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Navigation Path: Home > Wealth Management > Personal Wealth > Investments & Brokerage > Commission & Fee Schedule Larger Type|Smaller Type|Print

Commission and Fee Schedule

The ability to view your First Citizens Investor Services brokerage account and to effect online transactions at your convenience is available to clients who have registered for online account access. With this service you can receive market data and detailed information about your securities account, including your positions, balances, activity and more. Just click on the appropriate link below to get started.

Asset Management Account Program

 

minimum deposit required to open account:

$25,000.00 in any combination of cash and/or securities

annual fee:

$100.00

monthly service fee:

$25.00*

*To avoid the monthly service fee, maintain minimum balance in your AMA account of $25,000.00

Annual Account Fees for Asset Management Accounts:

All annual account fees on the AMA will be charges on the Anniversary Date of the account opening. FCIS may reduce or waive account fees based on a client's total household relationship, as follows:

For households with combined bank and brokerage assets of $250,000.00 or more on the account Anniversary Date. Your total household relationship includes all personal assets included in your FCB and FCIS relationship.

Equities

Principal Value Commission Formula

under $4,999

$42 + .0075 of the principal dollar amount

$5,000—$11,999

$55 + .0043 of the principal dollar amount

$12,000—$21,999

$65 + .0032 of the principal dollar amount

$22,000—$49,999

$82 + .0022 of the principal dollar amount

$50,000—$299,999

$125 + .0011 of the principal dollar amount

over $300,000

$180 + .0009 of the principal dollar amount
 

minimum commission charge:

$45

minimum per share commission charge:

$0.05

maximum per share commission charge:

$0.60 on the first 100 shares

 

$0.50 on 101 shares and above

Options

Principal Value Commission Formula

under $3,000

$40 + .013 of the principal dollar amount

$3,000—$9,999

$40 + .010 of the principal dollar amount

over $10,000

$40 + .007 of the principal dollar amount
 

minimum commission charge 1-10 contracts:

$40 + $3 per contract

minimum commission charge over 11 contracts:

$40 + $2.50 per contract

maximum per contract commission charge:

$20 per contract

Bonds

US Government, Municipal, Corporate and Zero Coupon bonds

Auction and agency transactions: $50 per issue.
Secondary transactions: fee charged is a factor of the coupon, size of the order, credit quality, maturity date, other features of each issue, and is included in the price per bond.
Please contact your Registered Representative or our Trading Desk toll-free at 1.877.556.7442 for additional information.

Mutual Funds

No-load funds: $25 transaction fee per security.
Load Mutual funds and Unit Investment Trusts are charged as indicated in the prospectus.

Margin Accounts

Debit Balance Pershing Base Lending Rate plus

over $50,000

0.75%

$30,000—$49,999

1.50%

$10,000—$29,999

2.00%

under $9,999

2.75%
 

Required minimum equity is $2,000.00

Miscellaneous Fees

IRA Accounts

Annual Custodian Fee

if account value is less than $49,999

$35

if account value is more than $50,000

$0

Simple IRA

$50

IRA, SEP and Roth IRA account termination fee

$75

Wire Fee

$20

Returned Check

$30

Reorganization/Voluntary Tender Fee (per item)

$20

Reorganization/Physical Tender Fee (per item)

$20

Margin/Cash Trade Extension

$20

Foreign Securities Surcharge

$75

Foreign Fixed Income Securities Clearance

$50

Foreign Securities Safekeeping (per item per quarter)

$5

Confirmation Handling Fee

$3

Securities Delivery Charge (per item)

$60

Securities Safekeeping (per item per month)

$2

Foreign Securities Safekeeping (per item per quarter)

$5

Special Products Held In Retirement Accounts Fee (Annual per position)

$35

Legal Transfers

$60

Dividend Reinvestment (per position & event)

$1

Outgoing Full Account Transfer Fee

$75

Annual Custody Fee1

$50
 
The above fees are First Citizens Investor Services fees and do not reflect other standard nominal charges levied by the securities industry. All rates, fees and commissions are subject to change without notice.
1 This annual custody fee will be charged to regular brokerage accounts that either (i) maintain an account balance of less than $50,000.00, or (ii) did not execute a securities transaction within the prior calendar year.

INVESTMENTS IN SECURITIES, ANNUITIES AND INSURANCE

Not Insured by FDIC or any Federal Government Agency

May lose value

Not a Deposit of or Guaranteed by a Bank or any Bank Affiliate

Brokerage services are offered through First Citizens Investor Services, Inc. Member FINRA/SIPC