If you’re considering hiring a transfer agent to take care of your investments, you don’t want to choose just anyone. You need to do your research first and determine who is the best person for the job. With that in mind, read on for a few of the top things to think about when choosing a transfer agent.
They Need to Fit Your Goals and Theirs
You want an agent who fits your goals, but also fits their own goals. For example, you don’t want to hire a transfer agent who is looking to move onto bigger and better things, unless, of course, you have the same goal.
Always Ask the Tough Questions
As with anything else, you have to ask tough questions to get the things you want. You should ask some of the following questions: Did you lose any clients last year? Why? Are there going to be regulatory changes soon? These are questions you need to ask, and a reputable, experienced agent will have no problems answering them for you.
Ask Him to Uncomplicate His Fee Schedule
It’s important to know exactly what you’re getting into, especially with the fee schedule. Ask the agent to uncomplicate it for you so even a layman who doesn’t dabble in this industry can understand it.
Years of Experience
One of the most important things to think about when choosing an agent is the years of experience that agent brings to the table. Remember, you’re putting your investments in his hands. The more years he has in the business, the better.
For more information on finding a reputable transfer agent to meet your needs, contact the professionals at Colonial Stock Transfer Company, Inc. today.
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