One of the worst feelings in the world for investors is to realize that they have lost their shares and do not know where to find them. It happens more often than you might realize, so you shouldn’t feel bad if you are in this situation. Fortunately, there are some ways that you can find your shares, and it is not as difficult as you might imagine.
Companies that offer to sell your shares for you will often have a service to help find shares that may be lost. This will be far simpler than trying to track everything down on your own. If you were to try to find the shares on your own, imagine how many phone calls and how much paperwork you would have to do. It’s a better and easier solution to simply have professionals take care of tracking down all the information for you.
When you work with a quality company that offers these services, you will discover that they can find the shares and even consolidate all of your share information. Companies can use your Securityholder Reference Number or Holder ID number to find the name and address the shares are registered under. For example, they might be under a maiden name. They can find out what you own, and they can find lost shares and dividends that might be owed to you.
This type of service can be quite useful not only for those who have lost their own shares but also for those who may have lost track of shares for which they were responsible. For example, this could include shares from estates where the owner is deceased or those who have power of attorney.
Once you find the shares that were, you have options as to what you want to do with them. In some cases, you might want to hold onto them for a bit longer. Other times, you might want to sell once they’ve been located. The decision should always be up to you. Don’t work with a company to find your shares if they insist you sell the shares as soon as they are located.
Find the Pros to Handle the Work
Now that you can see just how easy it is to find shares that you might have thought lost for good, it’s time to get started. Work with a professional company that has the skills and resources to find the shares, so you don’t have to waste your time doing it.