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Merrill Lynch Fees Schedule for Self-Directed Account, IRA Rates, Margin Interest Rates, Cash Sweep, Stock Trading Costs, ACAT Fee in 2014



Please note that the following fees and commissions apply only to Merrill Edge self-directed investing accounts. These do not apply to any other Merrill Lynch, Pierce, Fenner & Smith accounts.


Merrill Lynch (Edge) Stocks and ETF Commissions


Online Trades $6.95
Representative-assisted trades $29.95
Automated phone trades
telephone system
$32.50



Merrill Lynch (Edge) Options Commissions


Online trades $6.95 + $0.75 per contract
Representative-assisted trades $29.95 + $0.75 per contract



Merrill Lynch (Edge) Mutual Funds Commissions


Load Waived, No Transaction Fee Funds (NTF) No charge per transaction
No Load, No Transaction Fee Funds (NTF) No charge per transaction
No Load, Transaction Fee Funds (TF) $19.95 per online transaction $29.95 per representative-assisted transaction
NTF Short-Term Redemption Fees
(if held less than 90 days)
$39.95
Load Funds See prospectus for fund's sales charges
No transaction fees
Intra-family exchange No charge



Fixed Income


U.S. Treasury: Bills, Notes, Bonds Price and yield as quoted
Agency: Discount, Notes, Bonds
Zero Coupon Bonds: Corporate, Government, Agency
Municipal Bonds
Corporate Bonds
Brokered Certificates of Deposit



Merrill Lynch (Edge) Margin Rates


Debit Balance Margin Rate
above $10,000,000 4.500%
$5,000,000 - $9,999,999 4.750%
$1,000,000 - $4,999,999 5.250%
$500,000 - $999,999 5.875%
$100,000 - $499,999 6.125%
$25,000 - $99,999 7.500%
under $25,000 8.625%


Cash Management Accounts Fees


CMA Annual Account Fee

None
Minimum Initial Funding Requirement $0
Account Transfer Fee $49.95



Merrill Lynch IRA Fees


Annual Custodial Fee None
Minimum Initial Funding Requirement
$0
Account Transfer & Closeout Fee $49.95



College Investing Fees


NextGen Direct 529
Annual Account Fee None
Minimum Initial Funding Requirement
$25. Initial funding may not be required for certain grant-eligible Maine residents.
All fees and expenses are described in the Program Description
Closeout Fee None
UGMA/UTMA Custodial
Annual Account Fee
None
Minimum Initial Funding Requirement $0
Account Transfer Fee $49.95



Merrill Lynch Business Accounts Fees


WCMA/BIA Account Annual Account Fee None
Minimum Initial Funding Requirement
$0
Account Transfer & Closeout Fee $49.95



Additional Merrill Lynch Fees


Merrill Edge CMA Access Visa card No charge
ATM Transaction Fee

No charge

Some ATM owners/operators may charge a fee for the use of their machines.

Visa International Transaction Fee 2% of the U.S. dollar amount of all transactions occurring outside the U.S. that are submitted to Visa in a currency other than U.S. dollars
Visa cash advance fee (non-ATM) 0.25% of principal ($2.50 minimum)
Checkwriting
No charge
Additional Check Printing No charge
Bill Payment No charge
Cancelled Check Fee $3
Returned Check Fee $30
Stop Payment Fee $25
Returned ACH Debit Fee $30
Partial Account Transfer No charge
Wire Transfer Fee $24.95 Domestic or International
Register & Ship (Delivery Non-Government Security) $500
Government Security Transfer Fee $125
Fund Transfer Services Returns $10
Trade Confirmation Copy Request $3
Overnight Mail (for Mandatory Retirement distributions only) No charge
Return Deposits $20
Overnight Mail Request $25
Bond Coupon Deposit Fee $5
Past Due Exchanges $50
Security Reorganization $30 Voluntary
Paper Statement Request $5 per statement
Fractional share liquidation fee 10% of proceeds from a sale


Please note that fees and commissions apply only to Merrill Edge self-directed investing accounts. These do not apply to any other Merrill Lynch, Pierce, Fenner & Smith accounts.

Please remember there's always the potential of losing money when investing in securities.

1$0 trades are only available with an individual or joint Merrill Edge self-directed brokerage account. Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) waives its commission fee for as many as 30 monthly online equity trades, including stock and exchange traded funds (ETFs) for customers who meet any one of the following criteria:

a) Combined total of $25,000 or more in your deposit accounts at Bank of America, N.A. When you make a trade, MLPF&S determines whether you meet the balance requirement to qualify that trade for the $0 waiver. MLPF&S adds the average collected balances in your deposit accounts as of the prior month to the balances in your bank CD and IRAs as of the prior business day. Bank deposit accounts with the same Social Security number (SSN) as the SSN(s) on the self-directed brokerage account are systematically included in the balance determination. If this calculation reflects a combined total of less than $25,000, a second calculation is made. To determine the 30-trade limit, MLPF&S adds the qualifying trades in your individual accounts and joint accounts. Commission fees apply when the balance requirement is not met, or when you exceed 30 qualifying trades a month. Brokerage fees associated with, but not limited to, margin transactions, option trading, special stock registration/gifting, account transfer and processing, account maintenance, research request and termination apply. See merrilledge.com for details. Standard deposit account fees apply. Relationship requirements and pricing are subject to change.
b) Or combined balance of $25,000 or more in cash balances in one or more of the following sweep options in your Merrill Edge self-directed account(s) as of the prior business day:

- Bank Deposit Accounts sweep option with your Cash Management Account® (CMA®)

- Retirement Assets Savings Program II sweep with your IRA

c) Or Client of U.S. Trust, Bank of America Private Wealth Management
d) Or Client of Platinum Privileges

This offer does not apply to Business/Corporate Accounts, Investment Club Accounts, Partnership Accounts and certain fiduciary accounts held at MLPF&S.

2You automatically enjoy status in the Platinum Privileges® program if you maintain at least $50,000 as a combined balance in your Bank of America deposit accounts and/or your Merrill Edge brokerage accounts and have a Bank of America personal checking account or Merrill Edge brokerage account. As of 7/9/2012, to qualify for the Platinum Privileges® program you must have an active Bank of America checking account. The balance qualifications, including combined balances, are not changing. If you are a Merrill Lynch Wealth Management and/or U.S. Trust customer, you are not eligible for Platinum Privileges®, and you can speak with your Financial Advisor or Private Client Advisor for information about the benefits available to you.

Equity securities sold through Merrill Edge self-directed investing are subject to stock market fluctuations that occur in response to economic and business developments.

Options Trades: Option trading entails significant risk and is not appropriate for all investors. Certain requirements must be met to trade options through Merrill Lynch, Pierce, Fenner & Smith Incorporated. Options may not be suitable for all investors. Please read the options disclosure document entitled "Characteristics and Risks of Standardized Options" before considering any option transaction. Contact 1.877.653.4732, Monday – Friday, 7:30 a.m. to midnight, and Saturday, 8 a.m. to 9 p.m., Eastern for a copy. A separate client agreement is required to trade options.

Orders which involve multiple option transactions will be charged a separate commission on each leg of the option order.

Mutual Funds: A transaction fee may be charged whenever mutual fund shares held for 180 days or less are exchanged or redeemed. These mutual funds may also be subject to management fees. Investors should carefully consider a fund's investment objectives, risks, charges and expenses before investing. This and other important information is included in the fund's prospectus, which should be read carefully before investing. You can review fund prospectuses online or request a prospectus by calling Merrill Edge self-directed investing at 1.877.653.4732, Monday through Friday, 7:30 a.m. to midnight, and Saturday, 8 a.m. to 9 p.m., Eastern.

Fund shares may be redeemed directly with the Fund without payment of the Merrill Lynch Short-Term Redemption fee.

Fixed Income: Fixed income orders contain order information on Agency Discounts/Notes/Bonds, Certificates of Deposit, Corporate Bonds, Municipal Bonds and Treasury Bond investment vehicles.

Exchange Traded Funds are subject to risks similar to those of stocks. Investment returns may fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. You should carefully consider the investment objectives, risks, charges, and expenses before investing in this product. This and other important information is included in the prospectus, which should be read carefully before investing. Prospectuses can be obtained from your investment professional or through the investor's sign-in area of bankofamerica.com/investments.

A Brokered Certificate of Deposit is different than a bank Certificate of Deposit. It is sold for a bank by a broker while a Certificate of Deposit can be purchased directly from a bank. Brokered CDs may offer higher rates of return, but their value may fluctuate with changing interest rates. Banking products are provided by Bank of America, N.A. and affiliated banks. Members FDIC and wholly owned subsidiaries of Bank of America Corporation.


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Merrill Lynch Fees are as of 2014 and are subject to change. For the most recent information go to their website:


Merrill Lynch Fees

This article was updated on 02/10/2014.



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