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Pershing Ticket Charges

Product Fee TypeFee Amount1FrequencyIncluded in WealthPort Program Fee
Stocks, Exchange Traded Funds (ETF)2
International Surcharge/foreign receive and delivery fees2$50-$75Per International Security 
144A/Reg S Exchange$50.00Per event 
Purchase Fee$0-$19Per TransactionX
Penny Stock (Low Priced Speculative Securities not traded on an exchange under $5.00)$74.00Per TransactionNot allowed on the WealthPort Program
Redemption Fee$19.00Per TransactionX
Post Settlement Correction Fee$5.00Per Transaction 
    
Mutual Funds
Periodic Investments Purchase Fee$0.50Per TransactionX
No Transaction Fee (NTF) Mutual Funds3$0.00Per Transaction 
Purchase Fee$0-$19Per TransactionX
Redemption Fee$0-$19Per TransactionX
Post Settlement Correction Fee$5.00Per Transaction 
Fund Family Surcharge Fee for Purchase or Redemption$10.00Per TransactionX
    
Options    
Purchase Fee$0-$19 + $2 Per ContractPer TransactionX
Redemption Fee$0-$19 + $2 Per ContractPer TransactionX
Post Settlement Correction Fee$5.00Per Transaction 
    
Fixed Income - Corporates, Municipals, Governments, Treasuries, Certificates of Deposit, CMOs, Mortgage-backed Securities, Structured Products, etc.    
Clearing Charge - Agency Trades$30.00Per TransactionX
Clearing Charge - Principal Trades$39.00Per TransactionX
Post Settlement Correction Fee$5.00Per Transaction 
    
Unit Investment Trusts (UITs)    
Purchase Fee$30-$39Per TransactionX
Redemption Fee$30-$39Per TransactionX
Post Settlement Correction Fee$5.00Per Transaction 
    
Precious Metals    
Purchase Fee$45.00Per TransactionX
Redemption Fee$45.00Per TransactionX
Post Settlement Correction Fee$5.00Per Transaction 
    
Alternative Investments (Defaults to Client)
Purchase Fee$50.00Per Purchase 
Redemption Fee$50.00Per Redemption 
    
Miscellaneous Fee    
Commission Account Service Charge$3.50Per TradeNot Applicable for WealthPort Accounts

1 Custom pricing may be available for offices with large trading volumes. Please contact your Cambridge Regional Director for more information.

2 Listed 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. Please contact Cambridge's Trade Desk prior to placing such orders to discuss alternatives.

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