Sterling Issuer Services is very proud to announce that it has been approved for the Medallion Signature Guarantee Stamp program through the Securities Transfer Agents
Medallion Signature Guarantee Stamp
Medallion Program (STAMP). As a result of this approval, Sterling Issuer Services is now able to provide Medallion Signature Guarantee Stamps for shareholder and security holders who need to transfer their stocks, bonds, and other securities. This is an important service for investors looking to transfer or deposit their securities. This stamp guarantees the authenticity of a signature. It is typically placed on a stock power, or the back of a certificate. Over the course of the last several years it has become increasingly more difficult for investors to obtain a Medallion Signature Guarantee Stamp which is needed for the transfer of their securities or for depositing them into a brokerage account.
Years ago a shareholder could walk in to almost any brokerage firm or bank and obtain a Medallion Signature Guarantee Stamp on a Stock Power or the back of a stock certificate and deposit that certificate into any account they wanted. For example a shareholder might obtain a Medallion Signature Guarantee Stamp from their broker at Morgan Stanley and deposit the certificate into their account at Schwab or a penny stock firm. Then the brokerage firms began cracking down on this process. They wanted these assets to be deposited into accounts at their firm. For a variety of reasons this makes a lot of sense.
Then it became more common for shareholders to go to their local bank to receive a Medallion Signature Guarantee Stamp. However, many banks are now placing pretty serious restrictions on who they will provide Signature Guarantee Stamps for. Every bank that I know, will only provide a Medallion Signature Guarantee for their own customers. Making things more difficult, those banks that own brokerage firms, will now only provide a Medallion Signature Guarantee Stamp for securities being deposited into an account at their brokerage firm.
This creates a lot of problems for shareholders looking to deposit securities. Many brokerage firms restrict what they will accept for deposit. Many large brokerage firms will not accept stocks priced below $5.00 per share for deposit. Several of the clearing firms will not accept stocks priced below $0.50 per share for deposit. This creates problems for investors. This is a particular issue for investors who participate in a lot of private placements.
We are offering to our clients the ability to schedule an appointment at our office in Atlanta to receive a Medallion Signature Guarantee Stamp in person, or for those who are unable to visit our office, we will provide this service online. We believe that we should do our best to offer our clients the most convenient service possible.
For those who would like to receive their Signature Guarantee Stamp in person, they can contact our office via. telephone # (404)-816-8240
For those who are unable to visit our office, and would like to utilize our online service, please visit www.issuerservices.us/medallionstamp/ Please complete the form on the webpage, submit, and someone from our office will be in contact shortly. Our team has extensive securities industry experience. We can help ensure that you have everything you need to complete your transfer or deposit.
We do our best to assist you with this process and ensure that everything is done properly the 1st time.
The personnel at Sterling Issuer Services have over 50+ years of combined securities and banking experience. Our broad depth of industry and transactional knowledge is here to assist you. We can help review documents. We can help by letting you know about any additional documents you might need. Our review can also help make sure everything is completed properly. This can help ensure your transfer, sale, or deposit is processed smoothly and as quickly as possible. We are here to help and be of assistance.
Sterling Issuer Services is a full service firm designed to meet the needs of corporations and their shareholders with respect to their public disclosure requirements, shareholder communication, and interaction with the investment community. We work with large and small companies. We provide services to publicly traded companies as well as privately held corporations. Our mission is to provide our clients with 1st class service, and be a partner that they are proud to have on their team. Additional information on the services provided by Sterling Issuer Services can be found on our services page (click here).
Sterling Issuer Services is a wholly owned subsidiary of Sterling Holdings & Investments, LLC. As part of the Sterling Holdings family of companies, we are affiliated with Coral Capital Advisors, LLC. and Mountain Share Transfer, LLC. Please feel free to inquire about any of the service offerings of our affiliated companies.
