| Online Trades |
1-3,000 shares |
$9.00 |
| 3,001+ |
$9.00 plus $.02 per share over 3,000 shares |
|
| Broker-Assisted Trades |
|
$24.95 plus $0.03 per share |
|
| Options Trades |
Online Trades |
$30.00 plus $1.75 per contract |
| Broker-Assisted Trades |
$40.00 plus $1.75 per contract |
|
Penny Stocks
(less than
$1.00/share) |
Online Trades |
3% of the total trade value, with an overriding minimum of $19.95 per trade |
| Broker-Assisted Trades |
$24.95 plus 3% of the total trade value |
|
| Mutual Funds |
No Load** |
$50.00 per transaction |
| No Load without transaction fee** |
n/a |
| Load Fund |
No transaction fee, load applies |
| **No Load funds must be held for 90 days or a 1% fee will apply. |
|
| Individual Retirement Accounts |
IRA Custodial Fee |
$35.00 per year |
| IRA Closing Fee |
$75.00 |
|
| Margin Interest Rates |
Net Debit Balance |
Surcharge Over Broker’s Call Rate |
| $0 to $24,999 |
3.75% |
| $25,000 to $49,999 |
3.50% |
| $50,000 to $99,999 |
3.00% |
| $100,000 to $249,999 |
2.75% |
| $250,000 to $999,999 |
2.50% |
| $1,000,000 and over |
1.00% |
| Note: If a deficit occurs in a cash account, WRH+Co will charge interest based on the criteria set forth until funds have been received. |
|
Corporate and
U.S. Government Bonds(Broker-Assisted) |
To invest in fixed income securities, call (610) 725-1150 or toll-free (800) 673-6476. |
| Less than 25 bonds |
$25.00 flat fee + $2.00 per bond |
| 25 bonds or greater |
$25.00 flat fee + $1.75 per bond |
|
| Restricted Stock |
Processing fee |
$100.00 per security |
|
| Miscellaneous Fees |
Late Payment |
$15.00 |
| Returned Check |
$25.00 |
| Duplicate Statements and Confirms |
$10.00 |
| Transfer of Securities into name other than name on Account (per issue) |
$60.00 |
| DTC Transfer of Securities (per occurrence) |
$60.00 |
| Account Transfer – Out |
$75.00 |
| Transfer and Shipping of a Physical Certificate |
$60.00 |
| Overnight Check Fee |
$15.00 |
| Wire Transfer | $15.00 |
| Foreign Exchange Fee |
0.50% per transaction |
| Foreign and Physical Securities |
$2.00 per position per month |
| Foreign Securities Processing Fee |
$75.00 per item |
| Annual Safekeeping |
No fee with one transaction per year; otherwise, $25.00 per year. |
|
| * | Fees, commissions, and charges may be changed at any time upon notice to you. |
| | Short positions that incur negative rebates will be charged on a monthly basis. |
| | Commissions and Fees for trades conducted through our full service brokers may be different than those listed above. Please consult your Account Representative for further details. |
| | Corporate stock plan trades are not subject to this fee schedule, please consult your stockplan administrator for details. |
|
| Note: In certain transactions of securities in which WR Hambrecht + Co makes a market, a mark-up or mark-down may be charged. |
