The medallion signature guarantee is one of many special certification stamps that guarantees the authenticity of a signature allowing the transfer of assets. You must sign the certificates and securities powers, a legal document different from a securities certificate that investors use to transfer or assign ownership to another person or entity if you have securities in certificate form and you want to want to sell or to transfer them. Before a transfer agent would accept your instructions for a transaction, all documents containing your signature must be guaranteed.

By making it more difficult for someone to forge your signature on your security certificates and related papers, the medallion signature guarantee safeguards you against asset theft. Because they restrict their exposure and liabilities if a signature turns out to be false, transfer agents seek medallion signature assurances. Common justifications for requiring a medallion signing guarantee include: transferring stocks to a new account, such as when moving or changing jobs.

• Gifting securities, such as stock shares, to a kid or a non-profit organization

• The securities must be transferred to a court-appointed agent since the initial owner of the securities has passed away.

For those who have been with us, we offer complimentary medallion services. Learn about our investment options to have the flexibility to invest whatever you like. You must personally complete a medallion signing guarantee that verifies your identity, signature, and legal capacity to transfer securities. For medallion requests to be authorized, specific supporting documentation must be supplied in order to safeguard your investments.

We do not provide medallion signature guarantees for assets you are transferring out of a Bank or account and guarantees are often provided by a party unrelated to the transfer or by the firm receiving the assets. A medallion stamp can be used to pledge endorsement on Warrants and many other Securities.