Annual Fee
Preferred Portfolio Services® (PPS) Custom account investors will pay an annual account management fee. Other transaction charges and third-party custodial fees may apply; see below for details.
The total assets will be billed at the rate depending on what account size level they fall within.
Management Fee
Transaction Charges**
Transaction Charges**
| Account Size | Maximum Annual Fee* |
| $0–$1,000,000 | 1.10% |
| $1,000,000–$2,000,000 | 0.90% |
| $2,000,000+ | 0.55% |
| *Please note: The minimum account size at account opening is $500,000. | |
| EQUITIES | Maximum Charges |
| OTC | $25.00 |
| Listed | $25.00 up to 1,000 shares, +$0.01 per share thereafter |
| FIXED INCOME | |
| Treasuries, CDs, & Federal Agencies | $30.00 |
| Corporates & Municipals | $30.00 |
| UITs | $20.00 |
| CMOs | $30.00 |
| OPTIONS | $20 + $1.25 per contract |
| MUTUAL FUNDS | |
| Buy/Sell/Exchange | $20.00 |
*The maximum annual fee for certain account size and type may be negotiated.
**Plus $4.00 confirm fee for all transactions except mutual fund exchanges, NTF funds, and periodic investment/systematic withdrawal transactions. Maximum transaction charges for purchases and sales within the CGM, Dimensional Fund Advisors, Dodge & Cox, Sequoia, and Vanguard mutual fund families have increased to $35.