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Fidelity Institutional® Ancillary Charges

For CMAP accounts, the ancillary fees must be charged directly to the client's account and not covered by the financial professional.

Account and Service Charges

As of October 2024

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Account or Service Fee Amount Frequency Included in WealthPort® Program Fee
Cost basis* $0.82 Per statement X
Cost basis – detailed* $1.07 Per statement X
Custody and recordkeeping fee (retail inactivity fee)** $35.00 Annual  
HSA annual maintenance fee $35.00 Annual X
HSA liquidation fee $25.00 Full account liquidation X
Legal transfer fee** $150.00 Per position  
Outgoing transfer fee – retail accounts ** $125.00 Per outgoing transfer  
Paper statement surcharge ** $1.00 Per statement X
Paper trade confirmation surcharge** $1.00 Per trade confirmation X
Return of legal item** $75.00 Per item returned  
UBTI tax filing fee** $300.00 Annual  
 
Retirement Account Fees
IRA maintenance fee** $35.00 Annual X
Termination fee** $160.00 ($125.00 termination fee + $35.00 maintenance fee) Upon closure of the account  
 
Cash Management Services
Select and Premier Access
Select Access (ACH direct deposit and bill pay) $10.00 Annual  
Select Access (ACH direct deposit, bill pay, and checkwriting) $15.00 Annual  
Select Access (ACH direct deposit, bill pay, and debit card) $15.00 Annual  
Select Access (ACH direct deposit, bill pay, checkwriting, and debit card) $20.00 Annual  
Premier Access $100.00 Annual  
 
Debit Card
Select Access in network ATM fee $1.00 Per transaction  
Premier Access in network ATM fee No charge    
Select Access/Premier Access out of network ATM fee Varies based on ATM Per transaction  
Premier Access metal card upgrade $10.00 Annual  
 
Bill Pay
Unlimited Bill Pay No charge    
Bill Pay Insufficient Funds $20.00 Per event, per investor  
Bill Pay Check Photocopy $20.00 Per check  
 
Misc.
Select Access personal checkbook reorder No charge    
Select Access deposit slip order No charge    
Select Access/Premier Access stop payment fee $10.00 Per stop payment  
Select Access/Premier Access returned check fee $15.00 Per returned check  
Select Access/Premier Access style 38 checkbook reorder – includes 500 checks and 90 deposit slips $55.00 Per reorder  
Select Access/Premier Access check copy request $2.50 Per check copy requested  
 
Other Check Management Services
Check request      
Overnight courier fee** $13.00 Per overnight request  
Overnight Saturday delivery fee** Varies by delivery address Per overnight request  
Mailgrams** $5.00 Per mailgram  
Margin extension** $20.00 Per extension  
Returned EFT fee No charge    
Returned check fee – retail account** $15.00 Per returned check  
Returned check fee – retirement account** No charge    
Stop payment/stop check fee – retail account** $20.00 Per stop payment  
Stop payment/stop check fee – retirement account** No charge    
Wire transfer** $15.00 Per wire request  
 
Investment Specific
Alternative investment holding fee for registered positions** $35.00 for registered positions Annual – per position, maximum of $500.00  
Alternative investment holding fee for non-registered positions** $125.00 for non-registered positions Annual – per position, maximum of $500.00  
Alternative investment document review (due diligence)** $100.00 Per review  
Alternative investment purchase, redemption, or re-registration fee** $50.00 Per purchase, redemption, or re-registration  
Equity dividend reinvestment No charge    
Physical reorganization** $150.00 Per reorganization  
Restricted stock – returned security priced at $1.00 or less** $11.00 Per returned security  
Restricted stock – service request (legend removal, gifting, re-registration)** $150.00 Per service request  
Restricted stock – unauthorized sale penalty** $40.00 Per unauthorized sale  
Safekeeping fee** $15.00 Per position per month  
Transfer and ship – only available on non-DRS eligible securities (DTC transfer or physical certificate request) $500.00 Per request  
Transfer and ship DRS eligible securities (outgoing statement sent to transfer agent)** $15.00 Per request  
Transfer and ship DRS eligible securities (incoming statement sent to transfer agent) $15.00 Per request  
Voluntary reorganization** $20.00 Per reorganization  
 
Securities and Exchange Commission Fee Rate (Effective May 22, 2024)
SEC Section 31 $22.80 per $1 million for covered sales Per transaction  

Asterisks show who the charges defaults to and who can pick up the charge:
*Defaults to the financial professional.
**Defaults to the client, but the financial professional may choose to reimburse.
***Client charge only.

Note: If an account does not have sufficient funds (or cash) to cover ancillary fees, the fees are subject to be allocated to the financial professional for any account regardless of the account program type.