| Fee Description | Amount |
Standard Brokerage Account
No fee for standard account |
N/A |
Brokerage Portfolio
Annual fee for a Brokerage Portfolio Account |
$100.00 |
Brokerage Portfolio with Platinum Card
Annual fee for a Brokerage Portfolio Account with Platinum Visa with Rewards Debit Card |
$150.00 |
Brokerage Access
Annual fee for Brokerage Access Account with Debit Cards (Free if client does not choose debit card privileges) |
$50.00 |
Wire Fee
Charged when funds are wired out of a clients NFS account |
$15.00 |
Full TOA Delivery Fee
Charged when an account requests a full transfer leaving NFS |
$95.00 |
IRA Annual Maintenance Fee
Annual fee on IRA accounts |
$50.00 |
IRA Termination Fee
Charged when an IRA account is closed due to a full distribution or is requesting a transfer leaving NFS |
$75.00 |
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 |
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 |