Can’t Find Your Shares? Read This Guide

Selling shares is a great opportunity to get some extra cash in hand, but what if you can’t find your shares to sell in the first place? There are a lot of different reasons that you may have lost track of shares along the way in your life. Why you lost them doesn’t matter—what matters is finding them so that you can sell them for the money that you deserve. Check out this guide about how to find shares for more insight.

Step One: Search with Your SRN or HIN

Your Securityholder Reference Number (SRN) or Holder Identification Number (HIN) are the first two numbers that you can use to search for shares that may be registered under your number(s), but that have gotten lost along the way. In addition to this information, you may also be required to provide your name and address for additional verification.

Step Two: Update Your Information

If you are tracking down lost shares now, imagine how many more you could have in the future if you don’t clean things up. The first thing that you need to do in this regard is to check your shareholding information and ensure that it is all accurate. Whether it is the payment instruction or the mailing address that is incorrect, the smallest inconsistencies could lead to shares getting lost in any number of places along the way.

Finding Other People’s Shares

If you are in charge of someone’s estate or an inheritance, you may need professional assistance in locating these shares. In many cases, you may have been given responsibility over shares or an investment account, but not given much information about where the account is and how the shares are registered. Fortunately, when you work with a professional stockbroker and share selling service, they will be able to do some homework to figure out where your shares are at and help you choose the best course of action.

Do I Have to Sell?

Some people assume that if they hire a professional service to assist them in locating their shares, they also have to allow the stockbroker to sell the shares. This, however, is not the case. Services are completely capable of only locating your shares and then allowing you to do with them as you wish. These brokers know how to find shares, and that’s a service on which you should capitalise.

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