Direct Register Shares from T. Rowe Price

Updated: Jul 23

T. Rowe Price charges a $15(US) fee for each DRS transfer. This means each time you want to direct register shares of a specific stock you are charged $15(US).


They might ask you to open a Computershare account first. This is possible by going to Computershare.com/us and signing up for a new account based on your SSN, name and address.


How To Transfer:

Once your shares are settled in T. Rowe Price, you can call them to request the transfer (number here).

  • In the phone options, choose the "general account inquiry" (option 5).

  • Use the terms "withdraw stock back to the transfer agent" in order to get to the people who can help.

  • The department is called “broker account services”.

  • They will fill out the paperwork and ask you to confirm the transfer.

  • When you confirm and agree to the fee they will submit the transfer.

  • Once T. Rowe submits the transfer request, the transfer will take 3-5 business days to process.

If you don't have an existing Computershare account:

The broker and Computershare will take care of the transfer and open a Computershare account for you. This will take another 2-3 business days.

If you have an existing Computershare account:

Your broker will transfer the shares based on your name and address. As a result, a second account may be created for you. This can be for a few reasons, such as a middle initial existing on one account, but not the other. If your name and address match exactly, then the transfer will process within the normal amount of time. If not, then it will take another 2-3 business days.


After your shares leave your broker:

  • Go to Computershare.com/us.

  • Click on “Login to Investor Center”.

  • Click on “Register Now”.

  • Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop).

  • Computershare will then prompt you to create your username, password and security questions.

  • Once your account is created, Computershare will send you a verification letter in the mail.

You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online.


To verify online, Computershare will ask some security questions based on info they take from LexisNexis. Please note, part of the process is to give a question with zero correct answers. So read the questions carefully.


When you receive the verification code letter:

  • Return to Computershare.com/us.

  • Click on “Login to Investor Center”.

  • Login using the username, and password you have created.

  • Then you can enter the verification code.

  • You now have full access to your Computershare account!

  • There is no more need for the verification code.

44 views

If you have any corrections, or know of any other brokers, please let us know through the feedback page!