For listed securities, almost all domestic and international stocks and fixed income securities can be transferred in to Mason Stevens. Please reach out to our Wealth team if you are unsure whether your client’s securities can be transferred to Mason Stevens.
For managed funds, any fund that is on our Approved Product List can be in-specie transferred in to Mason Stevens. You can refer to this list here.
Most listed securities and managed funds can be in-specie transferred in to a Mason Stevens Wealth Account.
- Held via a Custodian – this is when the Platform has invested on behalf of the underlying client, the managed fund is held in the Custodian’s name and not in the client’s name.
- Held directly with the Fund Manager – this is when the managed fund is held directly with the Fund Manager, the assets are in the client’s name.
Listed securities (domestic and international stocks and fixed income securities)
- Held with a Broker – this is when securities are held directly with a Broker, which is commonly the case when held on other Platforms. The securities are held in the client’s name.
- Held with the Registry – this is when securities are held by the Share Registry (on behalf of the company that has issued the shares). This usually occurs in an Initial Public Offering. The securities are held in the client’s name.
Mason Stevens can also facilitate Off-Market Transfers, or Change of beneficial ownership transfers, which occur when the selling entity differs to the buying entity. This may occur with any of the above transfer types.
Please note, Mason Stevens Super does not support in-specie transfers.