Get a Medallion Signature Guarantee

When transferring shares of stock or mutual funds from one account or entity to another, it is necessary to receive a medallion signature guarantee. This is a process that brokerage houses use to transfer the assets between accounts with different owners. The medallion signature guarantee is similar to a notary in several ways.

Where to get a Medallion Signature Guarantee

Your brokerage house or bank should be able to perform this for you. They should also do it for free. It only takes a few minutes, but it must be done in person. You will need several forms of identification to prove your identity. All account owners must be present to sign the document.

What is the Difference Between a Signature Guarantee and a Notary Public

A notary public only verifies that your identification matches you and that you signed a document of your own free will. A signature guarantee does this and also verifies your signature. A signature guarantee is a more stringent seal of approval than a notarization.