Account and Service Charges
| Account or Service | Fee Amount | Frequency | Included in WealthPort® Program Fee |
|---|---|---|---|
| Inactivity fee – accounts with mutual funds only (retail accounts custodial fee)** | $17.50 | Annual | |
| Inactivity fee – standard (retail accounts and custodial fee)** | $35.00 | Annual | |
| Paper Subscription Fee (Fee for the paper delivery of documents such as statements, trade confirmation, prospectus, and other notifications and letters) | $2.00 | Per month | Fee does not apply to CAAP and UMA accounts. |
| Paper Tax Document Fee | $10.00 | Annual | Fee does not apply to CAAP®1 and UMA accounts. |
| 529 annual maintenance fee (pass through from American Funds)*** | $10.00 | Annual | |
| 529 set up fee (pass through from American Funds)*** | $10.00 | One time | |
| 529 transfer fee | $95.00 | Per 529 transfer | |
| DRS transfer** | $10.00 | Per DRS transfer | |
| Legal transfer fee/GNMA bond transfer** | $135.00 | Per transfer | |
| Outgoing transfer fee – retail accounts** | $125.00 | Per transfer | |
| UBTI tax filing fee** | $200.00 | Annual | |
| Year-end account report** | $3.00 plus postage/handling | Annual | |
| Retirement Account Fees | |||
| 403(b)(7), SIMPLE IRA Plan, Prototype SEP IRA maintenance fee** | $58.50 | Due at account set up and annually thereafter | X |
| Conversion from regular IRA to mutual fund only IRA** | $50.00 | Per conversion | |
| IRA maintenance fee – mutual fund only IRA** | $12.50 | Annual | X |
| IRA, Roth IRA, 5305-SEP, and Education IRA maintenance fee** | $43.50 | Annual | X |
| Pershing Individual 401(k), Simplified 401(k), Simplified Profit Sharing, and Simplified Money Purchase Plan maintenance fee** | $75.00 | Due at account set up and annually thereafter | X |
| Qualified Retirement Plans (QRPs) – Pershing Flexible is 401(k), Flexible Profit Sharing and Flexible Money Purchase Plan maintenance fee** | $125.00 | Due at account set up and annually thereafter | X |
| Termination fee (retirement accounts)** $43.50 annual IRA maintenance fee (termination or maintenance fees will be charged to accounts that are closed on the 7th calendar day to the financial professional) | $143.50 ($100 termination) | Closure of account | |
| Cash Management Services | |||
| ATM/Debit Card | |||
| ATM out-of-network surcharge fee (ATM not on PNC Bank or Allpoint network) | Various | ||
| Cash advance fee (nonATM)** | 0.25% or $2.50 minimum | Per transaction | |
| Corestone Silver | $25.00 | Annual | |
| Corestone Silver Plus** | $50.00 | Annual | |
| Corestone Gold ** | $100.00 | Annual | |
| Corestone Platinum** | $150.00 | Annual | |
| Corestone Gold Corporate** | $150.00 | Annual | |
| Corestone Platinum Corporate** | $250.00 | Annual | |
| Corestone business check – initial order** | $50.00 – One time purchase includes business binder, business register, deposit tickets, and 252 checks | ||
| Corestone carbon copy checks – initial order** | $15.00 | ||
| Corestone carbon copy checks – reorder checks** | $25.00 per reorder | Per reorder | |
| Corestone personal checks – initial order** | No charge | ||
| Corestone personal checks reorder for Silver and Silver Plus** | $12.50 | Per reorder | |
| Corestone personal checks reorder for Gold and Corporate Gold** | $10.00 | Per reorder | |
| Corestone personal checks reorder for Platinum and Corporate Platinum** | $7.50 | Per reorder | |
| Foreign transaction (Visa fee for transactions outside U.S) | 1% of the transaction | Per transaction | |
| Overnight debit card fee** | $25.00 | Per request | |
| Visa paid draft copy** | $2.50 | Per draft copy | |
| Checks | |||
| Corestone business check binder – reorder** | $20.00 | Per reorder | |
| Corestone business check – reorder checks** | $40.00 | Per reorder | |
| Corestone check copy** | $2.50 | Per check copy | |
| Corestone overnight checkbook fee** | $20.00 | Per reorder | |
| Corestone returned check fee** | $25.00 | Per returned check | |
| Corestone stop payment fee** | $25.00 | Per stop payment | |
| IRA resource check copy** | $2.50 | Per check copy | |
| IRA resource checking overnight checkbook fee** | $20.00 | Per overnight reorder | |
| IRA resource checking personal checks – initial order | No charge | Includes deposit tickets and 10 checks | |
| IRA resource checking personal checks – reorder checks | No charge | ||
| IRA resource checking return check fee** | $20.00 | Per returned check | |
| IRA resource checking stop payment fee** | $10.00 | Per stop payment | |
| Other Cash Management Services – Check Request | |||
| Margin extension** | $20.00 | Per extension | |
| Overnight courier fee** | $12.00 or $18.00 on Saturdays | Per request | |
| Returned ACH or check fee** | $20.00 | Per returned item | |
| Stop payment/stop check fee** | $10.00 | Per stopped payment | |
| Wire transfer fee** | $20.00 | Per wire request | |
| Investment Specific | |||
| Alternative investment subscription, redemption, or re-registration fee** | $50.00 | ||
| Employee stock option plan (ESOP)** | $50.00 | ||
| Safekeeping fee** (domestic and foreign) per position | $2.00 | Per month | |
| Special products fee (alternative investment fee)*** | $125.00 for non-registered positions | Annual | |
| Special products fee (alternative investment fee)*** | $35.00 for registered positions | Annual | X |
| Transfer agent fee for processing physical securities** | Varies by transfer agent | Per stock deposit | |
| Transfer and ship – DRS eligible securities (incoming statement sent to transfer agent) | *Computershare, Wells Fargo, and Registar and transfer Company = $15.00 ***American National Stock (AST) = $10.00 | ||
| Transfer and ship – DRS eligible securities (outgoing statement sent to transfer agent)** | $15.00 | ||
| Voluntary reorganization** | $25.00 | Per reorganization | |
| European Economic Area Specific (principally, this applies to equity securities with voting rights that are admitted for trading on a regulated market within the European Economic Area (EEA), and whose issuer has a registered office within the EEA.) | |||
| Annual vote instruction – noting | $5.00 | Per event | |
| Euroclear DWAC Processing Fee | $150.00 | Per event – effective May 15, 2025 | |
| General meeting announcements and proxy voting (e-Delivery and investor mailbox) – notification | $0.50 | Per event | |
| General meeting announcements and proxy voting (e-Delivery and investor mailbox) – voting | $2.00 | Per event | |
| General meeting announcements and proxy voting (Proxy Edge) – notification | Up to $2.00 | Per event | |
| General meeting announcements and proxy voting (Proxy Edge) – voting | Up to $2.00 | Per event | |
| Foreign/Regulatory/Disclosure | |||
| Non-U.S. (“Foreign”) Account Fee | $50.00 | Annual – effective May 15, 2025 | |
| Puerto Rico Tax Reporting Fee | $50.00 | Per filing – effective May 15, 2025 | |
| SEC Section 31 | $20.60 per $1 million for covered sales | Per transaction – effective April 4, 2026 | |
| Shareholder disclosure notifications for intermediary accounts – notification | $1.50 | Per event | |
| Vote instruction requiring supplemental information/documentation – voting | $3.00 | Per event | |
| Margin | |||
| The margin rate is based on Pershing’s base lending rate (PBLR). PBLR fluctuates with the PRIME rate | |||
| $0-$9,999 = 2.75 + PBLR | |||
| $10,000 - $29,999 = 2.00 + PBLR | |||
| $30,000 - $49,999 = 1.50 + PBLR | |||
| $50,000 (+) = 0.75 + PBLR | |||
| For questions, contact your financial professional. | |||
Asterisks show who the charges default 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.
1CAAP® is a registered mark of Cambridge Investment Research, Inc. for its program for investment managers.
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.
Charges are subject to change.
Cambridge Investment Research, Inc.
1776 Pleasant Plain Road, Fairfield, IA 52556-8757
Business Development: 877.688.2369
Reception: 800.777.6080
