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Transfer Agents Albano in Kai Vaughn's blog

6/04/2016

Transfer agents: Albano brokerage

Transfer agents perform three main functions:

Issue and cancel certificates to reflect changes in ownership. For example, when a company declares a stock dividend or stock split, the transfer agent issues new shares. 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,...

31/03/2016

Albano brokerage stock transfer services tips

Prior to moving accounts from one firm to another, it is always a good idea to review and understand the transfer process. In addition, communicate with the new firm and determine whether any specific policies or constraints might impact the transfer of your account. For example, if you have a margin account, you should ask if the new firm will accept a margin account and,...