facebookMy aunty age 75 wanted to sell Flex Ltd US share. Her broker already closed many years ago. What should do we do? - Seedly

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Anonymous

06 Mar 2021

General Investing

My aunty age 75 wanted to sell Flex Ltd US share. Her broker already closed many years ago. What should do we do?

My aunty age 75 wanted to sell Flex Ltd US share. Her broker already closed many years ago.

How do we do?

Discussion (2)

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PolicyWoke

06 Mar 2021

Turbo-charge Your Savings with REPs at PolicyWoke

Hi Anonymous,

We know of an investment advisor of a local broker who may be able to advise your aunt on the steps she could do to find her shares.

If you would like to link up with with the investment advisor, contact us via our website or Facebook page.

Disclaimer: PolicyWoke is a 2nd-hand endowment policies broker

Bullythebear

06 Mar 2021

Tutor at Self employed

Since it's US shares, I supposed it's under a custodian account? A broker is a person (thus cannot be closed) while a brokerage is a company. Do you mean the company had closed down while the brokerage remains? If so, then you can still sell the shares using the same brokerage. If the brokerage is closed, then likely it'll have sent you letters telling you who had taken over the account or what to do.

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