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- Pershing Fee Schedule - Client Fees
Customer Fees | Price | Unit |
| Mutual Fund Exchanges (Includes Confirm Fee) | $5.00 | per Exchange |
| Confirmation Processing Fee | $6.00 | per Confirm |
| Paper Delivery Surcharge (No Charge for E-Delivery) | $2.50 | per Event |
| Margin Extensions | $20.00 | per Event |
| Wired Funds | $25.00 | per Transfer |
| Checking Stop Payment | $30.00 | per Event |
| Annual Custodial Maintenance Fee (IRA, Roth IRA, Education IRA, 5305 SEP) | $50.00 | |
| Annual Custodial Maintenance Fee (Traditional IRAs, Roth IRAs - Mutual Fund Only) | $12.00 | |
| Annual Custodial Maintenance Fee (403(b)(7), Prototype SEP, SIMPLE) | $75.00 | |
Annual Custodial Maintenance Fee (Qualified Retirement Plans) | $75.00 / $125.00 | |
| Roth IRA Conversion | $25.00 | |
| All Retirement Accounts - Termination Fee | $95.00 | per Event |
| Inactivity Account Custody Fee (mixed positions)** | $35.00 | |
| Inactivity Account Custody Fee (mutual funds)** | $22.50 | |
| Tax Lot Accounting (Paper Delivery)(Automatic for non‐IRA accts. exceeding $25,000) | $24.00 | per Year |
| Tax Lot Accounting (Online) | Free | per Year |
| Alternative Investment Annual Service Charge | $50.00 | per Year |
| UnregisteredAlternative Investment Annual Service Charge | $125.00 | per Year |
| Performance Reporting | $36.00 | per Year |
| Outgoing Account Transfers | $100.00 | per Transfer |
| Transfer (Register & Ship) Equities/Bonds | $65.00 | per Transfer |
| Bond Redemption / Call Fee | $20.00 | per Event |
| Foreign Receive and Delivery Fee (Euroclear) | $50.00 | per Item |
| Foreign Receive and Delivery Fee (Other Foreign Securities) | $80.00 | per Item |
| Foreign Securities Safekeeping | $5.00 | per Acc, Per Position, Per Month |
| Customer Securities Safekeeping | $12.00 | per Acc, Per Position, Per Month |
| Mandatory Reorganization Activity - In Account | $20.00 | per Event |
| Mandatory Reorganization Activity - Physical | $25.00 | per Event |
| Voluntary Reorganization Activity | $55.00 | per Event |
| Legal Transfer | $150.00 | per Transfer |
| LP - Subscription Fee | $50.00 | per Purchase |
| LP - Redemption Fee | $50.00 | per Position |
| LP - Re-registration Fee | $50.00 | per Position |
| LP - Annual Administration Fee | $50.00 | per Position |
| LD - Document Review Fee to Determine Ability to Custody | $100.00 | per Review, regardless of outcome |
| Puerto Rico Tax Reporting Fee | $75.00 | per Year |
| IRS 990-T UBTI Tax Return Filing | $200.00 | per Return filed |
| Asset Management Accounts (Corestone) | ||
| Silver Account | $25.00 | per Year |
| Silver Plus Account | $75.00 | per Year |
| Gold Account | $125.00 | per Year |
| Platinum Account | $175.00 | per Year |
| Corporate Gold Account | $175.00 | per Year |
| Corporate Platinum Account | $275.00 | per Year |
| Returned Checks | $30.00 | per Event |
| Stopped Payments | $30.00 | per Event |
| Check Re-Order (Non-Corporate) | $25.00 | per Event |
| Margin Debit Schedule | ||
| $0 to $9,999 | 3.00% above PBLR | |
| $10,000 to $29,999 | 2.50% above PBLR | |
| $30,000 to $49,999 | 2.00% above PBLR | |
| $50,000+ | 1.50% above PBLR | |
| Advisor Managed Accounts (ANG) Clearing Fees* | ||
| Equities and Exchange Traded Funds | $15 | per transaction |
| Options | $15 | per transaction + $1 per contract |
| Options Excercise and Assignment | $35 | per transaction |
| Fixed Income Securities | $25 | per transaction |
| Load and No Load Mutual Funds | $15 | per transaction |
| Unit Investment Trusts | $35 | per transaction |
*These charges are in addition to your agreed upon advisory fee.
**An inactive account is defined as an account holding a security position for a calender year (Jan. 1-Dec. 31) without generating a trade, or free credit/margin interest of $100 or more. Systematic reinvestment activity in Mutual Funds (SYS system) and/or exchange activity in mutual funds (FundServ) will be considered as a trade. However, dividend reinvestment activity is not considered as a trade.
See Also
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