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Fidelity Stock Transfer SM

Frequently asked questions

What is a transfer agent?

A transfer agent provides services for an issuer of securities, like maintaining records of ownership, protecting against over- and under-issuances of securities, and providing corporate communications to securityholders.

The transfer agent acts as a liaison between an issuer and its shareholders. In some cases, the transfer agent facilitates transactions with a broker so investors can sell their securities. 

Do I need a transfer agent?
Yes, federal securities laws generally require that transfer agent services be provided for any publicly-traded securities. Transfer agents can provide expertise and efficiency to securities issuers in the services they provide.
Can I be my own transfer agent?
Yes, a company can choose to act as its own transfer agent, but usually hires a third-party transfer agent specializing in these services. Ensuring that all account balances, transactions, and investor records are accurate is a critical part of the company’s responsibility.
Can I change transfer agents?

Of course! It’s possible to change transfer agents. Transfer agents are an important liaison between a public company and their shareholders, so choosing the right one is important. Switching to Fidelity Stock Transfer typically takes six hours over six weeks, on average.

Does a private company need a transfer agent?

A private company doesn’t necessarily need a transfer agent, however if your private company is pursuing an IPO in the next 9-12 months, it can be the perfect time to start your search for a reliable transfer agent.

When should I start looking for a transfer agent?

Preparing for an IPO can be a stressful process. We find that many companies choose to start their transfer agent process around the time they’re confidentially filing their Form S-1, but it’s never too early to start. A company has usually chosen a transfer agent by the time they’ve publicly filed their Form S-1.

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