NFS Fee Disclosure
B. Riley Wealth Management Inc., Member FINRA/SIPC Fee Disclosure 03/01/2018
FEES | CHARGE | NOTE |
Wire Fee | 30.00$ | per event |
Pre-Payment Fee | 10.00$ | (plus interest) |
Manual One Time Retirement Distribution | 30.00$ | per event |
Duplicate Statement, Confirm or Tax Doc requests | 10.00$ | per month ($20 for closed accounts) |
ACH/EFT NSF | 50.00$ | per event |
Bounced/Returned Check | 75.00$ | per event |
Stop Payment | 25.00$ | per event |
Safekeeping (covers deposit, custody & withdrawal) | 8.50$ | Per certificate per month |
Copy of Canceled Check | 10.00$ | per check |
Service fee, handling and processing (per transaction) | -$ | varies depending on broker of record |
Tax Corrections | 50.00$ | (for any previous tax year) |
Annual Custody Fee | 75.00$ |
The Annual Custody Fee is assessed on each account which holds a position, and for which there has been no trading activity during the prior calendar year. Fund PIPs/SWPs, Exchanges, NTFs as well as equity dividend reinvestments and margin interest are considered trading activity. Fee will be charged in January following the calendar year of no activity. The parameters for the annual custody fee are subject to review by NFS.
Annual Account Minimum Equity Fee | 75.00$ | charged if total account balance is less than $2,500 as of 11/30 of each calendar year |
Overnight Package USA | 30.00$ | |
Overnight Package International | 60.00$ |
TRANSFERS | ||
Outgoing ACAT | 150.00$ | Does not apply to qualified accounts where FMTC/NFS is the custodian. |
Foreign Secs Rec/Del | 100.00$ | plus pass through fees |
DTC Deliveries | 75.00$ | per security |
DRS or DWAC Receives | 25.00$ | per security |
Legal Transfers | 150.00$ | per event |
Physical Re Org Fee | 150.00$ | per security |
Transfer and Ship (DRS Eligible) | 50.00$ | per event |
Transfer and Ship (Non-DRS Eligible) | 500.00$ | per event |
Legal Certificate Returns | 100.00$ | per security |
Restricted Stock Clearance for NSC Investment Banking deals | 150.00$ | per submission |
Restricted Stock Clearance Review/Approval/Deposit | 500.00$ | per submission (non-NSC Investment Banking deals) |
Precious Metals (transfer, delivery & custody) | -$ | pass through fees |
RETIREMENT ACCOUNTS | ||
Annual Fee | $35.00 | Applies to qualified accounts where FMTC/NFS is the custodian |
Closing/Termination Fee | 125.00$ | Applies to qualified accounts where FMTC/NFS is the custodian |
ALTERNATIVE INVESTMENTS | ||
Custody and Valuation Fee* | 35.00$ | per Registered CUSIP |
Custody and Valuation Fee* | 125.00$ | per Non-Registered CUSIP |
* Annual Custody and Valuation fees shall be capped at | $500 per account per year. | Registered products are alternative investments registered under the Securities Act of 1933 |
Initial/additional purchases | 50.00$ | |
Re-registration | 50.00$ | |
Transfer Re-registration Fee | 50.00$ | |
Document Review | 100.00$ |
CHECKWRITING | ||
Brokerage Access with optional Debit Card | 125.00$ | |
First 25 checks free. No per check minimum. | $500 money market balance. | $1.00 ATM Fee on all ATM withdrawals, ATM surcharges and other fees may apply. |
Brokerage Access Check Re-Order | 5.00$ | 50 Checks |
Brokerage Portfolio (Checking Only) | 150.00$ | No per check minimum. $5k minimum in money market and/or |
Brokerage Portfolio with Gold Card | 150.00$ | marginable secs. 5 free ATM withdrawals- ATM Surcharges may apply |
Brokerage Portfolio with Platinum Card | 200.00$ | Other fees may apply. 3.NF-LR1-FD-0318 |