Skip to content
  • There are no suggestions because the search field is empty.

Sending Shares as a Gift

Goldman Sachs

To send shares to an account held at another firm in the form of a gift, the client will need to send us a notarized Letter of Instruction.

  • The letter of instruction must be signed by all account owners and dated within 60 days.
  • If the gift is $1,000,000.00 or more, the letter of instruction must have a Medallion Signature Guarantee.  


This letter should include the following:

  • The exact number of shares to transfer (we can only transfer whole shares)
  • The security symbol and the name of the company associated to transfer
  • The Goldman Sachs account number
  • The name of the person or entity whose account is receiving the shares
  • The account number that we are sending the shares to
  • The firm that we are sending the shares to (the contra firm)
  • The DTC number of the contra firm
  • The client's name, signature, and proper notarization