Hi,
Thank you for your suggestion and for sharing your thoughts about the DRS. You’re right that DRS is an important topic for some investors who want to hold securities directly in their own name with the issuer’s transfer agent rather than through a broker. However, this process is very unusual at online brokers.
Most brokers hold clients’ securities in street name, meaning the shares are registered under the broker’s or their clearing firm’s name, while the client is recorded as the beneficial owner. This setup allows for faster, more efficient trading and settlement. In contrast, DRS transactions and reverse transfers are slower, more manual and often require coordination with the issuer’s transfer agent.
Because DRS handling is not part of the standard brokerage process, very few brokers actively support it and even fewer offer streamlined DRS or reverse DRS transfers. For that reason, it’s currently not a standard metric in our broker comparisons.
Still, we appreciate your feedback and the reference to the interview — we’ll keep your suggestion in mind as we continue improving our reviews.
Best regards,
Andris