Managing securities is hard. That’s why you need to choose the correct business to handle stock transfers. A transfer agent services provider can help a business deal with shareholders.
STC Securities and Legacy Stock Transfer are two transfer agents that stand out. Both are leaders in their fields and provide new ways to solve problems. These enterprises meet the demands of both public and private businesses.
What is STC Securities?
Securities Transfer Corporation is a full-service company based in Plano, Texas. STC Securities has been in business since 1987. It keeps track of shareholders, issues stock certificates, and transfers stocks. It also gives out dividends and proxy services. They also file EDGAR reports for both public and private companies.
STC Securities is a well-known member of DTCC. It makes it easy to move securities between systems like DWAC, FAST, and DRS. The company uses a technology-based, tailored method. It works with clients in many fields, including technology, healthcare, and finance.
Legacy Stock Transfer: A Legacy of Knowledge and Trust
Legacy Stock Transfer is a family-run firm. The SEC has registered it as a transfer agent. It complements STC Securities‘ services because it’s known for putting clients first.
Legacy Stock Transfer is also a member of the DTCC. This allows it to move securities via DWAC, FAST, and DRS systems.
Full Service Range
The two companies provide various stock transfer agent services. These fulfill the different needs of their clientele.
STC Securities services include helping with shareholder management, fund administration, and DTC eligibility. They help with tagging XBRL and filing EDGAR. They make sure that businesses follow the rules for public reporting.
Legacy Stock Transfer is great at designing solutions for public and private companies. Issuing and transferring stock certificates are part of their service. They also act as proxy agents and keep book-entry records.
One of their most recent clients is a private REIT. They employed Legacy’s proxy services to make their annual meeting procedure easier. Legacy ensured the meeting went smoothly by taking care of all the proxy papers.
They also help companies become DTC eligible. It’s a vital step for trading stocks on the open market.
For instance, Legacy assisted a new biotech company in getting a CUSIP number. They also ensured the company is DTC eligible. This helped the startup go public. Legacy Stock used its expertise to make the complicated process easier.
Using Technology for Efficiency
Both transfer businesses are on board with leveraging technology. They use the most advanced tools to improve their services.
STC Securities uses high-tech solutions to keep accurate and safe records of shareholders. Legacy Stock Transfer invests in new software to make it easier for clients to do business. Their software also lets you see shareholder data in real time. They also issue new certificates or keep track of changes in ownership more easily.
Making a Difference with Customized Services
What makes STC Securities and Legacy Stock Transfer different from the rest? It’s their dedication to giving each customer personalized service.
STC Securities thinks that “business is personal.” Their hands-on help makes it clear that this is how they work. One customer said it did a great job of fixing a complicated stock registration problem. Their quick response showed that they were knowledgeable and competent.
Legacy Stock Transfer goes a step further by being family-owned. The business handles its customers like partners. The Legacy team establishes strong relationships to earn client trust. Their clients feel like they have help at every step.
A small-cap corporation was very open about how effective Legacy Stock Transfer was. The small business said they got a lot of help. Legacy also gave personalized advice during a stock offering. The result was a process that went well and quickly.
Solutions That Are Both Cost-Effective and Compliant
Both businesses put quality first while keeping prices low. STC Securities charges reasonable prices for its services. They accept credit cards, wires, and checks as forms of payment. It’s what makes them open to businesses of all sizes. Legacy’s clear cost structure includes yearly retainers and fees for each transaction.
Your Partner in Securities Management
Legacy Stock Transfer is an SEC-registered stock transfer agency. Since 1996, public and private companies have trusted the company as a partner. We offer unique and tailored solutions. We’re experts at keeping track of shareholders, issuing stock certificates, and moving stocks. We also help with proxy services and DTC eligibility. You can reach us by phone at 972-612-4120 or by email at info@legacystocktransfer.com.