COMMISSION AND FEE SCHEDULES
| Fee Description | Amount |
|---|---|
|
Standard Brokerage Account
No fee for standard account
|
N/A |
|
Premiere Access
Annual Fee For Premiere Access Account
|
$100.00 |
|
Brokerage Portfolio with Platinum Card
Annual fee for a Brokerage Portfolio Account with Platinum Visa with Rewards Debit Card
|
$150.00 |
|
Select Access
Annual fee for Select Access Account with Debit Cards (Select Access is $10 per year with checkbook feature only)
|
$50.00 |
|
Wire Fee
Charged when funds are wired out of a clients NFS account
|
$15.00 |
|
Prospectus Delivery Fee
Charged to registered representative on the account when applicable. i.e. new
issue purchases
|
2.00 |
|
Full TOA Delivery Fee
Charged when an account requests a full transfer leaving NFS
|
25.00 |
|
IRA Annual Maintenance Fee
Annual fee on IRA accounts. (Client billed in Oct and acct debited in Dec)
|
75.00 |
|
IRA Termination Fee
Charged when an IRA account is closed due to a full distribution or is requesting a transfer leaving NFS
|
25.00 |
|
Trade Extension Fee
Charged when an account requests a Reg-T extension
|
$5.00 |
|
Annual Custody and Record Keeping Fee
Charged when an account has been deemed inactive for a year by NFS.
|
$65.00 |
|
Bounced Check Fee
Charged when a check deposited into an account bounces
|
$30.00 |
|
Legal Transfer Fee
Charged when a stock certificate has been deposited and requires legal documentation (any paperwork submitted other than a stock bond power)
|
$90.00 |
|
Transfer and Ship Fee (DRS Eligible)
Charge for sending a DRS Statement for a DRS eligible security
|
$15.00 |
|
Transfer and Ship Fee (non-DRS Eligible)
Charge for sending a physical certificate for a non-DRS eligible security
|
$220.00 |
|
Mailgram Fee
Charged when a mailgram is sent to the client. Mailgrams are sent by NFS for margin calls, debits, etc.
|
$10.00 |
|
Stop Payment Fee
Charged when a stop payment is requested on an outgoing check
|
$15.00 |
|
Physical Reorg Fee
Charged when a stock certificate is deposited after the action date on a mandatory reorg item
|
$25.00 |
|
Legal Return Fee
Charged when a stock certificate has been returned to client due to [not in good order] status for more than 45 days or at the clients request
|
$60.00 |
|
Restricted Stock Transactions (Full Service)
Charged when NFS coordinates legal review and opens windows to sell restricted stock
|
$150.00 |
|
Restricted Stock Transactions (Sell w/o Approval)
Charged when NFS sends shares to the transfer agent
|
$40.00 |
|
Safekeeping Fee
Charged when a position is held in type 4 or 5
|
$5.00 |
|
Copies of Brokerage Access or Portfolio Checks
Charged when a copy of a cashed check is requested
|
$5.00 |
|
Trade Fee (If executed through NFS Alt Inv Dept)
Charged when an alternative investment position is purchased or sold in an NFS account. ***Note: This fee cannot be passed through to client and will be charged to the rep.
|
$60.00 |
|
Transfer/Re-registration Fee
Charged when an Alternative Investment position is transferred into NFS
|
$50.00 |
|
Annual Custody Fee
Annual fee charged per Alternative Investment position
|
$50.00 |
|
Document Review Fee
Charged when an Alternative Investment position is requested to be added to the NFS platform. This fee is charged regardless of the outcome.
|
$125.00 |
|
Direct Sponsor Costs
Charged by the Sponsor of the Alternative Investment for transfer and/or re-registration. This cost is a direct pass through.
|
Varies |