09-09-2015, 11:31 AM
I thought this Seeking Alpha article was relevant and informative:
http://seekingalpha.com/article/3496846-...p-drip-tip
One of the article commenter's provided good insight into a possible work around in incurring fee's when selling positions:
"I am a massive ComputerShare investor myself. Currently in 4 DRIPs and starting about 3-4 more here soon. The fee-free funds are the only way to go with this. Also, how do you get out of those waiting periods and high selling fees??? The answer is to do transfers from ComputerShares to a standard brokerage. I set a point that whenever I hold 11+ shares in a stock with Computershare, I will set up a Partial ACAT Transfer from Computershare to my Schwab Brokerage. Now I have fee-free purchases, free drips, AND easy selling access (for lower fees) at my disposal. Computershare is different than most brokers as they charge $0 fees for transfers out of the account."
http://seekingalpha.com/article/3496846-...p-drip-tip
One of the article commenter's provided good insight into a possible work around in incurring fee's when selling positions:
"I am a massive ComputerShare investor myself. Currently in 4 DRIPs and starting about 3-4 more here soon. The fee-free funds are the only way to go with this. Also, how do you get out of those waiting periods and high selling fees??? The answer is to do transfers from ComputerShares to a standard brokerage. I set a point that whenever I hold 11+ shares in a stock with Computershare, I will set up a Partial ACAT Transfer from Computershare to my Schwab Brokerage. Now I have fee-free purchases, free drips, AND easy selling access (for lower fees) at my disposal. Computershare is different than most brokers as they charge $0 fees for transfers out of the account."