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GiveAShare is a website where you can buy individual stocks and gift them to family members or friends.
A complete service is offered, which includes the purchase and registration of shares as well as the packaging and shipping of the share certificate.
If you are looking for a unique gift that promotes Financial education and has the potential to increase in value over time, a GiveAShare share certificate could be the perfect idea. But how does GiveAShare work and how much does it cost? We'll answer these and other questions in this comprehensive review.
- Purchase individual shares as a gift
- Deposit shares are available
- Premium frame and gift wrapping available
Varies but starts at $39 per share |
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What is GiveAShare?
GiveAShare is a small company based in Arizona that makes it easy to buy a single share of stock as a gift for a family member or friend. You can choose from over 150 stocks of well-known, publicly traded companies.
The company was founded in 2002 and we have been recommending it as a great way to gift stocks for nearly a decade.
What does it offer?
GiveAShare allows you to buy a single share of stock for a child or other family member or friend without them having to open a brokerage account. With this service, the company promotes financial literacy among children and adults alike.
How to buy shares through GiveAShare
Here's a closer look at the process of buying and gifting shares through GiveAShare:
1. Choose a stock and select your options
As mentioned, you can choose from over 150 stocks, including companies like Google, Amazon, Coca-Cola, John Deere, Ford, American Eagle, and Berkshire Hathaway. GiveAShare allows you to filter your search in a variety of ways, including by industry, stocks with dividend reinvestment plans (DRIPs), stocks that offer real certificates, etc.
After selecting your share, you can enter the name of the shareholder and decide what type of frame or gift wrapping you would like for the certificate.
2. Sending the personalized display certificate
The GiveAShares fulfillment process consists of two steps. First, within Within two business days of your order, GiveAShare will ship the personalized certificate of issue from its Arizona location. Express shipping is available.
3. Dispatch of the title deed
The certificate of issue sent in step two is not the official share certificate. It is a framed duplicate that can be issued by the owner of the share (gift recipient). It can take 3-7 weeks for the share to be legally registered. The time frame varies depending on whether you requested a bank statement or a physical share certificate. Regardless, once the registration process is complete, a confirmation will be sent from the transfer agent, e.g. Computershare, to the shareholder's address.
Giving shares to a child
GiveAShare allows you to purchase shares for underage children. However, you must follow a few guidelines. First, you must provide GiveAShare with the name of the manager, whose name will also appear on the registered shares. The manager can be any responsible adult, such as a parent or guardian of the child.
If you want to buy a share for a child who is not yet born, you can do so. However, GiveAShare cannot fully register the share until the baby is born and has a name. In the meantime, GiveAShare can fulfill the first part of the order using a placeholder name.
Are there any fees?
In addition to the share price, you pay fees to GiveAShare for legal registration of the shares, the share certificate, framing and other packaging options.
- GiveAShare Fee: $39 (higher priced stocks may incur a higher fee)
- Personalized share certificate: $5
- Paper holder frame: $3
If you choose premium packaging options, additional fees apply. For example, gift wrapping costs an additional $5 and a premium frame can cost up to $46 more.
Because the value of company stocks is constantly fluctuating, GiveAShare updates its prices every week unless there is a significant price change in a particular stock.
How does GiveAShare compare?
Stockpile works differently than GiveAShare. Instead of buying actual stocks, you purchase gift cards that the recipient can exchange for stocks. And unlike GiveAShare, Stockpile is a true, self-directed online brokerage firm.
So you can choose from thousands of stocks and exchange-traded funds (ETFs), as well as dozens of cryptocurrencies. While there are no fees, the recipient must open a Stockpile account and pay an ongoing monthly account fee of $4.95 to keep the stocks in their Stockpile account. This might put some people off.
Unique Stock Gifts offers a similar service to GiveAShare in that they offer individual stocks as gifts. As with GiveAShare, you have the option to personalize your order with high-quality frames and gift wrapping. You can also pay extra for express shipping. Unique Stock Gifts offers over 190 stocks; however, be aware of transfer fees as these can vary greatly depending on the stock purchased.
How do I open an account?
You can get started with GiveAShare by registering a new account on the website. On the homepage, select “Sign Up” at the top of the page. From there, select “Register New Account.” You will then be asked to provide your first and last name, email address, phone number, and create a password.
Once your account has been activated, you can browse the GiveAShares stock list. Once you have selected the stocks you want to give away, you can add them to your shopping cart. The checkout process is similar to any other online store.
Is it safe and secure?
Yes, GiveAShare is a safe company. It has been in business since 2002 and its store has received 4.9 out of 5 stars on Google Reviews and an A+ rating with the Better Business Bureau. It is important to note that GiveAShare is not an investment advisor or broker. It is simply an online retailer that facilitates the purchase of stocks.
How do I contact GiveAShare?
You can contact GiveAShare using the contact form on the website or by calling 1 (480)-621-6657. Business hours are as follows: June through August, Monday through Friday, 9:00 a.m. to 3:00 p.m. (MST) and September through May, Monday through Friday, 9:00 a.m. to 4:00 p.m. (MST). The company's mailing address is 2537 E. Via Del Arboles
Gilbert AZ 85298.
Is it worth it?
GiveAShare is perhaps the easiest way to give a child, adult family member or friend a single share of stock. It's a gift that can increase in value over time. And you don't have to deal with the complexity of opening a brokerage account.
However, keep in mind that you will be paying a significant premium over the actual market price of the stock. This includes GiveAShares fees, the cost of legally registering the stock, and other fees for shipping, creating a duplicate certificate, and wrapping the stock as a gift (e.g., framing, wrapping paper, etc.).
If your recipient appreciates such a gift, you will probably think it is worth the price.
Check out GiveAShare here >>
GiveAShare Features
Number of available shares |
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Personalized display certificates are shipped within 2 days |
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2537 E. Via Del Arboles, Gilbert AZ 85298 |
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Customer service number |
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