in person or online
We will do the hard yards for you with an uncomplicated approached to gathering documentation. Our team can assist you in-person or online to simply and efficiently sell your shares.
Experienced advisors
We are continually selling parcels of shares for clients and non-clients. Our advisors are approachable and here to help with any questions you may have.
ACCESS FUNDS SWIFTLY
Once the documentation is received, shares can typically be sold within a trading day, and the funds will be deposited into your nominated account two business days later.
Our Process
You Will Need
- Your Shareholder Reference Number or ‘SRN’. This can be found on a holding or dividend statement for your shares. We require a copy of this statement.
- Original Certified Identification for all shareholders.
- Completed One-Off Sale forms.
Get Started with iInvest Trading & Advisory
Selling shares in a one-off transaction
Many people hold shares without an ongoing broking account – a parcel inherited from a family member, shares received through an employee plan or demutualisation, or holdings bought years ago and left untouched. Our one-off share sale service is designed to sell a single parcel of shares in one transaction, and we regularly do this for both clients and non-clients, in person or online.
How a one-off share sale works
- Locate a holding statement or dividend statement for your shares – it shows your Shareholder Reference Number (SRN). We need a copy of this statement.
- Provide certified identification for each shareholder named on the holding.
- Complete the one-off sale forms. Our team will guide you through them.
- Once the documentation is received, the shares can typically be sold within a trading day, and the sale proceeds are deposited into your nominated bank account two business days after the sale.
Common questions
Do I need to be an existing client?
No. We regularly sell parcels of shares for both clients and non-clients, and you do not need to open an ongoing trading account or a broker-sponsored (HIN) account.
What is an SRN?
A Shareholder Reference Number identifies an issuer-sponsored shareholding. It begins with the letter “I” and appears on the holding and dividend statements sent by the company’s share registry. If you cannot find a statement, the company’s share registry can reissue one.
Can I sell shares that belonged to someone who has passed away?
Yes, though selling shares held by a deceased estate involves additional documentation. See our Deceased Estates service for how that process works.
How long does it take?
Once we have your completed documentation, shares can typically be sold within a trading day, with the proceeds settling into your nominated account two business days after the sale.
Missing shares or dividends?
Old shareholdings are easy to lose track of after a move, a name change or an inheritance, and dividends can sit unclaimed for years. A holding or dividend statement from the company’s share registry is the starting point for tracking a holding down, and ASIC also maintains a searchable register of unclaimed money. If you have found shares you did not know you held, or think there may be holdings in your name, we can handle the entire search process for you – see our guide to finding lost shares and unclaimed dividends, or get in touch to have us take care of it.
The information on this page is general information only and does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for your circumstances before acting on it. iInvest Trading & Advisory is a Corporate Authorised Representative (CAR 431611) of Zodiac Securities Pty Ltd (AFSL 398350).
