History
Illinois Stock Transfer Company was founded by Samuel Insull who pioneered the expansion of the electric utility services in the early 1900’s. Initially, the company handled only utilities, but today, all types of businesses and industries are clients of IST. After many years of ownership and management by Mr. Insull, the company was acquired by Middle West Service Co. In 1974, George D. Pearson purchased the company after managing it since 1968. Today, George’s son, Robert Pearson is the owner and day to day manager of the company.
Shareholder and client satisfaction is the most important goal of the Illinois Stock Transfer Company.
Services
Services performed include acting as transfer agent for common and preferred stock, shareholder recordkeeping, disbursing cash dividends including ACH payments, processing dividend reinvestment plans, providing annual meeting services including street distribution, proxy imprinting, mailing and tabulation including telephone and Internet voting and processing different types of reorganization activities such as cash exchange transactions, stock exchanges and tender offers.
Our clients range in size from 35,000 registered shareholders to as few as 10 registered shareholders. The clients are listed on the New York Stock Exchange, the American Stock Exchange, the various NASDAQ Markets, as well as privately held firms.
IST has the experience of converting many different types of shareholder recordkeeping systems and coordinating the transition of your records.
The most important factor that differentiates us from the competition is the personalized service to each of our customers and their shareholders. We expect each client will have special needs and requirements and, therefore, we do not have a set policy for our clients. Instead, we design and build tailor-made procedures and programs to meet your special needs.
We are a unique organization where all endeavors are dedicated entirely to stock transfer work and all it encompasses. Our belief is that the quality of our product is the finest in the industry. We further believe that we can serve your needs better than any other transfer agent while offering a competitive price.
Lastly, our President and CEO, Bob Pearson is involved in the day to day activities, ensuring the quality that is evident in the attached Stockholder Consulting "Talon Award" results in which IST has had the highest rating in 2007 and 2008 and in a total of five in the past eight years. Bob is available to clients at all times.