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Fees & Commissions

Online Commission Schedule

Equities (Listed / OTC)

Stocks $1 and above per share
$19.95 flat rate up to 1,000 shares; Additional $0.02 per share for trades over 1,000 shares.*
Stocks under $1 per share
2.5% of principal amount; $19.95 minimum.
 
* The rate applies to market orders only. Add $0.01 per share for all other types of orders.

Mutual Funds

Mutual Funds (Load)
Shares may be purchased at offering price and sold at net asset value (NAV).
No-Load Mutual Funds
$19.95 per transaction; $15 per exchange within a fund family; Core money market funds: no fee.
Minimum investment
Retirement accounts $1,000.
Other accounts $2,000
Options
$29.95 per trade, plus $2.00 per contract.
Additional Fees
A $2.95 handling charge per transaction. Other applicable and SEC fees also apply to your electronic transactions.

Assisted Trades Commission

Equities

$0 to $2,500
$29.50 + 1.70% of principal
$2,501 to $6,000
$55.50 + 0.66% of principal
$6,001 to $22,000
$75.50 + 0.34% of principal
$22,001 to $50,000
$99.50 + 0.22% of principal
$50,001 to $500,000
$154.50 + 0.11% of principal
$500,001 and over
$254.50 + 0.09% of principal
For stocks less than $1.00 a share
3% of the principal amount; $38 minimum.
Orders of 5000 shares or more & over $250,000
May be eligible for special handling and pricing orders.

Mutual Funds

Mutual Funds (Load)
Shares may be purchased at offering price and sold at net asset value (NAV).
No-Load Mutual Funds
In addition to fees charges by the Fund Company, $50 per transaction; $25 per exchange within same fund family.

Options

Fewer than 30 contracts
1st contract $54.95; each additional contract $2.25
30 or more contracts
1st contract $54.95; each additional contract $2.00.

Fixed Income

Government Securities, Corporate Bonds
Minimum $50 per transaction;
Less than or equal to 25 Bonds: $36 + $4 per bond;
26 Bonds or more: $136 + $3 per bond for each additional bond over 25 bonds.
Treasury Auction Orders
$100 per transaction.
Money Market Instruments / CDs
$30 per transaction.
 
Note: UCB Investment Services, Inc. acts as agent on these products.
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Account Service Fees

Clerical Charges
$30 per hour ($30 minimum)
Duplicate Confirmation & Statement
$2.50 per copy
Full Account Transfer
$75
Manual Account Transfer
$25
Handling Charges (per transaction)
$2.95
International equities settlement/clearance (exclude Canadian)
$95
International fixed-income settlement/clearance
$65
Legal Items (re-registration, accommodation transfer)
$15
Legal Returns: charged when certificates are returned to a customer due to a "not in good order" status that is in effect for more than 45 days
$50
Legal Transfers: charged when a transfer requiring legal documentation is completed
$25
Mailgrams
$6
Order of Physical Security Certificate
$30
Returned Check
$25
Stop Payments
$20
Trade and Margin Extensions
$50
Voluntary Reorganization
$30
Mandatory Reorganization
$75
Annual custody fee for inactive accounts (account without activities within the previous 12 months. Accounts with balance of $50,000 or more are exempt)
$30
Brokerage Access Asset Management Account (with check & Visa Classic debit card)*
$75
        *Minimum initial investment
$5000
Retirement Account (IRA, SEP IRA & Keogh)
Maintenance: $35; Liquidation: $95
Wire Transfer
$20

Margin Interest Rates

$0 - $9,999
Broker call rate + 2%
$10,000 - $24,999
Broker call rate + 1.5%
$25,000 - $49,999
Broker call rate + 1%
$50,000 and over
Broker call rate + 0.5%
Minimum equity for margin account
$10,000
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Commissions, Rates and Fees are subject to change without notice