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Dodging Fees

July 29, 2013 by  

Dear Bob,

You say to take possession of your stock certificates. When I tried to do this they wanted to charge me $500 for each certificate. Is there a way around this fee?

Thanks,
David S.

Dear David,

This is outrageous. I didn’t pay anything for mine a long time ago.

Maybe you can transfer them to a broker and ask for the certificates. Maybe you can transfer them all direct to the transfer agent and then take possession. This cuts the broker out. It’s a safer position for the transfer agent to hold the stocks. Ask your broker who the transfer agent is on your stocks.

Best wishes,
Bob

Bob Livingston

is an ultra-conservative American who has been writing a newsletter since 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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