Pershing CMAP Ticket Charges

Non-electronic Trades

Maximum Product Level Fees

  Fee Amount     
Product Fee Type Electronic Non-electronic Frequency Included in WealthPort Program Fee
Stocks, Exchange Traded Funds (ETF)1
International Surcharge/foreign receive and delivery fees2 $50-$75 $50-$75 Per International Security  
Purchase Fee $19.00 $19.00 Per Transaction  
Penny Stock (Low Priced Speculative Securities not traded on an exchange under $5.00) $74.00 $74.00 Per Transaction Not allowed on the WealthPort® Program Fee
Redemption Fee $19.00 $19.00 Per Transaction  
Post Settlement Correction Fee $5.00 $5.00 Per Transaction  
         
Mutual Funds    
Periodic Investments Purchase Fee $0.50 $0.50 Per Transaction  
Exchange/Concession Fee $0-$19 $0-$19 Per Transaction  
No Transaction Fee (NTF) Mutual Funds3 $0.00 $2.00 Per Transaction  
Purchase Fee $0-$19 $0-$19 Per Transaction  
Redemption Fee $0-$19 $0-$19 Per Transaction  
Post Settlement Correction Fee $5.00 $5.00 Per Transaction  
Systematic Withdrawal Redemption Fee $0.50 $0.50 Per Transaction  
Fund Family Surcharge Fee for Purchase or Redemption for following funds: $5.00 $5.00 Per Transaction  
         
Options        
Purchase Fee $19 + $2 Per Contract $19 + $2 Per Contract Per Transaction  
Redemption Fee $19 + $2 Per Contract $19 + $2 Per Contract Per Transaction  
Post Settlement Correction Fee $5.00 $5.00 Per Transaction  
         
Fixed Income - Corporates, Municipals, Governments, Treasuries, Certificates of Deposit, CMOs, Mortgage-backed Securities, etc.    
Clearing Charge - Agency Trades $30.00 $30.00 Per Transaction  
Clearing Charge - Principal Trades $39.00 $39.00 Per Transaction  
Post Settlement Correction Fee $5.00 $5.00 Per Transaction  
         
Unit Investment Trusts (UITs)
Purchase Fee $30-$39 $30-$39 Per Transaction  
Redemption Fee $30-$39 $30-$39 Per Transaction  
Post Settlement Correction Fee $5.00 $5.00 Per Transaction  
         
Precious Metals    
Purchase Fee $45.00 $45.00 Per Transaction  
Redemption Fee $45.00 $45.00 Per Transaction  
Post Settlement Correction Fee $5.00 $5.00 Per Transaction  
         
Alternative Investments (Defaults to Client)    
Purchase Fee $50.00 $50.00 Per Purchase  
Redemption Fee $50.00 $50.00 Per Redemption  
         
Miscellaneous Fee    
Commission Account Service charge $3.50 $3.50 Per Trade Not Applicable for WealthPort Accounts

1Listed stock and ETFs (i.e. stock and ETF orders greater than 4999 shares) may incur a half-a-cent per share charge, which if incurred, will be charged to the advisor.

2This fee may be charged on securities held in safekeeping, cleared, and/or settled by a foreign entity.

3Size restrictions on NTF fund purchases may apply. Additional charges may apply.