Direct Stock Purchases (Company DRIP Programs)

[cannew]

(02-04-2015, 02:06 PM)DividendGarden Wrote: I use Loyal3 in addition to Computershare and a discount brokerage. When I originally signed up for Loyal3, they allowed us to purchase stocks with a debit or credit card, and I used a cashback rewards card to make these purchases, effectively giving me a further discount. Well, some people were apparently abusing this by purchasing massive quantities of stock for the cashback/rewards and then dumping the stock immediately. Loyal3 cancelled the ability to use a card and now you must use a checking account to make the purchases. Since they made this switch, I only use Loyal3 to purchase Berkshire Hathaway "baby B's" on a regular basis. All other investing is done through Computershare or an online discount brokerage now.

Loyal3 seems like a great option for beginners, especially if they stick to the established companies (APPL, KO, DIS, MCD, MSFT, PEP, VFC, WMT & YUM).
Question. Once you've purchased shares through Loyal3, can you THEN deal directly through the Transfer Agent if you wish (say Computershare)?