Personal Finance & Money Asked by Babcool on May 25, 2021
I have a few stocks from a public company. I got them after a startup I worked in got acquired by this public company. So now I have an account on AST Financials, and my stocks are in their books (I don’t have any certificate currently).
Sadly, the company doesn’t offer any way to sell the stocks directly from AST Financials, so I suppose I have to open an account to a broker, transfer my stock (with ACAT transfer I suppose), sell my stocks and then close my account and transfer the money to my bank account.
So I have 2 questions :
Please also note that I don’t have American citizenship, not sure if that has any kind of influence on my question.
Thanks!
Ps: The approximate value of the stocks is around $40k
Fidelity says no fees to transfer in; you would have to contact AST for their fees to transfer out, if any.
Answered by Orange Coast- reinstate Monica on May 25, 2021
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