TWO PROPOSED STEPS TOWARD A BETTER RESOLUTION OF THE “STRANDED DRP PROBLEM”
The first, and perhaps the most urgently needed step, we say, is for issuers to review the Terms and Conditions governing their own plan, and revise them so that any time the Plan balance is less than one full share, the Plan Agent will, henceforth, liquidate the fractional share, send a check, and close the account.
“STRANDED DRPS” ARE COSTING ISSUERS BIG BUCKS – LITERALLY “FOR NOTHING”
As we’ve noted in previous issues, your editors, and many of our savvier and busier friends, have been trying to clean up most of our smallish DRP and DSPP accounts. Why? Because of all the paperwork they generate – but also to be able to consolidate all our investments in a single place.
Another Look at Transfer Agent Market Share; The Real Decider, We Say, of Transfer Agent Success… and Survival
Recently, a reader sent us a link to a web-posting from a firm called Auto Analytics, which has been tracking Transfer Agent market share since 2012, based on the number of companies that are active SEC registrants. This way of measuring market share produces very...
Stock Transfer Agents – Coping With a Shrinking Universe of Providers
Transfer agents take a lot of heat – from shareholders – and sometimes from their clients too, although, after all, that’s what you really pay them to do.
Q&A With Abby Cowart
New Executive Director of the Shareholder Services Association
The Return Of The Telephone
An Interview with Ellen Philip & Cal Donly Of Ellen Philip Associates
The Optimizer Interviews Jay McHale & Bill Jackson Of Computershare/Georgeson
“Gentleman: 2015 set an all-time record for mergers, acquisitions and spin-offs. With a truly astonishing $4.7 trillion in deals announced, and with so many of the deals involving “mega-cap companies”, we imagine that the impacts on Computershare and on Georgeson Were significant ones. So… for starters….”
The World Of Shareholder Meetings
An Interview With Michael Mackey, President, Alliance Advisors, LLC
The Unforgettable Wilma Soss
The first person ever to demand that directors put women on their boards Wilma Porter Soss (b. March, 1900 in San Francisco, d. Oct. 1986 in Brooklyn) was one of the most colorful, persistent and totally unforgettable people ever to storm an Annual Shareholder...
The SSA Announced This Year’s James R. Smith Scholarship Winner – Its 12th!
An 18-year-old Connecticut high-school senior with his sights set on a career in nursing has been named the winner of the 2016 award under the James R. Smith Scholarship Program of the Shareholder Services Association.
