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Wellstrade Fees, Margin Rates, IRA Fees, Interest, Trading Tools Charges for 2012
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Wells Fargo Investments Brokerage Margin Rates
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Debit Balance |
Percentage added to WFI's "Base Rate"1
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$0-$24,999.99 |
Base Rate plus 3.625% |
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$25,000-$49,999.99 |
Base Rate plus 2.5% |
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$50,000-$99,999.99 |
Base Rate plus 2.375% |
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$100,000-$249,999.99 |
Base Rate plus 0.75% |
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$250,000-$499,999.99 |
Base Rate plus 0.625% |
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$500,000-$999,999.99 |
Base Rate plus 0.50% |
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$1,000,000-$4,999,999.99 |
Base Rate |
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$1,000,000-$4,999,999.99 |
Base Rate plus 0.75% |
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$5,000,000-$9,999,999.99 |
Base Rate minus 0.5% |
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$10,000,000 and above |
Base Rate minus 0.75% |
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Unpaid Cash Account Balance |
Base rate + 3.625% |
Wellstrade Annual Account Fees
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Type of Account |
Annual Fee |
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Command Asset Program/Command Asset Program for IRAs |
$125.00 |
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Command Asset Program for Business |
$150.00 |
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Investment (stand brokerage) Account |
$60.00 |
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Individual Retirement Account |
$30.00 |
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Coverdell Education Savings Account |
$20.00 |
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UGMA/UTMA |
$20.00 |
Annual account fees will be deducted automatically from your accounts in
September. Annual account fees can be waived for the following:
- If you have Wells Fargo Advisors accounts with a
household relationship that totals $50,000 or more as of June 30, and elect to
go paperless and receive all documents online only ─ including statements, trade
confirmations, tax documents/1099s and shareholder communications ─ you will
receive a fee rebate of up to $60 of the applicable annual fee per account.
- Accounts linked to a Wells Fargo® PMA®
Package will qualify for fee waivers as follows:
- For standard brokerage Investment Accounts, IRA or Education Savings Accounts,
annual fees will be waived.
- For Command Asset Program accounts, annual fees will be waived if the PMA
qualifying balance is $250,000 or more on June 30. Command Asset Program
accounts with a PMA qualifying balance of less than $250,000 will
receive a fee rebate of up to $65 of the applicable annual fee per account.
- Wells Fargo Private Bank Clients
- Standard brokerage Investment Accounts, IRA or Education Savings Accounts with
mutual fund positions of $50,000 or more (exclusive of money market, closed-end
and exchange-traded funds).
- Accounts that are part of a household relationship with Wells
Fargo Advisors that totals $250,000 or more as of June 30. Your total
household relationship includes all personal brokerage assets that appear on
your Wells Fargo Advisors statements. (If you maintain
accounts with Wells Fargo Bank, N.A., assets in those
accounts are not included in your Wells Fargo Advisors
household relationship. Assets shown on your statement under the Other
Assets/Liabilities section are also not included).
Wellstrade Operational and Service Fees
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Physical Certificate Issuance |
Actual fee charged to Wells Fargo Advisors:
- $250 (minimum) standard delivery
- $500 (minimum) rush delivery (3-5 days)
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Obtaining Physical Certification of a Foreign Security |
$250 (minimum) per security |
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Rejection of Ineligible Physical Certificates Presented for Deposit |
$75 |
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Replace Certificate Lost by Client |
$100 + out-of-pocket expenses |
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Safekeeping Fee1
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$25 per position annual charge ($250 annual maximum per account) |
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Wire Transfer – Outgoing |
$25 |
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Returned Items (Insufficient Funds) |
$20 ($25 for Business Accounts) |
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Deposited/Cashed Item Chargeback |
$10 |
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Account Research or Document Retrieval |
$15 per hour, $5 per document (minimum of one hour) |
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Outgoing Account Transfer |
$95 |
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IRA Termination Fee2
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$95 |
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Private Investment Fees |
$200 origination, $100 annual per position, $500 maximum annual per account |
COMMISSIONS AND FEES ARE SUBJECT TO CHANGE WITHOUT NOTICE.
Wellstrade Fees are as of 2012 and are subject to change. For most recent information go here:
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