In order to transfer your SoFi Invest shares to a Transfer Agent (i.e. Computershare) our Clearing Firm requires a Letter of Instruction signed and dated.
The letter needs to include the following:
- Your SoFi Invest account number
- The stock you would like to transfer (CUSIP and number of shares)
- Details of the Transfer Agent you want to transfer to.
This letter must be physically signed and dated. We cannot accept a typed signature.
To send us the Letter of Instruction and initiate the transfer, please reach out to one of our Investment Specialists by phone or chat.
Please Note: There is a DRS transfer fee of $115. You must have at least $115 in your account buying power before the DRS transfer can be initiated. If your transfer request is rejected by the Transfer Agent, there is an additional fee of $125.