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Account Fees
Fee Schedule Effective January 1, 2021*
Account Access and Market Data Fee | $10 per month |
DK Items | $20.00 per item |
DK Items on DVP Trades | $25 per item plus interest (FFR+5%) |
Domestic Voluntary Corp Actions/ Reorganization | $50 per cusip per account |
DRS Transaction | $75 per security |
DTC Free Deliveries | $2 per security |
DWAC | $75 per event |
DWAC/DRS Reject | $125 per security |
Electronic delivery of confirms/statement/tax doc | no charge |
Electronic to physical certificate conversion | $900 per security |
Escheatment Processing | $75.00 per account |
Foreign Security Free Deliveries/Receives | $50 per movement |
In-Bound ACATSs | no charge |
Out-bound ACATs | $75 per ACAT |
In-coming Wire Fees | no charge |
International Voluntary Corp Action/Reorganization | $100 per cusip per account |
Involuntary Reorgs | No charge |
Lost Certificate Replacement | 3% of certificate value ($250.00 minimum) |
Low Priced Securities | $0.0002/shr with 5% notional trade value max. |
Margin Extensions | $25 per event |
Margin Sell out Fee | $25 per ticket |
Margin Rates** | < $25,000 - FFR+700 bps |
$25,001 - $100,000 - | FFR+600 bps |
$100,001 - $250,000 | FFR+500 bps |
$250,001 - $1 million | FFR+400 bps |
$1 million - $5 million | FFR+300 bps |
$5 million and above | FFR+200 bps |
Non-transferable stock held | $10 per month per stock |
NSCC Illiquidity Fee | $250 per trade plus 15% interest/annum on NSCC charge |
Option Exercise/Assignment | $5 per symbol per account |
Out-going Wire Fees - Domestic | $20 per wire |
Out-going Wire Fees – International | $30 per wire |
Overnight mail | as incurred pass thru |
Paper check Draft (USD) | $5 per check |
Stop payments on Issued Checks | $30 per check |
Check Copies | $15 each |
Returned Checks/ACH Wires Recalls including Amendments | $30 per transaction |
ACH Notice of Correction | $5 per notice |
Confirmations | $2 per confirm |
Statements | $5 per statement |
Paper Prospectus Mailing | $2.50 per mailing |
TOD Account Transfer Fee | $200 per transfer |
Physical security deposits | not permitted / $500 if exception made |
Physical Trade Settlement – not always known upfront | $300 per security |
Postage for Paper confirms | $2 per daily confirm |
Postage for Paper statements, tax docs | $5 per item |
Reg 144 Sales | fees will vary. Need to confirm in advance |
Reorg Physical Processing Fee | $125 plus transfer agent fees |
Reorg Wire (UDS) | $20 per item |
Reorg Wire (International) | $30 per item |
Restricted Transfers | $465 per security |
Retirement Accounts | $30 annual maintenance - $60 termination |
Returned Mail | $2 per item |
Safe Keeping – certificates | $5 per month per account per cusip |
Short Buy-in Fee | $25 per ticket |
Standard Legal Transfers | $150 per security |
Stock Borrow Fee | Fee set by market - pass thru as incurred |
Trade Corrections | $10 per item |
***ALL FEES ARE SUBJECT TO CHANGE WITHOUT NOTICE