While there may be many reasons why a shareholder’s account becomes inactive, or lapsed, a company has a strong interest in helping shareholders update those accounts and recover their assets. LINK Shareholder Services, LLC (LINK) is pleased to offer its Ownership Location Program, which is offered exclusively to our transfer agent clients. By helping reunite shareholders with their assets, a company can avoid the costly and administrative escheatment compliance process. At the same time, a company can demonstrate that it values its shareholders and will work to protect their interests.
LINK work proactively with companies to prevent shareholders’ assets from reaching the point at which they are considered “abandoned” and subject to state escheatment mandates. In doing so, we not only help you better serve your shareholders, but we also help you avoid the high costs of escheatment compliance and reporting.
We offer our ownership search service at no additional cost. As your partner, we recognize the importance of shareholder location, and we are here to help you succeed. This is yet another way that our attention to detail and strong sense of partnership set us apart from our competitors.
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