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The Pocket Idiot's Guide™ To Direct Stock Investing by Lita Epstein, Douglas Gerlach

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Chapter 6
Account Administrators
In This Chapter
• Transfer agent’s role
• Account management
• Additional functions
When you set up a DRIP or DSP account, you most likely won’t be working directly with the company you’ve chosen. Instead most companies work with transfer agents who handle their account administration needs. Your account administrator will help you to buy and sell shares, reinvest dividends, vote your shares, track your account, and complete other activities related to stock ownership. In this chapter, we’ll review the primary services transfer agents offer corporations and how you can use these services.

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