You can initiate the transfer of your shares from your Optio nominee account to your personal brokerage account directly from the Participant Portal.
How to start the transfer:
- Log in to your account on the Optio portal.
- On your main dashboard, you will see a banner or button that says "Transfer your shares". Click on it.
- Follow the on-screen instructions and fill in the required details about your private brokerage account.
See here: How to fill Share account details in Participant Portal?
Once you submit the transfer request, our settlements team will contact your broker directly to coordinate the delivery of the shares.
Important Recommendation:
Before you start the transfer, we highly recommend you contact your broker to confirm two things:
- That they can accept share transfers from a corporate nominee account (sometimes called a "pooled" or "trust" account).
- What specific information they require from you to accept the incoming transfer.
This simple check can help prevent delays or rejection of the transfer.
Please be aware that the share transfer process is manual and involves multiple institutions, so it can sometimes take several weeks to complete.
Please note that your own bank or broker may have a separate fee to receive the shares. We recommend checking with them to be sure.