, you will receive a confirmation letter from them.

Step 6: You can now log in to your Computershare account and view your DRS shares.

Benefits of DRSing your shares:

• Your shares are held in your name, which gives you more control over them.
• DRSing your shares helps to prevent naked short selling.
• DRSing your shares helps to ensure that your shares are not lent out to short sellers.
• DRSing your shares is the only way to guarantee that your shares will be voted at shareholder meetings.

Risks of DRSing your shares:

• There is a small risk that your shares could be lost or stolen if your Computershare account is compromised.
• DRSing your shares may make it more difficult to sell them quickly if you need to do so.

:

Whether or not you decide to DRS your shares is a personal decision. There are both benefits and risks to consider. However, for many investors, the benefits of DRSing their shares outweigh the risks.

What are the risks and benefits of DRS?

Risks of DRSing your shares:

• There is a small risk that your shares could be lost or stolen if your Computershare account is compromised.
• DRSing your shares may make it more difficult to sell them quickly if you need to do so.

Benefits of DRSing your shares:

• Your shares are held in your name, which gives you more control over them.
• DRSing your shares helps to prevent naked short selling.
• DRSing your shares helps to ensure that your shares are not lent out to short sellers.
• DRSing your shares is the only way to guarantee that your shares will be voted at shareholder meetings.

:

Whether or not you decide to DRS your shares is a personal decision. There are both benefits and risks to consider. However, for many investors, the benefits of DRSing their shares outweigh the risks.

FAQs about DRS from TD Ameritrade

Q: What is DRS?

A: DRS stands for Direct Registration System. It is a system that allows investors to hold their shares directly in their name, rather than through a broker.

Q: Why should I DRS my shares?

A: There are a number of reasons why you might want to DRS your shares, including:

• To prevent naked short selling. When shares are DRSed, they are removed from the DTCC’s system of street name shares. This makes it more difficult for short sellers to create synthetic shares.
• To ensure that your shares are not lent out to short sellers. When shares are DRSed, they are not eligible to be lent out to short sellers. This can help to reduce the amount of short selling pressure on a stock.
• To guarantee that your shares will be voted at shareholder meetings. Only shares that are DRSed are eligible to be voted at shareholder meetings. This means that if you want to have a say in how a company is run, you need to DRS your shares.

Q: What are the risks of DRSing my shares?

A: There are a few risks associated with DRSing your shares, including:

• The risk of losing your shares. If your Computershare account is compromised, there is a risk that your shares could be lost or stolen.
• The risk of not being able to sell your shares quickly. DRSed shares can take longer to sell than shares that are held in a broker’s account. This is because DRSed shares must be transferred back to the broker before they can be sold.

Q: How do I DRS my shares from TD Ameritrade?

A: To DRS your shares from TD Ameritrade, you can follow these steps:

1. Contact TD Ameritrade customer service and request to DRS your shares.
2. TD

How do I DRS my shares from TD Ameritrade?

1. Log in to your TD Ameritrade account.
2. Click the “Accounts” tab and select the “Positions” tab.
3. Find the stock that you want to DRS and click the “Actions” button.
4. Select “Transfer” and then “Direct Registration System (DRS).”
5. Enter the number of shares that you want to DRS and click “Continue.”
6. You will be prompted to create a Computershare account if you don’t already have one.
7. Enter your Computershare account information and click “Continue.”
8. You will receive a confirmation email from TD Ameritrade.
9. Your shares will be transferred to Computershare within 2-4 weeks.

What are the benefits of DRSing my shares?

• Your shares are held in your name, not in the name of a broker. This means that you are the legal owner of your shares and you have the right to vote and receive dividends directly from the company.
• DRSing your shares helps to protect them from being lent out to short sellers. This can help to reduce the number of shares available to short sellers and make it more difficult for them to drive down the price of a stock.
• DRSing your shares is a way to show your support for a company. When you DRS your shares, you are telling the company that you are a long-term investor and that you believe in its future.

What are the risks of DRSing my shares?

• There is a small risk that your shares could be lost or stolen if your Computershare account is hacked. However, this risk is very small and is outweighed by the benefits of DRSing your shares.
• You may have to pay a fee to DRS your shares. The fee typically ranges from $5 to $10 per share. However, this fee is often waived if you are transferring a large number of shares.
• You may not be able to sell your shares as quickly if you DRS them. This is because DRSed shares are not held in a margin account and may take longer to settle when you sell them. However, this is not a significant concern for most investors.

Is it safe to DRS my shares from TD Ameritrade?

Yes, it is safe to DRS your shares from TD Ameritrade. TD Ameritrade is a reputable broker and has a long history of providing safe and secure services to its customers.

How long does it take to DRS my shares from TD Ameritrade?

It typically takes 2-4 weeks to DRS your shares from TD Ameritrade. However, the exact time frame may vary depending on the number of shares that you are transferring and the current volume of DRS requests.

What happens to my shares while they are being DRSed?

Your shares will be held in a suspense account at TD Ameritrade while they are being DRSed. This means that you will not be able to trade or sell your shares during this time. However, your shares will still be safe and secure.

What if I have questions about DRSing my shares?

If you have any questions about DRSing your shares, you can contact TD Ameritrade customer service. TD Ameritrade’s customer service representatives are available 24/7 to help you with your DRS request.

In this guide, we have shown you how to DRS your shares from TD Ameritrade. We hope that this information has been helpful and that you are now able to take the necessary steps to secure your assets.

Here is a quick recap of the steps involved:

1. Create a Computershare account.
2. Contact TD Ameritrade and request a DRS transfer.
3. Wait for the transfer to complete.
4. Log in to your Computershare account and view your shares.

Once your shares are DRSed, they will be held in your name directly with Computershare. This means that you will have full control over your assets and that they will be protected from potential fraud or theft.

We encourage you to DRS your shares if you are concerned about the security of your investments. By doing so, you can rest assured knowing that your shares are safe and secure.

Additional Resources

• [TD Ameritrade’s DRS transfer guide](https://www.tdameritrade.com/content/dam/tdameritrade/tdweb/documents/pdf/TDA2374.pdf)
• [Computershare’s DRS FAQ](https://www.computershare.com/us/en/help/individuals/drs-frequently-asked-questions)
• [The Everything Guide to DRSing Your Shares](https://www.drsgme.org/)