How to transfer your stocks to your broker with DTC (Depository Trust Company) code

If you want to transfer your stocks from one broker to another, most broker apps offer an easy to transfer option like TD Ameritrade screen shown below. However, I found that not every broker is searchable in a form like this, which might be especially true if you are trying to transfer Restricted Stock Units (RSU) or your company stocks.

Your brokerage might not be shown here if you use Computershare or company based broker

As I was getting through a same struggle, I discovered that I need to know something called Depository Trust Fund (DTC) code as the transfer needs to be initiated from the broker where I have my stocks. In this blog, I will show you how you can find out your DTC code and transfer your stocks to your preferred broker. I am using Computershare as the place where I have my stocks that I want to transfer and TD Ameritrade is my preferred broker. However, you can apply a similar methodology for different variations as the general process should be similar.

STEP #1: How to find a stock transfer option from a broker where you have your stocks with Computershare as an example

In a screen below, I am already logged into Computershare account. I am going to choose Transact. Under All Transactions option, I am going to choose Transfer to Broker option.