During the last decade or so the
stock transfer agency market has undergone considerable consolidation as
smaller agencies exited the business or were acquired by larger agents. New
technology, changing regulation and increasing competition also whittled the
size of the playing filed into what is now an industry led by a small handful
of vendors.
With healthy competition among the
remaining players, companies seeking out a transfer agent can enjoy an easier
selection process by vetting each agent’s customer service, price options and
track record. Competition is divided into larger and smaller agencies, and what
many small-cap companies discover is that bigger isn’t always better.
Mega transfer agents typically work
with larger companies with hundreds of thousands of shareholders; certainly a
valuable service to behemoth brands. Companies with 50,000 or fewer
shareholders, however, benefit from the cost, personal attention, expertise and
availability of a smaller agent such as Continental Stock Transfer & Trust.
The agent’s award-winning, 50-year history bucks the notion that quality is
compromised when delivered in a smaller package.
Continental offers the fundamentals
and extended offerings you’d expect from a transfer agent that not only
survived but gained strength throughout mass industry consolidation.
The agent offers comprehensive
shareholder recordkeeping, transaction history, shareholder and stock activity
reports, annual meeting management, dividend distribution, as well as
industry-mandated services such as shareholder searches and escheatment. The
agent also offers stock plan administration and services pertaining to
corporate actions and escrow services. Continental has managed hundreds of IPOs
and virtually all special-purpose acquisition companies (SPACs ) brought to
market in the last 20 years.
Continental was founded in 1964 to
fully support smaller to midsize emerging and growth companies with optimal
client responsiveness and uniquely tailored business solutions. The agent has
maintained this vision and commitment to this specific market throughout its
history.
As the fourth-largest agent (again,
among only a handful) in the United States, Continental offers something mega
transfer agents cannot: an approach aptly focused on providing each company
with personal attention from senior staff, flexible offerings and innovative
technology. Annual industry surveys back Continental’s claims, year after year
demonstrating the agent’s stellar track record of superior customer
satisfaction.
For more information, visit
www.continentalstock.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
